Military spending, per unit of GDP in Nicaragua
Nicaragua: Military spending, per unit of GDP was 0.0062 constant 2022 US$ per US$ of GDP in 2023. ◆ Volatile
Latest (2023)
0.0062 constant 2022 US$ per US$ of GDP
Change on year
down 3.4%
World rank
154th
of 170 countries
All-time high
0.669 constant 2022 US$ per US$ of GDP
in 1990
All-time low
0.0059 constant 2022 US$ per US$ of GDP
in 2008
Years of data
64
1960–2023
Military spending, per unit of GDP in Nicaragua, 1960–2023
Source: Statizoid (derived). Measured in constant 2022 US$ per US$ of GDP.
Analysis
The most recent figure for military spending, per unit of gdp in Nicaragua is 0.0062 constant 2022 US$ per US$ of GDP, measured in 2023.
The figure is down 3.4% on the previous year and down 22.5% over ten years.
Over the whole period, military spending, per unit of gdp in Nicaragua peaked at 0.669 constant 2022 US$ per US$ of GDP in 1990 and was at its lowest, 0.0059 constant 2022 US$ per US$ of GDP, in 2008.
That places Nicaragua 154th out of 170 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 unit of GDP in Nicaragua, year by year
| Year | constant 2022 US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.2208 constant 2022 US$ per US$ of GDP | — |
| 1961 | 0.2165 constant 2022 US$ per US$ of GDP | -1.9% |
| 1962 | 0.2116 constant 2022 US$ per US$ of GDP | -2.3% |
| 1963 | 0.1936 constant 2022 US$ per US$ of GDP | -8.5% |
| 1964 | 0.1715 constant 2022 US$ per US$ of GDP | -11.4% |
| 1965 | 0.1122 constant 2022 US$ per US$ of GDP | -34.6% |
| 1966 | 0.1052 constant 2022 US$ per US$ of GDP | -6.2% |
| 1967 | 0.1052 constant 2022 US$ per US$ of GDP | +0.0% |
| 1968 | 0.097 constant 2022 US$ per US$ of GDP | -7.8% |
| 1969 | 0.0897 constant 2022 US$ per US$ of GDP | -7.5% |
| 1970 | 0.0896 constant 2022 US$ per US$ of GDP | -0.1% |
| 1971 | 0.0886 constant 2022 US$ per US$ of GDP | -1.1% |
| 1972 | 0.0741 constant 2022 US$ per US$ of GDP | -16.4% |
| 1973 | 0.0616 constant 2022 US$ per US$ of GDP | -16.9% |
| 1974 | 0.0481 constant 2022 US$ per US$ of GDP | -21.9% |
| 1975 | 0.0562 constant 2022 US$ per US$ of GDP | +16.9% |
| 1976 | 0.054 constant 2022 US$ per US$ of GDP | -4.0% |
| 1977 | 0.0469 constant 2022 US$ per US$ of GDP | -13.2% |
| 1978 | 0.0513 constant 2022 US$ per US$ of GDP | +9.5% |
| 1979 | 0.0584 constant 2022 US$ per US$ of GDP | +13.9% |
| 1980 | 0.0527 constant 2022 US$ per US$ of GDP | -9.8% |
| 1981 | 0.0864 constant 2022 US$ per US$ of GDP | +63.9% |
| 1982 | 0.1865 constant 2022 US$ per US$ of GDP | +115.7% |
| 1983 | 0.2146 constant 2022 US$ per US$ of GDP | +15.1% |
| 1984 | 0.2918 constant 2022 US$ per US$ of GDP | +36.0% |
| 1985 | 0.3628 constant 2022 US$ per US$ of GDP | +24.3% |
| 1986 | 0.4081 constant 2022 US$ per US$ of GDP | +12.5% |
| 1987 | 0.0988 constant 2022 US$ per US$ of GDP | -75.8% |
| 1988 | 0.0992 constant 2022 US$ per US$ of GDP | +0.4% |
| 1989 | 0.2628 constant 2022 US$ per US$ of GDP | +164.9% |
| 1990 | 0.669 constant 2022 US$ per US$ of GDP | +154.5% |
| 1991 | 0.1189 constant 2022 US$ per US$ of GDP | -82.2% |
| 1992 | 0.0796 constant 2022 US$ per US$ of GDP | -33.1% |
| 1993 | 0.0625 constant 2022 US$ per US$ of GDP | -21.4% |
| 1994 | 0.0185 constant 2022 US$ per US$ of GDP | -70.4% |
| 1995 | 0.0153 constant 2022 US$ per US$ of GDP | -17.4% |
| 1996 | 0.0131 constant 2022 US$ per US$ of GDP | -14.6% |
| 1997 | 0.012 constant 2022 US$ per US$ of GDP | -8.0% |
| 1998 | 0.0104 constant 2022 US$ per US$ of GDP | -13.1% |
| 1999 | 0.0087 constant 2022 US$ per US$ of GDP | -16.3% |
| 2000 | 0.009 constant 2022 US$ per US$ of GDP | +2.5% |
| 2001 | 0.0087 constant 2022 US$ per US$ of GDP | -2.4% |
| 2002 | 0.0091 constant 2022 US$ per US$ of GDP | +4.6% |
| 2003 | 0.0087 constant 2022 US$ per US$ of GDP | -4.3% |
| 2004 | 0.0082 constant 2022 US$ per US$ of GDP | -5.8% |
| 2005 | 0.0072 constant 2022 US$ per US$ of GDP | -12.3% |
| 2006 | 0.0067 constant 2022 US$ per US$ of GDP | -6.9% |
| 2007 | 0.0063 constant 2022 US$ per US$ of GDP | -6.2% |
| 2008 | 0.0059 constant 2022 US$ per US$ of GDP | -6.2% |
| 2009 | 0.0061 constant 2022 US$ per US$ of GDP | +2.6% |
| 2010 | 0.0063 constant 2022 US$ per US$ of GDP | +4.3% |
| 2011 | 0.0065 constant 2022 US$ per US$ of GDP | +2.3% |
| 2012 | 0.0073 constant 2022 US$ per US$ of GDP | +12.5% |
| 2013 | 0.008 constant 2022 US$ per US$ of GDP | +10.1% |
| 2014 | 0.0081 constant 2022 US$ per US$ of GDP | +0.7% |
| 2015 | 0.0072 constant 2022 US$ per US$ of GDP | -11.3% |
