Military spending in Cape Verde
Cape Verde: Military spending was 18.97 million constant 2024 US$ in 2025. ▲ Rising
Latest (2025)
18.97 million constant 2024 US$
Change on year
up 12.7%
World rank
157th
of 162 countries
All-time high
18.97 million constant 2024 US$
in 2025
All-time low
4.82 million constant 2024 US$
in 1993
Years of data
39
1984–2025
Military spending in Cape Verde, 1984–2025
Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.
Analysis
The most recent figure for military spending in Cape Verde is 18.97 million constant 2024 US$, measured in 2025. That is the highest value across all 39 years on record.
That represents a change of up 12.7% on the previous year and up 84.8% over ten years.
Over the whole period, military spending in Cape Verde peaked at 18.97 million constant 2024 US$ in 2025 and was at its lowest, 4.82 million constant 2024 US$, in 1993.
That places Cape Verde 157th out of 162 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 39 years of available data.
Military spending in Cape Verde, year by year
| Year | constant 2024 US$ | Change |
|---|---|---|
| 1984 | 11.96 million constant 2024 US$ | — |
| 1985 | 11.28 million constant 2024 US$ | -5.7% |
| 1986 | 11.68 million constant 2024 US$ | +3.5% |
| 1987 | 11.34 million constant 2024 US$ | -2.9% |
| 1988 | 11.08 million constant 2024 US$ | -2.3% |
| 1992 | 5.60 million constant 2024 US$ | -49.4% |
| 1993 | 4.82 million constant 2024 US$ | -14.1% |
| 1994 | 5.95 million constant 2024 US$ | +23.5% |
| 1995 | 9.31 million constant 2024 US$ | +56.7% |
| 1996 | 6.49 million constant 2024 US$ | -30.4% |
| 1997 | 6.48 million constant 2024 US$ | -0.0% |
| 1998 | 7.20 million constant 2024 US$ | +11.1% |
| 1999 | 8.07 million constant 2024 US$ | +12.0% |
| 2000 | 13.01 million constant 2024 US$ | +61.1% |
| 2001 | 8.84 million constant 2024 US$ | -32.1% |
| 2002 | 8.04 million constant 2024 US$ | -9.0% |
| 2003 | 8.47 million constant 2024 US$ | +5.4% |
| 2004 | 8.76 million constant 2024 US$ | +3.4% |
| 2005 | 9.56 million constant 2024 US$ | +9.1% |
| 2006 | 8.87 million constant 2024 US$ | -7.2% |
| 2007 | 8.85 million constant 2024 US$ | -0.2% |
| 2008 | 10.49 million constant 2024 US$ | +18.5% |
| 2009 | 8.56 million constant 2024 US$ | -18.5% |
| 2010 | 8.62 million constant 2024 US$ | +0.8% |
| 2011 | 9.31 million constant 2024 US$ | +8.0% |
| 2012 | 9.80 million constant 2024 US$ | +5.3% |
| 2013 | 9.42 million constant 2024 US$ | -3.9% |
| 2014 | 9.68 million constant 2024 US$ | +2.7% |
| 2015 | 10.26 million constant 2024 US$ | +6.1% |
| 2016 | 11.90 million constant 2024 US$ | +16.0% |
| 2017 | 10.70 million constant 2024 US$ | -10.1% |
| 2018 | 11.51 million constant 2024 US$ | +7.6% |
| 2019 | 10.90 million constant 2024 US$ | -5.3% |
| 2020 | 12.34 million constant 2024 US$ | +13.2% |
| 2021 | 11.61 million constant 2024 US$ | -5.9% |
| 2022 | 11.05 million constant 2024 US$ | -4.8% |
| 2023 | 14.48 million constant 2024 US$ | +31.1% |
| 2024 | 16.83 million constant 2024 US$ | +16.2% |
| 2025 | 18.97 million constant 2024 US$ | +12.7% |
Cape Verde compared with similar countries
- Cape Verde's 18.97 million constant 2024 US$ is below the median for upper middle income countries, which is 1.62 billion constant 2024 US$, 1% of the median. (46 countries reporting)
- Cape Verde's 18.97 million constant 2024 US$ is below the median for Sub-Saharan Africa, which is 336.91 million constant 2024 US$, 6% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 11.47 million constant 2024 US$ | 11.08 million constant 2024 US$ | 11.96 million constant 2024 US$ | 5 |
| 1990s | 6.74 million constant 2024 US$ | 4.82 million constant 2024 US$ | 9.31 million constant 2024 US$ | 8 |
| 2000s | 9.34 million constant 2024 US$ | 8.04 million constant 2024 US$ | 13.01 million constant 2024 US$ | 10 |
| 2010s | 10.21 million constant 2024 US$ | 8.62 million constant 2024 US$ | 11.90 million constant 2024 US$ | 10 |
| 2020s | 14.21 million constant 2024 US$ | 11.05 million constant 2024 US$ | 18.97 million constant 2024 US$ | 6 |
Countries ranked near Cape Verde
- 154 Mauritius 22.63 million constant 2024 US$ compare
- 155 Laos 21.81 million constant 2024 US$ compare
- 156 Guinea-Bissau 21.02 million constant 2024 US$ compare
- 158 Gambia 14.65 million constant 2024 US$ compare
- 159 Afghanistan 8.55 million constant 2024 US$
- 160 Costa Rica 0 constant 2024 US$
- 160 Iceland 0 constant 2024 US$
- 160 Panama 0 constant 2024 US$ compare
More reference data data for Cape Verde
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0737 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0737 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.001 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0284 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0443 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Crop Residues 1.45 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Agricultural Soils 73.95 (2050)
- Emission Totals - Direct emissions (N2O) - Agricultural Soils 0.2054 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Burning - Crop residues 3.34 (2050)
- Emission Totals - Direct emissions (N2O) - Manure left on Pasture 0.0967 (2050)
Frequently asked questions
- What is military spending in Cape Verde?
- Military spending in Cape Verde was 18.97 million constant 2024 US$ in 2025, according to Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data.
- What is the highest military spending recorded in Cape Verde?
- The highest recorded value was 18.97 million constant 2024 US$ in 2025.
- What is the lowest military spending recorded in Cape Verde?
- The lowest recorded value was 4.82 million constant 2024 US$ in 1993.
- How does Cape Verde rank for military spending?
- Cape Verde ranks 157th out of 162 countries with data for 2025.
- Is military spending rising or falling in Cape Verde?
- Over the last ten years it is up 84.8%. 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) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 39 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
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.