Ranked:
N/A (2012)

Nicaraguan Military Budget

See the chart below for a yearly breakdown of military spending in Nicaragua. (2001 to 2012)

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

Chilean Flag Chile
$5,357 Million (2012)
Trinidadian, Tobagonian Flag Trinidad &Tobago
No Data (2012)
Nicaraguan Flag Nicaragua
$65 Million (2012)
Panamanian Flag Panama
No Data (2012)
Guatemalan Flag Guatemala
$205 Million (2012)
Bolivian Flag Bolivia
$377 Million (2012)
Guyanese Flag Guyana
$30 Million (2012)
Honduran Flag Honduras
$192 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.