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Cabo Verde Military Spending

Military expenditure as % of GDP  MS.MIL.XPND.GD.ZS

Cabo Verde's military spending was 0.57% in 2025, ranked 137th globally. This represents a 8.4% decrease from 2024. Data from World Bank, covering 1984–2025.

0.57% −0.05% (-8.4%)
Year 2025 Rank #137 Global Peak 2.79% (1984) Source World Bank

Cabo Verde Military Spending (1984–2025)

Overview

Cabo Verde's military spending stood at 0.57% in 2025, a decline of +0.05% from 2024. Based on recent trends, this figure is projected to reach 0.57% by 2025. Cabo Verde ranked 137th globally.

Cabo Verde's military spending has experienced significant fluctuations over the past three decades, with the country's all-time peak of 2.79% of GDP occurring in 1984, a time when the nation was still a Portuguese colony. Conversely, the trough of 0.43% in 2019 marked a notable low point, with the country's military spending accounting for a minimal fraction of its GDP. In recent years, Cabo Verde's military spending has stabilized, with the latest available figure standing at 0.57% in 2025, ranking the country 137th globally. This trajectory is comparable to that of Egypt, which has a similar military spending ratio. The country's relatively stable military spending ratio may be attributed to its strategic location in the Atlantic and its efforts to maintain regional security. However, a significant increase in global security threats or a shift in regional dynamics could potentially alter this trajectory, leading to an uptick in Cabo Verde's military spending.

Data & projection

Year Military Spending YoY change Rank
2027* trend 0.58% - -
2026* trend 0.57% - -
2025* trend 0.57% - -
2025 0.57% −0.05% #137
2024 0.62% +0.06% #16
2023 0.57% +0.11% #12
2022 0.46% −0.09% #8
2021 0.55% −0.07% #11
2020 0.62% +0.19% #13
2019 0.43% −0.05% #10
2018 0.49% +0.02% #12
2017 0.47% −0.08% #12
2016 0.55% +0.04% #15
2015 0.51% +0.02% #14
2014 0.49% +0.01% #12
2013 0.48% −0.02% #11
2012 0.51% +0.03% #8
2011 0.48% +0.03% #10
Show all years (1984-2025)
* Linear trend extrapolation

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 9.6% GDP growth 1.4% Unemployment 13.5%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Cabo Verde matched the Stagflation Risk pattern in 1991. Historically, 38% of countries showing this pattern (117 out of 307) saw military spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Cabo Verde's military spending?▾

Cabo Verde's military spending was 0.57% in 2025. Ranked 137th globally. This represents a 8.4% decrease from the previous year.

What was the highest military spending in Cabo Verde?▾

Cabo Verde's military spending peaked at 2.79% in 1984.

What was the lowest military spending in Cabo Verde?▾

The lowest military spending in Cabo Verde was 0.43% in 2019.

How does Cabo Verde rank in military spending?▾

Cabo Verde ranks 137th globally in military spending as of 2025.

What is the World Bank indicator code for military spending?▾

The World Bank indicator code is MS.MIL.XPND.GD.ZS. Data sourced from World Bank.

What is the projected military spending of Cabo Verde in 2025?▾

Cabo Verde's military spending is projected to reach 0.57% by 2025 based on trend extrapolation.

What is the military spending of Cabo Verde in 2025?▾

The military spending of Cabo Verde in 2025 was 0.57%. This ranks 137th in the world.

Cite this page

APA
Cabo Verde Military Spending. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/cabo-verde/military-spending/
BibTeX
@misc{historysaid_cabo-verde_military-spending, title = {Cabo Verde Military Spending}, url = {https://historysaid.com/cabo-verde/military-spending/}, publisher = {HistorySaid}, year = {2026} }
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