Guyana vs Nicaragua: Military spending, per unit of GDP

Guyana
0.0063 constant 2022 US$ per US$ of GDP
in 2023
Nicaragua
0.0062 constant 2022 US$ per US$ of GDP
in 2023
Guyana rank
152nd
Nicaragua rank
154th

Military spending, per unit of GDP over time

  • Guyana
  • Nicaragua
00.20.40.6196019912023

How they compare

Guyana currently reports 0.0063 constant 2022 US$ per US$ of GDP against 0.0062 constant 2022 US$ per US$ of GDP in Nicaragua, a difference of 0.0001 constant 2022 US$ per US$ of GDP.

The two have swapped places 3 times across 58 shared years of data; in 1966 it was Nicaragua ahead.

Guyana ranks 152nd and Nicaragua ranks 154th of 170 countries.

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

Head to head by decade

Decade Guyana Nicaragua Difference Ahead
1960s 0.0477 constant 2022 US$ per US$ of GDP 0.0993 constant 2022 US$ per US$ of GDP 0.0516 constant 2022 US$ per US$ of GDP Nicaragua
1970s 0.0882 constant 2022 US$ per US$ of GDP 0.0629 constant 2022 US$ per US$ of GDP 0.0253 constant 2022 US$ per US$ of GDP Guyana
1980s 0.0926 constant 2022 US$ per US$ of GDP 0.2064 constant 2022 US$ per US$ of GDP 0.1138 constant 2022 US$ per US$ of GDP Nicaragua
1990s 0.0183 constant 2022 US$ per US$ of GDP 0.1008 constant 2022 US$ per US$ of GDP 0.0825 constant 2022 US$ per US$ of GDP Nicaragua
2000s 0.0169 constant 2022 US$ per US$ of GDP 0.0076 constant 2022 US$ per US$ of GDP 0.0092 constant 2022 US$ per US$ of GDP Guyana
2010s 0.0122 constant 2022 US$ per US$ of GDP 0.0073 constant 2022 US$ per US$ of GDP 0.0048 constant 2022 US$ per US$ of GDP Guyana
2020s 0.0103 constant 2022 US$ per US$ of GDP 0.0069 constant 2022 US$ per US$ of GDP 0.0034 constant 2022 US$ per US$ of GDP Guyana

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, per unit of gdp, Guyana or Nicaragua?
Guyana, at 0.0063 constant 2022 US$ per US$ of GDP against 0.0062 constant 2022 US$ per US$ of GDP in Nicaragua as of 2023.
What is the difference in military spending, per unit of gdp between Guyana and Nicaragua?
0.0001 constant 2022 US$ per US$ of GDP, with Guyana 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, per unit of gdp?
Guyana ranks 152nd and Nicaragua ranks 154th of 170 countries.
Where does this data come from?
Statizoid (derived), published as Military spending, per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Guyana vs Nicaragua: Military spending, per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/compare/military-spending-per-unit-of-gdp-2/guyana/nicaragua/

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About this data

Indicator
Military spending, per unit of GDP
Unit
constant 2022 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 9,064 data points, 1960–2023
Last refreshed

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.