Military spending, per capita in Nicaragua

Nicaragua: Military spending, per capita was 16.22 constant 2022 US$ per person in 2023. ◆ Volatile

Latest (2023)
16.22 constant 2022 US$ per person
Change on year
up 8.5%
World rank
146th
of 171 countries
All-time high
310.43 constant 2022 US$ per person
in 1986
All-time low
8.4 constant 2022 US$ per person
in 2006
Years of data
64
1960–2023

Military spending, per capita in Nicaragua, 1960–2023

0100200300196019912023

Source: Statizoid (derived). Measured in constant 2022 US$ per person.

Analysis

The most recent figure for military spending, per capita in Nicaragua is 16.22 constant 2022 US$ per person, measured in 2023.

The figure is up 8.5% on the previous year and up 10.2% over ten years.

Over the whole period, military spending, per capita in Nicaragua peaked at 310.43 constant 2022 US$ per person in 1986 and was at its lowest, 8.4 constant 2022 US$ per person, in 2006.

Nicaragua ranks 146th of 171 countries on this measure, in the bottom quarter.

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

Military spending, per capita in Nicaragua, year by year

Annual values for Military spending, per capita in Nicaragua, 1960 to 2023.
Year constant 2022 US$ per person Change
1960 28.14 constant 2022 US$ per person
1961 28.79 constant 2022 US$ per person +2.3%
1962 30.11 constant 2022 US$ per person +4.6%
1963 29.51 constant 2022 US$ per person -2.0%
1964 29.61 constant 2022 US$ per person +0.3%
1965 30.54 constant 2022 US$ per person +3.1%
1966 29.87 constant 2022 US$ per person -2.2%
1967 31.35 constant 2022 US$ per person +4.9%
1968 29.53 constant 2022 US$ per person -5.8%
1969 28.64 constant 2022 US$ per person -3.0%
1970 28.78 constant 2022 US$ per person +0.5%
1971 29.36 constant 2022 US$ per person +2.0%
1972 25.29 constant 2022 US$ per person -13.9%
1973 25.4 constant 2022 US$ per person +0.4%
1974 26.78 constant 2022 US$ per person +5.4%
1975 31.57 constant 2022 US$ per person +17.9%
1976 34.14 constant 2022 US$ per person +8.1%
1977 34.87 constant 2022 US$ per person +2.1%
1978 35.45 constant 2022 US$ per person +1.7%
1979 28.95 constant 2022 US$ per person -18.3%
1980 34.77 constant 2022 US$ per person +20.1%
1981 63.94 constant 2022 US$ per person +83.9%
1982 133.11 constant 2022 US$ per person +108.2%
1983 167.35 constant 2022 US$ per person +25.7%
1984 251.37 constant 2022 US$ per person +50.2%
1985 262.71 constant 2022 US$ per person +4.5%
1986 310.43 constant 2022 US$ per person +18.2%
1987 98.03 constant 2022 US$ per person -68.4%
1988 65.72 constant 2022 US$ per person -33.0%
1989 65.49 constant 2022 US$ per person -0.3%
1990 162.25 constant 2022 US$ per person +147.7%
1991 41.54 constant 2022 US$ per person -74.4%
1992 32.74 constant 2022 US$ per person -21.2%
1993 24.66 constant 2022 US$ per person -24.7%
1994 15.73 constant 2022 US$ per person -36.2%
1995 13.64 constant 2022 US$ per person -13.3%
1996 11.9 constant 2022 US$ per person -12.8%
1997 10.97 constant 2022 US$ per person -7.8%
1998 9.91 constant 2022 US$ per person -9.6%
1999 8.57 constant 2022 US$ per person -13.5%
2000 9.12 constant 2022 US$ per person +6.4%
2001 9.2 constant 2022 US$ per person +0.9%
2002 9.28 constant 2022 US$ per person +0.8%
2003 8.93 constant 2022 US$ per person -3.7%
2004 9.05 constant 2022 US$ per person +1.3%
2005 8.55 constant 2022 US$ per person -5.5%
2006 8.4 constant 2022 US$ per person -1.8%
2007 8.52 constant 2022 US$ per person +1.5%
2008 9.02 constant 2022 US$ per person +5.8%
2009 8.91 constant 2022 US$ per person -1.2%
2010 9.67 constant 2022 US$ per person +8.5%
2011 10.88 constant 2022 US$ per person +12.5%
2012 13 constant 2022 US$ per person +19.6%
2013 14.72 constant 2022 US$ per person +13.2%
2014 15.82 constant 2022 US$ per person +7.4%
2015 14.86 constant 2022 US$ per person -6.0%
2016 14.11 constant 2022 US$ per person -5.1%
2017 16.43 constant 2022 US$ per person +16.5%
2018 15.81 constant 2022 US$ per person -3.8%
2019 15.98 constant 2022 US$ per person +1.1%
2020 15.25 constant 2022 US$ per person -4.6%
2021 15.15 constant 2022 US$ per person -0.7%
2022 14.96 constant 2022 US$ per person -1.3%
2023 16.22 constant 2022 US$ per person +8.5%

