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Cabo Verde - Military Spending 2022

Name: Cabo Verde Military Spending 2022
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Military expenditure as % of GDP · World Bank

0.46% −0.09% from 2021 Global rank: 8th

Cabo Verde's military spending was 0.46% in 2022, decreased +0.09% from 0.55% in 2021. This was the 8th highest globally.

Global Ranking - 2022▾

Military Spending by Country - 2022
Rank	Country	Value	YoY
1st	Haiti	0.07%	-55.3%
2nd	Mauritius	0.14%	-19.1%
3rd	Ireland	0.21%	-11.0%
4th	Ghana	0.34%	-11.7%
5th	Moldova	0.36%	-2.8%
6th	Malta	0.41%	-7.7%
7th	Papua New Guinea	0.42%	27.7%
8th	Cabo Verde	0.46%	-16.6%
9th	Guatemala	0.46%	18.2%
10th	Mongolia	0.51%	-17.0%
11th	Kazakhstan	0.52%	-36.8%
12th	Nicaragua	0.54%	-2.3%
13th	Congo, Democratic Republic of	0.57%	6.5%
14th	Sierra Leone	0.58%	-3.0%
15th	Guyana	0.60%	-37.0%
16th	Luxembourg	0.63%	32.7%
17th	Benin	0.63%	14.7%
18th	Nigeria	0.65%	-35.8%
19th	Madagascar	0.65%	-3.8%
20th	Dominican Republic	0.68%	4.9%
21st	Switzerland	0.68%	1.4%
22nd	Argentina	0.68%	8.4%
23rd	Mexico	0.69%	4.0%
24th	Gambia, The	0.71%	-8.9%
25th	Bosnia and Herzegovina	0.75%	-15.1%
26th	Trinidad and Tobago	0.77%	-10.9%
27th	Austria	0.77%	-12.2%
28th	Indonesia	0.77%	3.6%
29th	South Africa	0.80%	-0.9%
30th	Côte d'Ivoire	0.87%	-1.3%
31st	Paraguay	0.87%	-5.1%
32nd	Malaysia	0.90%	-8.2%
33rd	Malawi	0.93%	27.8%
34th	Cameroon	0.94%	-4.7%
35th	Bolivia, Plurinational State of	0.97%	-26.6%
36th	Belize	0.98%	-10.8%
37th	Bangladesh	0.99%	-15.2%
38th	Zimbabwe	0.99%	-36.5%
39th	Japan	1.01%	-5.1%
40th	Kenya	1.01%	-6.2%
41st	Egypt, Arab Republic of	1.01%	-9.6%
42nd	Brazil	1.05%	-8.4%
43rd	Zambia	1.12%	13.7%
44th	Peru	1.14%	-2.5%
45th	Seychelles	1.14%	-53.7%
46th	Kosovo	1.15%	36.0%
47th	Nepal	1.16%	-4.8%
48th	Belgium	1.16%	11.5%
49th	Somalia, Fed. Rep.	1.16%	-0.7%
50th	Canada	1.17%	-6.9%
51st	New Zealand	1.17%	0.5%
52nd	Tanzania	1.19%	6.1%
53rd	Albania	1.21%	-2.8%
54th	Thailand	1.24%	-12.5%
55th	Jamaica	1.29%	-12.1%
56th	Slovenia	1.30%	4.5%
57th	Equatorial Guinea	1.30%	-3.1%
58th	Netherlands	1.30%	-4.5%
59th	Liberia	1.31%	55.1%
60th	Philippines	1.32%	-6.4%
61st	Czechia	1.33%	-1.9%
62nd	Sweden	1.33%	11.9%
63rd	Rwanda	1.33%	-11.8%
64th	Sri Lanka	1.34%	-21.6%
65th	Germany	1.35%	3.9%
66th	Gabon	1.36%	-15.2%
67th	Fiji	1.36%	-14.7%
68th	Denmark	1.36%	5.4%
69th	Timor-Leste	1.38%	27.6%
70th	Portugal	1.39%	-8.3%
71st	Lebanon	1.40%	-13.3%
72nd	Guinea-Bissau	1.40%	-4.3%
73rd	Spain	1.41%	5.1%
74th	Angola	1.41%	1.2%
75th	El Salvador	1.43%	18.4%
76th	Norway	1.46%	-12.6%
77th	Honduras	1.47%	-2.2%
78th	Lesotho	1.47%	-4.1%
79th	Senegal	1.52%	-13.2%
80th	European Union	1.52%	1.7%
