Nicaragua recorded a Government Budget deficit equal to 1.90 percent of the country's Gross Domestic Product in 2017. Government Budget in Nicaragua averaged -0.82 percent of GDP from 1990 until 2017, 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.

Government Budget in Nicaragua is expected to be -2.30 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nicaragua Government Budget is projected to trend around -2.30 percent of GDP in 2020, according to our econometric models.

Nicaragua Government Budget
Forecast Data Chart
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Nicaragua Government Last Previous Highest Lowest Unit
Government Debt to GDP 46.80 44.80 169.10 44.80 percent [+]
Government Budget -1.90 -2.00 3.22 -8.56 percent of GDP [+]
Government Budget Value 663.19 -1008.03 3782.91 -4529.47 NIO Million [+]
Government Spending 17602.10 17291.80 17602.10 8293.70 NIO Million [+]
Government Revenues 4662.57 4857.67 11169.40 630.55 NIO Million [+]
Fiscal Expenditure 3748.38 5082.70 8136.08 627.89 NIO Million [+]
Government Debt 216028.20 214596.60 216028.20 121508.27 NIO Million [+]
Credit Rating 32.50 [+]
Military Expenditure 84.40 85.10 98.90 5.80 USD 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. This page provides - Nicaragua Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nicaragua Government Budget - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-1.90 -2.00 3.22 -8.56 1990 - 2017 percent of GDP Yearly

Country Last Previous
Argentina -3.90 Dec/17
Australia -1.90 Dec/17
Brazil -7.80 Dec/17
Canada -0.90 Dec/17
China -3.50 Dec/17
Euro Area -0.90 Dec/17
France -2.60 Dec/17
Germany 1.30 Dec/17
India -3.53 Dec/17
Indonesia -2.50 Dec/17
Italy -2.30 Dec/17
Japan -4.50 Dec/17
Mexico -2.90 Dec/17
Netherlands 1.10 Dec/17
Russia -1.50 Dec/17
Saudi Arabia -8.90 Dec/17
Singapore 0.30 Dec/17
South Africa -4.60 Dec/17
South Korea -2.00 Dec/17
Spain -3.10 Dec/17
Switzerland 1.20 Dec/17
Turkey -1.50 Dec/17
United Kingdom -2.30 Dec/17
United States -3.50 Dec/17