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Nicaragua - Military expenditure in current prices

84 (million US dollars) in 2017

In 2017, military expenditure for Nicaragua was 84 million US dollars. Military expenditure of Nicaragua increased from 26 million US dollars in 1998 to 84 million US dollars in 2017 growing at an average annual rate of 6.92 %.

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What is military expenditure?

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

What is Nicaragua military expenditure?

Date Value Change, %
2017 84 -1.43 %
2016 85 -14.01 %
2015 99 21.55 %
2014 81 9.20 %
2013 75 6.27 %
2012 70 36.30 %
2011 51 16.22 %
2010 44 6.11 %
2009 42 -2.20 %
2008 43 8.08 %
2007 39 5.87 %
2006 37