Military spending in Nicaragua
Nicaragua: Military spending was 114.56 million constant 2024 US$ in 2025. ◆ Volatile
Military spending in Nicaragua, 1972–2025
Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.
Analysis
Nicaragua recorded 114.56 million constant 2024 US$ for military spending in 2025.
Compared with earlier readings it is up 5.5% on the previous year and down 4.0% over ten years.
Over the whole period, military spending in Nicaragua peaked at 120.86 million constant 2024 US$ in 1990 and was at its lowest, 70,855 constant 2024 US$, in 1973.
Nicaragua ranks 137th of 162 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 126,404 constant 2024 US$ | 70,855 constant 2024 US$ | 206,886 constant 2024 US$ | 8 |
| 1980s | 174,638 constant 2024 US$ | 156,813 constant 2024 US$ | 192,462 constant 2024 US$ | 2 |
| 1990s | 65.16 million constant 2024 US$ | 43.85 million constant 2024 US$ | 120.86 million constant 2024 US$ | 10 |
| 2000s | 55.40 million constant 2024 US$ | 47.12 million constant 2024 US$ | 61.01 million constant 2024 US$ | 10 |
| 2010s | 92.05 million constant 2024 US$ | 57.26 million constant 2024 US$ | 119.30 million constant 2024 US$ | 10 |
| 2020s | 101.72 million constant 2024 US$ | 92.68 million constant 2024 US$ | 114.56 million constant 2024 US$ | 6 |
Countries ranked near Nicaragua
- 134 Zimbabwe 133.49 million constant 2024 US$ compare
- 135 Malawi 127.88 million constant 2024 US$ compare
- 138 Equatorial Guinea 112.50 million constant 2024 US$ compare
- 139 Madagascar 110.60 million constant 2024 US$ compare
- 140 Papua New Guinea 109.46 million constant 2024 US$ compare
More reference data data for Nicaragua
- Spring temperature anomalies 0.334 °C (2026)
- Summer temperature anomalies 1.09 °C (2026)
- Temperature anomalies by month 0.2273 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 0.7081 °C (2025)
- Winter temperature anomalies 0.5762 °C (2025)
- Consumer price index 226.4 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 0 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is military spending in Nicaragua?
- Military spending in Nicaragua was 114.56 million constant 2024 US$ in 2025, according to Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data.
- What is the highest military spending recorded in Nicaragua?
- The highest recorded value was 120.86 million constant 2024 US$ in 1990.
- What is the lowest military spending recorded in Nicaragua?
- The lowest recorded value was 70,855 constant 2024 US$ in 1973.
- How does Nicaragua rank for military spending?
- Nicaragua ranks 137th out of 162 countries with data for 2025.
- Is military spending rising or falling in Nicaragua?
- Over the last ten years it is down 4.0%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.
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About this data
This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.