Military expenditure (current LCU) in Nicaragua

Nicaragua: Military expenditure (current LCU) was 4.28 billion current LCU in 2025. ◆ Volatile

Latest (2025)
4.28 billion current LCU
Change on year
up 7.6%
World rank
124th
of 168 countries
All-time high
4.28 billion current LCU
in 2025
All-time low
0.0142 current LCU
in 1968
Years of data
50
1968–2025

Military expenditure in Nicaragua, 1968–2025

01.0B2.0B3.0B4.0B196819962025

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.

Analysis

In 2025, military expenditure in Nicaragua stood at 4.28 billion current LCU. That is the highest value across all 50 years on record.

Compared with earlier readings it is up 7.6% on the previous year and up 58.7% over ten years.

Over the whole period, military expenditure in Nicaragua peaked at 4.28 billion current LCU in 2025 and was at its lowest, 0.0142 current LCU, in 1968.

That places Nicaragua 124th out of 168 countries with data for 2025, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military expenditure (current LCU) in Nicaragua, year by year

Annual values for Military expenditure (current LCU) in Nicaragua, 1968 to 2025.
Year current LCU Change
1968 0.0142 current LCU —
1969 0.0144 current LCU +1.4%
1970 0.0172 current LCU +19.4%
1971 0.0174 current LCU +1.2%
1972 0.0226 current LCU +29.9%
1973 0.0215 current LCU -4.9%
1974 0.0309 current LCU +43.7%
1975 0.0382 current LCU +23.6%
1976 0.052 current LCU +36.1%
1977 0.0726 current LCU +39.6%
1978 0.0918 current LCU +26.4%
1979 0.09 current LCU -2.0%
1980 0.139 current LCU +54.4%
1981 0.212 current LCU +52.5%
1990 161.00 million current LCU +75943396126.4%
1991 289.00 million current LCU +79.5%
1992 236.00 million current LCU -18.3%
1993 226.00 million current LCU -4.2%
1994 238.00 million current LCU +5.3%
1995 265.00 million current LCU +11.3%
1996 266.00 million current LCU +0.4%
1997 286.00 million current LCU +7.5%
1998 278.00 million current LCU -2.8%
1999 318.00 million current LCU +14.4%
2000 391.00 million current LCU +23.0%
2001 377.00 million current LCU -3.6%
2002 496.40 million current LCU +31.7%
2003 533.30 million current LCU +7.4%
2004 520.00 million current LCU -2.5%
2005 571.00 million current LCU +9.8%
2006 655.10 million current LCU +14.7%
2007 728.20 million current LCU +11.2%
2008 826.40 million current LCU +13.5%
2009 848.60 million current LCU +2.7%
2010 945.50 million current LCU +11.4%
2011 1.15 billion current LCU +22.0%
2012 1.65 billion current LCU +43.1%
2013 1.84 billion current LCU +11.6%
2014 2.11 billion current LCU +14.7%
2015 2.70 billion current LCU +27.6%
2016 2.43 billion current LCU -9.8%
2017 2.60 billion current LCU +6.7%
2018 2.58 billion current LCU -0.7%
2019 2.53 billion current LCU -2.0%
2020 2.73 billion current LCU +8.0%
2021 2.71 billion current LCU -0.8%
2022 3.02 billion current LCU +11.4%
2023 3.60 billion current LCU +19.3%
2024 3.98 billion current LCU +10.4%
2025 4.28 billion current LCU +7.6%

Nicaragua compared with similar countries

  • Nicaragua's 4.28 billion current LCU is below the median for lower middle income countries, which is 121.21 billion current LCU, 4% of the median. (40 countries reporting)
  • Nicaragua's 4.28 billion current LCU is below the median for Latin America & Caribbean, which is 12.18 billion current LCU, 35% of the median. (24 countries reporting)

Biggest year-on-year movements

Years where Military expenditure (current LCU) in Nicaragua changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1990 +75943396126.4% 0.212 current LCU 161.00 million current LCU

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.0143 current LCU 0.0142 current LCU 0.0144 current LCU 2
1970s 0.0454 current LCU 0.0172 current LCU 0.0918 current LCU 10
1980s 0.1755 current LCU 0.139 current LCU 0.212 current LCU 2
1990s 256.30 million current LCU 161.00 million current LCU 318.00 million current LCU 10
2000s 594.70 million current LCU 377.00 million current LCU 848.60 million current LCU 10
2010s 2.05 billion current LCU 945.50 million current LCU 2.70 billion current LCU 10
2020s 3.39 billion current LCU 2.71 billion current LCU 4.28 billion current LCU 6

Countries ranked near Nicaragua

  1. 121 Bolivia 4.76 billion current LCU compare
  2. 122 Bulgaria 4.49 billion current LCU compare
  3. 123 Tunisia 4.45 billion current LCU compare
  4. 125 Cuba 2.92 billion current LCU compare
  5. 126 Slovakia 2.76 billion current LCU compare
  6. 127 Ecuador 2.74 billion current LCU compare

See the full ranking of 168 places →

More public sector data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is military expenditure in Nicaragua?
Military expenditure in Nicaragua was 4.28 billion current LCU in 2025, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Nicaragua?
The highest recorded value was 4.28 billion current LCU in 2025.
What is the lowest military expenditure recorded in Nicaragua?
The lowest recorded value was 0.0142 current LCU in 1968.
How does Nicaragua rank for military expenditure?
Nicaragua ranks 124th out of 168 countries with data for 2025.
Is military expenditure rising or falling in Nicaragua?
Over the last ten years it is up 58.7%. The long-run trend across the full record is volatile.
Where does this Nicaragua data come from?
The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.

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Military expenditure in Nicaragua. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 08 November 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-lcu/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
168 places, 8,396 data points, 1960–2025
Last refreshed

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