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Military expenditure (% of GDP) — all countries

Military expenditure (% of GDP) — Cabo Verde

Military expenditure (% of GDP) in Cabo Verde in 2024 — 0.62%. Ranked 132 in the world out of 147. Since 1984, the indicator has fallen by 2.17 pp.

2024 0.62% +0.06 pp vs 2023
World rank 132of 147
Period maximum 2.79%1984
Period minimum 0.43%2019

Trend over time

1984–2024 · % of GDP

Military expenditure (% of GDP) — Cabo Verde, 1984–20240123198419881992199620002004200820122016202020241984: 2.79%1985: 2.46%1986: 2.34%1987: 2.1%1988: 1.91%1992: 0.99%1993: 0.76%1994: 0.84%1995: 1.27%1996: 0.84%1997: 0.83%1998: 0.86%1999: 0.84%2000: 1.15%2001: 0.75%2002: 0.67%2003: 0.65%2004: 0.63%2005: 0.65%2006: 0.56%2007: 0.48%2008: 0.55%2009: 0.45%2010: 0.45%2011: 0.48%2012: 0.51%2013: 0.48%2014: 0.49%2015: 0.51%2016: 0.55%2017: 0.47%2018: 0.49%2019: 0.43%2020: 0.62%2021: 0.55%2022: 0.46%2023: 0.57%2024: 0.62%
Change over the period: −2.17 pp Annual average: -0.05 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Cabo Verde

Cabo Verde 0.62%
World 2.47%
Sub-Saharan Africa 1.05%
Western Africa computed 1.11%
Lower-middle-income countries computed 2.71%
Military expenditure (% of GDP) — Cabo Verde, by year Cabo Verde All countries CSV XLSX
Year % Change, pp
2024 0.62 +0.06 pp
2023 0.57 +0.11 pp
2022 0.46 −0.09 pp
2021 0.55 −0.07 pp
2020 0.62 +0.19 pp
2019 0.43 −0.05 pp
2018 0.49 +0.02 pp
2017 0.47 −0.08 pp
2016 0.55 +0.04 pp
2015 0.51 +0.02 pp
2014 0.49 +0.01 pp
2013 0.48 −0.02 pp
2012 0.51 +0.03 pp
2011 0.48 +0.03 pp
2010 0.45 +0 pp
2009 0.45 −0.1 pp
2008 0.55 +0.07 pp
2007 0.48 −0.08 pp
2006 0.56 −0.08 pp
2005 0.65 +0.02 pp
2004 0.63 −0.02 pp
2003 0.65 −0.02 pp
2002 0.67 −0.09 pp
2001 0.75 −0.4 pp
2000 1.15 +0.32 pp
1999 0.84 −0.02 pp
1998 0.86 +0.03 pp
1997 0.83 −0.01 pp
1996 0.84 −0.42 pp
1995 1.27 +0.43 pp
1994 0.84 +0.08 pp
1993 0.76 −0.24 pp
1992 0.99 —
1988 1.91 −0.19 pp
1987 2.1 −0.23 pp
1986 2.34 −0.13 pp
1985 2.46 −0.33 pp
1984 2.79 —

Western Africa, 2024

The same indicator for neighboring countries — with links to their pages

BF Burkina Faso 4.68 ML Mali 4.2 NE Niger 2.24 MR Mauritania 2.16 GN Guinea 2.05 TG Togo 2 SN Senegal 1.57 CI Côte d'Ivoire 0.76 BJ Benin 0.72 LR Liberia 0.71 CV Cabo Verde 0.62 GM Gambia 0.57 NG Nigeria 0.56 SL Sierra Leone 0.46 GH Ghana 0.38
Full table for all countries

About the indicator

Military expenditure as a percent of GDP under the SIPRI definition: current and capital spending on the armed forces, including peacekeeping forces, defense ministries, paramilitary forces, military R&D, pensions of military personnel and military aid. The NATO benchmark for member states is at least 2% of GDP.

Source: Military Expenditure Database (SIPRI), license SIPRI terms of use.

Other indicators for Cabo Verde

Defense Military expenditure in dollars

The absolute volume of defense spending in current US dollars.

Cabo Verde by year Defense Military expenditure share of the budget

What part of government spending goes to defense.

Cabo Verde by year Defense Armed forces personnel

The number of active-duty military personnel and paramilitary forces.

Cabo Verde by year Economy Government consumption (% of GDP)

The share of GDP taken by government final consumption spending.

Cabo Verde by year
All indicators for Cabo Verde