Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31
Cabo Verde's military expenditure stands at 0.6239% as of 2024-12-31, up from 0.5665% in 2023. Historical data runs from 1984 to 2024 (38 observations).
In 2024, Cabo Verde's military expenditure was 0.6239%, up from 0.5665% in 2023.
In 2023, Cabo Verde's military expenditure was 0.5665%, up from 0.4561% in 2022.
In 2022, Cabo Verde's military expenditure was 0.4561%, down from 0.5467% in 2021.
In 2021, Cabo Verde's military expenditure was 0.5467%, down from 0.6188% in 2020.
In 2020, Cabo Verde's military expenditure was 0.6188%, up from 0.4319% in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 0.6239% | +0.0574% |
| 2023 | 0.5665% | +0.1104% |
| 2022 | 0.4561% | -0.0906% |
| 2021 | 0.5467% | -0.0722% |
| 2020 | 0.6188% | +0.187% |
| 2019 | 0.4319% | -0.054% |
| 2018 | 0.4859% | +0.0154% |
| 2017 | 0.4705% | -0.0795% |
| 2016 | 0.55% | +0.04% |
| 2015 | 0.5101% | +0.0175% |
| 2014 | 0.4926% | +0.0089% |
| 2013 | 0.4837% | -0.0223% |
| 2012 | 0.506% | +0.029% |
| 2011 | 0.477% | +0.0256% |
| 2010 | 0.4514% | +0.0015% |
| 2009 | 0.4499% | -0.0987% |
| 2008 | 0.5486% | +0.0673% |
| 2007 | 0.4813% | -0.0835% |
| 2006 | 0.5647% | -0.0848% |
| 2005 | 0.6495% | +0.0185% |
| 2004 | 0.631% | -0.0178% |
| 2003 | 0.6488% | -0.0167% |
| 2002 | 0.6655% | -0.0881% |
| 2001 | 0.7536% | -0.4004% |
| 2000 | 1.15% | +0.3155% |
| 1999 | 0.8385% | -0.02% |
| 1998 | 0.8585% | +0.0275% |
| 1997 | 0.831% | -0.0132% |
| 1996 | 0.8442% | -0.4209% |
| 1995 | 1.27% | +0.4262% |
| 1994 | 0.8389% | +0.0823% |
| 1993 | 0.7566% | -0.236% |
| 1992 | 0.9926% | -0.9213% |
| 1988 | 1.91% | -0.1898% |
| 1987 | 2.1% | -0.2319% |
| 1986 | 2.34% | -0.1279% |
| 1985 | 2.46% | -0.329% |
| 1984 | 2.79% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Cabo Verde's military expenditure is 0.6239% as of 2024-12-31, compared with 0.5665% in 2023. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 2.79% (1984); the lowest is 0.4319% (2019), across data from 1984 to 2024.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.