Military Expenditure in Nicaragua decreased to 81.30 USD Million in 2019 from 81.60 USD Million in 2018. source: SIPRI

Military Expenditure in Nicaragua averaged 43.08 USD Million from 1972 until 2019, reaching an all time high of 97.60 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 April 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
81.30 81.60 97.60 0.10 1972 - 2019 USD Million Yearly
constant 2018 prices

Nicaragua Government Last Previous Highest Lowest Unit
Government Debt to GDP 57.20 52.90 169.10 44.60 percent [+]
Government Budget 0.20 -1.90 3.22 -8.56 percent of GDP [+]
Government Budget Value -1461.10 -1.40 4827.02 -5638.05 NIO Million [+]
Government Spending 16119.40 15389.60 17602.10 8293.70 NIO Million [+]
Government Revenues 7319.60 6704.90 11137.60 630.55 NIO Million [+]
Fiscal Expenditure 4321.89 5809.55 8728.35 627.89 NIO Million [+]
Military Expenditure 81.30 81.60 97.60 0.10 USD Million [+]
Credit Rating 25.00 [+]
Government Debt 274342.90 268615.30 274342.90 121508.27 NIO Million [+]