What is the difference in military expenditure between Guatemala and Nicaragua?

649.20 million current LCU, with Nicaragua ahead.

How many years of comparable data are there for Guatemala and Nicaragua?

49 years are reported by both, from 1968 to 2024.

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.

Guatemala vs Nicaragua: Military expenditure

Guatemala

3.22 billion current LCU

in 2024

Nicaragua

3.87 billion current LCU

in 2024

Guatemala rank

123rd

Nicaragua rank

122nd

Military expenditure over time

Guatemala
Nicaragua

How they compare

Nicaragua currently reports 3.87 billion current LCU against 3.22 billion current LCU in Guatemala, a difference of 649.20 million current LCU.

That makes Nicaragua's figure about 1.2 times Guatemala's.

The two have swapped places 5 times across 49 shared years of data; in 1968 it was Guatemala ahead.

Guatemala ranks 123rd and Nicaragua ranks 122nd of 167 countries.

Across the 7 decades both report, Guatemala averaged higher in 5 and Nicaragua in 2.

Head to head by decade

Decade	Guatemala	Nicaragua	Difference	Ahead
1960s	19.00 million current LCU	0.0143 current LCU	19.00 million current LCU	Guatemala
1970s	46.78 million current LCU	0.0454 current LCU	46.78 million current LCU	Guatemala
1980s	133.20 million current LCU	0.1755 current LCU	133.20 million current LCU	Guatemala
1990s	806.66 million current LCU	256.30 million current LCU	550.36 million current LCU	Guatemala
2000s	1.16 billion current LCU	594.70 million current LCU	569.08 million current LCU	Guatemala
2010s	1.93 billion current LCU	2.05 billion current LCU	123.84 million current LCU	Nicaragua
2020s	3.07 billion current LCU	3.19 billion current LCU	121.02 million current LCU	Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Guatemala or Nicaragua?: Nicaragua, at 3.87 billion current LCU against 3.22 billion current LCU in Guatemala as of 2024.
What is the difference in military expenditure between Guatemala and Nicaragua?: 649.20 million current LCU, with Nicaragua ahead.
How many years of comparable data are there for Guatemala and Nicaragua?: 49 years are reported by both, from 1968 to 2024.
How do Guatemala and Nicaragua rank globally for military expenditure?: Guatemala ranks 123rd 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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Guatemala vs Nicaragua: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 26 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-lcu/guatemala/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: 20 August 2026

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