Cabo Verde: Military expenditure (% of GDP)
In , Cabo Verde's Military expenditure (% of GDP) was 0.62.
That's up 10.1% from 2023, the highest value since .
The global average for this indicator in 2024 was 2.20 . Cabo Verde ranks #132 globally out of 147 reporting countries. Within Sub-Saharan Africa, it ranks #37 of 43.
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS) • Data as of 2024
Trend (2005–2024)
Highlights
- Peak
- 0.65
- Trough
- 0.43
- 1-year change
- +10.1%
- 5-year change
- +44.5%
- +7.6% / yr
- 10-year change
- +26.7%
- +2.4% / yr
Historical Data — Last 10 Years
| Year | Military expenditure (% of GDP) |
|---|---|
| 0.6239 | |
| 0.5665 | |
| 0.4561 | |
| 0.5467 | |
| 0.6188 | |
| 0.4319 | |
| 0.4859 | |
| 0.4705 | |
| 0.5500 | |
| 0.5101 |
About Military expenditure (% of GDP)
Military expenditure by country as percentage of gross domestic product
Indicator code: MS.MIL.XPND.GD.ZS • Category: Public Sector
Frequently asked questions
- What was Cabo Verde's Military expenditure (% of GDP) in 2024?
- In 2024, Cabo Verde's Military expenditure (% of GDP) was 0.62, according to World Bank Open Data.
- Is Cabo Verde's Military expenditure (% of GDP) rising or falling?
- Cabo Verde's Military expenditure (% of GDP) rose 10.1% from 2023 to 2024.
- How does Cabo Verde rank globally on Military expenditure (% of GDP)?
- In 2024, Cabo Verde ranked #132 out of 147 countries reporting Military expenditure (% of GDP).
- How does Cabo Verde's Military expenditure (% of GDP) compare to the world average?
- The global average for Military expenditure (% of GDP) in 2024 was 2.20, so Cabo Verde is below the world average. Within Sub-Saharan Africa, it ranks #37 of 43.
- What is Military expenditure (% of GDP) and how is it measured?
- Military expenditure by country as percentage of gross domestic product
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS), CC BY 4.0.