Malta vs Nicaragua: Military spending

Malta
118.50 million constant 2022 US$
in 2023
Nicaragua
110.71 million constant 2022 US$
in 2023
Malta rank
144th
Nicaragua rank
147th

Military spending over time

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

How they compare

Malta currently reports 118.50 million constant 2022 US$ against 110.71 million constant 2022 US$ in Nicaragua, a difference of 7.79 million constant 2022 US$.

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

The two have swapped places 3 times across 60 shared years of data; in 1964 it was Nicaragua ahead.

Malta ranks 144th and Nicaragua ranks 147th of 172 countries.

Across the 7 decades both report, Malta averaged higher in 2 and Nicaragua in 5.

Head to head by decade

Decade Malta Nicaragua Difference Ahead
1960s 5.70 million constant 2022 US$ 65.05 million constant 2022 US$ 59.35 million constant 2022 US$ Nicaragua
1970s 9.41 million constant 2022 US$ 84.20 million constant 2022 US$ 74.79 million constant 2022 US$ Nicaragua
1980s 32.20 million constant 2022 US$ 534.47 million constant 2022 US$ 502.27 million constant 2022 US$ Nicaragua
1990s 44.28 million constant 2022 US$ 143.96 million constant 2022 US$ 99.68 million constant 2022 US$ Nicaragua
2000s 59.63 million constant 2022 US$ 47.34 million constant 2022 US$ 12.29 million constant 2022 US$ Malta
2010s 71.67 million constant 2022 US$ 86.74 million constant 2022 US$ 15.07 million constant 2022 US$ Nicaragua
2020s 108.89 million constant 2022 US$ 103.04 million constant 2022 US$ 5.85 million constant 2022 US$ Malta

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Malta or Nicaragua?
Malta, at 118.50 million constant 2022 US$ against 110.71 million constant 2022 US$ in Nicaragua as of 2023.
What is the difference in military spending between Malta and Nicaragua?
7.79 million constant 2022 US$, with Malta ahead.
How many years of comparable data are there for Malta and Nicaragua?
60 years are reported by both, from 1964 to 2023.
How do Malta and Nicaragua rank globally for military spending?
Malta ranks 144th 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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Malta 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/malta/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.