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. This page provides - Nicaragua Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nicaragua Government Budget - values, historical data and charts - was last updated on October of 2020.
Government Budget in Nicaragua is expected to reach -4.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nicaragua Government Budget is projected to trend around -3.00 percent of GDP in 2021 and -2.50 percent of GDP in 2022, according to our econometric models.