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 September 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
11.00 9.70 11.60 4.30 1984 - 2020 USD Million Yearly
Constant 2019 prices

Cape Verde Government Last Previous Highest Lowest Unit
Government Debt to GDP 155.80 124.70 155.80 57.17 percent of GDP [+]
Government Budget -8.90 -1.80 6.30 -10.50 percent of GDP [+]
Credit Rating 27.00 [+]
Military Expenditure 11.00 9.70 11.60 4.30 USD Million [+]
Government Revenues 8493.00 43751.00 57389.00 3861.83 CVE Millions [+]
Government Spending 8172.00 8400.00 8400.00 4810.00 CVE Million [+]