Luxembourg vs Nicaragua: Military spending, annual growth rate
Luxembourg
10.04 % change on previous year
in 2023
Nicaragua
9.98 % change on previous year
in 2023
Luxembourg rank
41st
Nicaragua rank
43rd
Military spending, annual growth rate over time
- Luxembourg
- Nicaragua
How they compare
Luxembourg currently reports 10.04 % change on previous year against 9.98 % change on previous year in Nicaragua, a difference of 0.06 % change on previous year.
The two have swapped places 26 times across 99 shared years of data; in 1921 it was Luxembourg ahead.
Luxembourg ranks 41st and Nicaragua ranks 43rd of 172 countries.
Across the 11 decades both report, Luxembourg averaged higher in 7 and Nicaragua in 4.
Head to head by decade
| Decade | Luxembourg | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1920s | 7.88 % change on previous year | 5.5 % change on previous year | 2.38 % change on previous year | Luxembourg |
| 1930s | 17.01 % change on previous year | 15.33 % change on previous year | 1.68 % change on previous year | Luxembourg |
| 1940s | 11.1 % change on previous year | 55.38 % change on previous year | 44.29 % change on previous year | Nicaragua |
| 1950s | 9.9 % change on previous year | -6.42 % change on previous year | 16.33 % change on previous year | Luxembourg |
| 1960s | 0.3587 % change on previous year | 3.4 % change on previous year | 3.05 % change on previous year | Nicaragua |
| 1970s | 7.66 % change on previous year | 3.66 % change on previous year | 4 % change on previous year | Luxembourg |
| 1980s | 3.77 % change on previous year | 24.05 % change on previous year | 20.28 % change on previous year | Nicaragua |
| 1990s | 3.38 % change on previous year | -4.69 % change on previous year | 8.07 % change on previous year | Luxembourg |
| 2000s | 3.25 % change on previous year | 1.79 % change on previous year | 1.46 % change on previous year | Luxembourg |
| 2010s | 5.55 % change on previous year | 7.85 % change on previous year | 2.3 % change on previous year | Nicaragua |
| 2020s | 8.02 % change on previous year | 1.79 % change on previous year | 6.23 % change on previous year | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military spending, annual growth rate, Luxembourg or Nicaragua?
- Luxembourg, at 10.04 % change on previous year against 9.98 % change on previous year in Nicaragua as of 2023.
- What is the difference in military spending, annual growth rate between Luxembourg and Nicaragua?
- 0.06 % change on previous year, with Luxembourg ahead.
- How many years of comparable data are there for Luxembourg and Nicaragua?
- 99 years are reported by both, from 1921 to 2023.
- How do Luxembourg and Nicaragua rank globally for military spending, annual growth rate?
- Luxembourg ranks 41st 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.
Individual pages
About this data
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.