Nicaragua recorded a Government Budget deficit equal to 1 percent of the country's Gross Domestic Product in 2020. source: Banco Central de Nicaragua
Government Budget in Nicaragua averaged -0.73 percent of GDP from 1990 until 2020, 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. This page provides - Nicaragua Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nicaragua Government Budget - values, historical data and charts - was last updated on July of 2021.
Government Budget in Nicaragua is expected to reach -3.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nicaragua Government Budget is projected to trend around -2.50 percent of GDP in 2022, according to our econometric models.