Nicaragua vs Nigeria: Military expenditure (current USD), per unit of GDP

Nicaragua
0.0053 current USD per US$ of GDP
in 2024
Nigeria
0.0045 current USD per US$ of GDP
in 2024
Nicaragua rank
149th
Nigeria rank
151st

Military expenditure (current USD), per unit of GDP over time

  • Nicaragua
  • Nigeria
00.250.50.7511.2196019922024

How they compare

Nicaragua currently reports 0.0053 current USD per US$ of GDP against 0.0045 current USD per US$ of GDP in Nigeria, a difference of 0.0008 current USD per US$ of GDP.

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

The two have swapped places 11 times across 49 shared years of data; in 1968 it was Nigeria ahead.

Nicaragua ranks 149th and Nigeria ranks 151st of 166 countries.

Across the 7 decades both report, Nicaragua averaged higher in 4 and Nigeria in 3.

Head to head by decade

Decade Nicaragua Nigeria Difference Ahead
1960s 0.0096 current USD per US$ of GDP 0.0871 current USD per US$ of GDP 0.0774 current USD per US$ of GDP Nigeria
1970s 0.0136 current USD per US$ of GDP 0.0734 current USD per US$ of GDP 0.0599 current USD per US$ of GDP Nigeria
1980s 0.0255 current USD per US$ of GDP 0.0301 current USD per US$ of GDP 0.0046 current USD per US$ of GDP Nigeria
1990s 0.127 current USD per US$ of GDP 0.0048 current USD per US$ of GDP 0.1222 current USD per US$ of GDP Nicaragua
2000s 0.0057 current USD per US$ of GDP 0.0053 current USD per US$ of GDP 0.0003 current USD per US$ of GDP Nicaragua
2010s 0.0063 current USD per US$ of GDP 0.0045 current USD per US$ of GDP 0.0018 current USD per US$ of GDP Nicaragua
2020s 0.0056 current USD per US$ of GDP 0.0055 current USD per US$ of GDP 0.0001 current USD per US$ of GDP Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure (current usd), per unit of gdp, Nicaragua or Nigeria?
Nicaragua, at 0.0053 current USD per US$ of GDP against 0.0045 current USD per US$ of GDP in Nigeria as of 2024.
What is the difference in military expenditure (current usd), per unit of gdp between Nicaragua and Nigeria?
0.0008 current USD per US$ of GDP, with Nicaragua ahead.
How many years of comparable data are there for Nicaragua and Nigeria?
49 years are reported by both, from 1968 to 2024.
How do Nicaragua and Nigeria rank globally for military expenditure (current usd), per unit of gdp?
Nicaragua ranks 149th and Nigeria ranks 151st of 166 countries.
Where does this data come from?
Statizoid (derived), published as Military expenditure (current USD), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Nicaragua vs Nigeria: Military expenditure (current USD), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 08 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-per-unit-of-gdp/nicaragua/nigeria/

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About this data

Indicator
Military expenditure (current USD), per unit of GDP
Unit
current USD per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,381 data points, 1960–2024
Last refreshed

Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.