Military spending, annual growth rate in Nicaragua

Nicaragua: Military spending, annual growth rate was 9.98 % change on previous year in 2023. ◆ Volatile

Latest (2023)
9.98 % change on previous year
Change on year
up 502,610.0%
World rank
43rd
of 172 countries
All-time high
160 % change on previous year
in 1945
All-time low
-73.8 % change on previous year
in 1991
Years of data
123
1901–2023

Military spending, annual growth rate in Nicaragua, 1901–2023

-50050100150190119622023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Nicaragua recorded 9.98 % change on previous year for military spending, annual growth rate in 2023.

Compared with earlier readings it is up 502,610.0% on the previous year and down 32.4% over ten years.

Over the whole period, military spending, annual growth rate in Nicaragua peaked at 160 % change on previous year in 1945 and was at its lowest, -73.8 % change on previous year, in 1991.

Nicaragua ranks 43rd of 172 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending, annual growth rate in Nicaragua, year by year

Annual values for Military spending, annual growth rate in Nicaragua, 1901 to 2023.
Year % change on previous year Change
1901 -9.3 % change on previous year
1902 1.33 % change on previous year -114.3%
1903 2.38 % change on previous year +79.4%
1904 -10.47 % change on previous year -540.0%
1905 -10.43 % change on previous year -0.4%
1906 -5.46 % change on previous year -47.7%
1907 -14.15 % change on previous year +159.3%
1908 -4.17 % change on previous year -70.5%
1909 -9.79 % change on previous year +134.9%
1910 -11.07 % change on previous year +13.1%
1911 -12.4 % change on previous year +12.0%
1912 -7.28 % change on previous year -41.3%
1913 -1.8 % change on previous year -75.3%
1914 -33.61 % change on previous year +1768.8%
1915 1.42 % change on previous year -104.2%
1916 -16.17 % change on previous year -1242.6%
1917 -25.21 % change on previous year +55.9%
1918 -16.93 % change on previous year -32.8%
1919 -28.36 % change on previous year +67.5%
1920 -30.78 % change on previous year +8.5%
1921 2.07 % change on previous year -106.7%
1922 -10.69 % change on previous year -615.5%
1923 10.83 % change on previous year -201.3%
1924 13.81 % change on previous year +27.5%
1925 14.38 % change on previous year +4.2%
1926 5.24 % change on previous year -63.6%
1927 -2.01 % change on previous year -138.4%
1928 -1.7 % change on previous year -15.3%
1929 17.62 % change on previous year -1135.2%
1930 -1.88 % change on previous year -110.7%
1931 -4.99 % change on previous year +165.5%
1932 -6.92 % change on previous year +38.8%
1933 -13.32 % change on previous year +92.5%
1934 20.19 % change on previous year -251.5%
1935 -4.47 % change on previous year -122.1%
1936 -4.25 % change on previous year -5.0%
1937 -11.06 % change on previous year +160.5%
1938 139.23 % change on previous year -1358.5%
1939 40.76 % change on previous year -70.7%
1940 39.36 % change on previous year -3.4%
1941 28.77 % change on previous year -26.9%
1942 22.93 % change on previous year -20.3%
1943 14.37 % change on previous year -37.3%
1944 24.73 % change on previous year +72.1%
1945 160 % change on previous year +547.1%
1946 45.41 % change on previous year -71.6%
1947 22.83 % change on previous year -49.7%
1948 25.7 % change on previous year +12.5%
1949 38.99 % change on previous year +51.7%
1950 14.42 % change on previous year -63.0%
1951 -6.92 % change on previous year -148.0%
1952 3.56 % change on previous year -151.5%
1953 2.81 % change on previous year -21.1%
1954 -3.9 % change on previous year -239.1%
1955 -6.98 % change on previous year +78.9%
1956 -18.5 % change on previous year +164.9%
1957 -24.35 % change on previous year +31.6%
1958 -18.72 % change on previous year -23.1%
1959 -5.66 % change on previous year -69.8%
1960 3.66 % change on previous year -164.7%
1961 5.4 % change on previous year +47.5%
1962 7.77 % change on previous year +43.9%
1963 1.01 % change on previous year -87.0%
1964 3.44 % change on previous year +240.2%
1965 6.34 % change on previous year +84.4%
1966 0.8899 % change on previous year -86.0%
1967 8.27 % change on previous year +829.7%
1968 -2.82 % change on previous year -134.1%
1969 0.09 % change on previous year -103.2%
1970 3.7 % change on previous year +4010.5%
1971 5.25 % change on previous year +41.8%
1972 -11.34 % change on previous year -316.0%
1973 3.39 % change on previous year -129.9%
1974 8.75 % change on previous year +157.9%
1975 21.54 % change on previous year +146.3%
1976 11.47 % change on previous year -46.8%
1977 5.27 % change on previous year -54.0%
1978 4.63 % change on previous year -12.0%
1979 -16.1 % change on previous year -447.3%
1980 23.45 % change on previous year -245.6%
1981 89.14 % change on previous year +280.2%
1982 113.98 % change on previous year +27.9%
1983 29.07 % change on previous year -74.5%
1984 53.98 % change on previous year +85.7%
1985 7.03 % change on previous year -87.0%
1986 20.96 % change on previous year +198.0%
1987 -67.69 % change on previous year -422.9%
1988 -31.4 % change on previous year -53.6%
1989 2.01 % change on previous year -106.4%
1990 153.6 % change on previous year +7527.4%
1991 -73.8 % change on previous year -148.0%
1992 -19.38 % change on previous year -73.7%
1993 -23.02 % change on previous year +18.8%
1994 -34.82 % change on previous year +51.2%
1995 -11.51 % change on previous year -67.0%
1996 -11.17 % change on previous year -2.9%
1997 -6.23 % change on previous year -44.2%
1998 -8.23 % change on previous year +32.1%
1999 -12.3 % change on previous year +49.4%
2000 7.88 % change on previous year -164.1%
2001 2.18 % change on previous year -72.3%
2002 2.07 % change on previous year -5.2%
2003 -2.54 % change on previous year -223.0%
2004 2.48 % change on previous year -197.5%
2005 -4.27 % change on previous year -271.9%
2006 -0.3822 % change on previous year -91.0%
2007 2.96 % change on previous year -874.2%
2008 7.35 % change on previous year +148.3%
2009 0.1682 % change on previous year -97.7%
2010 10.09 % change on previous year +5900.6%
2011 14.12 % change on previous year +39.9%
2012 21.24 % change on previous year +50.4%
2013 14.78 % change on previous year -30.4%
2014 8.93 % change on previous year -39.6%
2015 -4.76 % change on previous year -153.3%
2016 -3.79 % change on previous year -20.4%
2017 18.02 % change on previous year -575.7%
2018 -2.48 % change on previous year -113.8%
2019 2.39 % change on previous year -196.2%
2020 -3.36 % change on previous year -241.0%
2021 0.5474 % change on previous year -116.3%
2022 -0.002 % change on previous year -100.4%
2023 9.98 % change on previous year -502609.5%

