Military spending in Nicaragua
Nicaragua: Military spending was 110.71 million constant 2022 US$ in 2023. ◆ Volatile
Military spending in Nicaragua, 1900–2023
Source: Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.
Analysis
The most recent figure for military spending in Nicaragua is 110.71 million constant 2022 US$, measured in 2023.
Compared with earlier readings it is up 10.0% on the previous year and up 25.7% over ten years.
Over the whole period, military spending in Nicaragua peaked at 1.18 billion constant 2022 US$ in 1986 and was at its lowest, 928,510 constant 2022 US$, in 1922.
Nicaragua ranks 147th of 172 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1900s | 12.18 million constant 2022 US$ | 8.26 million constant 2022 US$ | 15.60 million constant 2022 US$ | 10 |
| 1910s | 4.27 million constant 2022 US$ | 1.47 million constant 2022 US$ | 7.35 million constant 2022 US$ | 10 |
| 1920s | 1.23 million constant 2022 US$ | 928,510 constant 2022 US$ | 1.60 million constant 2022 US$ | 10 |
| 1930s | 1.77 million constant 2022 US$ | 1.17 million constant 2022 US$ | 3.96 million constant 2022 US$ | 10 |
| 1940s | 35.46 million constant 2022 US$ | 5.51 million constant 2022 US$ | 100.98 million constant 2022 US$ | 10 |
| 1950s | 90.76 million constant 2022 US$ | 48.39 million constant 2022 US$ | 115.55 million constant 2022 US$ | 10 |
| 1960s | 60.79 million constant 2022 US$ | 50.16 million constant 2022 US$ | 69.15 million constant 2022 US$ | 10 |
| 1970s | 84.20 million constant 2022 US$ | 65.08 million constant 2022 US$ | 109.20 million constant 2022 US$ | 10 |
| 1980s | 534.47 million constant 2022 US$ | 113.10 million constant 2022 US$ | 1.18 billion constant 2022 US$ | 10 |
| 1990s | 143.96 million constant 2022 US$ | 42.46 million constant 2022 US$ | 675.36 million constant 2022 US$ | 10 |
| 2000s | 47.34 million constant 2022 US$ | 45.50 million constant 2022 US$ | 50.38 million constant 2022 US$ | 10 |
| 2010s | 86.74 million constant 2022 US$ | 55.46 million constant 2022 US$ | 103.76 million constant 2022 US$ | 10 |
| 2020s | 103.04 million constant 2022 US$ | 100.11 million constant 2022 US$ | 110.71 million constant 2022 US$ | 4 |
Countries ranked near Nicaragua
More reference data data for Nicaragua
- Spring temperature anomalies 0.334 °C (2026)
- Summer temperature anomalies 1.09 °C (2026)
- Temperature anomalies by month 0.2273 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 0.7081 °C (2025)
- Winter temperature anomalies 0.5762 °C (2025)
- Consumer price index 226.4 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 0 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is military spending in Nicaragua?
- Military spending in Nicaragua was 110.71 million constant 2022 US$ in 2023, according to Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
- What is the highest military spending recorded in Nicaragua?
- The highest recorded value was 1.18 billion constant 2022 US$ in 1986.
- What is the lowest military spending recorded in Nicaragua?
- The lowest recorded value was 928,510 constant 2022 US$ in 1922.
- How does Nicaragua rank for military spending?
- Nicaragua ranks 147th out of 172 countries with data for 2023.
- Is military spending rising or falling in Nicaragua?
- Over the last ten years it is up 25.7%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 124 observations, free to reuse under CC BY 4.0 (Our World in Data).
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.