Military expenditure in local currency rose 6.67% to NIO 2.60 bil in Nicaragua in 2017, according to the SIPRI Military Expenditure Database.
Historically, military expenditure in local currency in Nicaragua reached an all time high of NIO 2.70 bil in 2015 and an all time low of NIO < 0.001 bil in 1968.
Nicaragua has been ranked 114th within the group of 151 countries we follow in terms of military expenditure in local currency, 10 places above the position seen 10 years ago.
| Military Expenditure (Local Currency) | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Belize | BZD bil | 0.043 | 0.046 | 0.047 | 0.049 | 0.052 | ||||||||||||||||
| Costa Rica | CRC bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| El Salvador | SVC bil | 0.248 | 0.261 | 0.295 | 0.317 | 0.344 | ||||||||||||||||
| Guatemala | GTQ bil | 2.21 | 2.02 | 2.05 | 2.55 | 2.65 | ||||||||||||||||
| Honduras | HNL bil | 8.26 | 9.36 | 9.21 | 9.99 | 8.65 | ||||||||||||||||
| Mexico | MXN bil | 99.7 | 95.7 | 112 | 128 | 173 | ||||||||||||||||
| Nicaragua | NIO bil | 2.43 | 2.60 | 2.58 | 2.53 | 2.73 | ||||||||||||||||
| Panama | PAB bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| USA | USD bil | 640 | 647 | 682 | 734 | 778 |
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