Military spending, gaps filled in Cape Verde

Cape Verde: Military spending, gaps filled was 18.97 million constant 2024 US$ in 2025. ▲ Rising

Latest (2025)
18.97 million constant 2024 US$
Change on year
up 12.7%
World rank
157th
of 162 countries
All-time high
18.97 million constant 2024 US$
in 2025
All-time low
4.82 million constant 2024 US$
in 1993
Years of data
42
1984–2025

Military spending, gaps filled in Cape Verde, 1984–2025

5.0M10.0M15.0M20.0M1984200420251984: 12.0M constant 2024 US$1985: 11.3M constant 2024 US$1986: 11.7M constant 2024 US$1987: 11.3M constant 2024 US$1988: 11.1M constant 2024 US$1989: 9.7M constant 2024 US$1990: 8.3M constant 2024 US$1991: 7.0M constant 2024 US$1992: 5.6M constant 2024 US$1993: 4.8M constant 2024 US$1994: 5.9M constant 2024 US$1995: 9.3M constant 2024 US$1996: 6.5M constant 2024 US$1997: 6.5M constant 2024 US$1998: 7.2M constant 2024 US$1999: 8.1M constant 2024 US$2000: 13.0M constant 2024 US$2001: 8.8M constant 2024 US$2002: 8.0M constant 2024 US$2003: 8.5M constant 2024 US$2004: 8.8M constant 2024 US$2005: 9.6M constant 2024 US$2006: 8.9M constant 2024 US$2007: 8.9M constant 2024 US$2008: 10.5M constant 2024 US$2009: 8.6M constant 2024 US$2010: 8.6M constant 2024 US$2011: 9.3M constant 2024 US$2012: 9.8M constant 2024 US$2013: 9.4M constant 2024 US$2014: 9.7M constant 2024 US$2015: 10.3M constant 2024 US$2016: 11.9M constant 2024 US$2017: 10.7M constant 2024 US$2018: 11.5M constant 2024 US$2019: 10.9M constant 2024 US$2020: 12.3M constant 2024 US$2021: 11.6M constant 2024 US$2022: 11.1M constant 2024 US$2023: 14.5M constant 2024 US$2024: 16.8M constant 2024 US$2025: 19.0M constant 2024 US$

Source: Statizoid (derived). Measured in constant 2024 US$.

Analysis

The most recent figure for military spending, gaps filled in Cape Verde is 18.97 million constant 2024 US$, measured in 2025. That is the highest value across all 42 years on record.

That represents a change of up 12.7% on the previous year and up 84.8% over ten years.

Over the whole period, military spending, gaps filled in Cape Verde peaked at 18.97 million constant 2024 US$ in 2025 and was at its lowest, 4.82 million constant 2024 US$, in 1993.

That places Cape Verde 157th out of 162 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 42 years of available data.

