Military spending, per capita in Nicaragua

Nicaragua: Military spending, per capita was 16.35 constant 2024 US$ per person in 2025. ◆ Volatile

Latest (2025)
16.35 constant 2024 US$ per person
Change on year
up 4.1%
World rank
131st
of 161 countries
All-time high
29.04 constant 2024 US$ per person
in 1990
All-time low
0.0267 constant 2024 US$ per person
in 1973
Years of data
46
1972–2025

Military spending, per capita in Nicaragua, 1972–2025

0102030197219982025

Source: Statizoid (derived). Measured in constant 2024 US$ per person.

Analysis

In 2025, military spending, per capita in Nicaragua stood at 16.35 constant 2024 US$ per person.

The figure is up 4.1% on the previous year and down 15.7% over ten years.

Over the whole period, military spending, per capita in Nicaragua peaked at 29.04 constant 2024 US$ per person in 1990 and was at its lowest, 0.0267 constant 2024 US$ per person, in 1973.

That places Nicaragua 131st out of 161 countries with data for 2025, putting it 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, 1972 to 2025.
Year constant 2024 US$ per person Change
1972 0.0364 constant 2024 US$ per person
1973 0.0267 constant 2024 US$ per person -26.6%
1974 0.0331 constant 2024 US$ per person +23.7%
1975 0.0364 constant 2024 US$ per person +9.9%
1976 0.047 constant 2024 US$ per person +29.2%
1977 0.0578 constant 2024 US$ per person +23.1%
1978 0.0672 constant 2024 US$ per person +16.2%
1979 0.0435 constant 2024 US$ per person -35.2%
1980 0.0482 constant 2024 US$ per person +10.8%
1981 0.0575 constant 2024 US$ per person +19.3%
1990 29.04 constant 2024 US$ per person +50373.1%
1991 23.51 constant 2024 US$ per person -19.0%
1992 15.4 constant 2024 US$ per person -34.5%
1993 12.71 constant 2024 US$ per person -17.5%
1994 12.64 constant 2024 US$ per person -0.6%
1995 12.41 constant 2024 US$ per person -1.8%
1996 10.95 constant 2024 US$ per person -11.8%
1997 10.6 constant 2024 US$ per person -3.2%
1998 8.98 constant 2024 US$ per person -15.3%
1999 9.1 constant 2024 US$ per person +1.4%
2000 10.31 constant 2024 US$ per person +13.3%
2001 9.26 constant 2024 US$ per person -10.2%
2002 11.61 constant 2024 US$ per person +25.4%
2003 11.71 constant 2024 US$ per person +0.8%
2004 10.4 constant 2024 US$ per person -11.2%
2005 10.29 constant 2024 US$ per person -1.1%
2006 10.66 constant 2024 US$ per person +3.6%
2007 10.51 constant 2024 US$ per person -1.4%
2008 9.81 constant 2024 US$ per person -6.6%
2009 9.58 constant 2024 US$ per person -2.4%
2010 9.98 constant 2024 US$ per person +4.2%
2011 11.11 constant 2024 US$ per person +11.3%
2012 14.63 constant 2024 US$ per person +31.7%
2013 15.02 constant 2024 US$ per person +2.7%
2014 16.02 constant 2024 US$ per person +6.7%
2015 19.4 constant 2024 US$ per person +21.1%
2016 16.68 constant 2024 US$ per person -14.0%
2017 16.91 constant 2024 US$ per person +1.4%
2018 15.79 constant 2024 US$ per person -6.6%
2019 14.5 constant 2024 US$ per person -8.2%
2020 14.93 constant 2024 US$ per person +2.9%
2021 13.95 constant 2024 US$ per person -6.6%
2022 13.89 constant 2024 US$ per person -0.4%
2023 15.09 constant 2024 US$ per person +8.6%
2024 15.71 constant 2024 US$ per person +4.1%
2025 16.35 constant 2024 US$ per person +4.1%

Nicaragua compared with similar countries

  • Nicaragua's 16.35 constant 2024 US$ per person is below the median for lower middle income countries, which is 28.14 constant 2024 US$ per person, 58% of the median. (39 countries reporting)
  • Nicaragua's 16.35 constant 2024 US$ per person is below the median for Latin America & Caribbean, which is 79.53 constant 2024 US$ per person, 21% of the median. (22 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 +50373.1% 0.0575 constant 2024 US$ per person 29.04 constant 2024 US$ per person

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0435 constant 2024 US$ per person 0.0267 constant 2024 US$ per person 0.0672 constant 2024 US$ per person 8
1980s 0.0529 constant 2024 US$ per person 0.0482 constant 2024 US$ per person 0.0575 constant 2024 US$ per person 2
1990s 14.53 constant 2024 US$ per person 8.98 constant 2024 US$ per person 29.04 constant 2024 US$ per person 10
2000s 10.41 constant 2024 US$ per person 9.26 constant 2024 US$ per person 11.71 constant 2024 US$ per person 10
2010s 15.01 constant 2024 US$ per person 9.98 constant 2024 US$ per person 19.4 constant 2024 US$ per person 10
2020s 14.98 constant 2024 US$ per person 13.89 constant 2024 US$ per person 16.35 constant 2024 US$ per person 6

Countries ranked near Nicaragua

  1. 128 Cameroon 19.42 constant 2024 US$ per person compare
  2. 129 Egypt 19.09 constant 2024 US$ per person compare
  3. 130 Mauritius 18.2 constant 2024 US$ per person compare
  4. 132 Niger 16.12 constant 2024 US$ per person compare
  5. 133 Lesotho 15.76 constant 2024 US$ per person compare
  6. 134 Zambia 15.64 constant 2024 US$ per person compare

See the full ranking of 161 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 16.35 constant 2024 US$ per person in 2025, according to Statizoid (derived).
What is the highest military spending, per capita recorded in Nicaragua?
The highest recorded value was 29.04 constant 2024 US$ per person in 1990.
What is the lowest military spending, per capita recorded in Nicaragua?
The lowest recorded value was 0.0267 constant 2024 US$ per person in 1973.
How does Nicaragua rank for military spending, per capita?
Nicaragua ranks 131st out of 161 countries with data for 2025.
Is military spending, per capita rising or falling in Nicaragua?
Over the last ten years it is down 15.7%. 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 22 September 2026, from https://reference.statizoid.com/stat/military-spending-per-capita/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 2024 US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
161 places, 7,937 data points, 1960–2025
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.