Military expenditure at constant USD prices from 2014 fell 12.3% to USD 71.4 mil in Nicaragua in 2015, according to the SIPRI Military Expenditure Database.
Historically, military expenditure at constant USD prices from 2014 in Nicaragua reached an all time high of USD 101 mil in 1990 and an all time low of USD 36.7 mil in 1998. When compared to Nicaragua's main peers, military expenditure at constant USD prices from 2014 in Costa Rica amounted to USD 0 mil, USD 226 mil in El Salvador, USD 330 mil in Honduras and USD 8,976 mil in Mexico in 2015.
Nicaragua has been ranked 123rd within the group of 142 countries we follow in terms of military expenditure at constant USD prices from 2014, 13 places above the position seen 10 years ago.
| Military Expenditure (Constant 2014 USD) | Unit | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Belize | USD mil | ... | ... | 18.1 | 15.2 | 15.9 | 15.5 | 17.9 | ||||||||||||||
| Costa Rica | USD mil | ... | ... | ... | ... | ... | ||||||||||||||||
| El Salvador | USD mil | 209 | 219 | 229 | 229 | 240 | ||||||||||||||||
| Guatemala | USD mil | 192 | 210 | 223 | 245 | 262 | ||||||||||||||||
| Honduras | USD mil | ... | ... | ... | ... | ... | 190 | 197 | 218 | 226 | 302 | |||||||||||
| Mexico | USD mil | 5,977 | 6,517 | 6,799 | 7,466 | 7,833 | ||||||||||||||||
| Nicaragua | USD mil | 45.4 | 47.9 | 54.1 | 72.3 | 75.3 | ||||||||||||||||
| Panama | USD mil | ... | ... | ... | ... | ... | ||||||||||||||||
| USA | USD mil | 737,747 | 757,992 | 748,646 | 706,082 | 650,081 |
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