{"entity":{"iso2":"CV","iso3":"CPV","name":"Cape Verde","slug":"cabo-verde"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"military-spending-per-armed-forces-personnel","source":"Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/military-spending-per-armed-forces-personnel","title":"Military spending per armed forces personnel","unit":"constant 2024 US$"},"observations":[{"date":"1985-01-01","value":1464.66},{"date":"1992-01-01","value":5603.57},{"date":"1993-01-01","value":4815.42},{"date":"1994-01-01","value":5945.37},{"date":"1995-01-01","value":8099.49},{"date":"1996-01-01","value":5640.6},{"date":"1997-01-01","value":5638.87},{"date":"1998-01-01","value":6264.06},{"date":"1999-01-01","value":6726.35},{"date":"2000-01-01","value":10838.5},{"date":"2001-01-01","value":6797.73},{"date":"2002-01-01","value":6182.92},{"date":"2003-01-01","value":6517.52},{"date":"2004-01-01","value":8758.35},{"date":"2005-01-01","value":9558.99},{"date":"2007-01-01","value":8854.68},{"date":"2008-01-01","value":10494.4},{"date":"2009-01-01","value":7131.6},{"date":"2010-01-01","value":7185.39},{"date":"2011-01-01","value":7759.96},{"date":"2012-01-01","value":8170.0},{"date":"2013-01-01","value":7852.24},{"date":"2014-01-01","value":8064.14},{"date":"2015-01-01","value":8554.03},{"date":"2016-01-01","value":9920.24},{"date":"2017-01-01","value":10700.7},{"date":"2018-01-01","value":9592.23},{"date":"2019-01-01","value":10896.9},{"date":"2020-01-01","value":12336.2}],"summary":{"latest_period":"2020-01-01","latest_value":12336.2,"max":12336.2,"mean":7805.69,"min":1464.66,"of":160,"rank":116,"trend":"rising"}}