Military spending per armed forces personnel in Nicaragua
Nicaragua: Military spending per armed forces personnel was 8,167 constant 2024 US$ in 2020. ▲ Rising
Military spending per armed forces personnel in Nicaragua, 1990–2020
Source: Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data. Measured in constant 2024 US$.
Analysis
Nicaragua recorded 8,167 constant 2024 US$ for military spending per armed forces personnel in 2020.
That represents a change of up 4.2% on the previous year and up 71.2% over ten years.
Over the whole period, military spending per armed forces personnel in Nicaragua peaked at 9,942 constant 2024 US$ in 2015 and was at its lowest, 2,579 constant 2024 US$, in 1998.
That places Nicaragua 131st out of 160 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3,792 constant 2024 US$ | 2,579 constant 2024 US$ | 5,008 constant 2024 US$ | 10 |
| 2000s | 3,998 constant 2024 US$ | 2,945 constant 2024 US$ | 4,560 constant 2024 US$ | 10 |
| 2010s | 7,671 constant 2024 US$ | 4,771 constant 2024 US$ | 9,942 constant 2024 US$ | 10 |
| 2020s | 8,167 constant 2024 US$ | 8,167 constant 2024 US$ | 8,167 constant 2024 US$ | 1 |
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 2 (2025)
- Consumer price index 226.4 2010 = 100 (2025)
- Winter temperature anomalies 0.5762 °C (2025)
- Autumn temperature anomalies 0.7081 °C (2025)
- Universal right to vote in practice 2 (2025)
- Democracy 1 (2025)
- Civil liberties rating 6 (2025)
Frequently asked questions
- What is military spending per armed forces personnel in Nicaragua?
- Military spending per armed forces personnel in Nicaragua was 8,167 constant 2024 US$ in 2020, according to Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data.
- What is the highest military spending per armed forces personnel recorded in Nicaragua?
- The highest recorded value was 9,942 constant 2024 US$ in 2015.
- What is the lowest military spending per armed forces personnel recorded in Nicaragua?
- The lowest recorded value was 2,579 constant 2024 US$ in 1998.
- How does Nicaragua rank for military spending per armed forces personnel?
- Nicaragua ranks 131st out of 160 countries with data for 2020.
- Is military spending per armed forces personnel rising or falling in Nicaragua?
- Over the last ten years it is up 71.2%. The long-run trend across the full record is rising.
- Where does this Nicaragua data come from?
- The figures come from Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data, published as part of Military spending per armed forces personnel. Statizoid updates them automatically from the source API.
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CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total military expenditure divided by armed forces personnel. 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.