Government Spending in Nicaragua decreased to 15389.60 NIO Million in 2018 from 17602.10 NIO Million in 2017.

Government Spending in Nicaragua averaged 11480.93 NIO Million from 1994 until 2018, reaching an all time high of 17602.10 NIO Million in 2017 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.

Government Spending in Nicaragua is expected to be 14943.00 NIO Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nicaragua Government Spending is projected to trend around 16235.00 NIO Million in 2020, according to our econometric models.

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Nicaragua Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
15389.60 17602.10 17602.10 8293.70 1994 - 2018 NIO Million Yearly
Constant Prices, NSA

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.

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 [+]