World Bank Open Data · CC BY 4.0 Some World Bank indicators are published with a lag. The site always shows the latest actually available year for each country and indicator.
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Nicaragua
Military expenditure (% of GDP)

Military expenditure by country as percentage of gross domestic product

Global rank#137out of 147 countries
Go to rankingOpenglobal ranking and map

Historical trend

4.33.42.41.50.5196819962024Nicaragua · 2024: 0.55%Nicaragua

Analytical takeaways

  • Nicaragua records 0.55% for Military expenditure (% of GDP) in 2024, ranking #137 globally out of 147 countries.
  • Military expenditure (% of GDP) declined from 1.46% in 1968 to 0.55% in 2024, a decrease of 0.91%.
  • The country sits in the bottom quartile of the global distribution for this metric, which also makes the page relevant for low-value and lagging-performance searches.

Comparison

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