Statizoid

Military spending, per unit of GDP in Cape Verde

Cape Verde: Military spending, per unit of GDP was 0.0058 constant 2022 US$ per US$ of GDP in 2023. ◆ Volatile

Latest (2023)
0.0058 constant 2022 US$ per US$ of GDP
Change on year
down 5.2%
World rank
155th
of 170 countries
All-time high
0.0904 constant 2022 US$ per US$ of GDP
in 1981
All-time low
0.0053 constant 2022 US$ per US$ of GDP
in 2011
Years of data
44
1980–2023

Military spending, per unit of GDP in Cape Verde, 1980–2023

00.020.040.060.080.11980200120231980: 0.067 constant 2022 US$ per US$ of GDP1981: 0.09 constant 2022 US$ per US$ of GDP1982: 0.081 constant 2022 US$ per US$ of GDP1983: 0.075 constant 2022 US$ per US$ of GDP1984: 0.074 constant 2022 US$ per US$ of GDP1985: 0.064 constant 2022 US$ per US$ of GDP1986: 0.052 constant 2022 US$ per US$ of GDP1987: 0.042 constant 2022 US$ per US$ of GDP1988: 0.035 constant 2022 US$ per US$ of GDP1989: 0.03 constant 2022 US$ per US$ of GDP1990: 0.024 constant 2022 US$ per US$ of GDP1991: 0.02 constant 2022 US$ per US$ of GDP1992: 0.017 constant 2022 US$ per US$ of GDP1993: 0.012 constant 2022 US$ per US$ of GDP1994: 0.015 constant 2022 US$ per US$ of GDP1995: 0.015 constant 2022 US$ per US$ of GDP1996: 0.013 constant 2022 US$ per US$ of GDP1997: 0.014 constant 2022 US$ per US$ of GDP1998: 0.014 constant 2022 US$ per US$ of GDP1999: 0.014 constant 2022 US$ per US$ of GDP2000: 0.015 constant 2022 US$ per US$ of GDP2001: 0.014 constant 2022 US$ per US$ of GDP2002: 0.012 constant 2022 US$ per US$ of GDP2003: 0.01 constant 2022 US$ per US$ of GDP2004: 0.01 constant 2022 US$ per US$ of GDP2005: 0.01 constant 2022 US$ per US$ of GDP2006: 0.008 constant 2022 US$ per US$ of GDP2007: 0.006 constant 2022 US$ per US$ of GDP2008: 0.005 constant 2022 US$ per US$ of GDP2009: 0.006 constant 2022 US$ per US$ of GDP2010: 0.006 constant 2022 US$ per US$ of GDP2011: 0.005 constant 2022 US$ per US$ of GDP2012: 0.006 constant 2022 US$ per US$ of GDP2013: 0.006 constant 2022 US$ per US$ of GDP2014: 0.006 constant 2022 US$ per US$ of GDP2015: 0.007 constant 2022 US$ per US$ of GDP2016: 0.007 constant 2022 US$ per US$ of GDP2017: 0.007 constant 2022 US$ per US$ of GDP2018: 0.006 constant 2022 US$ per US$ of GDP2019: 0.006 constant 2022 US$ per US$ of GDP2020: 0.008 constant 2022 US$ per US$ of GDP2021: 0.007 constant 2022 US$ per US$ of GDP2022: 0.006 constant 2022 US$ per US$ of GDP2023: 0.006 constant 2022 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2022 US$ per US$ of GDP.

Analysis

In 2023, military spending, per unit of gdp in Cape Verde stood at 0.0058 constant 2022 US$ per US$ of GDP.

That represents a change of down 5.2% on the previous year and up 1.0% over ten years.

Over the whole period, military spending, per unit of gdp in Cape Verde peaked at 0.0904 constant 2022 US$ per US$ of GDP in 1981 and was at its lowest, 0.0053 constant 2022 US$ per US$ of GDP, in 2011.

That places Cape Verde 155th out of 170 countries with data for 2023, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending, per unit of GDP in Cape Verde, year by year

