Military spending per armed forces personnel in Cape Verde

Cape Verde: Military spending per armed forces personnel was 12,336 constant 2024 US$ in 2020. ▲ Rising

Latest (2020)
12,336 constant 2024 US$
Change on year
up 13.2%
World rank
116th
of 160 countries
All-time high
12,336 constant 2024 US$
in 2020
All-time low
1,465 constant 2024 US$
in 1985
Years of data
29
1985–2020

Military spending per armed forces personnel in Cape Verde, 1985–2020

2.5k5.0k7.5k10.0k12.5k1985200220201985: 1.5k constant 2024 US$1992: 5.6k constant 2024 US$1993: 4.8k constant 2024 US$1994: 5.9k constant 2024 US$1995: 8.1k constant 2024 US$1996: 5.6k constant 2024 US$1997: 5.6k constant 2024 US$1998: 6.3k constant 2024 US$1999: 6.7k constant 2024 US$2000: 10.8k constant 2024 US$2001: 6.8k constant 2024 US$2002: 6.2k constant 2024 US$2003: 6.5k constant 2024 US$2004: 8.8k constant 2024 US$2005: 9.6k constant 2024 US$2007: 8.9k constant 2024 US$2008: 10.5k constant 2024 US$2009: 7.1k constant 2024 US$2010: 7.2k constant 2024 US$2011: 7.8k constant 2024 US$2012: 8.2k constant 2024 US$2013: 7.9k constant 2024 US$2014: 8.1k constant 2024 US$2015: 8.6k constant 2024 US$2016: 9.9k constant 2024 US$2017: 10.7k constant 2024 US$2018: 9.6k constant 2024 US$2019: 10.9k constant 2024 US$2020: 12.3k constant 2024 US$

Source: Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data. Measured in constant 2024 US$.

Analysis

The most recent figure for military spending per armed forces personnel in Cape Verde is 12,336 constant 2024 US$, measured in 2020. That is the highest value across all 29 years on record.

Compared with earlier readings it is up 13.2% on the previous year and up 71.7% over ten years.

Over the whole period, military spending per armed forces personnel in Cape Verde peaked at 12,336 constant 2024 US$ in 2020 and was at its lowest, 1,465 constant 2024 US$, in 1985.

That places Cape Verde 116th out of 160 countries with data for 2020, putting it in the middle of the range.

The long-run direction has been consistently rising across the 29 years of available data.

Military spending per armed forces personnel in Cape Verde, year by year

Annual values for Military spending per armed forces personnel in Cape Verde, 1985 to 2020.
Year constant 2024 US$ Change
1985 1,465 constant 2024 US$
1992 5,604 constant 2024 US$ +282.6%
1993 4,815 constant 2024 US$ -14.1%
1994 5,945 constant 2024 US$ +23.5%
1995 8,099 constant 2024 US$ +36.2%
1996 5,641 constant 2024 US$ -30.4%
1997 5,639 constant 2024 US$ -0.0%
1998 6,264 constant 2024 US$ +11.1%
1999 6,726 constant 2024 US$ +7.4%
2000 10,838 constant 2024 US$ +61.1%
2001 6,798 constant 2024 US$ -37.3%
2002 6,183 constant 2024 US$ -9.0%
2003 6,518 constant 2024 US$ +5.4%
2004 8,758 constant 2024 US$ +34.4%
2005 9,559 constant 2024 US$ +9.1%
2007 8,855 constant 2024 US$ -7.4%
2008 10,494 constant 2024 US$ +18.5%
2009 7,132 constant 2024 US$ -32.0%
2010 7,185 constant 2024 US$ +0.8%
2011 7,760 constant 2024 US$ +8.0%
2012 8,170 constant 2024 US$ +5.3%
2013 7,852 constant 2024 US$ -3.9%
2014 8,064 constant 2024 US$ +2.7%
2015 8,554 constant 2024 US$ +6.1%
2016 9,920 constant 2024 US$ +16.0%
2017 10,701 constant 2024 US$ +7.9%
2018 9,592 constant 2024 US$ -10.4%
2019 10,897 constant 2024 US$ +13.6%
2020 12,336 constant 2024 US$ +13.2%

Cape Verde compared with similar countries

  • Cape Verde's 12,336 constant 2024 US$ is below the median for upper middle income countries, which is 19,504 constant 2024 US$, 63% of the median. (46 countries reporting)
  • Cape Verde's 12,336 constant 2024 US$ is below the median for Sub-Saharan Africa, which is 13,391 constant 2024 US$, 92% of the median. (45 countries reporting)

Biggest year-on-year movements

Years where Military spending per armed forces personnel 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
1992 +282.6% 1,465 constant 2024 US$ 5,604 constant 2024 US$

Averages by decade

DecadeAverage LowestHighest Years
1980s 1,465 constant 2024 US$ 1,465 constant 2024 US$ 1,465 constant 2024 US$ 1
1990s 6,092 constant 2024 US$ 4,815 constant 2024 US$ 8,099 constant 2024 US$ 8
2000s 8,348 constant 2024 US$ 6,183 constant 2024 US$ 10,838 constant 2024 US$ 9
2010s 8,870 constant 2024 US$ 7,185 constant 2024 US$ 10,897 constant 2024 US$ 10
2020s 12,336 constant 2024 US$ 12,336 constant 2024 US$ 12,336 constant 2024 US$ 1

Countries ranked near Cape Verde

  1. 113 Eswatini 13,082 constant 2024 US$ compare
  2. 114 Lebanon 13,016 constant 2024 US$ compare
  3. 115 Angola 12,542 constant 2024 US$ compare
  4. 117 Pakistan 12,198 constant 2024 US$ compare
  5. 118 North Macedonia 11,646 constant 2024 US$ compare
  6. 119 Iraq 11,555 constant 2024 US$ compare

See the full ranking of 160 places →

More reference data data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is military spending per armed forces personnel in Cape Verde?
Military spending per armed forces personnel in Cape Verde was 12,336 constant 2024 US$ in 2020, according to Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data.
What is the highest military spending per armed forces personnel recorded in Cape Verde?
The highest recorded value was 12,336 constant 2024 US$ in 2020.
What is the lowest military spending per armed forces personnel recorded in Cape Verde?
The lowest recorded value was 1,465 constant 2024 US$ in 1985.
How does Cape Verde rank for military spending per armed forces personnel?
Cape Verde ranks 116th out of 160 countries with data for 2020.
Is military spending per armed forces personnel rising or falling in Cape Verde?
Over the last ten years it is up 71.7%. The long-run trend across the full record is rising.
Where does this Cape Verde data come from?
The figures come from Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data, published as part of Military spending per armed forces personnel. Statizoid updates them automatically from the source API.

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Military spending per armed forces personnel in Cape Verde. Statizoid, drawing on Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/military-spending-per-armed-forces-personnel/cabo-verde/

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About this data

Indicator
Military spending per armed forces personnel
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
160 places, 4,610 data points, 1985–2020
Last refreshed

Total military expenditure divided by armed forces personnel. 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.