Nicaragua recorded a government budget deficit of 303.08 NIO Million in December of 2018. Government Budget Value in Nicaragua averaged -375.19 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 146.40 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 199.24 in 12 months time. In the long-term, the Nicaragua Government Budget Value is projected to trend around 192.79 NIO Million in 2020, according to our econometric models.