Military expenditure in Nicaragua
Nicaragua: Military expenditure was 1.9% in 2024. ▼ Falling
Military expenditure in Nicaragua, 2000–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in % of general government expenditure.
Analysis
Nicaragua recorded 1.9% for military expenditure in 2024.
The figure is down 9.6% on the previous year and down 31.9% over ten years.
Over the whole period, military expenditure in Nicaragua peaked at 3.6% in 2002 and was at its lowest, 1.8%, in 2021.
Nicaragua ranks 149th of 161 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Military expenditure in Nicaragua, year by year
| Year | % of general government expenditure | Change |
|---|---|---|
| 2000 | 2.9% | — |
| 2001 | 2.7% | -6.6% |
| 2002 | 3.6% | +29.9% |
| 2003 | 3.2% | -10.8% |
| 2004 | 2.7% | -14.8% |
| 2005 | 2.5% | -6.2% |
| 2006 | 2.6% | +1.7% |
| 2007 | 2.5% | -4.1% |
| 2008 | 2.3% | -7.3% |
| 2009 | 2.2% | -3.7% |
| 2010 | 2.2% | +1.2% |
| 2011 | 2.2% | -0.0% |
| 2012 | 2.8% | +23.6% |
| 2013 | 2.8% | +1.4% |
| 2014 | 2.8% | -0.6% |
| 2015 | 3.0% | +9.4% |
| 2016 | 2.4% | -21.8% |
| 2017 | 2.3% | -3.8% |
| 2018 | 2.3% | -1.2% |
| 2019 | 2.2% | -4.1% |
| 2020 | 2.2% | -0.6% |
| 2021 | 1.8% | -16.3% |
| 2022 | 1.9% | +4.3% |
| 2023 | 2.1% | +11.4% |
| 2024 | 1.9% | -9.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.7% | 2.2% | 3.6% | 10 |
| 2010s | 2.5% | 2.2% | 3.0% | 10 |
| 2020s | 2.0% | 1.8% | 2.2% | 5 |
Countries ranked near Nicaragua
- 146 Luxembourg 2.0% compare
- 147 Kazakhstan 1.9% compare
- 148 Argentina 1.9% compare
- 150 Austria 1.9% compare
- 151 Ghana 1.8% compare
- 152 Bosnia and Herzegovina 1.7% 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), 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)
Frequently asked questions
- What is military expenditure in Nicaragua?
- Military expenditure in Nicaragua was 1.9% in 2024, 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 3.6% in 2002.
- What is the lowest military expenditure recorded in Nicaragua?
- The lowest recorded value was 1.8% in 2021.
- How does Nicaragua rank for military expenditure?
- Nicaragua ranks 149th out of 161 countries with data for 2024.
- Is military expenditure rising or falling in Nicaragua?
- Over the last ten years it is down 31.9%. The long-run trend across the full record is falling.
- 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 (% of general government expenditure). Statizoid updates them automatically from the source API.
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About this data
Military expenditure expressed as a percentage of general government expenditure