Fiscal Expenditure in Nicaragua decreased to 7028.70 NIO Million in December from 7134.10 NIO Million in November of 2020. source: Banco Central De Nicaragua

Fiscal Expenditure in Nicaragua averaged 3285.39 NIO Million from 2003 until 2020, reaching an all time high of 8728.35 NIO Million in December of 2019 and a record low of 627.89 NIO Million in January of 2004. This page provides - Nicaragua Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nicaragua Fiscal Expenditure - values, historical data and charts - was last updated on September of 2021.

Fiscal Expenditure in Nicaragua is expected to be 5468.92 NIO Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in Nicaragua to stand at 5420.24 in 12 months time. In the long-term, the Nicaragua Fiscal Expenditure is projected to trend around 5426.82 NIO Million in 2022 and 5427.00 NIO Million in 2023, according to our econometric models.

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Nicaragua Fiscal Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
7028.70 7134.10 8728.35 627.89 2003 - 2020 NIO Million Monthly
Current Prices, NSA

Nicaragua Government Last Previous Highest Lowest Unit
Government Debt to GDP 64.80 56.80 169.10 44.60 percent of GDP [+]
Government Budget -1.00 0.30 3.22 -8.56 percent of GDP [+]
Government Budget Value 626.50 1823.60 4827.02 -5638.05 NIO Million [+]
Government Spending 16637.00 15912.30 16637.00 8293.70 NIO Million [+]
Government Revenues 11160.80 8153.00 11160.80 630.55 NIO Million [+]
Fiscal Expenditure 7028.70 7134.10 8728.35 627.89 NIO Million [+]
Military Expenditure 78.30 76.90 98.90 0.10 USD Million [+]
Credit Rating 25.00 [+]
Government Debt 293562.10 291345.10 293562.10 121508.27 NIO Million [+]

Nicaragua Fiscal Expenditure
Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation.