Military Expenditure in Cape Verde increased to 11 USD Million in 2020 from 9.70 USD Million in 2019. source: SIPRI
Military Expenditure in Cape Verde averaged 8.38 USD Million from 1984 until 2020, reaching an all time high of 11.60 USD Million in 2000 and a record low of 4.30 USD Million in 1993. Cape Verde Military Expenditure - values, historical data and charts - was last updated on July of 2021.
Military Expenditure in Cape Verde is expected to reach 8.99 USD Million by the end of 2021, 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 2022, according to our econometric models.