Government Budget in Nicaragua increased to 0.20 percent of GDP in 2019 from -1.90 percent of GDP in 2018. source: Banco Central de Nicaragua

Government Budget in Nicaragua averaged -0.73 percent of GDP from 1990 until 2019, reaching an all time high of 3.22 percent of GDP in 1991 and a record low of -8.56 percent of GDP in 1990. This page provides - Nicaragua Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nicaragua Government Budget - values, historical data and charts - was last updated on November of 2020.

Government Budget in Nicaragua is expected to reach -4.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nicaragua Government Budget is projected to trend around -3.00 percent of GDP in 2021 and -2.50 percent of GDP in 2022, according to our econometric models.

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Nicaragua Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
0.20 -1.90 3.22 -8.56 1990 - 2019 percent of GDP Yearly

Nicaragua Government Last Previous Highest Lowest Unit
Government Debt to GDP 57.20 52.90 169.10 44.60 percent [+]
Government Budget 0.20 -1.90 3.22 -8.56 percent of GDP [+]
Government Budget Value 1004.51 -1107.35 4827.02 -5638.05 NIO Million [+]
Government Spending 16119.40 15389.60 17602.10 8293.70 NIO Million [+]
Government Revenues 6257.10 5988.50 11137.60 630.55 NIO Million [+]
Fiscal Expenditure 4321.89 5809.55 8728.35 627.89 NIO Million [+]
Military Expenditure 81.30 86.70 98.10 0.10 USD Million [+]
Credit Rating 25.00 [+]
Government Debt 259685.50 255144.40 259685.50 121508.27 NIO Million [+]


Nicaragua Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.