Cabo Verde - Military expenditure

Military expenditure (current USD)

The latest value for Military expenditure (current USD) in Cabo Verde was 11,279,270 as of 2020. Over the past 36 years, the value for this indicator has fluctuated between 11,279,270 in 2020 and 2,735,414 in 1993.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another).

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

See also:

Year Value
1984 3,687,650
1985 3,394,022
1986 4,454,432
1987 4,967,861
1988 5,078,572
1992 3,557,903
1993 2,735,414
1994 3,431,399
1995 6,206,630
1996 4,261,940
1997 4,099,738
1998 4,513,155
1999 5,004,734
2000 6,801,073
2001 4,638,556
2002 4,520,859
2003 5,782,832
2004 6,452,151
2005 7,082,417
2006 6,985,155
2007 7,943,660
2008 10,758,720
2009 8,402,927
2010 8,239,370
2011 9,757,537
2012 9,736,386
2013 9,815,672
2014 10,048,860
2015 8,922,219
2016 10,171,220
2017 9,354,384
2018 10,714,070
2019 9,728,061
2020 11,279,270

Military expenditure (current LCU)

The value for Military expenditure (current LCU) in Cabo Verde was 958,000,000 as of 2019. As the graph below shows, over the past 35 years this indicator reached a maximum value of 1,014,300,000 in 2016 and a minimum value of 220,000,000 in 1993.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

Year Value
1984 313,000,000
1985 311,000,000
1986 357,000,000
1987 360,000,000
1988 366,000,000
1992 242,000,000
1993 220,000,000
1994 281,000,000
1995 477,000,000
1996 352,000,000
1997 382,000,000
1998 443,000,000
1999 518,000,000
2000 814,000,000
2001 571,600,000
2002 529,700,000
2003 565,000,000
2004 573,000,000
2005 628,000,000
2006 614,000,000
2007 640,000,000
2008 809,900,000
2009 667,000,000
2010 686,000,000
2011 774,000,000
2012 835,600,000
2013 815,200,000
2014 835,200,000
2015 887,100,000
2016 1,014,300,000
2017 918,900,000
2018 1,000,880,000
2019 958,000,000

Military expenditure (% of GDP)

Military expenditure (% of GDP) in Cabo Verde was 0.59 as of 2020. Its highest value over the past 36 years was 2.79 in 1984, while its lowest value was 0.49 in 2019.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

See also:

Year Value
1984 2.79
1985 2.46
1986 2.34
1987 2.10
1988 1.91
1992 0.99
1993 0.76
1994 0.84
1995 1.27
1996 0.84
1997 0.83
1998 0.86
1999 0.84
2000 1.15
2001 0.75
2002 0.67
2003 0.65
2004 0.63
2005 0.65
2006 0.56
2007 0.52
2008 0.60
2009 0.49
2010 0.50
2011 0.52
2012 0.56
2013 0.53
2014 0.54
2015 0.56
2016 0.61
2017 0.53
2018 0.54
2019 0.49
2020 0.59

Military expenditure (% of general government expenditure)

Military expenditure (% of general government expenditure) in Cabo Verde was 1.47 as of 2020. Its highest value over the past 26 years was 2.74 in 2000, while its lowest value was 1.26 in 2010.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

See also:

Year Value
1994 1.59
1995 2.45
1996 1.79
1997 1.93
1998 2.33
1999 2.08
2000 2.74
2001 2.43
2002 1.83
2003 2.23
2004 1.95
2005 1.94
2006 1.69
2007 1.78
2008 1.99
2009 1.47
2010 1.26
2011 1.57
2012 1.60
2013 1.57
2014 1.77
2015 1.78
2016 2.06
2017 1.68
2018 1.76
2019 1.57
2020 1.47

Classification

Topic: Public Sector Indicators

Sub-Topic: Defense & arms trade