Military expenditure in local currency reached NIO 3.02 bil in 2022 in Nicaragua, according to the SIPRI Military Expenditure Database. This is 11.4% more than in the previous year.
Historically, military expenditure in local currency in Nicaragua reached an all time high of NIO 3.02 bil in 2022 and an all time low of NIO < 0.001 bil in 1968.
Nicaragua has been ranked 113th within the group of 150 countries we follow in terms of military expenditure in local currency.
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