Military spending, gaps filled in Cape Verde, year by year

Annual values for Military spending, gaps filled in Cape Verde, 1984 to 2025.
Year constant 2024 US$ Change
1984 11.96 million constant 2024 US$
1985 11.28 million constant 2024 US$ -5.7%
1986 11.68 million constant 2024 US$ +3.5%
1987 11.34 million constant 2024 US$ -2.9%
1988 11.08 million constant 2024 US$ -2.3%
1989 9.71 million constant 2024 US$ -12.4%
1990 8.34 million constant 2024 US$ -14.1%
1991 6.97 million constant 2024 US$ -16.4%
1992 5.60 million constant 2024 US$ -19.6%
1993 4.82 million constant 2024 US$ -14.1%
1994 5.95 million constant 2024 US$ +23.5%
1995 9.31 million constant 2024 US$ +56.7%
1996 6.49 million constant 2024 US$ -30.4%
1997 6.48 million constant 2024 US$ -0.0%
1998 7.20 million constant 2024 US$ +11.1%
1999 8.07 million constant 2024 US$ +12.0%
2000 13.01 million constant 2024 US$ +61.1%
2001 8.84 million constant 2024 US$ -32.1%
2002 8.04 million constant 2024 US$ -9.0%
2003 8.47 million constant 2024 US$ +5.4%
2004 8.76 million constant 2024 US$ +3.4%
2005 9.56 million constant 2024 US$ +9.1%
2006 8.87 million constant 2024 US$ -7.2%
2007 8.85 million constant 2024 US$ -0.2%
2008 10.49 million constant 2024 US$ +18.5%
2009 8.56 million constant 2024 US$ -18.5%
2010 8.62 million constant 2024 US$ +0.8%
2011 9.31 million constant 2024 US$ +8.0%
2012 9.80 million constant 2024 US$ +5.3%
2013 9.42 million constant 2024 US$ -3.9%
2014 9.68 million constant 2024 US$ +2.7%
2015 10.26 million constant 2024 US$ +6.1%
2016 11.90 million constant 2024 US$ +16.0%
2017 10.70 million constant 2024 US$ -10.1%
2018 11.51 million constant 2024 US$ +7.6%
2019 10.90 million constant 2024 US$ -5.3%
2020 12.34 million constant 2024 US$ +13.2%
2021 11.61 million constant 2024 US$ -5.9%
2022 11.05 million constant 2024 US$ -4.8%
2023 14.48 million constant 2024 US$ +31.1%
2024 16.83 million constant 2024 US$ +16.2%
2025 18.97 million constant 2024 US$ +12.7%

Cape Verde compared with similar countries

  • Cape Verde's 18.97 million constant 2024 US$ is below the median for upper middle income countries, which is 1.62 billion constant 2024 US$, 1% of the median. (46 countries reporting)
  • Cape Verde's 18.97 million constant 2024 US$ is below the median for Sub-Saharan Africa, which is 336.91 million constant 2024 US$, 6% of the median. (45 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 11.17 million constant 2024 US$ 9.71 million constant 2024 US$ 11.96 million constant 2024 US$ 6
1990s 6.92 million constant 2024 US$ 4.82 million constant 2024 US$ 9.31 million constant 2024 US$ 10
2000s 9.34 million constant 2024 US$ 8.04 million constant 2024 US$ 13.01 million constant 2024 US$ 10
2010s 10.21 million constant 2024 US$ 8.62 million constant 2024 US$ 11.90 million constant 2024 US$ 10
2020s 14.21 million constant 2024 US$ 11.05 million constant 2024 US$ 18.97 million constant 2024 US$ 6

Countries ranked near Cape Verde

  1. 154 Mauritius 22.63 million constant 2024 US$ compare
  2. 155 Laos 21.81 million constant 2024 US$ compare
  3. 156 Guinea-Bissau 21.02 million constant 2024 US$ compare
  4. 158 Gambia 14.65 million constant 2024 US$ compare
  5. 159 Afghanistan 8.55 million constant 2024 US$
  6. 160 Costa Rica 0 constant 2024 US$
  7. 160 Iceland 0 constant 2024 US$
  8. 160 Panama 0 constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is military spending, gaps filled in Cape Verde?
Military spending, gaps filled in Cape Verde was 18.97 million constant 2024 US$ in 2025, according to Statizoid (derived).
What is the highest military spending, gaps filled recorded in Cape Verde?
The highest recorded value was 18.97 million constant 2024 US$ in 2025.
What is the lowest military spending, gaps filled recorded in Cape Verde?
The lowest recorded value was 4.82 million constant 2024 US$ in 1993.
How does Cape Verde rank for military spending, gaps filled?
Cape Verde ranks 157th out of 162 countries with data for 2025.
Is military spending, gaps filled rising or falling in Cape Verde?
Over the last ten years it is up 84.8%. The long-run trend across the full record is rising.
Where does this Cape Verde data come from?
The figures come from Statizoid (derived), published as part of Military spending, gaps filled. Statizoid updates them automatically from the source API.

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Military spending, gaps filled in Cape Verde. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-gaps-filled/cabo-verde/

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How this figure is calculated

Military spending with 108 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military spending, gaps filled
Unit
constant 2024 US$
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
162 places, 8,449 data points, 1949–2025
Last refreshed

Military spending with 108 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.