Cabo Verde—Military Spending (% of govt expenditure)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #135 of 151Updated May 2026
Latest Value
2.0%
2024
YoY Change
-8.1%
2023 → 2024
Global Rank
#135
of 151 countries
Maximum
2.7%
2000
Minimum
1.3%
2010
CAGR
-1.2%
25 years
Last
2.0%
Previous
2.2%
Highest
2.7%
Lowest
1.3%
Source
World Bank World Development Indicators
Cabo Verde's military spending (% of govt expenditure) was 2.0% in 2024, ranking #135 out of 151 countries. This represents a -8.1% change from 2023. Over the past 25 years, the highest recorded value was 2.7% (2000) and the lowest was 1.3% (2010). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 2.0% | -8.1% |
| 2023 | 2.2% | +30.1% |
| 2022 | 1.7% | -3.4% |
| 2021 | 1.8% | -0.7% |
| 2020 | 1.8% | +13.7% |
| 2019 | 1.6% | -11.0% |
| 2018 | 1.8% | +4.9% |
| 2017 | 1.7% | -18.5% |
| 2016 | 2.1% | +16.1% |
| 2015 | 1.8% | +0.2% |
| 2014 | 1.8% | +13.2% |
| 2013 | 1.6% | -2.2% |
| 2012 | 1.6% | +1.9% |
| 2011 | 1.6% | +24.4% |
| 2010 | 1.3% | -13.9% |
| 2009 | 1.5% | -26.1% |
| 2008 | 2.0% | +11.8% |
| 2007 | 1.8% | +5.0% |
| 2006 | 1.7% | -12.5% |
| 2005 | 1.9% | -0.5% |
| 2004 | 1.9% | -12.9% |
| 2003 | 2.2% | +22.3% |
| 2002 | 1.8% | -24.7% |
| 2001 | 2.4% | -11.4% |
| 2000 | 2.7% |
Top Countries — Military Spending (% of govt expenditure)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Ukraine | 54.0% | 2024 |
| 2 | Belarus | 50.7% | 2024 |
| 3 | Myanmar | 29.1% | 2024 |
| 4 | Qatar | 26.9% | 2022 |
| 5 | Saudi Arabia | 22.3% | 2024 |
| 6 | Somalia, Fed. Rep. | 21.6% | 2024 |
| 7 | Algeria | 21.4% | 2024 |
| 8 | Oman | 20.1% | 2024 |
| 9 | Singapore | 20.1% | 2024 |
| 10 | Israel | 20.0% | 2024 |