What is the difference in military spending, per unit of gdp between Argentina and Nicaragua?

0.0003 constant 2024 US$ per US$ of GDP, with Argentina ahead.

How many years of comparable data are there for Argentina and Nicaragua?

46 years are reported by both, from 1972 to 2025.

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.

Argentina vs Nicaragua: Military spending, per unit of GDP

Argentina

0.0055 constant 2024 US$ per US$ of GDP

in 2025

Nicaragua

0.0052 constant 2024 US$ per US$ of GDP

in 2025

Argentina rank

144th

Nicaragua rank

145th

Military spending, per unit of GDP over time

Argentina
Nicaragua

How they compare

Argentina currently reports 0.0055 constant 2024 US$ per US$ of GDP against 0.0052 constant 2024 US$ per US$ of GDP in Nicaragua, a difference of 0.0003 constant 2024 US$ per US$ of GDP.

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

The two have swapped places 4 times across 46 shared years of data; in 1972 it was Argentina ahead.

Argentina ranks 144th and Nicaragua ranks 145th of 160 countries.

Across the 6 decades both report, Argentina averaged higher in 5 and Nicaragua in 1.

Head to head by decade

Decade	Argentina	Nicaragua	Difference	Ahead
1970s	0.1564 constant 2024 US$ per US$ of GDP	0.0001 constant 2024 US$ per US$ of GDP	0.1564 constant 2024 US$ per US$ of GDP	Argentina
1980s	0.1664 constant 2024 US$ per US$ of GDP	0.0001 constant 2024 US$ per US$ of GDP	0.1663 constant 2024 US$ per US$ of GDP	Argentina
1990s	0.0206 constant 2024 US$ per US$ of GDP	0.0328 constant 2024 US$ per US$ of GDP	0.0122 constant 2024 US$ per US$ of GDP	Nicaragua
2000s	0.0198 constant 2024 US$ per US$ of GDP	0.0089 constant 2024 US$ per US$ of GDP	0.0109 constant 2024 US$ per US$ of GDP	Argentina
2010s	0.0093 constant 2024 US$ per US$ of GDP	0.0078 constant 2024 US$ per US$ of GDP	0.0016 constant 2024 US$ per US$ of GDP	Argentina
2020s	0.0077 constant 2024 US$ per US$ of GDP	0.0061 constant 2024 US$ per US$ of GDP	0.0016 constant 2024 US$ per US$ of GDP	Argentina

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, per unit of gdp, Argentina or Nicaragua?: Argentina, at 0.0055 constant 2024 US$ per US$ of GDP against 0.0052 constant 2024 US$ per US$ of GDP in Nicaragua as of 2025.
What is the difference in military spending, per unit of gdp between Argentina and Nicaragua?: 0.0003 constant 2024 US$ per US$ of GDP, with Argentina ahead.
How many years of comparable data are there for Argentina and Nicaragua?: 46 years are reported by both, from 1972 to 2025.
How do Argentina and Nicaragua rank globally for military spending, per unit of gdp?: Argentina ranks 144th and Nicaragua ranks 145th of 160 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.

Individual pages

Share, cite or embed this page

Cite this page

Argentina 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/argentina/nicaragua/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://reference.statizoid.com/compare/military-spending-per-unit-of-gdp/argentina/nicaragua/">Argentina vs Nicaragua: Military spending, per unit of GDP</a> — Statizoid

About this data

Indicator: Military spending, per unit of GDP
Unit: constant 2024 US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 160 places, 7,842 data points, 1960–2025
Last refreshed: 15 September 2026

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.