Military spending per armed forces personnel in Nicaragua

Nicaragua: Military spending per armed forces personnel was 8,167 in 2020. ▲ Rising

Latest (2020)
8,167
Change on year
up 4.2%
World rank
131st
of 160 countries
All-time high
9,942
in 2015
All-time low
2,579
in 1998
Years of data
31
1990–2020

Military spending per armed forces personnel in Nicaragua, 1990–2020

2.0k4.0k6.0k8.0k10.0k1990200520201990: 4.3k1991: 5.0k1992: 4.5k1993: 3.8k1994: 4.1k1995: 4.8k1996: 3.0k1997: 3.0k1998: 2.6k1999: 2.8k2000: 3.2k2001: 2.9k2002: 4.3k2003: 4.4k2004: 3.9k2005: 3.9k2006: 4.1k2007: 4.1k2008: 4.6k2009: 4.5k2010: 4.8k2011: 5.4k2012: 7.2k2013: 7.5k2014: 8.1k2015: 9.9k2016: 8.7k2017: 8.9k2018: 8.4k2019: 7.8k2020: 8.2k

Source: Our World in Data.

Analysis

Nicaragua recorded 8,167 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 in 2015 and was at its lowest, 2,579, 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.

Military spending per armed forces personnel in Nicaragua, year by year

Annual values for Military spending per armed forces personnel in Nicaragua, 1990 to 2020.
Year Value Change
1990 4,316 —
1991 5,008 +16.0%
1992 4,473 -10.7%
1993 3,774 -15.6%
1994 4,106 +8.8%
1995 4,801 +16.9%
1996 3,046 -36.5%
1997 3,000 -1.5%
1998 2,579 -14.0%
1999 2,819 +9.3%
2000 3,237 +14.8%
2001 2,945 -9.0%
2002 4,271 +45.0%
2003 4,358 +2.0%
2004 3,917 -10.1%
2005 3,925 +0.2%
2006 4,126 +5.1%
2007 4,127 +0.0%
2008 4,560 +10.5%
2009 4,516 -1.0%
2010 4,771 +5.7%
2011 5,387 +12.9%
2012 7,193 +33.5%
2013 7,492 +4.1%
2014 8,101 +8.1%
2015 9,942 +22.7%
2016 8,666 -12.8%
2017 8,901 +2.7%
2018 8,423 -5.4%
2019 7,837 -7.0%
2020 8,167 +4.2%

Nicaragua compared with similar countries

  • Nicaragua's 8,167 is below the median for lower middle income countries, which is 15,998, 51% of the median. (39 countries reporting)
  • Nicaragua's 8,167 is below the median for Latin America & Caribbean, which is 23,332, 35% of the median. (22 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 3,792 2,579 5,008 10
2000s 3,998 2,945 4,560 10
2010s 7,671 4,771 9,942 10
2020s 8,167 8,167 8,167 1

Countries ranked near Nicaragua

  1. 128 Somalia 8,776 compare
  2. 129 Chad 8,628 compare
  3. 130 Montenegro 8,523 compare
  4. 132 Bolivia 7,874 compare
  5. 133 Myanmar 7,191 compare
  6. 134 Guinea-Bissau 7,109 compare

See the full ranking of 160 places →

More reference data data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is military spending per armed forces personnel in Nicaragua?
Military spending per armed forces personnel in Nicaragua was 8,167 in 2020, according to Our World in Data.
What is the highest military spending per armed forces personnel recorded in Nicaragua?
The highest recorded value was 9,942 in 2015.
What is the lowest military spending per armed forces personnel recorded in Nicaragua?
The lowest recorded value was 2,579 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 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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Military spending per armed forces personnel in Nicaragua. Statizoid, drawing on Our World in Data. Retrieved 15 November 2026, from https://reference.statizoid.com/stat/military-spending-per-armed-forces-personnel/nicaragua/

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About this data

Indicator
Military spending per armed forces personnel
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
160 places, 4,610 data points, 1985–2020
Last refreshed