Military Expenditure in Nicaragua decreased to 81.30 USD Million in 2018 from 86.70 USD Million in 2017. Nicaragua Military Expenditure - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Military Expenditure in Nicaragua averaged 42.32 USD Million from 1972 until 2018, reaching an all time high of 98.10 USD Million in 1990 and a record low of 0.10 USD Million in 1973. source: SIPRI
Military Expenditure in Nicaragua is expected to reach 88.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nicaragua Military Expenditure is projected to trend around 86.00 USD Million in 2021, according to our econometric models.