Nicaragua recorded a Government Budget deficit equal to 2.60 percent of the country's Gross Domestic Product in 2018. Government Budget in Nicaragua averaged -0.85 percent of GDP from 1990 until 2018, 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 -1.80 percent of GDP in 2020, according to our econometric models.

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Nicaragua Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-2.60 -1.50 3.22 -8.56 1990 - 2018 percent of GDP Yearly


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.

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 15389.60 17602.10 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 [+]
Credit Rating 26.00 [+]
Military Expenditure 81.30 86.70 98.10 0.10 USD Million [+]
Government Debt 222601.50 221086.70 222601.50 121508.27 NIO Million [+]