81st	Chile	1.54%	-6.5%
82nd	Cambodia	1.54%	-9.4%
83rd	Niger	1.57%	15.9%
84th	Montenegro	1.57%	1.1%
85th	South Sudan	1.57%	4.2%
86th	North Macedonia	1.58%	8.7%
87th	Bulgaria	1.59%	5.1%
88th	Finland	1.59%	22.0%
89th	Georgia	1.61%	1.0%
90th	China	1.63%	1.6%
91st	Iraq	1.64%	-27.5%
92nd	Belarus	1.65%	20.8%
93rd	Italy	1.65%	-0.7%
94th	Eswatini	1.65%	-1.4%
95th	Türkiye	1.66%	-10.8%
96th	Central African Republic	1.71%	-20.4%
97th	Cyprus	1.72%	-3.5%
98th	Romania	1.75%	-5.3%
99th	Slovak Republic	1.80%	5.2%
100th	Croatia	1.80%	-8.6%
101st	Hungary	1.83%	39.4%
102nd	Uganda	1.85%	-21.1%
103rd	Australia	1.88%	-4.8%
104th	Congo, Republic of	1.91%	-18.5%
105th	Tajikistan	1.93%	92.6%
106th	France	1.96%	-1.1%
107th	Uruguay	2.04%	-9.7%
108th	Chad	2.04%	-1.7%
109th	United Kingdom	2.06%	-0.7%
110th	Mauritania	2.06%	-10.2%
111th	Iran, Islamic Republic of	2.11%	-5.1%
112th	Estonia	2.13%	6.1%
113th	Serbia	2.17%	-20.4%
114th	Guinea	2.19%	41.5%
115th	Poland	2.20%	-0.6%
116th	Mozambique	2.21%	15.5%
117th	Ecuador	2.22%	-1.1%
118th	Latvia	2.25%	4.6%
119th	India	2.38%	-3.5%
120th	Singapore	2.41%	-5.2%
121st	Lithuania	2.44%	25.4%
122nd	Botswana	2.52%	-17.3%
123rd	Tunisia	2.57%	-2.2%
124th	Korea	2.58%	-1.6%
125th	Burundi	2.60%	27.2%
126th	Brunei Darussalam	2.61%	-19.3%
127th	Colombia	2.80%	-12.4%
128th	Kyrgyz Republic	2.90%	2.3%
129th	Namibia	2.91%	-9.8%
130th	Burkina Faso	2.98%	27.8%
131st	Mali	3.09%	-8.6%
132nd	Pakistan	3.18%	-6.3%
133rd	United States	3.31%	-2.8%
134th	Bahrain	3.42%	-2.7%
135th	Azerbaijan	3.80%	-23.0%
136th	Morocco	3.81%	1.7%
137th	Greece	4.00%	5.2%
138th	Algeria	4.06%	-17.0%
139th	Armenia	4.08%	-8.6%
140th	Togo	4.14%	73.6%
141st	Myanmar	4.17%	2.4%
142nd	Libya	4.35%	-71.9%
143rd	Israel	4.43%	-10.2%
144th	Kuwait	4.51%	-29.0%
145th	Russian Federation	4.61%	28.8%
146th	Jordan	4.80%	2.1%
147th	Oman	5.26%	-20.5%
148th	Saudi Arabia	6.40%	-11.5%
149th	Qatar	6.50%	0.7%
150th	Ukraine	25.64%	648.6%

FAQ

What was Cabo Verde's military spending in 2022?▾

Cabo Verde's military spending in 2022 was 0.46%. This ranked 8th globally.

How did Cabo Verde's military spending change in 2022?▾

Cabo Verde's military spending decreased by 16.6% in 2022 compared to 2021.

Which country had the highest military spending in 2022?▾

Ukraine had the highest military spending in 2022 at 25.64%.

What is the military spending of Cabo Verde in 2022?▾

The military spending of Cabo Verde in 2022 was 0.46%. This ranked 8th globally.

How does 2022 compare to 2021 for Cabo Verde's military spending?▾

Cabo Verde's military spending went from 0.55% in 2021 to 0.46% in 2022, a 16.6% decrease.

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