Nicaragua vs Peru: Military spending, annual growth rate
Nicaragua
9.98 % change on previous year
in 2023
Peru
9.58 % change on previous year
in 2023
Nicaragua rank
43rd
Peru rank
46th
Military spending, annual growth rate over time
- Nicaragua
- Peru
How they compare
Nicaragua currently reports 9.98 % change on previous year against 9.58 % change on previous year in Peru, a difference of 0.4 % change on previous year.
The two have swapped places 41 times across 123 shared years of data; in 1901 it was Peru ahead.
Nicaragua ranks 43rd and Peru ranks 46th of 172 countries.
Across the 13 decades both report, Nicaragua averaged higher in 4 and Peru in 9.
Head to head by decade
| Decade | Nicaragua | Peru | Difference | Ahead |
|---|---|---|---|---|
| 1900s | -6.67 % change on previous year | 4.46 % change on previous year | 11.14 % change on previous year | Peru |
| 1910s | -15.14 % change on previous year | -9.54 % change on previous year | 5.6 % change on previous year | Peru |
| 1920s | 1.88 % change on previous year | 31.36 % change on previous year | 29.48 % change on previous year | Peru |
| 1930s | 15.33 % change on previous year | 2.47 % change on previous year | 12.86 % change on previous year | Nicaragua |
| 1940s | 42.31 % change on previous year | 11.28 % change on previous year | 31.03 % change on previous year | Nicaragua |
| 1950s | -6.42 % change on previous year | 2.86 % change on previous year | 9.28 % change on previous year | Peru |
| 1960s | 3.4 % change on previous year | 10.14 % change on previous year | 6.74 % change on previous year | Peru |
| 1970s | 3.66 % change on previous year | 5.76 % change on previous year | 2.1 % change on previous year | Peru |
| 1980s | 24.05 % change on previous year | 4.1 % change on previous year | 19.95 % change on previous year | Nicaragua |
| 1990s | -4.69 % change on previous year | 2.67 % change on previous year | 7.36 % change on previous year | Peru |
| 2000s | 1.79 % change on previous year | 1.99 % change on previous year | 0.2022 % change on previous year | Peru |
| 2010s | 7.85 % change on previous year | 5.81 % change on previous year | 2.05 % change on previous year | Nicaragua |
| 2020s | 1.79 % change on previous year | 2.59 % change on previous year | 0.7991 % change on previous year | Peru |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military spending, annual growth rate, Nicaragua or Peru?
- Nicaragua, at 9.98 % change on previous year against 9.58 % change on previous year in Peru as of 2023.
- What is the difference in military spending, annual growth rate between Nicaragua and Peru?
- 0.4 % change on previous year, with Nicaragua ahead.
- How many years of comparable data are there for Nicaragua and Peru?
- 123 years are reported by both, from 1901 to 2023.
- How do Nicaragua and Peru rank globally for military spending, annual growth rate?
- Nicaragua ranks 43rd and Peru ranks 46th 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.