Government Spending in Nicaragua increased to 16119.40 NIO Million in 2019 from 15389.60 NIO Million in 2018.

Government Spending in Nicaragua averaged 11659.33 NIO Million from 1994 until 2019, 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. Nicaragua Government Spending - values, historical data and charts - was last updated on July of 2020.

Government Spending in Nicaragua is expected to reach 15168.00 NIO Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nicaragua Government Spending is projected to trend around 15290.00 NIO Million in 2021 and 15519.00 NIO Million in 2022, according to our econometric models.

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Nicaragua Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
16119.40 15389.60 17602.10 8293.70 1994 - 2019 NIO Million Yearly
Constant Prices, NSA

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 16119.40 15389.60 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 [+]
Military Expenditure 81.30 86.70 98.10 0.10 USD Million [+]
Credit Rating 25.00 [+]
Government Debt 222601.50 221086.70 222601.50 121508.27 NIO Million [+]


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.