Nicaragua - Military expenditure

Military expenditure (current USD)

The latest value for Military expenditure (current USD) in Nicaragua was 78,038,650 as of 2020. Over the past 52 years, the value for this indicator has fluctuated between 1,142,476,000 in 1990 and 6,891,063 in 1968.

Definition: 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). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another).

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

See also:

Year Value
1968 6,891,063
1969 6,988,120
1970 8,346,922
1971 8,443,979
1972 10,967,470
1973 10,433,750
1974 14,995,340
1975 18,537,930
1976 25,234,880
1977 35,231,770
1978 44,549,270
1979 32,278,200
1980 47,159,890
1981 71,927,310
1990 1,142,476,000
1991 67,668,340
1992 47,200,000
1993 40,210,590
1994 35,401,500
1995 35,119,850
1996 31,533,400
1997 30,270,700
1998 26,271,270
1999 26,927,930
2000 30,825,270
2001 28,193,450
2002 34,831,910
2003 35,307,120
2004 32,628,070
2005 34,123,570
2006 37,285,140
2007 39,472,040
2008 42,659,730
2009 41,721,770
2010 44,272,440
2011 51,453,110
2012 70,132,970
2013 74,532,010
2014 81,391,930
2015 98,932,940
2016 85,073,600
2017 86,725,450
2018 81,593,940
2019 76,931,500
2020 78,038,650

Military expenditure (current LCU)

The value for Military expenditure (current LCU) in Nicaragua was 2,713,200,000.00 as of 2019. As the graph below shows, over the past 51 years this indicator reached a maximum value of 2,713,200,000.00 in 2019 and a minimum value of 0.01 in 1968.

Definition: 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). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

Year Value
1968 0.01
1969 0.01
1970 0.02
1971 0.02
1972 0.02
1973 0.02
1974 0.03
1975 0.04
1976 0.05
1977 0.07
1978 0.09
1979 0.09
1980 0.14
1981 0.21
1990 161,000,000.00
1991 289,000,000.00
1992 236,000,000.00
1993 226,000,000.00
1994 238,000,000.00
1995 265,000,000.00
1996 266,000,000.00
1997 286,000,000.00
1998 278,000,000.00
1999 318,000,000.00
2000 391,000,000.00
2001 377,000,000.00
2002 496,400,000.00
2003 533,300,000.00
2004 520,000,000.00
2005 571,000,000.00
2006 655,100,000.00
2007 728,200,000.00
2008 826,400,000.00
2009 848,600,000.00
2010 945,500,000.00
2011 1,153,800,000.00
2012 1,651,400,000.00
2013 1,842,640,000.00
2014 2,112,845,000.00
2015 2,696,600,000.00
2016 2,433,200,000.00
2017 2,595,500,000.00
2018 2,577,600,000.00
2019 2,713,200,000.00

Military expenditure (% of GDP)

Military expenditure (% of GDP) in Nicaragua was 0.65 as of 2020. Its highest value over the past 52 years was 4.34 in 1981, while its lowest value was 0.50 in 2008.

Definition: 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). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

See also:

Year Value
1968 1.46
1969 1.38
1970 1.58
1971 1.51
1972 1.87
1973 1.42
1974 1.45
1975 1.75
1976 2.07
1977 2.47
1978 3.22
1979 3.10
1980 3.35
1981 4.34
1991 4.00
1992 2.63
1993 2.10
1994 1.19
1995 1.10
1996 0.95
1997 0.89
1998 0.74
1999 0.72
2000 0.78
2001 0.68
2002 0.87
2003 0.86
2004 0.73
2005 0.70
2006 0.55
2007 0.53
2008 0.50
2009 0.50
2010 0.51
2011 0.53
2012 0.67
2013 0.68
2014 0.69
2015 0.78
2016 0.64
2017 0.62
2018 0.62
2019 0.61
2020 0.65

Military expenditure (% of general government expenditure)

Military expenditure (% of general government expenditure) in Nicaragua was 2.17 as of 2020. Its highest value over the past 20 years was 3.55 in 2002, while its lowest value was 2.17 in 2020.

Definition: 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). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

See also:

Year Value
2000 2.93
2001 2.73
2002 3.55
2003 3.17
2004 2.70
2005 2.53
2006 2.58
2007 2.47
2008 2.29
2009 2.21
2010 2.24
2011 2.24
2012 2.76
2013 2.80
2014 2.79
2015 3.06
2016 2.39
2017 2.32
2018 2.27
2019 2.21
2020 2.17

Classification

Topic: Public Sector Indicators

Sub-Topic: Defense & arms trade