Government Debt to GDP in Nicaragua increased to 57.20 percent in 2019 from 52.90 percent in 2018. source: Banco Central de Nicaragua

Government Debt to GDP in Nicaragua averaged 88.01 percent from 1997 until 2019, reaching an all time high of 169.10 percent in 2000 and a record low of 44.60 percent in 2016. This page provides - Nicaragua Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nicaragua Government Debt to GDP - values, historical data and charts - was last updated on July of 2021.

Government Debt to GDP in Nicaragua is expected to reach 63.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nicaragua Government Debt to GDP is projected to trend around 61.00 percent in 2021 and 59.00 percent in 2022, according to our econometric models.

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Nicaragua Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
57.20 52.90 169.10 44.60 1997 - 2019 percent of GDP Yearly

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 Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.