Military spending, per unit of GDP in Cape Verde

Cape Verde: Military spending, per unit of GDP was 0.0062 constant 2024 US$ per US$ of GDP in 2025. ◆ Volatile

Latest (2025)
0.0062 constant 2024 US$ per US$ of GDP
Change on year
up 0.1%
World rank
139th
of 160 countries
All-time high
0.0906 constant 2024 US$ per US$ of GDP
in 1984
All-time low
0.0045 constant 2024 US$ per US$ of GDP
in 2011
Years of data
39
1984–2025

Military spending, per unit of GDP in Cape Verde, 1984–2025

00.020.040.060.080.11984200420251984: 0.091 constant 2024 US$ per US$ of GDP1985: 0.082 constant 2024 US$ per US$ of GDP1986: 0.061 constant 2024 US$ per US$ of GDP1987: 0.048 constant 2024 US$ per US$ of GDP1988: 0.042 constant 2024 US$ per US$ of GDP1992: 0.016 constant 2024 US$ per US$ of GDP1993: 0.01 constant 2024 US$ per US$ of GDP1994: 0.015 constant 2024 US$ per US$ of GDP1995: 0.019 constant 2024 US$ per US$ of GDP1996: 0.013 constant 2024 US$ per US$ of GDP1997: 0.013 constant 2024 US$ per US$ of GDP1998: 0.014 constant 2024 US$ per US$ of GDP1999: 0.014 constant 2024 US$ per US$ of GDP2000: 0.024 constant 2024 US$ per US$ of GDP2001: 0.016 constant 2024 US$ per US$ of GDP2002: 0.013 constant 2024 US$ per US$ of GDP2003: 0.01 constant 2024 US$ per US$ of GDP2004: 0.009 constant 2024 US$ per US$ of GDP2005: 0.01 constant 2024 US$ per US$ of GDP2006: 0.008 constant 2024 US$ per US$ of GDP2007: 0.005 constant 2024 US$ per US$ of GDP2008: 0.005 constant 2024 US$ per US$ of GDP2009: 0.005 constant 2024 US$ per US$ of GDP2010: 0.005 constant 2024 US$ per US$ of GDP2011: 0.005 constant 2024 US$ per US$ of GDP2012: 0.005 constant 2024 US$ per US$ of GDP2013: 0.005 constant 2024 US$ per US$ of GDP2014: 0.005 constant 2024 US$ per US$ of GDP2015: 0.006 constant 2024 US$ per US$ of GDP2016: 0.006 constant 2024 US$ per US$ of GDP2017: 0.005 constant 2024 US$ per US$ of GDP2018: 0.005 constant 2024 US$ per US$ of GDP2019: 0.005 constant 2024 US$ per US$ of GDP2020: 0.007 constant 2024 US$ per US$ of GDP2021: 0.006 constant 2024 US$ per US$ of GDP2022: 0.005 constant 2024 US$ per US$ of GDP2023: 0.006 constant 2024 US$ per US$ of GDP2024: 0.006 constant 2024 US$ per US$ of GDP2025: 0.006 constant 2024 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2024 US$ per US$ of GDP.

Analysis

The most recent figure for military spending, per unit of gdp in Cape Verde is 0.0062 constant 2024 US$ per US$ of GDP, measured in 2025.

Compared with earlier readings it is up 0.1% on the previous year and up 5.8% over ten years.

Over the whole period, military spending, per unit of gdp in Cape Verde peaked at 0.0906 constant 2024 US$ per US$ of GDP in 1984 and was at its lowest, 0.0045 constant 2024 US$ per US$ of GDP, in 2011.

That places Cape Verde 139th out of 160 countries with data for 2025, 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

