Which has higher military expenditure, Nicaragua or Venezuela, Bolivarian Republic of?

Nicaragua, at 0.5% against 0.5% in Venezuela, Bolivarian Republic of as of 2024.

How many years of comparable data are there for Nicaragua and Venezuela, Bolivarian Republic of?

47 years are reported by both, from 1968 to 2023.

Where does this data come from?

SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Nicaragua vs Venezuela, Bolivarian Republic of: Military expenditure

Nicaragua

0.5%

in 2024

Venezuela, Bolivarian Republic of

0.5%

in 2023

Nicaragua rank

153rd

Venezuela, Bolivarian Republic of rank

154th

Military expenditure over time

Nicaragua
Venezuela, Bolivarian Republic of

How they compare

Nicaragua currently reports 0.5% against 0.5% in Venezuela, Bolivarian Republic of, a difference of 0.0%.

That makes Nicaragua's figure about 1.1 times Venezuela, Bolivarian Republic of's.

The two have swapped places 9 times across 47 shared years of data; in 1968 it was Venezuela, Bolivarian Republic of ahead.

Nicaragua ranks 153rd and Venezuela, Bolivarian Republic of ranks 154th of 165 countries.

Across the 7 decades both report, Nicaragua averaged higher in 1 and Venezuela, Bolivarian Republic of in 6.

Head to head by decade

Decade	Nicaragua	Venezuela, Bolivarian Republic of	Difference	Ahead
1960s	1.4%	2.6%	1.2%	Venezuela, Bolivarian Republic of
1970s	2.0%	2.3%	0.3%	Venezuela, Bolivarian Republic of
1980s	3.8%	1.6%	2.2%	Nicaragua
1990s	1.6%	1.6%	0.0%	Venezuela, Bolivarian Republic of
2000s	0.7%	1.5%	0.9%	Venezuela, Bolivarian Republic of
2010s	0.6%	1.2%	0.6%	Venezuela, Bolivarian Republic of
2020s	0.6%	0.8%	0.2%	Venezuela, Bolivarian Republic of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Nicaragua or Venezuela, Bolivarian Republic of?: Nicaragua, at 0.5% against 0.5% in Venezuela, Bolivarian Republic of as of 2024.
What is the difference in military expenditure between Nicaragua and Venezuela, Bolivarian Republic of?: 0.0%, with Nicaragua ahead.
How many years of comparable data are there for Nicaragua and Venezuela, Bolivarian Republic of?: 47 years are reported by both, from 1968 to 2023.
How do Nicaragua and Venezuela, Bolivarian Republic of rank globally for military expenditure?: Nicaragua ranks 153rd and Venezuela, Bolivarian Republic of ranks 154th of 165 countries.
Where does this data come from?: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Nicaragua vs Venezuela, Bolivarian Republic of: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 14 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-percent-of-gdp/nicaragua/venezuela-rb/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://public-sector.statizoid.com/compare/military-expenditure-percent-of-gdp/nicaragua/venezuela-rb/">Nicaragua vs Venezuela, Bolivarian Republic of: Military expenditure</a> — Statizoid

About this data

Indicator: Military expenditure (% of GDP)
Unit: % of GDP
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 210 places, 10,550 data points, 1960–2024
Last refreshed: 03 September 2026

Military expenditure by country as percentage of gross domestic product