Nicaragua recorded a government budget surplus of 663.19 NIO Million in September of 2018. Government Budget Value in Nicaragua averaged -346.35 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.

Government Budget Value in Nicaragua is expected to be 332.76 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 201.16 in 12 months time. In the long-term, the Nicaragua Government Budget Value is projected to trend around 196.20 NIO Million in 2020, according to our econometric models.

Nicaragua Government Budget Value
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 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. This page provides - Nicaragua Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nicaragua Government Budget Value - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
663.19 -1008.03 3782.91 -4529.47 2002 - 2018 NIO Million Monthly
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Argentina -16585.90 Oct/18
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