Government Spending in Nicaragua increased to 16637 NIO Million in 2020 from 15912.30 NIO Million in 2019. source: Banco Central De Nicaragua

Government Spending in Nicaragua averaged 11976.79 NIO Million from 1994 until 2020, reaching an all time high of 16637 NIO Million in 2020 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. Nicaragua Government Spending - values, historical data and charts - was last updated on December of 2021.

Government Spending in Nicaragua is expected to reach 17469.00 NIO Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nicaragua Government Spending is projected to trend around 17609.00 NIO Million in 2022 and 17785.00 NIO Million in 2023, according to our econometric models.

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Nicaragua Government Spending

Related Last Previous Unit Reference
Government Debt to GDP 64.80 56.80 percent of GDP Dec/20
Government Budget -1.00 0.30 percent of GDP Dec/20
Government Budget Value 2.40 626.50 NIO Million Jun/21
Government Spending 16637.00 15912.30 NIO Million Dec/20
Government Revenues 8408.90 8044.70 NIO Million Jun/21
Fiscal Expenditure 5770.30 6544.90 NIO Million Feb/21
Government Debt 327199.70 310934.80 NIO Million Aug/21
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.