| 2016 | 0.0066 constant 2022 US$ per US$ of GDP | -7.6% |
| 2017 | 0.0075 constant 2022 US$ per US$ of GDP | +13.7% |
| 2018 | 0.0078 constant 2022 US$ per US$ of GDP | +3.2% |
| 2019 | 0.0082 constant 2022 US$ per US$ of GDP | +5.0% |
| 2020 | 0.0079 constant 2022 US$ per US$ of GDP | -3.6% |
| 2021 | 0.0071 constant 2022 US$ per US$ of GDP | -9.9% |
| 2022 | 0.0064 constant 2022 US$ per US$ of GDP | -9.1% |
| 2023 | 0.0062 constant 2022 US$ per US$ of GDP | -3.4% |
Nicaragua compared with similar countries
- Nicaragua's 0.0062 constant 2022 US$ per US$ of GDP is below the median for lower middle income countries, which is 0.0153 constant 2022 US$ per US$ of GDP, 41% of the median. (42 countries reporting)
- Nicaragua's 0.0062 constant 2022 US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.0114 constant 2022 US$ per US$ of GDP, 55% of the median. (27 countries reporting)
Biggest year-on-year movements
Years where Military spending, per unit of GDP 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.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | +164.9% | 0.0992 constant 2022 US$ per US$ of GDP | 0.2628 constant 2022 US$ per US$ of GDP |
| 1990 | +154.5% | 0.2628 constant 2022 US$ per US$ of GDP | 0.669 constant 2022 US$ per US$ of GDP |
| 1982 | +115.7% | 0.0864 constant 2022 US$ per US$ of GDP | 0.1865 constant 2022 US$ per US$ of GDP |
| 1991 | -82.2% | 0.669 constant 2022 US$ per US$ of GDP | 0.1189 constant 2022 US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.1523 constant 2022 US$ per US$ of GDP | 0.0897 constant 2022 US$ per US$ of GDP | 0.2208 constant 2022 US$ per US$ of GDP | 10 |
| 1970s | 0.0629 constant 2022 US$ per US$ of GDP | 0.0469 constant 2022 US$ per US$ of GDP | 0.0896 constant 2022 US$ per US$ of GDP | 10 |
| 1980s | 0.2064 constant 2022 US$ per US$ of GDP | 0.0527 constant 2022 US$ per US$ of GDP | 0.4081 constant 2022 US$ per US$ of GDP | 10 |
| 1990s | 0.1008 constant 2022 US$ per US$ of GDP | 0.0087 constant 2022 US$ per US$ of GDP | 0.669 constant 2022 US$ per US$ of GDP | 10 |
| 2000s | 0.0076 constant 2022 US$ per US$ of GDP | 0.0059 constant 2022 US$ per US$ of GDP | 0.0091 constant 2022 US$ per US$ of GDP | 10 |
| 2010s | 0.0073 constant 2022 US$ per US$ of GDP | 0.0063 constant 2022 US$ per US$ of GDP | 0.0082 constant 2022 US$ per US$ of GDP | 10 |
| 2020s | 0.0069 constant 2022 US$ per US$ of GDP | 0.0062 constant 2022 US$ per US$ of GDP | 0.0079 constant 2022 US$ per US$ of GDP | 4 |
Countries ranked near Nicaragua
- 151 Mexico 0.0067 constant 2022 US$ per US$ of GDP compare
- 152 Guyana 0.0063 constant 2022 US$ per US$ of GDP compare
- 153 Kazakhstan 0.0063 constant 2022 US$ per US$ of GDP compare
- 155 Cape Verde 0.0058 constant 2022 US$ per US$ of GDP compare
- 156 Comoros 0.0055 constant 2022 US$ per US$ of GDP compare
- 157 Malta 0.0052 constant 2022 US$ per US$ of GDP compare
More reference data data for Nicaragua
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4575 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.72 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.76 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0819 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.76 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.53 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.4557 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 9.61 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 14.12 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.4457 (2050)
Frequently asked questions
- What is military spending, per unit of gdp in Nicaragua?
- Military spending, per unit of gdp in Nicaragua was 0.0062 constant 2022 US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest military spending, per unit of gdp recorded in Nicaragua?
- The highest recorded value was 0.669 constant 2022 US$ per US$ of GDP in 1990.
- What is the lowest military spending, per unit of gdp recorded in Nicaragua?
- The lowest recorded value was 0.0059 constant 2022 US$ per US$ of GDP in 2008.
- How does Nicaragua rank for military spending, per unit of gdp?
- Nicaragua ranks 154th out of 170 countries with data for 2023.
- Is military spending, per unit of gdp rising or falling in Nicaragua?
- Over the last ten years it is down 22.5%. 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 unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military spending ÷ GDP (current US$)
Computed from
- Military spending Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.