Military Spending in Nicaragua
Our latest data shows that Nicaragua spent $65,400,000 on their military in 2012 which amounted to 0.8% of the country's GDP that year. Check out the chart below for more Nicaraguan military budget data. We can only publish the past 12 years, but SIPRI has data as far back as 1988 on their site.
Total Spent: $562,300,000 (Last 12 years)
| Year | Dollars Spent | % GDP |
|---|---|---|
| 2001 | $37,500,000 | 0.7% |
| 2002 | $47,600,000 | 0.9% |
| 2003 | $48,600,000 | 0.9% |
| 2004 | $43,700,000 | 0.7% |
| 2005 | $43,700,000 | 0.7% |
| 2006 | $46,000,000 | 0.7% |
| Year | Dollars Spent | % GDP |
|---|---|---|
| 2007 | $46,000,000 | 0.7% |
| 2008 | $43,600,000 | 0.7% |
| 2009 | $43,100,000 | 0.7% |
| 2010 | $45,600,000 | 0.7% |
| 2011 | $51,500,000 | 0.7% |
| 2012 | $65,400,000 | 0.8% |
Note on Data: Constant (2011) US Dollars are used. For more information about this data visit SIPRI.org.
SIPRI Footnote: The figures for Nicaragua includes military aid from USA and Taiwan for the years 2002 - 2009 of 12.5, 16.9, 13.6, 11.1, 7.3, 28.8, 12.2 and 11.6 million gold cordobas, respectively.
Other Countries in the Region
Honduras$192 Million (2012)
Peru$2,363 Million (2012)
Venezuela$3,316 Million (2012)
Colombia$11,446 Million (2012)
Nicaragua$65 Million (2012)
Ecuador$2,263 Million (2012)
Guatemala$205 Million (2012)
Uruguay$944 Million (2012)
Nicaragua's Military Branches
Navy, Air Force.
Military Service Age in Nicaragua
18-30 years of age for voluntary military service; no conscription; tour of duty 18-36 months; requires Nicaraguan nationality and 6th-grade education.