North Korea vs Nicaragua: Military spending, annual growth rate

North Korea
9.69 % change on previous year
in 2018
Nicaragua
9.98 % change on previous year
in 2023
North Korea rank
45th
Nicaragua rank
43rd

Military spending, annual growth rate over time

  • North Korea
  • Nicaragua
-1000100200300190119622023

How they compare

Nicaragua currently reports 9.98 % change on previous year against 9.69 % change on previous year in North Korea, a difference of 0.29 % change on previous year.

The two have swapped places 25 times across 70 shared years of data; in 1949 it was Nicaragua ahead.

North Korea ranks 45th and Nicaragua ranks 43rd of 172 countries.

Across the 8 decades both report, North Korea averaged higher in 2 and Nicaragua in 6.

Head to head by decade

Decade North Korea Nicaragua Difference Ahead
1940s 13 % change on previous year 38.99 % change on previous year 25.99 % change on previous year Nicaragua
1950s 29.25 % change on previous year -6.42 % change on previous year 35.68 % change on previous year North Korea
1960s 6.85 % change on previous year 3.4 % change on previous year 3.45 % change on previous year North Korea
1970s 1.04 % change on previous year 3.66 % change on previous year 2.62 % change on previous year Nicaragua
1980s 9.4 % change on previous year 24.05 % change on previous year 14.65 % change on previous year Nicaragua
1990s -8.26 % change on previous year -4.69 % change on previous year 3.57 % change on previous year Nicaragua
2000s -0.8577 % change on previous year 1.79 % change on previous year 2.65 % change on previous year Nicaragua
2010s -6.75 % change on previous year 8.46 % change on previous year 15.21 % change on previous year Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, annual growth rate, North Korea or Nicaragua?
Nicaragua, at 9.98 % change on previous year against 9.69 % change on previous year in North Korea as of 2023.
What is the difference in military spending, annual growth rate between North Korea and Nicaragua?
0.29 % change on previous year, with Nicaragua ahead.
How many years of comparable data are there for North Korea and Nicaragua?
70 years are reported by both, from 1949 to 2018.
How do North Korea and Nicaragua rank globally for military spending, annual growth rate?
North Korea ranks 45th and Nicaragua ranks 43rd of 172 countries.
Where does this data come from?
Statizoid (derived), published as Military spending, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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North Korea vs Nicaragua: Military spending, annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/compare/military-spending-annual-growth-rate-2/korea-dem-people-s-rep/nicaragua/

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About this data

Indicator
Military spending, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 15,188 data points, 1817–2023
Last refreshed

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.