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Nicaragua Military Spending/Defense Budget 1968-2024

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • Nicaragua military spending/defense budget for 2021 was $0.08B, a 1.79% decline from 2020.
  • Nicaragua military spending/defense budget for 2020 was $0.08B, a 3.14% increase from 2019.
  • Nicaragua military spending/defense budget for 2019 was $0.08B, a 5.71% decline from 2018.
  • Nicaragua military spending/defense budget for 2018 was $0.08B, a 5.92% decline from 2017.
  
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
India $76.60B
Pakistan $11.30B
Indonesia $8.26B
Ukraine $5.94B
Morocco $5.38B
Egypt $5.17B
Bangladesh $4.88B
Nigeria $4.47B
Philippines $4.09B
Myanmar $2.11B
Sri Lanka $1.56B
Tunisia $1.25B
Kenya $1.11B
Angola $0.98B
Cambodia $0.64B
Bolivia $0.63B
Cameroon $0.44B
Honduras $0.44B
El Salvador $0.38B
Sudan $0.38B
Republic of Congo $0.31B
Georgia $0.30B
Ghana $0.30B
Zambia $0.28B
Mauritania $0.23B
Kyrgyz Republic $0.12B
Mongolia $0.11B
Papua New Guinea $0.09B
Eswatini $0.08B
Kosovo $0.08B
Nicaragua $0.08B
Moldova $0.05B
Timor-Leste $0.04B
Lesotho $0.04B
Cabo Verde $0.01B
Nicaragua Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2021 $0.08B 0.60%
2020 $0.08B 0.67%
2019 $0.08B 0.61%
2018 $0.08B 0.62%
2017 $0.09B 0.62%
2016 $0.09B 0.64%
2015 $0.10B 0.78%
2014 $0.08B 0.69%
2013 $0.07B 0.68%
2012 $0.07B 0.67%
2011 $0.05B 0.53%
2010 $0.04B 0.51%
2009 $0.04B 0.50%
2008 $0.04B 0.50%
2007 $0.04B 0.53%
2006 $0.04B 0.55%
2005 $0.03B 0.70%
2004 $0.03B 0.73%
2003 $0.04B 0.86%
2002 $0.03B 0.87%
2001 $0.03B 0.68%
2000 $0.03B 0.78%
1999 $0.03B 0.72%
1998 $0.03B 0.74%
1997 $0.03B 0.89%
1996 $0.03B 0.95%
1995 $0.04B 1.10%
1994 $0.04B 1.19%
1993 $0.04B 2.10%
1992 $0.05B 2.63%
1991 $0.07B 4.00%
1990 $1.14B 4.00%
1981 $0.07B 4.34%
1980 $0.05B 3.35%
1979 $0.03B 3.10%
1978 $0.04B 3.22%
1977 $0.04B 2.47%
1976 $0.03B 2.07%
1975 $0.02B 1.75%
1974 $0.01B 1.45%
1973 $0.01B 1.42%
1972 $0.01B 1.87%
1971 $0.01B 1.51%
1970 $0.01B 1.58%
1969 $0.01B 1.38%
1968 $0.01B 1.46%