Nicaragua NI: Military Expenditure as % of General Government Expenditure

2000 - 2017 | Yearly | % | World Bank

Nicaragua NI: Military Expenditure as % of General Government Expenditure data was reported at 2.240 % in 2017. This records a decrease from the previous number of 2.400 % for 2016. Nicaragua NI: Military Expenditure as % of General Government Expenditure data is updated yearly, averaging 2.392 % from Dec 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 3.068 % in 2015 and a record low of 2.223 % in 2001. Nicaragua NI: Military Expenditure as % of General Government Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nicaragua – Table NI.World Bank.WDI: Defense and Official Development Assistance. 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.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; Weighted average; Data for some countries are based on partial or uncertain data or rough estimates.

View Nicaragua's Nicaragua NI: Military Expenditure as % of General Government Expenditure from 2000 to 2017 in the chart:

Nicaragua Nicaragua NI: Military Expenditure as % of General Government Expenditure

What was Nicaragua's Nicaragua NI: Military Expenditure as % of General Government Expenditure in 2017?

Last Previous Min Max Unit Frequency Range
2.240 2017 2.400 2016 2.223 2001 3.068 2015 % yearly 2000 - 2017

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Nicaragua Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 9,052.290 2027 yearly 1994 - 2027
Forecast: Nominal GDP Per Capita (USD) 3,017.240 2027 yearly 1994 - 2027
Forecast: Real GDP Growth (%) 3.000 2027 yearly 1980 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (NIO bn) 307.521 2029 yearly 2000 - 2029
Forecast: Government Net Debt (NIO bn) 397.850 2029 yearly 1997 - 2029
Forecast: Government Revenue (NIO bn) 303.907 2029 yearly 2000 - 2029
Demographic and Labour Market Last Frequency Range
Forecast: Employment (Person mn) 0.000 yearly -
Forecast: Population (Person mn) 7.031 2028 yearly 1994 - 2028
Forecast: Unemployment Rate (%) 4.153 2029 yearly 1980 - 2029
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 4.000 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) 0.201 2029 yearly 1980 - 2029

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