Madagascar vs Nicaragua: Military spending
Madagascar
110.60 million constant 2024 US$
in 2025
Nicaragua
114.56 million constant 2024 US$
in 2025
Madagascar rank
139th
Nicaragua rank
137th
Military spending over time
- Madagascar
- Nicaragua
How they compare
Nicaragua currently reports 114.56 million constant 2024 US$ against 110.60 million constant 2024 US$ in Madagascar, a difference of 3.96 million constant 2024 US$.
The two have swapped places 5 times across 46 shared years of data; in 1972 it was Madagascar ahead.
Madagascar ranks 139th and Nicaragua ranks 137th of 162 countries.
Across the 6 decades both report, Madagascar averaged higher in 5 and Nicaragua in 1.
Head to head by decade
| Decade | Madagascar | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 91.51 million constant 2024 US$ | 126,404 constant 2024 US$ | 91.39 million constant 2024 US$ | Madagascar |
| 1980s | 132.64 million constant 2024 US$ | 174,638 constant 2024 US$ | 132.47 million constant 2024 US$ | Madagascar |
| 1990s | 79.50 million constant 2024 US$ | 65.16 million constant 2024 US$ | 14.34 million constant 2024 US$ | Madagascar |
| 2000s | 105.04 million constant 2024 US$ | 55.40 million constant 2024 US$ | 49.64 million constant 2024 US$ | Madagascar |
| 2010s | 75.40 million constant 2024 US$ | 92.05 million constant 2024 US$ | 16.65 million constant 2024 US$ | Nicaragua |
| 2020s | 108.80 million constant 2024 US$ | 101.72 million constant 2024 US$ | 7.08 million constant 2024 US$ | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military spending, Madagascar or Nicaragua?
- Nicaragua, at 114.56 million constant 2024 US$ against 110.60 million constant 2024 US$ in Madagascar as of 2025.
- What is the difference in military spending between Madagascar and Nicaragua?
- 3.96 million constant 2024 US$, with Nicaragua 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?
- Madagascar ranks 139th and Nicaragua ranks 137th of 162 countries.
- Where does this data come from?
- Stockholm International Peace Research Institute (2026) – 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.
Individual pages
About this data
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.