Military Expenditure in Nicaragua increased to 78.30 USD Million in 2020 from 76.90 USD Million in 2019. source: SIPRI
Military Expenditure in Nicaragua averaged 44.36 USD Million from 1972 until 2020, reaching an all time high of 98.90 USD Million in 1990 and a record low of 0.10 USD Million in 1973. Nicaragua Military Expenditure - values, historical data and charts - was last updated on August of 2021.
Military Expenditure in Nicaragua is expected to reach 81.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nicaragua Military Expenditure is projected to trend around 83.00 USD Million in 2022 and 86.00 USD Million in 2023, according to our econometric models.