Government Spending in Nicaragua decreased to 17103.20 NIO Million in 2022 from 36884.50 NIO Million in 2021. Government Spending in Nicaragua averaged 18425.26 NIO Million from 1994 until 2023, reaching an all time high of 41282.20 NIO Million in 2023 and a record low of 8293.70 NIO Million in 1994. source: Banco Central De Nicaragua

Government Spending in Nicaragua is expected to reach 17411.00 NIO Million by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nicaragua Government Spending is projected to trend around 17724.00 NIO Million in 2025 and 18256.00 NIO Million in 2026, according to our econometric models.

Related Last Previous Unit Reference
Fiscal Expenditure 12572.05 10052.13 NIO Million Dec 2023
Government Budget 2.90 0.70 percent of GDP Dec 2023
Government Budget Value -2369.25 -238.13 NIO Million Dec 2023
Government Debt 369332.10 377016.10 NIO Million Dec 2023
Government Debt to GDP 56.60 60.60 percent of GDP Dec 2023
Government Revenues 11934.60 11410.90 NIO Million Dec 2023
Government Spending 41282.20 39310.90 NIO Million Dec 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
41282.20 39310.90 41282.20 8293.70 1994 - 2023 NIO Million Yearly
Constant Prices, NSA