Nicaragua Military Spending

Defense budget and military expenditure data (1968–2026)

Key Facts (2026 estimate)

Military Expenditure

$107 million

Ranked #134 of 148 countries worldwide

Percent of GDP

0.6%

Ranked #145 of 157 countries by % of GDP

Year-over-Year Change

+2.9%

From $104M in 2025

Historical Peak Spending

$116 million

Reached in 1990

Nicaragua Defense Budget Summary

In 2026, Nicaragua is estimated to have spent $107 million on military and defense, representing 0.6% of the country's Gross Domestic Product (GDP). This budget covers the armed forces including army, navy, and air force expenditures. Nicaragua is the #134 highest military spender in the world by absolute spending.

Compared to the previous year (2025), defense spending increased by 2.9%, from $104 million to $107 million. This change in the military budget reflects growing defense priorities.

The highest percentage of GDP allocated to defense spending was 4.3% in 1981. The historical average military budget is 1.2% of GDP.

Data source: SIPRI Military Expenditure Database. Values are in constant 2023 US dollars. Data for 2026 is an estimate based on government budget announcements.

Historical Military Spending

Military Spending (% of GDP)

Military Spending (USD Billions, 2023 prices)

Historical Data

YearPercent of GDPUSD (millions)
2026(estimate)0.55%$107M
2025(estimate)0.55%$104M
20240.55%$101M
20230.55%$99M
20220.54%$90M
20210.55%$89M
20200.63%$94M
20190.61%$90M
20180.63%$97M
20170.63%$102M
20160.64%$100M
20150.78%$114M
20140.69%$93M
20130.68%$86M
20120.67%$83M
20110.53%$62M
20100.51%$55M
20090.50%$52M
20080.50%$52M
20070.53%$55M
Showing most recent 20 years of 51 total years of data.