Military expenditure (current USD), annual growth rate in Nicaragua
Nicaragua: Military expenditure (current USD), annual growth rate was 6.77 % change on previous year in 2024. ◆ Volatile
Military expenditure (current USD), annual growth rate in Nicaragua, 1969–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, military expenditure (current usd), annual growth rate in Nicaragua stood at 6.77 % change on previous year.
That represents a change of down 60.4% on the previous year and down 26.5% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Nicaragua peaked at 52.52 % change on previous year in 1981 and was at its lowest, -94.08 % change on previous year, in 1991.
Nicaragua ranks 91st of 164 countries on this measure, 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 USD), annual growth rate in Nicaragua, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1969 | 1.41 % change on previous year | — |
| 1970 | 19.44 % change on previous year | +1280.5% |
| 1971 | 1.16 % change on previous year | -94.0% |
| 1972 | 29.89 % change on previous year | +2470.1% |
| 1973 | -4.87 % change on previous year | -116.3% |
| 1974 | 43.72 % change on previous year | -998.4% |
| 1975 | 23.62 % change on previous year | -46.0% |
| 1976 | 36.13 % change on previous year | +52.9% |
| 1977 | 39.62 % change on previous year | +9.7% |
| 1978 | 26.45 % change on previous year | -33.2% |
| 1979 | -27.55 % change on previous year | -204.2% |
| 1980 | 46.1 % change on previous year | -267.4% |
| 1981 | 52.52 % change on previous year | +13.9% |
| 1991 | -94.08 % change on previous year | -279.1% |
| 1992 | -30.25 % change on previous year | -67.8% |
| 1993 | -14.81 % change on previous year | -51.0% |
| 1994 | -11.96 % change on previous year | -19.2% |
| 1995 | -0.7954 % change on previous year | -93.3% |
| 1996 | -10.21 % change on previous year | +1183.8% |
| 1997 | -4 % change on previous year | -60.8% |
| 1998 | -13.21 % change on previous year | +229.9% |
| 1999 | 2.5 % change on previous year | -118.9% |
| 2000 | 14.47 % change on previous year | +479.1% |
| 2001 | -8.54 % change on previous year | -159.0% |
| 2002 | 23.55 % change on previous year | -375.8% |
| 2003 | 1.36 % change on previous year | -94.2% |
| 2004 | -7.59 % change on previous year | -656.2% |
| 2005 | 4.58 % change on previous year | -160.4% |
| 2006 | 9.26 % change on previous year | +102.1% |
| 2007 | 5.87 % change on previous year | -36.7% |
| 2008 | 8.08 % change on previous year | +37.7% |
| 2009 | -2.2 % change on previous year | -127.2% |
| 2010 | 6.11 % change on previous year | -378.1% |
| 2011 | 16.22 % change on previous year | +165.3% |
| 2012 | 36.3 % change on previous year | +123.8% |
| 2013 | 6.27 % change on previous year | -82.7% |
| 2014 | 9.2 % change on previous year | +46.7% |
| 2015 | 21.55 % change on previous year | +134.2% |
| 2016 | -14.01 % change on previous year | -165.0% |
| 2017 | 1.94 % change on previous year | -113.9% |
| 2018 | -5.92 % change on previous year | -404.7% |
| 2019 | -5.71 % change on previous year | -3.4% |
| 2020 | 3.13 % change on previous year | -154.9% |
| 2021 | -1.79 % change on previous year | -157.2% |
| 2022 | 8.08 % change on previous year | -550.2% |
| 2023 | 17.07 % change on previous year | +111.4% |
| 2024 | 6.77 % change on previous year | -60.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.41 % change on previous year | 1.41 % change on previous year | 1.41 % change on previous year | 1 |
| 1970s | 18.76 % change on previous year | -27.55 % change on previous year | 43.72 % change on previous year | 10 |
| 1980s | 49.31 % change on previous year | 46.1 % change on previous year | 52.52 % change on previous year | 2 |
| 1990s | -19.65 % change on previous year | -94.08 % change on previous year | 2.5 % change on previous year | 9 |
| 2000s | 4.88 % change on previous year | -8.54 % change on previous year | 23.55 % change on previous year | 10 |
| 2010s | 7.2 % change on previous year | -14.01 % change on previous year | 36.3 % change on previous year | 10 |
| 2020s | 6.65 % change on previous year | -1.79 % change on previous year | 17.07 % change on previous year | 5 |
Countries ranked near Nicaragua
- 88 Switzerland 6.89 % change on previous year compare
- 89 Iran 6.78 % change on previous year compare
- 90 Namibia 6.77 % change on previous year compare
- 92 Bangladesh 6.66 % change on previous year compare
- 93 Morocco 6.42 % change on previous year compare
- 94 Syria 6.35 % change on previous year compare
More public sector data for Nicaragua
- Arms imports 13.00 million SIPRI trend indicator values (2019)
- Arms imports (SIPRI trend indicator values), per capita 2.01 SIPRI trend indicator values per person (2019)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.001 SIPRI trend indicator values per US$ of GDP (2019)
- Arms imports (SIPRI trend indicator values), annual growth rate -91.86 % change on previous year (2017)
- Arms imports (SIPRI trend indicator values), gaps filled 13.00 million SIPRI trend indicator values (2019)
- Military expenditure (current USD), per capita 15.22 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0053 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 105.26 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 108.03 SIPRI trend indicator values per square kilometre (2019)
- Military expenditure (current USD), per square kilometre 819.29 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Nicaragua?
- Military expenditure (current usd), annual growth rate in Nicaragua was 6.77 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Nicaragua?
- The highest recorded value was 52.52 % change on previous year in 1981.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Nicaragua?
- The lowest recorded value was -94.08 % change on previous year in 1991.
- How does Nicaragua rank for military expenditure (current usd), annual growth rate?
- Nicaragua ranks 91st out of 164 countries with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in Nicaragua?
- Over the last ten years it is down 26.5%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
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.
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
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.