Nicaragua vs Philippines: Expense

Nicaragua
16.3%
in 2023
Philippines
16.9%
in 2023
Nicaragua rank
129th
Philippines rank
126th

Expense over time

  • Nicaragua
  • Philippines
204060199020062023

How they compare

Philippines currently reports 16.9% against 16.3% in Nicaragua, a difference of 0.6%.

The two have swapped places 3 times across 28 shared years of data; in 1990 it was Nicaragua ahead.

Nicaragua ranks 129th and Philippines ranks 126th of 157 countries.

Across the 4 decades both report, Nicaragua averaged higher in 2 and Philippines in 2.

Head to head by decade

Decade Nicaragua Philippines Difference Ahead
1990s 34.6% 14.2% 20.4% Nicaragua
2000s 14.0% 15.3% 1.3% Philippines
2010s 15.8% 13.6% 2.1% Nicaragua
2020s 16.6% 18.5% 1.9% Philippines

Averages of every year both report within each decade.

Frequently asked questions

Which has higher expense, Nicaragua or Philippines?
Philippines, at 16.9% against 16.3% in Nicaragua as of 2023.
What is the difference in expense between Nicaragua and Philippines?
0.6%, with Philippines ahead.
How many years of comparable data are there for Nicaragua and Philippines?
28 years are reported by both, from 1990 to 2023.
How do Nicaragua and Philippines rank globally for expense?
Nicaragua ranks 129th and Philippines ranks 126th of 157 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Expense (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Nicaragua vs Philippines: Expense. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 06 September 2026, from https://economy.statizoid.com/compare/expense-percent-of-gdp/nicaragua/philippines/

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About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.