Cuba vs Nicaragua: Military expenditure

Cuba
2.92 billion current LCU
in 2018
Nicaragua
3.87 billion current LCU
in 2024
Cuba rank
124th
Nicaragua rank
122nd

Military expenditure over time

  • Cuba
  • Nicaragua
01.0B2.0B3.0B4.0B196819962024

How they compare

Nicaragua currently reports 3.87 billion current LCU against 2.92 billion current LCU in Cuba, a difference of 952.97 million current LCU.

That makes Nicaragua's figure about 1.3 times Cuba's.

The two have swapped places 2 times across 23 shared years of data; in 1978 it was Cuba ahead.

Cuba ranks 124th and Nicaragua ranks 122nd of 167 countries.

Cuba has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Cuba Nicaragua Difference Ahead
1970s 812.50 million current LCU 0.0909 current LCU 812.50 million current LCU Cuba
1980s 826.50 million current LCU 0.1755 current LCU 826.50 million current LCU Cuba
1990s 946.67 million current LCU 225.33 million current LCU 721.33 million current LCU Cuba
2000s 1.70 billion current LCU 668.94 million current LCU 1.04 billion current LCU Cuba
2010s 2.66 billion current LCU 2.00 billion current LCU 655.16 million current LCU Cuba

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Cuba or Nicaragua?
Nicaragua, at 3.87 billion current LCU against 2.92 billion current LCU in Cuba as of 2024.
What is the difference in military expenditure between Cuba and Nicaragua?
952.97 million current LCU, with Nicaragua ahead.
How many years of comparable data are there for Cuba and Nicaragua?
23 years are reported by both, from 1978 to 2018.
How do Cuba and Nicaragua rank globally for military expenditure?
Cuba ranks 124th and Nicaragua ranks 122nd of 167 countries.
Where does this data come from?
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cuba vs Nicaragua: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 23 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-lcu/cuba/nicaragua/

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About this data

Indicator
Military expenditure (current LCU)
Unit
current LCU
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 8,248 data points, 1960–2024
Last refreshed

Military expenditure in local currency at current prices (by calendar year)