Military expenditure (current USD), per unit of GDP in Nicaragua
Nicaragua: Military expenditure (current USD), per unit of GDP was 0.0053 current USD per US$ of GDP in 2024. ◆ Volatile
Latest (2024)
0.0053 current USD per US$ of GDP
Change on year
down 3.5%
World rank
149th
of 166 countries
All-time high
1.13 current USD per US$ of GDP
in 1990
All-time low
0.005 current USD per US$ of GDP
in 2008
Years of data
49
1968–2024
Military expenditure (current USD), per unit of GDP in Nicaragua, 1968–2024
Source: Statizoid (derived). Measured in current USD per US$ of GDP.
Analysis
Nicaragua recorded 0.0053 current USD per US$ of GDP for military expenditure (current usd), per unit of gdp in 2024.
The figure is down 3.5% on the previous year and down 22.0% over ten years.
Over the whole period, military expenditure (current usd), per unit of gdp in Nicaragua peaked at 1.13 current USD per US$ of GDP in 1990 and was at its lowest, 0.005 current USD per US$ of GDP, in 2008.
Nicaragua ranks 149th of 166 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure (current USD), per unit of GDP in Nicaragua, year by year
| Year | current USD per US$ of GDP | Change |
|---|---|---|
| 1968 | 0.0099 current USD per US$ of GDP | — |
| 1969 | 0.0093 current USD per US$ of GDP | -6.3% |
| 1970 | 0.0107 current USD per US$ of GDP | +15.1% |
| 1971 | 0.0102 current USD per US$ of GDP | -4.9% |
| 1972 | 0.0125 current USD per US$ of GDP | +22.5% |
| 1973 | 0.0095 current USD per US$ of GDP | -23.5% |
| 1974 | 0.0099 current USD per US$ of GDP | +3.2% |
| 1975 | 0.0117 current USD per US$ of GDP | +18.9% |
| 1976 | 0.0137 current USD per US$ of GDP | +17.2% |
| 1977 | 0.0158 current USD per US$ of GDP | +15.2% |
| 1978 | 0.0209 current USD per US$ of GDP | +32.3% |
| 1979 | 0.0206 current USD per US$ of GDP | -1.7% |
| 1980 | 0.022 current USD per US$ of GDP | +6.8% |
| 1981 | 0.0291 current USD per US$ of GDP | +32.2% |
| 1990 | 1.13 current USD per US$ of GDP | +3793.9% |
| 1991 | 0.0455 current USD per US$ of GDP | -96.0% |
| 1992 | 0.0263 current USD per US$ of GDP | -42.1% |
| 1993 | 0.0229 current USD per US$ of GDP | -13.0% |
| 1994 | 0.0092 current USD per US$ of GDP | -60.0% |
| 1995 | 0.0085 current USD per US$ of GDP | -7.4% |
| 1996 | 0.0073 current USD per US$ of GDP | -13.7% |
| 1997 | 0.0069 current USD per US$ of GDP | -5.8% |
| 1998 | 0.0057 current USD per US$ of GDP | -17.8% |
| 1999 | 0.0055 current USD per US$ of GDP | -2.2% |
| 2000 | 0.006 current USD per US$ of GDP | +8.8% |
| 2001 | 0.0053 current USD per US$ of GDP | -12.7% |
| 2002 | 0.0067 current USD per US$ of GDP | +26.6% |
| 2003 | 0.0066 current USD per US$ of GDP | -0.5% |
| 2004 | 0.0056 current USD per US$ of GDP | -15.1% |
| 2005 | 0.0054 current USD per US$ of GDP | -4.2% |
| 2006 | 0.0055 current USD per US$ of GDP | +2.1% |
| 2007 | 0.0053 current USD per US$ of GDP | -3.5% |
| 2008 | 0.005 current USD per US$ of GDP | -5.6% |
| 2009 | 0.005 current USD per US$ of GDP | +0.1% |
| 2010 | 0.0051 current USD per US$ of GDP | +0.5% |
| 2011 | 0.0053 current USD per US$ of GDP | +4.1% |
| 2012 | 0.0067 current USD per US$ of GDP | +26.5% |
| 2013 | 0.0068 current USD per US$ of GDP | +1.9% |
| 2014 | 0.0069 current USD per US$ of GDP | +1.0% |
| 2015 | 0.0078 current USD per US$ of GDP | +13.2% |
| 2016 | 0.0064 current USD per US$ of GDP | -17.4% |
| 2017 | 0.0063 current USD per US$ of GDP | -1.8% |
| 2018 | 0.0063 current USD per US$ of GDP | -0.4% |
| 2019 | 0.0061 current USD per US$ of GDP | -3.3% |
| 2020 | 0.0062 current USD per US$ of GDP | +2.9% |
| 2021 | 0.0055 current USD per US$ of GDP | -12.0% |
| 2022 | 0.0054 current USD per US$ of GDP | -1.8% |
| 2023 | 0.0055 current USD per US$ of GDP | +2.8% |
| 2024 | 0.0053 current USD per US$ of GDP | -3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0096 current USD per US$ of GDP | 0.0093 current USD per US$ of GDP | 0.0099 current USD per US$ of GDP | 2 |
| 1970s | 0.0136 current USD per US$ of GDP | 0.0095 current USD per US$ of GDP | 0.0209 current USD per US$ of GDP | 10 |
| 1980s | 0.0255 current USD per US$ of GDP | 0.022 current USD per US$ of GDP | 0.0291 current USD per US$ of GDP | 2 |
| 1990s | 0.127 current USD per US$ of GDP | 0.0055 current USD per US$ of GDP | 1.13 current USD per US$ of GDP | 10 |
| 2000s | 0.0057 current USD per US$ of GDP | 0.005 current USD per US$ of GDP | 0.0067 current USD per US$ of GDP | 10 |
| 2010s | 0.0063 current USD per US$ of GDP | 0.0051 current USD per US$ of GDP | 0.0078 current USD per US$ of GDP | 10 |
| 2020s | 0.0056 current USD per US$ of GDP | 0.0053 current USD per US$ of GDP | 0.0062 current USD per US$ of GDP | 5 |
Countries ranked near Nicaragua
- 146 Ethiopia 0.0062 current USD per US$ of GDP compare
- 147 Republic of Moldova 0.0061 current USD per US$ of GDP compare
- 148 Gambia 0.006 current USD per US$ of GDP compare
- 150 Sierra Leone 0.0052 current USD per US$ of GDP compare
- 151 Nigeria 0.0045 current USD per US$ of GDP compare
- 152 Malta 0.0044 current USD per US$ of GDP 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), annual growth rate 6.77 % change on previous year (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), per unit of gdp in Nicaragua?
- Military expenditure (current usd), per unit of gdp in Nicaragua was 0.0053 current USD per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), per unit of gdp recorded in Nicaragua?
- The highest recorded value was 1.13 current USD per US$ of GDP in 1990.
- What is the lowest military expenditure (current usd), per unit of gdp recorded in Nicaragua?
- The lowest recorded value was 0.005 current USD per US$ of GDP in 2008.
- How does Nicaragua rank for military expenditure (current usd), per unit of gdp?
- Nicaragua ranks 149th out of 166 countries with data for 2024.
- Is military expenditure (current usd), per unit of gdp rising or falling in Nicaragua?
- Over the last ten years it is down 22.0%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military expenditure (current USD) ÷ GDP (current US$)
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
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.