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Military expenditure (% of GDP) — all countries

Military expenditure (% of GDP) — Nicaragua

Military expenditure (% of GDP) in Nicaragua in 2024 — 0.55%. Ranked 137 in the world out of 147. Since 1968, the indicator has fallen by 0.91 pp.

2024 0.55% −0.01 pp vs 2023
World rank 137of 147
Period maximum 4.34%1981
Period minimum 0.5%2008

Trend over time

1968–2024 · % of GDP

Military expenditure (% of GDP) — Nicaragua, 1968–2024024619681974198019861992199820042010201620221968: 1.46%1969: 1.38%1970: 1.58%1971: 1.51%1972: 1.87%1973: 1.42%1974: 1.45%1975: 1.75%1976: 2.07%1977: 2.47%1978: 3.22%1979: 3.1%1980: 3.35%1981: 4.34%1991: 4%1992: 2.63%1993: 2.1%1994: 1.19%1995: 1.1%1996: 0.95%1997: 0.89%1998: 0.74%1999: 0.72%2000: 0.78%2001: 0.68%2002: 0.87%2003: 0.86%2004: 0.73%2005: 0.7%2006: 0.55%2007: 0.53%2008: 0.5%2009: 0.5%2010: 0.51%2011: 0.53%2012: 0.67%2013: 0.68%2014: 0.69%2015: 0.78%2016: 0.64%2017: 0.63%2018: 0.63%2019: 0.61%2020: 0.63%2021: 0.55%2022: 0.54%2023: 0.55%2024: 0.55%
Change over the period: −0.91 pp Annual average: -0.02 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Nicaragua

Nicaragua 0.55%
World 2.47%
Latin America & Caribbean 1.13%
Central America computed 0.88%
Lower-middle-income countries computed 2.71%
Military expenditure (% of GDP) — Nicaragua, by year Nicaragua All countries CSV XLSX
Year % Change, pp
2024 0.55 −0.01 pp
2023 0.55 +0.02 pp
2022 0.54 −0.01 pp
2021 0.55 −0.08 pp
2020 0.63 +0.02 pp
2019 0.61 −0.02 pp
2018 0.63 +0 pp
2017 0.63 −0.01 pp
2016 0.64 −0.14 pp
2015 0.78 +0.09 pp
2014 0.69 +0.01 pp
2013 0.68 +0.01 pp
2012 0.67 +0.14 pp
2011 0.53 +0.02 pp
2010 0.51 +0 pp
2009 0.5 +0 pp
2008 0.5 −0.03 pp
2007 0.53 −0.02 pp
2006 0.55 −0.15 pp
2005 0.7 −0.03 pp
2004 0.73 −0.13 pp
2003 0.86 −0 pp
2002 0.87 +0.18 pp
2001 0.68 −0.1 pp
2000 0.78 +0.06 pp
1999 0.72 −0.02 pp
1998 0.74 −0.16 pp
1997 0.89 −0.06 pp
1996 0.95 −0.15 pp
1995 1.1 −0.09 pp
1994 1.19 −0.91 pp
1993 2.1 −0.53 pp
1992 2.63 −1.37 pp
1991 4 —
1981 4.34 +0.99 pp
1980 3.35 +0.24 pp
1979 3.1 −0.12 pp
1978 3.22 +0.76 pp
1977 2.47 +0.4 pp
1976 2.07 +0.32 pp
1975 1.75 +0.29 pp
1974 1.45 +0.03 pp
1973 1.42 −0.45 pp
1972 1.87 +0.36 pp
1971 1.51 −0.08 pp
1970 1.58 +0.21 pp
1969 1.38 −0.08 pp
1968 1.46 —

Central America, 2024

The same indicator for neighboring countries — with links to their pages

HN Honduras 1.58 SV El Salvador 1.19 BZ Belize 0.9 MX Mexico 0.89 NI Nicaragua 0.55 GT Guatemala 0.37
Full table for all countries

About the indicator

Military expenditure as a percent of GDP under the SIPRI definition: current and capital spending on the armed forces, including peacekeeping forces, defense ministries, paramilitary forces, military R&D, pensions of military personnel and military aid. The NATO benchmark for member states is at least 2% of GDP.

Source: Military Expenditure Database (SIPRI), license SIPRI terms of use.

Other indicators for Nicaragua

Defense Military expenditure in dollars

The absolute volume of defense spending in current US dollars.

Nicaragua by year Defense Military expenditure share of the budget

What part of government spending goes to defense.

Nicaragua by year Defense Armed forces personnel

The number of active-duty military personnel and paramilitary forces.

Nicaragua by year Economy Government consumption (% of GDP)

The share of GDP taken by government final consumption spending.

Nicaragua by year
All indicators for Nicaragua