Nicaragua recorded a Government Budget deficit equal to 1 percent of the country's Gross Domestic Product in 2020. source: Banco Central de Nicaragua

Government Budget in Nicaragua averaged -0.73 percent of GDP from 1990 until 2020, 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 May of 2022.

Government Budget in Nicaragua is expected to reach -0.50 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nicaragua Government Budget is projected to trend around -0.40 percent of GDP in 2022, according to our econometric models.

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Nicaragua Government Budget



Related Last Previous Unit Reference
Government Debt to GDP 64.80 56.80 percent of GDP Dec 2020
Government Budget -1.00 0.30 percent of GDP Dec 2020
Government Budget Value 2.40 626.50 NIO Million Jun 2021
Government Spending 16637.00 15912.30 NIO Million Dec 2020
Government Revenues 8408.90 8044.70 NIO Million Jun 2021
Fiscal Expenditure 5770.30 6544.90 NIO Million Feb 2021
Government Debt 327199.70 310934.80 NIO Million Aug 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
-1.00 0.30 3.22 -8.56 1990 - 2020 percent of GDP Yearly