Nicaragua recorded a government budget deficit of 303.08 NIO Million in December of 2018.

Government Budget Value in Nicaragua averaged -375.19 NIO Million from 2002 until 2018, reaching an all time high of 3782.91 NIO Million in March of 2016 and a record low of -4529.47 NIO Million in July of 2018. This page provides - Nicaragua Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nicaragua Government Budget Value - values, historical data and charts - was last updated on September of 2020.

Government Budget Value in Nicaragua is expected to be 199.24 NIO Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Nicaragua to stand at 192.97 in 12 months time. In the long-term, the Nicaragua Government Budget Value is projected to trend around 192.79 NIO Million in 2021, according to our econometric models.

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Nicaragua Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-303.08 -2945.64 3782.91 -4529.47 2002 - 2018 NIO Million Monthly
Current Prices, NSA

Nicaragua Government Last Previous Highest Lowest Unit
Government Debt to GDP 52.50 46.80 169.10 44.60 percent [+]
Government Budget -2.60 -1.50 3.22 -8.56 percent of GDP [+]
Government Budget Value -303.08 -2945.64 3782.91 -4529.47 NIO Million [+]
Government Spending 16119.40 15389.60 17602.10 8293.70 NIO Million [+]
Government Revenues 6003.10 5111.80 11169.40 630.55 NIO Million [+]
Fiscal Expenditure 4631.38 7035.54 8136.08 627.89 NIO Million [+]
Military Expenditure 81.30 86.70 98.10 0.10 USD Million [+]
Credit Rating 25.00 [+]
Government Debt 7304.10 7164.30 7304.10 5659.60 USD Million [+]

Nicaragua Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.