Annual values for Military spending, per unit of GDP in Cape Verde, 1984 to 2025.
Year constant 2024 US$ per US$ of GDP Change
1984 0.0906 constant 2024 US$ per US$ of GDP
1985 0.0819 constant 2024 US$ per US$ of GDP -9.6%
1986 0.0612 constant 2024 US$ per US$ of GDP -25.2%
1987 0.0482 constant 2024 US$ per US$ of GDP -21.3%
1988 0.0419 constant 2024 US$ per US$ of GDP -13.1%
1992 0.0157 constant 2024 US$ per US$ of GDP -62.6%
1993 0.0098 constant 2024 US$ per US$ of GDP -37.4%
1994 0.0146 constant 2024 US$ per US$ of GDP +48.9%
1995 0.0191 constant 2024 US$ per US$ of GDP +30.8%
1996 0.0129 constant 2024 US$ per US$ of GDP -32.4%
1997 0.0132 constant 2024 US$ per US$ of GDP +2.3%
1998 0.0138 constant 2024 US$ per US$ of GDP +4.4%
1999 0.0136 constant 2024 US$ per US$ of GDP -1.3%
2000 0.0241 constant 2024 US$ per US$ of GDP +77.0%
2001 0.0157 constant 2024 US$ per US$ of GDP -34.9%
2002 0.013 constant 2024 US$ per US$ of GDP -17.5%
2003 0.0104 constant 2024 US$ per US$ of GDP -19.6%
2004 0.0095 constant 2024 US$ per US$ of GDP -9.1%
2005 0.0098 constant 2024 US$ per US$ of GDP +3.8%
2006 0.008 constant 2024 US$ per US$ of GDP -18.5%
2007 0.0054 constant 2024 US$ per US$ of GDP -33.0%
2008 0.0054 constant 2024 US$ per US$ of GDP -0.2%
2009 0.0046 constant 2024 US$ per US$ of GDP -13.7%
2010 0.0047 constant 2024 US$ per US$ of GDP +2.3%
2011 0.0045 constant 2024 US$ per US$ of GDP -3.7%
2012 0.0051 constant 2024 US$ per US$ of GDP +12.6%
2013 0.0046 constant 2024 US$ per US$ of GDP -9.4%
2014 0.0047 constant 2024 US$ per US$ of GDP +2.0%
2015 0.0059 constant 2024 US$ per US$ of GDP +23.8%
2016 0.0064 constant 2024 US$ per US$ of GDP +9.7%
2017 0.0054 constant 2024 US$ per US$ of GDP -16.7%
2018 0.0052 constant 2024 US$ per US$ of GDP -2.6%
2019 0.0048 constant 2024 US$ per US$ of GDP -7.3%
2020 0.0068 constant 2024 US$ per US$ of GDP +40.0%
2021 0.0057 constant 2024 US$ per US$ of GDP -16.5%
2022 0.0049 constant 2024 US$ per US$ of GDP -13.0%
2023 0.0058 constant 2024 US$ per US$ of GDP +17.6%
2024 0.0062 constant 2024 US$ per US$ of GDP +7.2%
2025 0.0062 constant 2024 US$ per US$ of GDP +0.1%

Cape Verde compared with similar countries

  • Cape Verde's 0.0062 constant 2024 US$ per US$ of GDP is below the median for upper middle income countries, which is 0.0132 constant 2024 US$ per US$ of GDP, 47% of the median. (46 countries reporting)
  • Cape Verde's 0.0062 constant 2024 US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.0119 constant 2024 US$ per US$ of GDP, 52% of the median. (45 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.0648 constant 2024 US$ per US$ of GDP 0.0419 constant 2024 US$ per US$ of GDP 0.0906 constant 2024 US$ per US$ of GDP 5
1990s 0.0141 constant 2024 US$ per US$ of GDP 0.0098 constant 2024 US$ per US$ of GDP 0.0191 constant 2024 US$ per US$ of GDP 8
2000s 0.0106 constant 2024 US$ per US$ of GDP 0.0046 constant 2024 US$ per US$ of GDP 0.0241 constant 2024 US$ per US$ of GDP 10
2010s 0.0052 constant 2024 US$ per US$ of GDP 0.0045 constant 2024 US$ per US$ of GDP 0.0064 constant 2024 US$ per US$ of GDP 10
2020s 0.0059 constant 2024 US$ per US$ of GDP 0.0049 constant 2024 US$ per US$ of GDP 0.0068 constant 2024 US$ per US$ of GDP 6

Countries ranked near Cape Verde

  1. 136 Switzerland 0.0069 constant 2024 US$ per US$ of GDP compare
  2. 137 Bosnia and Herzegovina 0.0065 constant 2024 US$ per US$ of GDP compare
  3. 138 Ethiopia 0.0062 constant 2024 US$ per US$ of GDP compare
  4. 140 Egypt 0.0062 constant 2024 US$ per US$ of GDP compare
  5. 141 Nigeria 0.006 constant 2024 US$ per US$ of GDP compare
  6. 142 Gambia 0.0056 constant 2024 US$ per US$ of GDP 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 unit of gdp in Cape Verde?
Military spending, per unit of gdp in Cape Verde was 0.0062 constant 2024 US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest military spending, per unit of gdp recorded in Cape Verde?
The highest recorded value was 0.0906 constant 2024 US$ per US$ of GDP in 1984.
What is the lowest military spending, per unit of gdp recorded in Cape Verde?
The lowest recorded value was 0.0045 constant 2024 US$ per US$ of GDP in 2011.
How does Cape Verde rank for military spending, per unit of gdp?
Cape Verde ranks 139th out of 160 countries with data for 2025.
Is military spending, per unit of gdp rising or falling in Cape Verde?
Over the last ten years it is up 5.8%. 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/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

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 2024 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
160 places, 7,842 data points, 1960–2025
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.