Military spending gmsd in Cape Verde

Cape Verde: Military spending gmsd was 14.40 million in 2023. ▲ Rising

Latest (2023)
14.40 million
Change on year
up 5.7%
World rank
169th
of 172 countries
All-time high
14.40 million
in 2023
All-time low
5.52 million
in 1979
Years of data
49
1975–2023

Military spending gmsd in Cape Verde, 1975–2023

05.0M10.0M15.0M197519992023

Source: Our World in Data.

Analysis

In 2023, military spending gmsd in Cape Verde stood at 14.40 million. 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 gmsd in Cape Verde peaked at 14.40 million in 2023 and was at its lowest, 5.52 million, 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 gmsd in Cape Verde, year by year

Annual values for Military spending gmsd in Cape Verde, 1975 to 2023.
Year Value Change
1975 6.47 million —
1976 6.53 million +0.9%
1977 6.16 million -5.7%
1978 5.79 million -6.0%
1979 5.52 million -4.7%
1980 9.50 million +72.1%
1981 12.61 million +32.7%
1982 11.45 million -9.2%
1983 10.43 million -8.9%
1984 9.77 million -6.3%
1985 8.75 million -10.5%
1986 9.84 million +12.5%
1987 9.81 million -0.4%
1988 9.35 million -4.7%
1989 8.10 million -13.3%
1990 7.22 million -10.8%
1991 6.45 million -10.7%
1992 6.20 million -4.0%
1993 5.83 million -5.8%
1994 6.27 million +7.4%
1995 7.06 million +12.7%
1996 6.61 million -6.4%
1997 6.90 million +4.4%
1998 7.30 million +5.8%
1999 8.32 million +13.9%
2000 8.08 million -2.9%
2001 7.79 million -3.5%
2002 7.67 million -1.5%
2003 8.23 million +7.3%
2004 9.19 million +11.6%
2005 9.29 million +1.1%
2006 9.20 million -1.0%
2007 10.50 million +14.1%
2008 10.56 million +0.6%
2009 10.34 million -2.1%
2010 10.29 million -0.4%
2011 10.78 million +4.7%
2012 10.93 million +1.4%
2013 11.55 million +5.7%
2014 12.13 million +5.0%
2015 12.12 million -0.0%
2016 12.84 million +6.0%
2017 13.07 million +1.8%
2018 13.13 million +0.4%
2019 14.12 million +7.6%
2020 13.91 million -1.5%
2021 13.86 million -0.3%
2022 13.62 million -1.7%
2023 14.40 million +5.7%

Cape Verde compared with similar countries

  • Cape Verde's 14.40 million is below the median for upper middle income countries, which is 1.25 billion, 1% of the median. (49 countries reporting)
  • Cape Verde's 14.40 million is below the median for Sub-Saharan Africa, which is 350.64 million, 4% of the median. (46 countries reporting)

Biggest year-on-year movements

Years where Military spending gmsd 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.

YearChange FromTo
1980 +72.1% 5.52 million 9.50 million

Averages by decade

DecadeAverage LowestHighest Years
1970s 6.10 million 5.52 million 6.53 million 5
1980s 9.96 million 8.10 million 12.61 million 10
1990s 6.82 million 5.83 million 8.32 million 10
2000s 9.08 million 7.67 million 10.56 million 10
2010s 12.10 million 10.29 million 14.12 million 10
2020s 13.95 million 13.62 million 14.40 million 4

Countries ranked near Cape Verde

  1. 166 Laos 26.46 million compare
  2. 167 Gambia 18.64 million compare
  3. 168 Haiti 16.61 million compare
  4. 170 Djibouti 13.31 million compare
  5. 171 Comoros 5.56 million compare
  6. 172 Venezuela 4.83 million compare

See the full ranking of 172 places →

More reference data data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is military spending gmsd in Cape Verde?
Military spending gmsd in Cape Verde was 14.40 million in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Cape Verde?
The highest recorded value was 14.40 million in 2023.
What is the lowest military spending gmsd recorded in Cape Verde?
The lowest recorded value was 5.52 million in 1979.
How does Cape Verde rank for military spending gmsd?
Cape Verde ranks 169th out of 172 countries with data for 2023.
Is military spending gmsd 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 Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.

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Military spending gmsd in Cape Verde. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/cabo-verde/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed