The binary skutterudite CoP3 has a large void at the body-centered site of each cubic unit cell and is, therefore, called a nonfilled skutterudite. We investigated its room-temperature compression behavior up to 40.4 GPa in helium and argon using a diamond-anvil cell. High-pressure in situ X-ray diffraction and Raman scattering measurements found no phase transition and a stable cubic structure up to the maximum pressure in both media. A fitting of the present pressure volume data to the third-order Birch-Murnaghan equation of state yields a zero-pressure bulk modulus K-0 of 147(3) GPa [pressure derivative K-0' of 4.4(2)] and 171(5) GPa [where K-0' = 4.2(4)] in helium and argon, respectively. The Gruneisen parameter was determined to be 1.4 from the Raman scattering measurements. Thus, CoP3 is stiffer than other binary skutterudites and could therefore be used as a host cage to accommodate large atoms under high pressure without structural collapse.