Cape Verde Military Spending

Defense budget and military expenditure data (1984–2026)

Key Facts (2026 estimate)

Military Expenditure

$18 million

Ranked #146 of 148 countries worldwide

Percent of GDP

0.6%

Ranked #144 of 157 countries by % of GDP

Year-over-Year Change

+0.0%

From $18M in 2025

Historical Peak Spending

$18 million

Reached in 2025

Cape Verde Defense Budget Summary

In 2026, Cape Verde is estimated to have spent $18 million on military and defense, representing 0.6% of the country's Gross Domestic Product (GDP). This budget covers the armed forces including army, navy, and air force expenditures. Cape Verde is the #146 highest military spender in the world by absolute spending.

Compared to the previous year (2025), defense spending increased by 0.0%, from $18 million to $18 million. This change in the military budget reflects growing defense priorities.

The highest percentage of GDP allocated to defense spending was 2.8% in 1984. The historical average military budget is 0.9% of GDP.

Data source: SIPRI Military Expenditure Database. Values are in constant 2023 US dollars. Data for 2026 is an estimate based on government budget announcements.

Historical Military Spending

Military Spending (% of GDP)

Military Spending (USD Billions, 2023 prices)

Historical Data

YearPercent of GDPUSD (millions)
2026(estimate)0.55%$18M
2025(estimate)0.55%$18M
20240.62%$17M
20230.57%$14M
20220.46%$11M
20210.55%$11M
20200.62%$12M
20190.43%$11M
20180.49%$11M
20170.47%$11M
20160.55%$12M
20150.51%$10M
20140.49%$10M
20130.48%$9M
20120.51%$10M
20110.48%$9M
20100.45%$9M
20090.45%$8M
20080.55%$10M
20070.48%$9M
Showing most recent 20 years of 40 total years of data.