Military spending, per square kilometre in Nicaragua

Nicaragua: Military spending, per square kilometre was 855.47 constant 2024 US$ per square kilometre in 2023. ◆ Volatile

Latest (2023)
855.47 constant 2024 US$ per square kilometre
Change on year
up 10.1%
World rank
132nd
of 161 countries
All-time high
1,004 constant 2024 US$ per square kilometre
in 1990
All-time low
0.5888 constant 2024 US$ per square kilometre
in 1973
Years of data
44
1972–2023

Military spending, per square kilometre in Nicaragua, 1972–2023

02505007501.0k1972199720231972: 0.779 constant 2024 US$ per square kilometre1973: 0.589 constant 2024 US$ per square kilometre1974: 0.751 constant 2024 US$ per square kilometre1975: 0.851 constant 2024 US$ per square kilometre1976: 1.1 constant 2024 US$ per square kilometre1977: 1.4 constant 2024 US$ per square kilometre1978: 1.7 constant 2024 US$ per square kilometre1979: 1.1 constant 2024 US$ per square kilometre1980: 1.3 constant 2024 US$ per square kilometre1981: 1.6 constant 2024 US$ per square kilometre1990: 1.0k constant 2024 US$ per square kilometre1991: 832.3 constant 2024 US$ per square kilometre1992: 557.6 constant 2024 US$ per square kilometre1993: 470.4 constant 2024 US$ per square kilometre1994: 477.7 constant 2024 US$ per square kilometre1995: 478.7 constant 2024 US$ per square kilometre1996: 430.4 constant 2024 US$ per square kilometre1997: 423.8 constant 2024 US$ per square kilometre1998: 364.4 constant 2024 US$ per square kilometre1999: 374.8 constant 2024 US$ per square kilometre2000: 430.4 constant 2024 US$ per square kilometre2001: 391.6 constant 2024 US$ per square kilometre2002: 496.9 constant 2024 US$ per square kilometre2003: 507 constant 2024 US$ per square kilometre2004: 455.7 constant 2024 US$ per square kilometre2005: 456.6 constant 2024 US$ per square kilometre2006: 480 constant 2024 US$ per square kilometre2007: 480.1 constant 2024 US$ per square kilometre2008: 454.7 constant 2024 US$ per square kilometre2009: 450.3 constant 2024 US$ per square kilometre2010: 475.8 constant 2024 US$ per square kilometre2011: 537.2 constant 2024 US$ per square kilometre2012: 717.3 constant 2024 US$ per square kilometre2013: 747 constant 2024 US$ per square kilometre2014: 807.8 constant 2024 US$ per square kilometre2015: 991.4 constant 2024 US$ per square kilometre2016: 864.1 constant 2024 US$ per square kilometre2017: 887.6 constant 2024 US$ per square kilometre2018: 839.9 constant 2024 US$ per square kilometre2019: 781.5 constant 2024 US$ per square kilometre2020: 814.4 constant 2024 US$ per square kilometre2021: 770.1 constant 2024 US$ per square kilometre2022: 777 constant 2024 US$ per square kilometre2023: 855.5 constant 2024 US$ per square kilometre

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

Analysis

In 2023, military spending, per square kilometre in Nicaragua stood at 855.47 constant 2024 US$ per square kilometre.

The figure is up 10.1% on the previous year and up 14.5% over ten years.

Over the whole period, military spending, per square kilometre in Nicaragua peaked at 1,004 constant 2024 US$ per square kilometre in 1990 and was at its lowest, 0.5888 constant 2024 US$ per square kilometre, in 1973.

That places Nicaragua 132nd out of 161 countries with data for 2023, 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 square kilometre in Nicaragua, year by year

