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Cape Verde Defense Industry Outlook 2022 - 2026

See how Cape Verde Defense performed compared to key markets such as the United States, China and India.

Key Market Indicators

Cabo Verdean defence expenditure is set to reach $11.5 million by 2026. This represents an average annual growth rate of 1.1%, since 1992 when the demand jumped by 0.8% year on year. In 2021, Cabo Verde came in at number 149 in global defence expenditure rankings, with Gambia overtaking with $10.6 million. China, India and Russia took the top three spots respectively.

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Cape Verde Defense Market Data and Forecasts

How much will Cape Verde Defense Market grow to 2026?

Forecast: Military Expenditure in Cape Verde
Forecast: Military Expenditure in Cape Verde
Forecast: Military Expenditure in Cape Verde
Forecast: Import of Hotgun Cartridges to Cabo Verde
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