{"entity":{"iso2":"NI","iso3":"NIC","name":"Nicaragua","slug":"nicaragua"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"military-spending-per-armed-forces-personnel","source":"Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/military-spending-per-armed-forces-personnel","title":"Military spending per armed forces personnel","unit":"constant 2024 US$"},"observations":[{"date":"1990-01-01","value":4316.45},{"date":"1991-01-01","value":5007.95},{"date":"1992-01-01","value":4473.18},{"date":"1993-01-01","value":3774.14},{"date":"1994-01-01","value":4106.45},{"date":"1995-01-01","value":4800.6},{"date":"1996-01-01","value":3046.49},{"date":"1997-01-01","value":2999.9},{"date":"1998-01-01","value":2579.48},{"date":"1999-01-01","value":2818.93},{"date":"2000-01-01","value":3237.17},{"date":"2001-01-01","value":2944.98},{"date":"2002-01-01","value":4271.45},{"date":"2003-01-01","value":4357.9},{"date":"2004-01-01","value":3917.4},{"date":"2005-01-01","value":3924.86},{"date":"2006-01-01","value":4125.83},{"date":"2007-01-01","value":4127.0},{"date":"2008-01-01","value":4560.05},{"date":"2009-01-01","value":4516.04},{"date":"2010-01-01","value":4771.43},{"date":"2011-01-01","value":5387.19},{"date":"2012-01-01","value":7193.09},{"date":"2013-01-01","value":7491.53},{"date":"2014-01-01","value":8101.11},{"date":"2015-01-01","value":9941.93},{"date":"2016-01-01","value":8665.52},{"date":"2017-01-01","value":8900.79},{"date":"2018-01-01","value":8422.71},{"date":"2019-01-01","value":7836.7},{"date":"2020-01-01","value":8166.75}],"summary":{"latest_period":"2020-01-01","latest_value":8166.75,"max":9941.93,"mean":5251.13,"min":2579.48,"of":160,"rank":131,"trend":"rising"}}