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.

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Nicaragua Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
78.30 76.90 98.90 0.10 1972 - 2020 USD Million Yearly
Constant 2019 prices

Nicaragua Government Last Previous Highest Lowest Unit
Government Debt to GDP 57.20 52.90 169.10 44.60 percent of GDP [+]
Government Budget -1.00 0.30 3.22 -8.56 percent of GDP [+]
Government Budget Value -2518.80 -1461.10 4827.02 -5638.05 NIO Million [+]
Government Spending 16637.00 15912.30 16637.00 8293.70 NIO Million [+]
Government Revenues 7975.20 7319.60 11137.60 630.55 NIO Million [+]
Fiscal Expenditure 7028.70 7134.10 8728.35 627.89 NIO Million [+]
Military Expenditure 78.30 76.90 98.90 0.10 USD Million [+]
Credit Rating 25.00 [+]
Government Debt 282998.80 274342.90 282998.80 121508.27 NIO Million [+]