Annual values for Military spending, per square kilometre in Nicaragua, 1972 to 2023.
Year constant 2024 US$ per square kilometre Change
1972 0.779 constant 2024 US$ per square kilometre
1973 0.5888 constant 2024 US$ per square kilometre -24.4%
1974 0.751 constant 2024 US$ per square kilometre +27.6%
1975 0.8509 constant 2024 US$ per square kilometre +13.3%
1976 1.13 constant 2024 US$ per square kilometre +33.2%
1977 1.44 constant 2024 US$ per square kilometre +26.8%
1978 1.72 constant 2024 US$ per square kilometre +19.6%
1979 1.14 constant 2024 US$ per square kilometre -33.4%
1980 1.3 constant 2024 US$ per square kilometre +13.9%
1981 1.6 constant 2024 US$ per square kilometre +22.7%
1990 1,004 constant 2024 US$ per square kilometre +62696.7%
1991 832.3 constant 2024 US$ per square kilometre -17.1%
1992 557.57 constant 2024 US$ per square kilometre -33.0%
1993 470.44 constant 2024 US$ per square kilometre -15.6%
1994 477.73 constant 2024 US$ per square kilometre +1.6%
1995 478.7 constant 2024 US$ per square kilometre +0.2%
1996 430.37 constant 2024 US$ per square kilometre -10.1%
1997 423.79 constant 2024 US$ per square kilometre -1.5%
1998 364.39 constant 2024 US$ per square kilometre -14.0%
1999 374.8 constant 2024 US$ per square kilometre +2.9%
2000 430.4 constant 2024 US$ per square kilometre +14.8%
2001 391.55 constant 2024 US$ per square kilometre -9.0%
2002 496.93 constant 2024 US$ per square kilometre +26.9%
2003 506.99 constant 2024 US$ per square kilometre +2.0%
2004 455.74 constant 2024 US$ per square kilometre -10.1%
2005 456.61 constant 2024 US$ per square kilometre +0.2%
2006 479.99 constant 2024 US$ per square kilometre +5.1%
2007 480.12 constant 2024 US$ per square kilometre +0.0%
2008 454.72 constant 2024 US$ per square kilometre -5.3%
2009 450.33 constant 2024 US$ per square kilometre -1.0%
2010 475.79 constant 2024 US$ per square kilometre +5.7%
2011 537.2 constant 2024 US$ per square kilometre +12.9%
2012 717.28 constant 2024 US$ per square kilometre +33.5%
2013 747.04 constant 2024 US$ per square kilometre +4.1%
2014 807.82 constant 2024 US$ per square kilometre +8.1%
2015 991.38 constant 2024 US$ per square kilometre +22.7%
2016 864.1 constant 2024 US$ per square kilometre -12.8%
2017 887.56 constant 2024 US$ per square kilometre +2.7%
2018 839.89 constant 2024 US$ per square kilometre -5.4%
2019 781.46 constant 2024 US$ per square kilometre -7.0%
2020 814.37 constant 2024 US$ per square kilometre +4.2%
2021 770.12 constant 2024 US$ per square kilometre -5.4%
2022 776.96 constant 2024 US$ per square kilometre +0.9%
2023 855.47 constant 2024 US$ per square kilometre +10.1%

Nicaragua compared with similar countries

  • Nicaragua's 855.47 constant 2024 US$ per square kilometre is below the median for lower middle income countries, which is 2,220 constant 2024 US$ per square kilometre, 39% of the median. (39 countries reporting)
  • Nicaragua's 855.47 constant 2024 US$ per square kilometre is below the median for Latin America & Caribbean, which is 3,435 constant 2024 US$ per square kilometre, 25% of the median. (22 countries reporting)

Biggest year-on-year movements

Years where Military spending, per square kilometre 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 +62696.7% 1.6 constant 2024 US$ per square kilometre 1,004 constant 2024 US$ per square kilometre

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.05 constant 2024 US$ per square kilometre 0.5888 constant 2024 US$ per square kilometre 1.72 constant 2024 US$ per square kilometre 8
1980s 1.45 constant 2024 US$ per square kilometre 1.3 constant 2024 US$ per square kilometre 1.6 constant 2024 US$ per square kilometre 2
1990s 541.44 constant 2024 US$ per square kilometre 364.39 constant 2024 US$ per square kilometre 1,004 constant 2024 US$ per square kilometre 10
2000s 460.34 constant 2024 US$ per square kilometre 391.55 constant 2024 US$ per square kilometre 506.99 constant 2024 US$ per square kilometre 10
2010s 764.95 constant 2024 US$ per square kilometre 475.79 constant 2024 US$ per square kilometre 991.38 constant 2024 US$ per square kilometre 10
2020s 804.23 constant 2024 US$ per square kilometre 770.12 constant 2024 US$ per square kilometre 855.47 constant 2024 US$ per square kilometre 4

Countries ranked near Nicaragua

  1. 129 Libya 909.32 constant 2024 US$ per square kilometre compare
  2. 130 Ethiopia 869.98 constant 2024 US$ per square kilometre compare
  3. 131 Congo 860.65 constant 2024 US$ per square kilometre compare
  4. 133 Liberia 702.39 constant 2024 US$ per square kilometre compare
  5. 134 Guinea-Bissau 674.31 constant 2024 US$ per square kilometre compare
  6. 135 Mali 664.44 constant 2024 US$ per square kilometre 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 square kilometre in Nicaragua?
Military spending, per square kilometre in Nicaragua was 855.47 constant 2024 US$ per square kilometre in 2023, according to Statizoid (derived).
What is the highest military spending, per square kilometre recorded in Nicaragua?
The highest recorded value was 1,004 constant 2024 US$ per square kilometre in 1990.
What is the lowest military spending, per square kilometre recorded in Nicaragua?
The lowest recorded value was 0.5888 constant 2024 US$ per square kilometre in 1973.
How does Nicaragua rank for military spending, per square kilometre?
Nicaragua ranks 132nd out of 161 countries with data for 2023.
Is military spending, per square kilometre rising or falling in Nicaragua?
Over the last ten years it is up 14.5%. 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 square kilometre. Statizoid updates them automatically from the source API.

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

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How this figure is calculated

Military spending divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military spending ÷ Land area (sq. km)

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 square kilometre
Unit
constant 2024 US$ per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
161 places, 7,412 data points, 1961–2023
Last refreshed

Military spending divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.