Bahamas vs Nicaragua: Military spending

Bahamas
118.22 million constant 2022 US$
in 2020
Nicaragua
110.71 million constant 2022 US$
in 2023
Bahamas rank
145th
Nicaragua rank
147th

Military spending over time

  • Bahamas
  • Nicaragua
0250.0M500.0M750.0M1.0B1.2B190019612023

How they compare

Bahamas currently reports 118.22 million constant 2022 US$ against 110.71 million constant 2022 US$ in Nicaragua, a difference of 7.50 million constant 2022 US$.

That makes Bahamas's figure about 1.1 times Nicaragua's.

The two have swapped places 3 times across 48 shared years of data; in 1973 it was Nicaragua ahead.

Bahamas ranks 145th and Nicaragua ranks 147th of 172 countries.

Across the 6 decades both report, Bahamas averaged higher in 3 and Nicaragua in 3.

Head to head by decade

Decade Bahamas Nicaragua Difference Ahead
1970s 17.29 million constant 2022 US$ 90.53 million constant 2022 US$ 73.24 million constant 2022 US$ Nicaragua
1980s 40.32 million constant 2022 US$ 534.47 million constant 2022 US$ 494.15 million constant 2022 US$ Nicaragua
1990s 50.39 million constant 2022 US$ 143.96 million constant 2022 US$ 93.57 million constant 2022 US$ Nicaragua
2000s 50.83 million constant 2022 US$ 47.34 million constant 2022 US$ 3.50 million constant 2022 US$ Bahamas
2010s 97.20 million constant 2022 US$ 86.74 million constant 2022 US$ 10.46 million constant 2022 US$ Bahamas
2020s 118.22 million constant 2022 US$ 100.11 million constant 2022 US$ 18.10 million constant 2022 US$ Bahamas

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Bahamas or Nicaragua?
Bahamas, at 118.22 million constant 2022 US$ against 110.71 million constant 2022 US$ in Nicaragua as of 2020.
What is the difference in military spending between Bahamas and Nicaragua?
7.50 million constant 2022 US$, with Bahamas ahead.
How many years of comparable data are there for Bahamas and Nicaragua?
48 years are reported by both, from 1973 to 2020.
How do Bahamas and Nicaragua rank globally for military spending?
Bahamas ranks 145th and Nicaragua ranks 147th of 172 countries.
Where does this data come from?
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as Military spending. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.