Year constant 2022 US$ per US$ of GDP Change
1980 0.0668 constant 2022 US$ per US$ of GDP —
1981 0.0904 constant 2022 US$ per US$ of GDP +35.4%
1982 0.0814 constant 2022 US$ per US$ of GDP -9.9%
1983 0.0753 constant 2022 US$ per US$ of GDP -7.5%
1984 0.074 constant 2022 US$ per US$ of GDP -1.7%
1985 0.0636 constant 2022 US$ per US$ of GDP -14.2%
1986 0.0516 constant 2022 US$ per US$ of GDP -18.8%
1987 0.0417 constant 2022 US$ per US$ of GDP -19.3%
1988 0.0354 constant 2022 US$ per US$ of GDP -15.1%
1989 0.0303 constant 2022 US$ per US$ of GDP -14.3%
1990 0.0235 constant 2022 US$ per US$ of GDP -22.3%
1991 0.0202 constant 2022 US$ per US$ of GDP -14.3%
1992 0.0173 constant 2022 US$ per US$ of GDP -14.0%
1993 0.0119 constant 2022 US$ per US$ of GDP -31.4%
1994 0.0154 constant 2022 US$ per US$ of GDP +29.6%
1995 0.0145 constant 2022 US$ per US$ of GDP -5.9%
1996 0.0132 constant 2022 US$ per US$ of GDP -9.2%
1997 0.0141 constant 2022 US$ per US$ of GDP +6.8%
1998 0.014 constant 2022 US$ per US$ of GDP -0.6%
1999 0.014 constant 2022 US$ per US$ of GDP +0.4%
2000 0.015 constant 2022 US$ per US$ of GDP +6.7%
2001 0.0138 constant 2022 US$ per US$ of GDP -7.6%
2002 0.0124 constant 2022 US$ per US$ of GDP -10.7%
2003 0.0101 constant 2022 US$ per US$ of GDP -18.2%
2004 0.0099 constant 2022 US$ per US$ of GDP -1.9%
2005 0.0096 constant 2022 US$ per US$ of GDP -3.8%
2006 0.0083 constant 2022 US$ per US$ of GDP -13.1%
2007 0.0064 constant 2022 US$ per US$ of GDP -23.4%
2008 0.0054 constant 2022 US$ per US$ of GDP -15.3%
2009 0.0056 constant 2022 US$ per US$ of GDP +3.6%
2010 0.0056 constant 2022 US$ per US$ of GDP +1.1%
2011 0.0053 constant 2022 US$ per US$ of GDP -6.6%
2012 0.0057 constant 2022 US$ per US$ of GDP +8.5%
2013 0.0057 constant 2022 US$ per US$ of GDP -0.3%
2014 0.0059 constant 2022 US$ per US$ of GDP +4.3%
2015 0.0069 constant 2022 US$ per US$ of GDP +16.6%
2016 0.0069 constant 2022 US$ per US$ of GDP +0.2%
2017 0.0065 constant 2022 US$ per US$ of GDP -5.7%
2018 0.006 constant 2022 US$ per US$ of GDP -9.1%
2019 0.0063 constant 2022 US$ per US$ of GDP +5.3%
2020 0.0076 constant 2022 US$ per US$ of GDP +21.8%
2021 0.0068 constant 2022 US$ per US$ of GDP -11.5%
2022 0.0061 constant 2022 US$ per US$ of GDP -10.3%
2023 0.0058 constant 2022 US$ per US$ of GDP -5.2%

Cape Verde compared with similar countries

  • Cape Verde's 0.0058 constant 2022 US$ per US$ of GDP is below the median for upper middle income countries, which is 0.0152 constant 2022 US$ per US$ of GDP, 38% of the median. (49 countries reporting)
  • Cape Verde's 0.0058 constant 2022 US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.0159 constant 2022 US$ per US$ of GDP, 36% of the median. (46 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.0611 constant 2022 US$ per US$ of GDP 0.0303 constant 2022 US$ per US$ of GDP 0.0904 constant 2022 US$ per US$ of GDP 10
1990s 0.0158 constant 2022 US$ per US$ of GDP 0.0119 constant 2022 US$ per US$ of GDP 0.0235 constant 2022 US$ per US$ of GDP 10
2000s 0.0096 constant 2022 US$ per US$ of GDP 0.0054 constant 2022 US$ per US$ of GDP 0.015 constant 2022 US$ per US$ of GDP 10
2010s 0.0061 constant 2022 US$ per US$ of GDP 0.0053 constant 2022 US$ per US$ of GDP 0.0069 constant 2022 US$ per US$ of GDP 10
2020s 0.0066 constant 2022 US$ per US$ of GDP 0.0058 constant 2022 US$ per US$ of GDP 0.0076 constant 2022 US$ per US$ of GDP 4

Countries ranked near Cape Verde

  1. 152 Guyana 0.0063 constant 2022 US$ per US$ of GDP compare
  2. 153 Kazakhstan 0.0063 constant 2022 US$ per US$ of GDP compare
  3. 154 Nicaragua 0.0062 constant 2022 US$ per US$ of GDP compare
  4. 156 Comoros 0.0055 constant 2022 US$ per US$ of GDP compare
  5. 157 Malta 0.0052 constant 2022 US$ per US$ of GDP compare
  6. 158 Djibouti 0.0051 constant 2022 US$ per US$ of GDP compare

See the full ranking of 170 places →

More reference data data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is military spending, per unit of gdp in Cape Verde?
Military spending, per unit of gdp in Cape Verde was 0.0058 constant 2022 US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest military spending, per unit of gdp recorded in Cape Verde?
The highest recorded value was 0.0904 constant 2022 US$ per US$ of GDP in 1981.
What is the lowest military spending, per unit of gdp recorded in Cape Verde?
The lowest recorded value was 0.0053 constant 2022 US$ per US$ of GDP in 2011.
How does Cape Verde rank for military spending, per unit of gdp?
Cape Verde ranks 155th out of 170 countries with data for 2023.
Is military spending, per unit of gdp rising or falling in Cape Verde?
Over the last ten years it is up 1.0%. The long-run trend across the full record is volatile.
Where does this Cape Verde data come from?
The figures come from Statizoid (derived), published as part of Military spending, per unit of GDP. Statizoid updates them automatically from the source API.

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Military spending, per unit of GDP in Cape Verde. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp-2/cabo-verde/

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How this figure is calculated

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military spending ÷ GDP (current US$)

Computed from

  • Military spending Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
  • GDP Country official statistics, National Statistical Organizations and/or Central Banks

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, per unit of GDP
Unit
constant 2022 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 9,064 data points, 1960–2023
Last refreshed

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.