Eswatini vs Nicaragua: Military spending

Eswatini
91.46 million constant 2022 US$
in 2023
Nicaragua
110.71 million constant 2022 US$
in 2023
Eswatini rank
150th
Nicaragua rank
147th

Military spending over time

  • Eswatini
  • Nicaragua
01.0B2.0B3.0B190019612023

How they compare

Nicaragua currently reports 110.71 million constant 2022 US$ against 91.46 million constant 2022 US$ in Eswatini, a difference of 19.25 million constant 2022 US$.

That makes Nicaragua's figure about 1.2 times Eswatini's.

The two have swapped places 7 times across 56 shared years of data; in 1968 it was Eswatini ahead.

Eswatini ranks 150th and Nicaragua ranks 147th of 172 countries.

Across the 7 decades both report, Eswatini averaged higher in 4 and Nicaragua in 3.

Head to head by decade

Decade Eswatini Nicaragua Difference Ahead
1960s 2.67 billion constant 2022 US$ 67.23 million constant 2022 US$ 2.61 billion constant 2022 US$ Eswatini
1970s 1.23 billion constant 2022 US$ 84.20 million constant 2022 US$ 1.15 billion constant 2022 US$ Eswatini
1980s 21.98 million constant 2022 US$ 534.47 million constant 2022 US$ 512.49 million constant 2022 US$ Nicaragua
1990s 36.03 million constant 2022 US$ 143.96 million constant 2022 US$ 107.93 million constant 2022 US$ Nicaragua
2000s 66.83 million constant 2022 US$ 47.34 million constant 2022 US$ 19.49 million constant 2022 US$ Eswatini
2010s 103.43 million constant 2022 US$ 86.74 million constant 2022 US$ 16.69 million constant 2022 US$ Eswatini
2020s 96.47 million constant 2022 US$ 103.04 million constant 2022 US$ 6.56 million constant 2022 US$ Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Eswatini or Nicaragua?
Nicaragua, at 110.71 million constant 2022 US$ against 91.46 million constant 2022 US$ in Eswatini as of 2023.
What is the difference in military spending between Eswatini and Nicaragua?
19.25 million constant 2022 US$, with Nicaragua ahead.
How many years of comparable data are there for Eswatini and Nicaragua?
56 years are reported by both, from 1968 to 2023.
How do Eswatini and Nicaragua rank globally for military spending?
Eswatini ranks 150th 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.