Government Spending in Nicaragua increased to 16637 NIO Million in 2020 from 15912.30 NIO Million in 2019. source: Banco Central De Nicaragua

Government Spending in Nicaragua averaged 11976.79 NIO Million from 1994 until 2020, reaching an all time high of 16637 NIO Million in 2020 and a record low of 8293.70 NIO Million in 1994. This page provides - Nicaragua Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nicaragua Government Spending - values, historical data and charts - was last updated on July of 2022.

Government Spending in Nicaragua is expected to reach 17219.00 NIO Million by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nicaragua Government Spending is projected to trend around 17564.00 NIO Million in 2023 and 17915.00 NIO Million in 2024, according to our econometric models.

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Nicaragua Government Spending



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 Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.
Actual Previous Highest Lowest Dates Unit Frequency
16637.00 15912.30 16637.00 8293.70 1994 - 2020 NIO Million Yearly
Constant Prices, NSA