Madagascar vs Nicaragua: Military spending, per unit of GDP

Madagascar
0.0056 constant 2024 US$ per US$ of GDP
in 2025
Nicaragua
0.0052 constant 2024 US$ per US$ of GDP
in 2025
Madagascar rank
143rd
Nicaragua rank
145th

Military spending, per unit of GDP over time

  • Madagascar
  • Nicaragua
00.0250.050.0750.10.125196419942025

How they compare

Madagascar currently reports 0.0056 constant 2024 US$ per US$ of GDP against 0.0052 constant 2024 US$ per US$ of GDP in Nicaragua, a difference of 0.0004 constant 2024 US$ per US$ of GDP.

That makes Madagascar'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 Madagascar ahead.

Madagascar ranks 143rd and Nicaragua ranks 145th of 160 countries.

Across the 6 decades both report, Madagascar averaged higher in 4 and Nicaragua in 2.

Head to head by decade

Decade Madagascar Nicaragua Difference Ahead
1970s 0.0411 constant 2024 US$ per US$ of GDP 0.0001 constant 2024 US$ per US$ of GDP 0.041 constant 2024 US$ per US$ of GDP Madagascar
1980s 0.0266 constant 2024 US$ per US$ of GDP 0.0001 constant 2024 US$ per US$ of GDP 0.0266 constant 2024 US$ per US$ of GDP Madagascar
1990s 0.0198 constant 2024 US$ per US$ of GDP 0.0328 constant 2024 US$ per US$ of GDP 0.013 constant 2024 US$ per US$ of GDP Nicaragua
2000s 0.0166 constant 2024 US$ per US$ of GDP 0.0089 constant 2024 US$ per US$ of GDP 0.0076 constant 2024 US$ per US$ of GDP Madagascar
2010s 0.0062 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 Nicaragua
2020s 0.0069 constant 2024 US$ per US$ of GDP 0.0061 constant 2024 US$ per US$ of GDP 0.0008 constant 2024 US$ per US$ of GDP Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, per unit of gdp, Madagascar or Nicaragua?
Madagascar, at 0.0056 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 Madagascar and Nicaragua?
0.0004 constant 2024 US$ per US$ of GDP, with Madagascar ahead.
How many years of comparable data are there for Madagascar and Nicaragua?
46 years are reported by both, from 1972 to 2025.
How do Madagascar and Nicaragua rank globally for military spending, per unit of gdp?
Madagascar ranks 143rd 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.

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Madagascar 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/madagascar/nicaragua/

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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

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.