Nicaragua compared with similar countries

  • Nicaragua's 16.22 constant 2022 US$ per person is below the median for lower middle income countries, which is 35.33 constant 2022 US$ per person, 46% of the median. (42 countries reporting)
  • Nicaragua's 16.22 constant 2022 US$ per person is below the median for Latin America & Caribbean, which is 98.1 constant 2022 US$ per person, 17% of the median. (27 countries reporting)

Biggest year-on-year movements

Years where Military spending, per capita 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 +147.7% 65.49 constant 2022 US$ per person 162.25 constant 2022 US$ per person
1982 +108.2% 63.94 constant 2022 US$ per person 133.11 constant 2022 US$ per person
1981 +83.9% 34.77 constant 2022 US$ per person 63.94 constant 2022 US$ per person
1991 -74.4% 162.25 constant 2022 US$ per person 41.54 constant 2022 US$ per person
1987 -68.4% 310.43 constant 2022 US$ per person 98.03 constant 2022 US$ per person

Averages by decade

DecadeAverage LowestHighest Years
1960s 29.61 constant 2022 US$ per person 28.14 constant 2022 US$ per person 31.35 constant 2022 US$ per person 10
1970s 30.06 constant 2022 US$ per person 25.29 constant 2022 US$ per person 35.45 constant 2022 US$ per person 10
1980s 145.29 constant 2022 US$ per person 34.77 constant 2022 US$ per person 310.43 constant 2022 US$ per person 10
1990s 33.19 constant 2022 US$ per person 8.57 constant 2022 US$ per person 162.25 constant 2022 US$ per person 10
2000s 8.9 constant 2022 US$ per person 8.4 constant 2022 US$ per person 9.28 constant 2022 US$ per person 10
2010s 14.13 constant 2022 US$ per person 9.67 constant 2022 US$ per person 16.43 constant 2022 US$ per person 10
2020s 15.39 constant 2022 US$ per person 14.96 constant 2022 US$ per person 16.22 constant 2022 US$ per person 4

Countries ranked near Nicaragua

  1. 143 Nigeria 17.84 constant 2022 US$ per person compare
  2. 144 Tajikistan 17.11 constant 2022 US$ per person compare
  3. 145 Sudan 16.85 constant 2022 US$ per person compare
  4. 147 Rwanda 15.63 constant 2022 US$ per person compare
  5. 148 Tanzania 15.5 constant 2022 US$ per person compare
  6. 149 Afghanistan 14.29 constant 2022 US$ per person compare

See the full ranking of 171 places →

More reference data data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is military spending, per capita in Nicaragua?
Military spending, per capita in Nicaragua was 16.22 constant 2022 US$ per person in 2023, according to Statizoid (derived).
What is the highest military spending, per capita recorded in Nicaragua?
The highest recorded value was 310.43 constant 2022 US$ per person in 1986.
What is the lowest military spending, per capita recorded in Nicaragua?
The lowest recorded value was 8.4 constant 2022 US$ per person in 2006.
How does Nicaragua rank for military spending, per capita?
Nicaragua ranks 146th out of 171 countries with data for 2023.
Is military spending, per capita rising or falling in Nicaragua?
Over the last ten years it is up 10.2%. 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, per capita. Statizoid updates them automatically from the source API.

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Military spending, per capita in Nicaragua. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-capita-2/nicaragua/

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How this figure is calculated

Military spending divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military spending ÷ Population, total

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, per capita
Unit
constant 2022 US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
171 places, 9,593 data points, 1960–2023
Last refreshed

Military spending divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.