Iran, Islamic Republic of vs Nicaragua: Military expenditure (current USD), annual growth rate

Iran, Islamic Republic of
6.78 % change on previous year
in 2024
Nicaragua
6.77 % change on previous year
in 2024
Iran, Islamic Republic of rank
89th
Nicaragua rank
91st

Military expenditure (current USD), annual growth rate over time

  • Iran, Islamic Republic of
  • Nicaragua
0200400600800196119922024

How they compare

Iran, Islamic Republic of currently reports 6.78 % change on previous year against 6.77 % change on previous year in Nicaragua, a difference of 0.01 % change on previous year.

The two have swapped places 14 times across 47 shared years of data; in 1969 it was Iran, Islamic Republic of ahead.

Iran, Islamic Republic of ranks 89th and Nicaragua ranks 91st of 164 countries.

Across the 7 decades both report, Iran, Islamic Republic of averaged higher in 5 and Nicaragua in 2.

Head to head by decade

Decade Iran, Islamic Republic of Nicaragua Difference Ahead
1960s 29.43 % change on previous year 1.41 % change on previous year 28.03 % change on previous year Iran, Islamic Republic of
1970s 75.09 % change on previous year 18.76 % change on previous year 56.33 % change on previous year Iran, Islamic Republic of
1980s 32.11 % change on previous year 49.31 % change on previous year 17.2 % change on previous year Nicaragua
1990s 11.43 % change on previous year -19.65 % change on previous year 31.08 % change on previous year Iran, Islamic Republic of
2000s 13.41 % change on previous year 4.88 % change on previous year 8.52 % change on previous year Iran, Islamic Republic of
2010s -5.34 % change on previous year 7.2 % change on previous year 12.54 % change on previous year Nicaragua
2020s 14.99 % change on previous year 6.65 % change on previous year 8.34 % change on previous year Iran, Islamic Republic of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure (current usd), annual growth rate, Iran, Islamic Republic of or Nicaragua?
Iran, Islamic Republic of, at 6.78 % change on previous year against 6.77 % change on previous year in Nicaragua as of 2024.
What is the difference in military expenditure (current usd), annual growth rate between Iran, Islamic Republic of and Nicaragua?
0.01 % change on previous year, with Iran, Islamic Republic of ahead.
How many years of comparable data are there for Iran, Islamic Republic of and Nicaragua?
47 years are reported by both, from 1969 to 2024.
How do Iran, Islamic Republic of and Nicaragua rank globally for military expenditure (current usd), annual growth rate?
Iran, Islamic Republic of ranks 89th and Nicaragua ranks 91st of 164 countries.
Where does this data come from?
Statizoid (derived), published as Military expenditure (current USD), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iran, Islamic Republic of vs Nicaragua: Military expenditure (current USD), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 05 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-annual-growth-rate/iran-islamic-rep/nicaragua/

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About this data

Indicator
Military expenditure (current USD), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 10,048 data points, 1961–2024
Last refreshed

The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.