Nicaragua—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #136 of 156Updated April 2026
Latest Value
$105.3M
2024
YoY Change
+6.8%
2023 → 2024
Global Rank
#136
of 156 countries
Maximum
$105.3M
2024
Minimum
$28.2M
2001
CAGR
+5.3%
25 years
Last
$105.3M
Previous
$98.6M
Highest
$105.3M
Lowest
$28.2M
Source
World Bank World Development Indicators
Nicaragua's military expenditure (usd) was $105.3M in 2024, ranking #136 out of 156 countries. This represents a +6.8% change from 2023. Over the past 25 years, the highest recorded value was $105.3M (2024) and the lowest was $28.2M (2001). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $105.3M | +6.8% |
| 2023 | $98.6M | +17.1% |
| 2022 | $84.2M | +8.1% |
| 2021 | $77.9M | -1.8% |
| 2020 | $79.3M | +3.1% |
| 2019 | $76.9M | -5.7% |
| 2018 | $81.6M | -5.9% |
| 2017 | $86.7M | +1.9% |
| 2016 | $85.1M | -14.0% |
| 2015 | $98.9M | +21.6% |
| 2014 | $81.4M | +9.2% |
| 2013 | $74.5M | +6.3% |
| 2012 | $70.1M | +36.3% |
| 2011 | $51.5M | +16.2% |
| 2010 | $44.3M | +6.1% |
| 2009 | $41.7M | -2.2% |
| 2008 | $42.7M | +8.1% |
| 2007 | $39.5M | +5.9% |
| 2006 | $37.3M | +9.3% |
| 2005 | $34.1M | +4.6% |
| 2004 | $32.6M | -7.6% |
| 2003 | $35.3M | +1.4% |
| 2002 | $34.8M | +23.5% |
| 2001 | $28.2M | -8.5% |
| 2000 | $30.8M |
Top Countries — Military Expenditure (USD)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | United States | $997.31B | 2024 |
| 2 | China | $313.66B | 2024 |
| 3 | Russian Federation | $148.97B | 2024 |
| 4 | Germany | $88.46B | 2024 |
| 5 | India | $86.13B | 2024 |
| 6 | United Kingdom | $81.76B | 2024 |
| 7 | Saudi Arabia | $80.33B | 2024 |
| 8 | Ukraine | $64.70B | 2024 |
| 9 | France | $64.68B | 2024 |
| 10 | Japan | $55.27B | 2024 |