Military spending in Cape Verde
Cape Verde: Military spending was 14.40 million constant 2022 US$ in 2023. ▲ Rising
Latest (2023)
14.40 million constant 2022 US$
Change on year
up 5.7%
World rank
169th
of 172 countries
All-time high
14.40 million constant 2022 US$
in 2023
All-time low
5.52 million constant 2022 US$
in 1979
Years of data
49
1975–2023
Military spending in Cape Verde, 1975–2023
Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.
Analysis
In 2023, military spending in Cape Verde stood at 14.40 million constant 2022 US$. That is the highest value across all 49 years on record.
That represents a change of up 5.7% on the previous year and up 24.6% over ten years.
Over the whole period, military spending in Cape Verde peaked at 14.40 million constant 2022 US$ in 2023 and was at its lowest, 5.52 million constant 2022 US$, in 1979.
That places Cape Verde 169th out of 172 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 49 years of available data.
Military spending in Cape Verde, year by year
| Year | constant 2022 US$ | Change |
|---|---|---|
| 1975 | 6.47 million constant 2022 US$ | — |
| 1976 | 6.53 million constant 2022 US$ | +0.9% |
| 1977 | 6.16 million constant 2022 US$ | -5.7% |
| 1978 | 5.79 million constant 2022 US$ | -6.0% |
| 1979 | 5.52 million constant 2022 US$ | -4.7% |
| 1980 | 9.50 million constant 2022 US$ | +72.1% |
| 1981 | 12.61 million constant 2022 US$ | +32.7% |
| 1982 | 11.45 million constant 2022 US$ | -9.2% |
| 1983 | 10.43 million constant 2022 US$ | -8.9% |
| 1984 | 9.77 million constant 2022 US$ | -6.3% |
| 1985 | 8.75 million constant 2022 US$ | -10.5% |
| 1986 | 9.84 million constant 2022 US$ | +12.5% |
| 1987 | 9.81 million constant 2022 US$ | -0.4% |
| 1988 | 9.35 million constant 2022 US$ | -4.7% |
| 1989 | 8.10 million constant 2022 US$ | -13.3% |
| 1990 | 7.22 million constant 2022 US$ | -10.8% |
| 1991 | 6.45 million constant 2022 US$ | -10.7% |
| 1992 | 6.20 million constant 2022 US$ | -4.0% |
| 1993 | 5.83 million constant 2022 US$ | -5.8% |
| 1994 | 6.27 million constant 2022 US$ | +7.4% |
| 1995 | 7.06 million constant 2022 US$ | +12.7% |
| 1996 | 6.61 million constant 2022 US$ | -6.4% |
| 1997 | 6.90 million constant 2022 US$ | +4.4% |
| 1998 | 7.30 million constant 2022 US$ | +5.8% |
| 1999 | 8.32 million constant 2022 US$ | +13.9% |
| 2000 | 8.08 million constant 2022 US$ | -2.9% |
| 2001 | 7.79 million constant 2022 US$ | -3.5% |
| 2002 | 7.67 million constant 2022 US$ | -1.5% |
| 2003 | 8.23 million constant 2022 US$ | +7.3% |
| 2004 | 9.19 million constant 2022 US$ | +11.6% |
| 2005 | 9.29 million constant 2022 US$ | +1.1% |
| 2006 | 9.20 million constant 2022 US$ | -1.0% |
| 2007 | 10.50 million constant 2022 US$ | +14.1% |
| 2008 | 10.56 million constant 2022 US$ | +0.6% |
| 2009 | 10.34 million constant 2022 US$ | -2.1% |
| 2010 | 10.29 million constant 2022 US$ | -0.4% |
| 2011 | 10.78 million constant 2022 US$ | +4.7% |
| 2012 | 10.93 million constant 2022 US$ | +1.4% |
| 2013 | 11.55 million constant 2022 US$ | +5.7% |
| 2014 | 12.13 million constant 2022 US$ | +5.0% |
| 2015 | 12.12 million constant 2022 US$ | -0.0% |
| 2016 | 12.84 million constant 2022 US$ | +6.0% |
| 2017 | 13.07 million constant 2022 US$ | +1.8% |
| 2018 | 13.13 million constant 2022 US$ | +0.4% |
| 2019 | 14.12 million constant 2022 US$ | +7.6% |
| 2020 | 13.91 million constant 2022 US$ | -1.5% |
| 2021 | 13.86 million constant 2022 US$ | -0.3% |
| 2022 | 13.62 million constant 2022 US$ | -1.7% |
| 2023 | 14.40 million constant 2022 US$ | +5.7% |
Cape Verde compared with similar countries
- Cape Verde's 14.40 million constant 2022 US$ is below the median for upper middle income countries, which is 1.25 billion constant 2022 US$, 1% of the median. (49 countries reporting)
- Cape Verde's 14.40 million constant 2022 US$ is below the median for Sub-Saharan Africa, which is 350.64 million constant 2022 US$, 4% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Military spending in Cape Verde changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1980 | +72.1% | 5.52 million constant 2022 US$ | 9.50 million constant 2022 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.10 million constant 2022 US$ | 5.52 million constant 2022 US$ | 6.53 million constant 2022 US$ | 5 |
| 1980s | 9.96 million constant 2022 US$ | 8.10 million constant 2022 US$ | 12.61 million constant 2022 US$ | 10 |
| 1990s | 6.82 million constant 2022 US$ | 5.83 million constant 2022 US$ | 8.32 million constant 2022 US$ | 10 |
| 2000s | 9.08 million constant 2022 US$ | 7.67 million constant 2022 US$ | 10.56 million constant 2022 US$ | 10 |
| 2010s | 12.10 million constant 2022 US$ | 10.29 million constant 2022 US$ | 14.12 million constant 2022 US$ | 10 |
| 2020s | 13.95 million constant 2022 US$ | 13.62 million constant 2022 US$ | 14.40 million constant 2022 US$ | 4 |
Countries ranked near Cape Verde
- 166 Laos 26.46 million constant 2022 US$ compare
- 167 Gambia 18.64 million constant 2022 US$ compare
- 168 Haiti 16.61 million constant 2022 US$ compare
- 170 Djibouti 13.31 million constant 2022 US$ compare
- 171 Comoros 5.56 million constant 2022 US$ compare
- 172 Venezuela 4.83 million constant 2022 US$ compare
More reference data data for Cape Verde
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0443 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0284 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0737 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0737 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1485 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2006 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.1251 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.4822 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0055 (2050)
Frequently asked questions
- What is military spending in Cape Verde?
- Military spending in Cape Verde was 14.40 million constant 2022 US$ in 2023, according to Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
- What is the highest military spending recorded in Cape Verde?
- The highest recorded value was 14.40 million constant 2022 US$ in 2023.
- What is the lowest military spending recorded in Cape Verde?
- The lowest recorded value was 5.52 million constant 2022 US$ in 1979.
- How does Cape Verde rank for military spending?
- Cape Verde ranks 169th out of 172 countries with data for 2023.
- Is military spending rising or falling in Cape Verde?
- Over the last ten years it is up 24.6%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.