Military Expenditure in Cape Verde increased to 10 USD Million in 2018 from 9 USD Million in 2017.

Military Expenditure in Cape Verde averaged 8.13 USD Million from 1984 until 2018, reaching an all time high of 11 USD Million in 1984 and a record low of 4 USD Million in 1993. Cape Verde Military Expenditure - values, historical data and charts - was last updated on July of 2020. source: SIPRI

Military Expenditure in Cape Verde is expected to reach 8.99 USD Million by the end of 2020, 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 2021, according to our econometric models.

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Cape Verde Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
10.00 9.00 11.00 4.00 1984 - 2018 USD Million Yearly
constant 2017 prices

Cape Verde Government Last Previous Highest Lowest Unit
Government Debt to GDP 124.00 126.80 127.70 57.17 percent [+]
Government Budget -1.80 -2.70 6.30 -12.40 percent of GDP [+]
Military Expenditure 10.00 9.00 11.00 4.00 USD Million [+]
Government Revenues 19586.00 12708.60 19586.00 3861.83 CVE Millions [+]
Government Spending 7970.00 7044.00 7970.00 4809.66 CVE Million [+]
Credit Rating 30.00 [+]