Military expenditure in Nicaragua
Nicaragua: Military expenditure was 3.87 billion current LCU in 2024. ◆ Volatile
Military expenditure in Nicaragua, 1968–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
In 2024, military expenditure in Nicaragua stood at 3.87 billion current LCU. That is the highest value across all 49 years on record.
Compared with earlier readings it is up 7.5% on the previous year and up 83.3% over ten years.
Over the whole period, military expenditure in Nicaragua peaked at 3.87 billion current LCU in 2024 and was at its lowest, 0.0142 current LCU, in 1968.
That places Nicaragua 122nd out of 167 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0143 current LCU | 0.0142 current LCU | 0.0144 current LCU | 2 |
| 1970s | 0.0454 current LCU | 0.0172 current LCU | 0.0918 current LCU | 10 |
| 1980s | 0.1755 current LCU | 0.139 current LCU | 0.212 current LCU | 2 |
| 1990s | 256.30 million current LCU | 161.00 million current LCU | 318.00 million current LCU | 10 |
| 2000s | 594.70 million current LCU | 377.00 million current LCU | 848.60 million current LCU | 10 |
| 2010s | 2.05 billion current LCU | 945.50 million current LCU | 2.70 billion current LCU | 10 |
| 2020s | 3.19 billion current LCU | 2.71 billion current LCU | 3.87 billion current LCU | 5 |
Countries ranked near Nicaragua
More public sector data for Nicaragua
- Arms imports 13.00 million SIPRI trend indicator values (2019)
- Tax revenue 20.1% (2024)
- Taxes on income, profits and capital gains 41.3% (2024)
- Taxes on goods and services 47.5% (2024)
- Net investment in nonfinancial assets 3.2% (2024)
- Net lending (+) / net borrowing (-) 2.3% (2024)
- Interest payments 7.0% (2024)
- Grants and other revenue 7.1% (2024)
- Interest payments 9.2% (2023)
- Other taxes 0.5% (2024)
Frequently asked questions
- What is military expenditure in Nicaragua?
- Military expenditure in Nicaragua was 3.87 billion current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Nicaragua?
- The highest recorded value was 3.87 billion current LCU in 2024.
- What is the lowest military expenditure recorded in Nicaragua?
- The lowest recorded value was 0.0142 current LCU in 1968.
- How does Nicaragua rank for military expenditure?
- Nicaragua ranks 122nd out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Nicaragua?
- Over the last ten years it is up 83.3%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Military expenditure in local currency at current prices (by calendar year)