Nicaragua compared with similar countries

  • Nicaragua's 9.98 % change on previous year is above the median for lower middle income countries, which is 4.39 % change on previous year, 2.3× the median. (42 countries reporting)
  • Nicaragua's 9.98 % change on previous year is above the median for Latin America & Caribbean, which is 4.34 % change on previous year, 2.3× the median. (27 countries reporting)

Biggest year-on-year movements

Years where Military spending, annual growth rate in Nicaragua changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2023 +502609.5% -0.002 % change on previous year 9.98 % change on previous year
1990 +7527.4% 2.01 % change on previous year 153.6 % change on previous year
2010 +5900.6% 0.1682 % change on previous year 10.09 % change on previous year
1970 +4010.5% 0.09 % change on previous year 3.7 % change on previous year
1914 -1768.8% -1.8 % change on previous year -33.61 % change on previous year
1938 +1358.5% -11.06 % change on previous year 139.23 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1900s -6.67 % change on previous year -14.15 % change on previous year 2.38 % change on previous year 9
1910s -15.14 % change on previous year -33.61 % change on previous year 1.42 % change on previous year 10
1920s 1.88 % change on previous year -30.78 % change on previous year 17.62 % change on previous year 10
1930s 15.33 % change on previous year -13.32 % change on previous year 139.23 % change on previous year 10
1940s 42.31 % change on previous year 14.37 % change on previous year 160 % change on previous year 10
1950s -6.42 % change on previous year -24.35 % change on previous year 14.42 % change on previous year 10
1960s 3.4 % change on previous year -2.82 % change on previous year 8.27 % change on previous year 10
1970s 3.66 % change on previous year -16.1 % change on previous year 21.54 % change on previous year 10
1980s 24.05 % change on previous year -67.69 % change on previous year 113.98 % change on previous year 10
1990s -4.69 % change on previous year -73.8 % change on previous year 153.6 % change on previous year 10
2000s 1.79 % change on previous year -4.27 % change on previous year 7.88 % change on previous year 10
2010s 7.85 % change on previous year -4.76 % change on previous year 21.24 % change on previous year 10
2020s 1.79 % change on previous year -3.36 % change on previous year 9.98 % change on previous year 4

Countries ranked near Nicaragua

  1. 40 Somalia 10.07 % change on previous year compare
  2. 41 Luxembourg 10.04 % change on previous year compare
  3. 42 Portugal 10.03 % change on previous year compare
  4. 44 Ethiopia 9.75 % change on previous year compare
  5. 45 North Korea 9.69 % change on previous year compare
  6. 46 Peru 9.58 % change on previous year compare

See the full ranking of 172 places →

More reference data data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is military spending, annual growth rate in Nicaragua?
Military spending, annual growth rate in Nicaragua was 9.98 % change on previous year in 2023, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in Nicaragua?
The highest recorded value was 160 % change on previous year in 1945.
What is the lowest military spending, annual growth rate recorded in Nicaragua?
The lowest recorded value was -73.8 % change on previous year in 1991.
How does Nicaragua rank for military spending, annual growth rate?
Nicaragua ranks 43rd out of 172 countries with data for 2023.
Is military spending, annual growth rate rising or falling in Nicaragua?
Over the last ten years it is down 32.4%. The long-run trend across the full record is volatile.
Where does this Nicaragua data come from?
The figures come from Statizoid (derived), published as part of Military spending, annual growth rate. Statizoid updates them automatically from the source API.

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Military spending, annual growth rate in Nicaragua. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/nicaragua/

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<a href="https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/nicaragua/">Military spending, annual growth rate in Nicaragua</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military spending, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 15,188 data points, 1817–2023
Last refreshed

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.