Nicaragua vs Somalia: Military spending, annual growth rate
Nicaragua
9.98 % change on previous year
in 2023
Somalia
10.07 % change on previous year
in 2023
Nicaragua rank
43rd
Somalia rank
40th
Military spending, annual growth rate over time
- Nicaragua
- Somalia
How they compare
Somalia currently reports 10.07 % change on previous year against 9.98 % change on previous year in Nicaragua, a difference of 0.09 % change on previous year.
The two have swapped places 10 times across 63 shared years of data; in 1961 it was Somalia ahead.
Nicaragua ranks 43rd and Somalia ranks 40th of 172 countries.
Across the 7 decades both report, Nicaragua averaged higher in 2 and Somalia in 5.
Head to head by decade
| Decade | Nicaragua | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 3.38 % change on previous year | 16.19 % change on previous year | 12.81 % change on previous year | Somalia |
| 1970s | 3.66 % change on previous year | 17.45 % change on previous year | 13.79 % change on previous year | Somalia |
| 1980s | 24.05 % change on previous year | -15.79 % change on previous year | 39.84 % change on previous year | Nicaragua |
| 1990s | -4.69 % change on previous year | 14.07 % change on previous year | 18.76 % change on previous year | Somalia |
| 2000s | 1.79 % change on previous year | -2.06 % change on previous year | 3.85 % change on previous year | Nicaragua |
| 2010s | 7.85 % change on previous year | 8.02 % change on previous year | 0.1605 % change on previous year | Somalia |
| 2020s | 1.79 % change on previous year | 9.7 % change on previous year | 7.91 % change on previous year | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military spending, annual growth rate, Nicaragua or Somalia?
- Somalia, at 10.07 % 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 Nicaragua and Somalia?
- 0.09 % change on previous year, with Somalia ahead.
- How many years of comparable data are there for Nicaragua and Somalia?
- 63 years are reported by both, from 1961 to 2023.
- How do Nicaragua and Somalia rank globally for military spending, annual growth rate?
- Nicaragua ranks 43rd and Somalia ranks 40th 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.