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 November of 2021.

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/20
Government Budget -1.00 0.30 percent of GDP Dec/20
Government Budget Value 2.40 626.50 NIO Million Jun/21
Government Spending 16637.00 15912.30 NIO Million Dec/20
Government Revenues 8408.90 8044.70 NIO Million Jun/21
Fiscal Expenditure 5770.30 6544.90 NIO Million Feb/21
Government Debt 327199.70 310934.80 NIO Million Aug/21
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.