Nicaragua recorded a government budget deficit of 2518.80 NIO Million in December of 2020. source: Banco Central De Nicaragua

Government Budget Value in Nicaragua averaged -370.58 NIO Million from 2002 until 2020, reaching an all time high of 4827.02 NIO Million in March of 2019 and a record low of -5638.05 NIO Million in December of 2019. This page provides - Nicaragua Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nicaragua Government Budget Value - values, historical data and charts - was last updated on August of 2021.

Government Budget Value in Nicaragua is expected to be 192.97 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 192.79 in 12 months time. In the long-term, the Nicaragua Government Budget Value is projected to trend around 192.79 NIO Million in 2022, according to our econometric models.

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Nicaragua Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-2518.80 -1461.10 4827.02 -5638.05 2002 - 2020 NIO Million Monthly
Current Prices, NSA

Nicaragua Government Last Previous Highest Lowest Unit
Government Debt to GDP 57.20 52.90 169.10 44.60 percent of GDP [+]
Government Budget -1.00 0.30 3.22 -8.56 percent of GDP [+]
Government Budget Value -2518.80 -1461.10 4827.02 -5638.05 NIO Million [+]
Government Spending 16637.00 15912.30 16637.00 8293.70 NIO Million [+]
Government Revenues 7975.20 7319.60 11137.60 630.55 NIO Million [+]
Fiscal Expenditure 7028.70 7134.10 8728.35 627.89 NIO Million [+]
Military Expenditure 78.30 76.90 98.90 0.10 USD Million [+]
Credit Rating 25.00 [+]
Government Debt 282998.80 274342.90 282998.80 121508.27 NIO Million [+]


Nicaragua Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.