Nicaragua vs Zimbabwe: Military spending

Nicaragua
114.56 million constant 2024 US$
in 2025
Zimbabwe
133.49 million constant 2024 US$
in 2025
Nicaragua rank
137th
Zimbabwe rank
134th

Military spending over time

  • Nicaragua
  • Zimbabwe
050.0M100.0M150.0M200.0M197219982025

How they compare

Zimbabwe currently reports 133.49 million constant 2024 US$ against 114.56 million constant 2024 US$ in Nicaragua, a difference of 18.93 million constant 2024 US$.

That makes Zimbabwe's figure about 1.2 times Nicaragua's.

The two have swapped places 6 times across 35 shared years of data; in 1980 it was Zimbabwe ahead.

Nicaragua ranks 137th and Zimbabwe ranks 134th of 162 countries.

Across the 5 decades both report, Nicaragua averaged higher in 2 and Zimbabwe in 3.

Head to head by decade

Decade Nicaragua Zimbabwe Difference Ahead
1980s 174,638 constant 2024 US$ 34.48 million constant 2024 US$ 34.31 million constant 2024 US$ Zimbabwe
1990s 65.16 million constant 2024 US$ 31.11 million constant 2024 US$ 34.05 million constant 2024 US$ Nicaragua
2000s 55.33 million constant 2024 US$ 72.74 million constant 2024 US$ 17.41 million constant 2024 US$ Zimbabwe
2010s 92.05 million constant 2024 US$ 71.76 million constant 2024 US$ 20.30 million constant 2024 US$ Nicaragua
2020s 101.72 million constant 2024 US$ 127.84 million constant 2024 US$ 26.12 million constant 2024 US$ Zimbabwe

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Nicaragua or Zimbabwe?
Zimbabwe, at 133.49 million constant 2024 US$ against 114.56 million constant 2024 US$ in Nicaragua as of 2025.
What is the difference in military spending between Nicaragua and Zimbabwe?
18.93 million constant 2024 US$, with Zimbabwe ahead.
How many years of comparable data are there for Nicaragua and Zimbabwe?
35 years are reported by both, from 1980 to 2025.
How do Nicaragua and Zimbabwe rank globally for military spending?
Nicaragua ranks 137th and Zimbabwe ranks 134th 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

Indicator
Military spending
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
162 places, 8,341 data points, 1949–2025
Last refreshed

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.