Nicaragua recorded a Government Budget surplus equal to 0.80 percent of the country's Gross Domestic Product in 2022. Government Budget in Nicaragua averaged -0.81 percent of GDP from 1990 until 2023, 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. source: Banco Central de Nicaragua

Government Budget in Nicaragua is expected to reach 2.00 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nicaragua Government Budget is projected to trend around 1.10 percent of GDP in 2025 and 1.70 percent of GDP in 2026, according to our econometric models.




Related Last Previous Unit Reference
Fiscal Expenditure 14283.33 7844.03 NIO Million Oct 2024
Government Budget 2.90 0.70 percent of GDP Dec 2023
Government Budget Value -2780.93 2790.87 NIO Million Oct 2024
Government Debt 386137.00 385673.60 NIO Million Oct 2024
Government Debt to GDP 41.70 44.60 percent of GDP Dec 2023
Government Revenues 12361.70 12005.10 NIO Million Oct 2024
Government Spending 41282.20 39310.90 NIO Million Dec 2023

Nicaragua Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
2.90 0.70 3.22 -8.56 1990 - 2023 percent of GDP Yearly