Mexico vs Nicaragua: Military spending, per unit of GDP

Mexico
0.0067 constant 2022 US$ per US$ of GDP
in 2023
Nicaragua
0.0062 constant 2022 US$ per US$ of GDP
in 2023
Mexico rank
151st
Nicaragua rank
154th

Military spending, per unit of GDP over time

  • Mexico
  • Nicaragua
00.20.40.6196019912023

How they compare

Mexico currently reports 0.0067 constant 2022 US$ per US$ of GDP against 0.0062 constant 2022 US$ per US$ of GDP in Nicaragua, a difference of 0.0005 constant 2022 US$ per US$ of GDP.

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

The two have swapped places 1 time across 64 shared years of data; in 1960 it was Nicaragua ahead.

Mexico ranks 151st and Nicaragua ranks 154th of 170 countries.

Across the 7 decades both report, Mexico averaged higher in 1 and Nicaragua in 6.

Head to head by decade

Decade Mexico Nicaragua Difference Ahead
1960s 0.0458 constant 2022 US$ per US$ of GDP 0.1523 constant 2022 US$ per US$ of GDP 0.1065 constant 2022 US$ per US$ of GDP Nicaragua
1970s 0.0253 constant 2022 US$ per US$ of GDP 0.0629 constant 2022 US$ per US$ of GDP 0.0375 constant 2022 US$ per US$ of GDP Nicaragua
1980s 0.0119 constant 2022 US$ per US$ of GDP 0.2064 constant 2022 US$ per US$ of GDP 0.1945 constant 2022 US$ per US$ of GDP Nicaragua
1990s 0.008 constant 2022 US$ per US$ of GDP 0.1008 constant 2022 US$ per US$ of GDP 0.0928 constant 2022 US$ per US$ of GDP Nicaragua
2000s 0.0056 constant 2022 US$ per US$ of GDP 0.0076 constant 2022 US$ per US$ of GDP 0.002 constant 2022 US$ per US$ of GDP Nicaragua
2010s 0.0054 constant 2022 US$ per US$ of GDP 0.0073 constant 2022 US$ per US$ of GDP 0.0019 constant 2022 US$ per US$ of GDP Nicaragua
2020s 0.0075 constant 2022 US$ per US$ of GDP 0.0069 constant 2022 US$ per US$ of GDP 0.0006 constant 2022 US$ per US$ of GDP Mexico

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, per unit of gdp, Mexico or Nicaragua?
Mexico, at 0.0067 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 Mexico and Nicaragua?
0.0005 constant 2022 US$ per US$ of GDP, with Mexico ahead.
How many years of comparable data are there for Mexico and Nicaragua?
64 years are reported by both, from 1960 to 2023.
How do Mexico and Nicaragua rank globally for military spending, per unit of gdp?
Mexico ranks 151st 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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Mexico 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/mexico/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.