Military Expenditure in Cape Verde decreased to 10.10 USD Million in 2019 from 10.70 USD Million in 2018. source: SIPRI

Military Expenditure in Cape Verde averaged 8.65 USD Million from 1984 until 2019, reaching an all time high of 12.10 USD Million in 2000 and a record low of 4.50 USD Million in 1993. Cape Verde Military Expenditure - values, historical data and charts - was last updated on May 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.

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Cape Verde Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
10.10 10.70 12.10 4.50 1984 - 2019 USD Million Yearly
constant 2018 prices

Cape Verde Government Last Previous Highest Lowest Unit
Government Debt to GDP 124.70 124.90 127.70 57.17 percent [+]
Government Budget -8.90 -1.80 6.30 -10.50 percent of GDP [+]
Credit Rating 27.00 [+]
Military Expenditure 10.10 10.70 12.10 4.50 USD Million [+]
Government Revenues 43751.00 30496.00 57389.00 3861.83 CVE Millions [+]
Government Spending 7067.00 7040.00 7964.00 4809.66 CVE Million [+]