Guyana vs Nicaragua: Military spending

Guyana
106.79 million constant 2022 US$
in 2023
Nicaragua
110.71 million constant 2022 US$
in 2023
Guyana rank
148th
Nicaragua rank
147th

Military spending over time

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

How they compare

Nicaragua currently reports 110.71 million constant 2022 US$ against 106.79 million constant 2022 US$ in Guyana, a difference of 3.92 million constant 2022 US$.

Across all 58 years both countries report, Nicaragua has been ahead every year.

Guyana ranks 148th and Nicaragua ranks 147th of 172 countries.

Nicaragua has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Guyana Nicaragua Difference Ahead
1960s 11.47 million constant 2022 US$ 66.87 million constant 2022 US$ 55.40 million constant 2022 US$ Nicaragua
1970s 37.15 million constant 2022 US$ 84.20 million constant 2022 US$ 47.05 million constant 2022 US$ Nicaragua
1980s 44.30 million constant 2022 US$ 534.47 million constant 2022 US$ 490.17 million constant 2022 US$ Nicaragua
1990s 9.93 million constant 2022 US$ 143.96 million constant 2022 US$ 134.03 million constant 2022 US$ Nicaragua
2000s 22.11 million constant 2022 US$ 47.34 million constant 2022 US$ 25.23 million constant 2022 US$ Nicaragua
2010s 53.38 million constant 2022 US$ 86.74 million constant 2022 US$ 33.36 million constant 2022 US$ Nicaragua
2020s 97.55 million constant 2022 US$ 103.04 million constant 2022 US$ 5.49 million constant 2022 US$ Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Guyana or Nicaragua?
Nicaragua, at 110.71 million constant 2022 US$ against 106.79 million constant 2022 US$ in Guyana as of 2023.
What is the difference in military spending between Guyana and Nicaragua?
3.92 million constant 2022 US$, with Nicaragua ahead.
How many years of comparable data are there for Guyana and Nicaragua?
58 years are reported by both, from 1966 to 2023.
How do Guyana and Nicaragua rank globally for military spending?
Guyana ranks 148th 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.

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Guyana vs Nicaragua: Military spending. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/compare/military-spending-gmsd/guyana/nicaragua/

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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.