Military expenditure in dollars — all countries

Military expenditure in dollars — Nicaragua

Military expenditure in dollars in Nicaragua in 2024 — 105,264,016 US$. Ranked 132 in the world out of 151. Since 1968, the indicator has risen by 1,427.5%.

2024 105M US$ +6.77% vs 2023
World rank 132of 151
Period maximum 1.14B US$1990
Period minimum 6.89M US$1968

Trend over time

1968–2024 · US$

Military expenditure in dollars — Nicaragua, 1968–20240500M1B1.5B19681974198019861992199820042010201620221968: 6,891,063 US$1969: 6,988,120 US$1970: 8,346,921 US$1971: 8,443,979 US$1972: 10,967,466 US$1973: 10,433,753 US$1974: 14,995,341 US$1975: 18,537,930 US$1976: 25,234,878 US$1977: 35,231,773 US$1978: 44,549,266 US$1979: 32,278,195 US$1980: 47,159,889 US$1981: 71,927,313 US$1990: 1,142,475,980 US$1991: 67,668,345 US$1992: 47,200,000 US$1993: 40,210,590 US$1994: 35,401,495 US$1995: 35,119,851 US$1996: 31,533,401 US$1997: 30,270,701 US$1998: 26,271,275 US$1999: 26,927,930 US$2000: 30,825,266 US$2001: 28,193,450 US$2002: 34,831,910 US$2003: 35,307,125 US$2004: 32,628,065 US$2005: 34,123,574 US$2006: 37,285,145 US$2007: 39,472,044 US$2008: 42,659,729 US$2009: 41,721,773 US$2010: 44,272,443 US$2011: 51,453,111 US$2012: 70,132,970 US$2013: 74,532,011 US$2014: 81,391,930 US$2015: 98,932,947 US$2016: 85,073,598 US$2017: 86,725,445 US$2018: 81,593,933 US$2019: 76,931,507 US$2020: 79,343,310 US$2021: 77,919,650 US$2022: 84,214,048 US$2023: 98,592,937 US$2024: 105,264,016 US$
Change over the period: +98.37M (+1,427.54%) Average annual rate: 4.99 %

Comparison, 2024

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

Nicaragua 105M US$
World 2.65T US$
Central America computed 18.28B US$
Lower-middle-income countries computed 210B US$
Military expenditure in dollars — Nicaragua, by year Nicaragua All countries CSV XLSX
Year US$ Change Change, %
2024 105M +6.67M +6.77%
2023 98.59M +14.38M +17.07%
2022 84.21M +6.29M +8.08%
2021 77.92M −1.42M −1.79%
2020 79.34M +2.41M +3.14%
2019 76.93M −4.66M −5.71%
2018 81.59M −5.13M −5.92%
2017 86.73M +1.65M +1.94%
2016 85.07M −13.86M −14.01%
2015 98.93M +17.54M +21.55%
2014 81.39M +6.86M +9.2%
2013 74.53M +4.4M +6.27%
2012 70.13M +18.68M +36.3%
2011 51.45M +7.18M +16.22%
2010 44.27M +2.55M +6.11%
2009 41.72M −937,956 −2.2%
2008 42.66M +3.19M +8.08%
2007 39.47M +2.19M +5.87%
2006 37.29M +3.16M +9.27%
2005 34.12M +1.5M +4.58%
2004 32.63M −2.68M −7.59%
2003 35.31M +475,215 +1.36%
2002 34.83M +6.64M +23.55%
2001 28.19M −2.63M −8.54%
2000 30.83M +3.9M +14.47%
1999 26.93M +656,655 +2.5%
1998 26.27M −4M −13.21%
1997 30.27M −1.26M −4%
1996 31.53M −3.59M −10.21%
1995 35.12M −281,643 −0.8%
1994 35.4M −4.81M −11.96%
1993 40.21M −6.99M −14.81%
1992 47.2M −20.47M −30.25%
1991 67.67M −1.07B −94.08%
1990 1.14B
1981 71.93M +24.77M +52.52%
1980 47.16M +14.88M +46.1%
1979 32.28M −12.27M −27.54%
1978 44.55M +9.32M +26.45%
1977 35.23M +10M +39.62%
1976 25.23M +6.7M +36.13%
1975 18.54M +3.54M +23.62%
1974 15M +4.56M +43.72%
1973 10.43M −533,713 −4.87%
1972 10.97M +2.52M +29.89%
1971 8.44M +97,057 +1.16%
1970 8.35M +1.36M +19.44%
1969 6.99M +97,057 +1.41%
1968 6.89M

Central America, 2024

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

About the indicator

Military expenditure in current US dollars under the SIPRI definition. It allows absolute defense budgets to be compared, but not military capability: the purchasing power of the dollar in defense differs widely between countries, so equal budgets buy different amounts of personnel and equipment.

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