Military Expenditure in Cape Verde decreased to 11.20 USD Million in 2021 from 11.30 USD Million in 2020. source: SIPRI

Military Expenditure in Cape Verde averaged 6.97 USD Million from 1984 until 2021, reaching an all time high of 11.30 USD Million in 2020 and a record low of 2.70 USD Million in 1993. Cape Verde Military Expenditure - values, historical data and charts - was last updated on November of 2022.

Military Expenditure in Cape Verde is expected to reach 8.99 USD Million by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cape Verde Military Expenditure is projected to trend around 8.97 USD Million in 2023, according to our econometric models.

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Cape Verde Military Expenditure

Related Last Previous Unit Reference
Military Expenditure 11.20 11.30 USD Million Dec 2021