Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31
Nicaragua's military expenditure stands at 0.5451% as of 2024-12-31, down from 0.5547% in 2023. Historical data runs from 1968 to 2024 (48 observations).
In 2024, Nicaragua's military expenditure was 0.5451%, down from 0.5547% in 2023.
In 2023, Nicaragua's military expenditure was 0.5547%, up from 0.5371% in 2022.
In 2022, Nicaragua's military expenditure was 0.5371%, down from 0.5498% in 2021.
In 2021, Nicaragua's military expenditure was 0.5498%, down from 0.63% in 2020.
In 2020, Nicaragua's military expenditure was 0.63%, up from 0.605% in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 0.5451% | -0.0095% |
| 2023 | 0.5547% | +0.0175% |
| 2022 | 0.5371% | -0.0126% |
| 2021 | 0.5498% | -0.0802% |
| 2020 | 0.63% | +0.025% |
| 2019 | 0.605% | -0.0222% |
| 2018 | 0.6272% | +0.0007% |
| 2017 | 0.6265% | -0.0134% |
| 2016 | 0.6399% | -0.1357% |
| 2015 | 0.7755% | +0.0904% |
| 2014 | 0.6851% | +0.0065% |
| 2013 | 0.6786% | +0.0127% |
| 2012 | 0.6659% | +0.1395% |
| 2011 | 0.5264% | +0.0209% |
| 2010 | 0.5055% | +0.0027% |
| 2009 | 0.5028% | +0.0007% |
| 2008 | 0.5021% | -0.0297% |
| 2007 | 0.5317% | -0.0195% |
| 2006 | 0.5513% | -0.1491% |
| 2005 | 0.7004% | -0.0304% |
| 2004 | 0.7308% | -0.1299% |
| 2003 | 0.8607% | -0.0044% |
| 2002 | 0.8652% | +0.1816% |
| 2001 | 0.6835% | -0.0992% |
| 2000 | 0.7828% | +0.0633% |
| 1999 | 0.7195% | -0.0159% |
| 1998 | 0.7354% | -0.1593% |
| 1997 | 0.8947% | -0.055% |
| 1996 | 0.9497% | -0.1531% |
| 1995 | 1.1% | -0.0867% |
| 1994 | 1.19% | -0.9128% |
| 1993 | 2.1% | -0.5304% |
| 1992 | 2.63% | -1.37% |
| 1991 | 4% | -0.3334% |
| 1981 | 4.34% | +0.9894% |
| 1980 | 3.35% | +0.2414% |
| 1979 | 3.1% | -0.1172% |
| 1978 | 3.22% | +0.7565% |
| 1977 | 2.47% | +0.3981% |
| 1976 | 2.07% | +0.3213% |
| 1975 | 1.75% | +0.2927% |
| 1974 | 1.45% | +0.0328% |
| 1973 | 1.42% | -0.4467% |
| 1972 | 1.87% | +0.3616% |
| 1971 | 1.51% | -0.0785% |
| 1970 | 1.58% | +0.2072% |
| 1969 | 1.38% | -0.0826% |
| 1968 | 1.46% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Nicaragua's military expenditure is 0.5451% as of 2024-12-31, compared with 0.5547% in 2023. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 4.34% (1981); the lowest is 0.5021% (2008), across data from 1968 to 2024.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.