Education spending in Nicaragua

Nicaragua: Education spending was 2.87 in 2023. ▲ Rising

Latest (2023)
2.87
Change on year
down 24.5%
World rank
155th
of 199 countries
All-time high
5.35
in 1987
All-time low
2.04
in 1970
Years of data
20
1970–2023

Education spending in Nicaragua, 1970–2023

02461970199620231970: 21971: 2.51987: 5.41992: 31998: 2.21999: 2.92000: 32002: 2.42003: 2.42010: 4.52014: 4.12015: 4.12016: 4.12017: 4.42018: 4.52019: 4.62020: 4.62021: 4.12022: 3.82023: 2.9

Source: Our World in Data.

Analysis

In 2023, education spending in Nicaragua stood at 2.87.

The figure is down 24.5% on the previous year and down 29.7% over ten years.

Over the whole period, education spending in Nicaragua peaked at 5.35 in 1987 and was at its lowest, 2.04, in 1970.

That places Nicaragua 155th out of 199 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 20 years of available data.

Education spending in Nicaragua, year by year

Annual values for Education spending in Nicaragua, 1970 to 2023.
Year Value Change
1970 2.04 —
1971 2.49 +22.2%
1987 5.35 +114.8%
1992 2.98 -44.2%
1998 2.23 -25.4%
1999 2.92 +31.3%
2000 3 +2.7%
2002 2.39 -20.3%
2003 2.42 +1.3%
2010 4.48 +85.1%
2014 4.08 -8.9%
2015 4.08 -0.1%
2016 4.08 +0.1%
2017 4.36 +6.8%
2018 4.47 +2.7%
2019 4.6 +2.8%
2020 4.58 -0.4%
2021 4.09 -10.8%
2022 3.8 -7.0%
2023 2.87 -24.5%

Nicaragua compared with similar countries

  • Nicaragua's 2.87 is below the median for lower middle income countries, which is 4.02, 71% of the median. (47 countries reporting)
  • Nicaragua's 2.87 is below the median for Latin America & Caribbean, which is 4.06, 71% of the median. (39 countries reporting)

Biggest year-on-year movements

Years where Education spending in Nicaragua changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1987 +114.8% 2.49 5.35
2010 +85.1% 2.42 4.48

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.27 2.04 2.49 2
1980s 5.35 5.35 5.35 1
1990s 2.71 2.23 2.98 3
2000s 2.6 2.39 3 3
2010s 4.31 4.08 4.6 7
2020s 3.83 2.87 4.58 4

Countries ranked near Nicaragua

  1. 152 Ireland 2.9 compare
  2. 153 San Marino 2.9 compare
  3. 154 Vietnam 2.89 compare
  4. 156 Suriname 2.87 compare
  5. 157 Democratic Republic of Congo 2.84 compare
  6. 158 Cameroon 2.84 compare

See the full ranking of 199 places →

More education data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is education spending in Nicaragua?
Education spending in Nicaragua was 2.87 in 2023, according to Our World in Data.
What is the highest education spending recorded in Nicaragua?
The highest recorded value was 5.35 in 1987.
What is the lowest education spending recorded in Nicaragua?
The lowest recorded value was 2.04 in 1970.
How does Nicaragua rank for education spending?
Nicaragua ranks 155th out of 199 countries with data for 2023.
Is education spending rising or falling in Nicaragua?
Over the last ten years it is down 29.7%. The long-run trend across the full record is rising.
Where does this Nicaragua data come from?
The figures come from Our World in Data, published as part of Education spending. Statizoid updates them automatically from the source API.

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Education spending in Nicaragua. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://education.statizoid.com/stat/education-spending/nicaragua/

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About this data

Indicator
Education spending
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
199 places, 5,187 data points, 1870–2025
Last refreshed