Military spending, gaps filled in Nicaragua

Nicaragua: Military spending, gaps filled was 114.56 million constant 2024 US$ in 2025. ◆ Volatile

Latest (2025)
114.56 million constant 2024 US$
Change on year
up 5.5%
World rank
137th
of 162 countries
All-time high
120.86 million constant 2024 US$
in 1990
All-time low
70,855 constant 2024 US$
in 1973
Years of data
46
1972–2025

Military spending, gaps filled in Nicaragua, 1972–2025

025.0M50.0M75.0M100.0M125.0M197219982025

Source: Statizoid (derived). Measured in constant 2024 US$.

Analysis

Nicaragua recorded 114.56 million constant 2024 US$ for military spending, gaps filled in 2025.

The figure is up 5.5% on the previous year and down 4.0% over ten years.

Over the whole period, military spending, gaps filled in Nicaragua peaked at 120.86 million constant 2024 US$ in 1990 and was at its lowest, 70,855 constant 2024 US$, in 1973.

That places Nicaragua 137th out of 162 countries with data for 2025, putting it in the bottom quarter.

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

Military spending, gaps filled in Nicaragua, year by year

Annual values for Military spending, gaps filled in Nicaragua, 1972 to 2025.
Year constant 2024 US$ Change
1972 93,742 constant 2024 US$
1973 70,855 constant 2024 US$ -24.4%
1974 90,381 constant 2024 US$ +27.6%
1975 102,396 constant 2024 US$ +13.3%
1976 136,349 constant 2024 US$ +33.2%
1977 172,930 constant 2024 US$ +26.8%
1978 206,886 constant 2024 US$ +19.6%
1979 137,692 constant 2024 US$ -33.4%
1980 156,813 constant 2024 US$ +13.9%
1981 192,462 constant 2024 US$ +22.7%
1990 120.86 million constant 2024 US$ +62696.8%
1991 100.16 million constant 2024 US$ -17.1%
1992 67.10 million constant 2024 US$ -33.0%
1993 56.61 million constant 2024 US$ -15.6%
1994 57.49 million constant 2024 US$ +1.6%
1995 57.61 million constant 2024 US$ +0.2%
1996 51.79 million constant 2024 US$ -10.1%
1997 51.00 million constant 2024 US$ -1.5%
1998 43.85 million constant 2024 US$ -14.0%
1999 45.10 million constant 2024 US$ +2.9%
2000 51.79 million constant 2024 US$ +14.8%
2001 47.12 million constant 2024 US$ -9.0%
2002 59.80 million constant 2024 US$ +26.9%
2003 61.01 million constant 2024 US$ +2.0%
2004 54.84 million constant 2024 US$ -10.1%
2005 54.95 million constant 2024 US$ +0.2%
2006 57.76 million constant 2024 US$ +5.1%
2007 57.78 million constant 2024 US$ +0.0%
2008 54.72 million constant 2024 US$ -5.3%
2009 54.19 million constant 2024 US$ -1.0%
2010 57.26 million constant 2024 US$ +5.7%
2011 64.65 million constant 2024 US$ +12.9%
2012 86.32 million constant 2024 US$ +33.5%
2013 89.90 million constant 2024 US$ +4.1%
2014 97.21 million constant 2024 US$ +8.1%
2015 119.30 million constant 2024 US$ +22.7%
2016 103.99 million constant 2024 US$ -12.8%
2017 106.81 million constant 2024 US$ +2.7%
2018 101.07 million constant 2024 US$ -5.4%
2019 94.04 million constant 2024 US$ -7.0%
2020 98.00 million constant 2024 US$ +4.2%
2021 92.68 million constant 2024 US$ -5.4%
2022 93.50 million constant 2024 US$ +0.9%
2023 102.95 million constant 2024 US$ +10.1%
2024 108.63 million constant 2024 US$ +5.5%
2025 114.56 million constant 2024 US$ +5.5%

Nicaragua compared with similar countries

  • Nicaragua's 114.56 million constant 2024 US$ is below the median for lower middle income countries, which is 557.82 million constant 2024 US$, 21% of the median. (39 countries reporting)
  • Nicaragua's 114.56 million constant 2024 US$ is below the median for Latin America & Caribbean, which is 575.75 million constant 2024 US$, 20% of the median. (22 countries reporting)

Biggest year-on-year movements

Years where Military spending, gaps filled 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
1990 +62696.8% 192,462 constant 2024 US$ 120.86 million constant 2024 US$

Averages by decade

DecadeAverage LowestHighest Years
1970s 126,404 constant 2024 US$ 70,855 constant 2024 US$ 206,886 constant 2024 US$ 8
1980s 174,638 constant 2024 US$ 156,813 constant 2024 US$ 192,462 constant 2024 US$ 2
1990s 65.16 million constant 2024 US$ 43.85 million constant 2024 US$ 120.86 million constant 2024 US$ 10
2000s 55.40 million constant 2024 US$ 47.12 million constant 2024 US$ 61.01 million constant 2024 US$ 10
2010s 92.05 million constant 2024 US$ 57.26 million constant 2024 US$ 119.30 million constant 2024 US$ 10
2020s 101.72 million constant 2024 US$ 92.68 million constant 2024 US$ 114.56 million constant 2024 US$ 6

Countries ranked near Nicaragua

  1. 134 Zimbabwe 133.49 million constant 2024 US$ compare
  2. 135 Malawi 127.88 million constant 2024 US$ compare
  3. 136 Malta 116.81 million constant 2024 US$ compare
  4. 138 Equatorial Guinea 112.50 million constant 2024 US$ compare
  5. 139 Madagascar 110.60 million constant 2024 US$ compare
  6. 140 Papua New Guinea 109.46 million constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is military spending, gaps filled in Nicaragua?
Military spending, gaps filled in Nicaragua was 114.56 million constant 2024 US$ in 2025, according to Statizoid (derived).
What is the highest military spending, gaps filled recorded in Nicaragua?
The highest recorded value was 120.86 million constant 2024 US$ in 1990.
What is the lowest military spending, gaps filled recorded in Nicaragua?
The lowest recorded value was 70,855 constant 2024 US$ in 1973.
How does Nicaragua rank for military spending, gaps filled?
Nicaragua ranks 137th out of 162 countries with data for 2025.
Is military spending, gaps filled rising or falling in Nicaragua?
Over the last ten years it is down 4.0%. 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, gaps filled. Statizoid updates them automatically from the source API.

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

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How this figure is calculated

Military spending with 108 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

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, gaps filled
Unit
constant 2024 US$
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
162 places, 8,449 data points, 1949–2025
Last refreshed

Military spending with 108 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.