Military expenditure as % of GDP - Nicaragua

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Value & RankThe Military expenditure as % of GDP of Nicaragua is 0.76 (% of GDP) with a global rank of 137.
Nicaragua compared to other CountriesThe Military expenditure as % of GDP of Nicaragua is similar to that of Jamaica, Ethiopia, Switzerland, Austria, Lithuania, Somalia, Liberia, Argentina, Mexico, Dominican Republic with a respective Military expenditure as % of GDP of 0.85, 0.82, 0.78, 0.78, 0.78, 0.75, 0.75, 0.74, 0.62, 0.61 (% of GDP) and a global rank of 132, 133, 134, 135, 136, 138, 139, 140, 141, 142.Last 10 years averageNicaragua had an average Military expenditure as % of GDP of 0.57 (% of GDP) in the last 10 years from (2003 to 2013).
Nicaragua during the Great RecessionNicaragua's Military expenditure as % of GDP had a negative growth (decline) of 9.33% during the Great RecessionNicaragua since the end of the Great RecessionNicaragua's Military expenditure as % of GDP had a positive growth of 51.8% since the end of the Great Recession

Year	Military expenditure as % of GDP (% of GDP) - Nicaragua
1991	4.00
1992	2.63
1993	2.10
1994	0.92
1995	0.85
1996	0.73
1997	0.69
1998	0.57
1999	0.55
2000	0.60
2001	0.53
2002	0.67
2003	0.66
2004	0.56
2005	0.54
2006	0.55
2007	0.53
2008	0.50
2009	0.50
2010	0.50
2011	0.52
2012	0.66
2013	0.76

Country Name	Global Rank	Military expenditure as % of GDP (% of GDP)
Jamaica	132	0.85
Ethiopia	133	0.82
Switzerland	134	0.78
Austria	135	0.78
Lithuania	136	0.78
Nicaragua	137	0.76
Somalia	138	0.75
Liberia	139	0.75
Argentina	140	0.74
Mexico	141	0.62
Dominican Republic	142	0.61

click on the following link or the worldmap below to view a complete list of countries by Military expenditure as % of GDP

Datasource: Workbank - World Development Indicators