Denmark vs Nicaragua: Share of central government spending funded by taxes
Denmark
93.9%
in 2023
Nicaragua
105.0%
in 2023
Denmark rank
4th
Nicaragua rank
1st
Share of central government spending funded by taxes over time
- Denmark
- Nicaragua
How they compare
Nicaragua currently reports 105.0% against 93.9% in Denmark, a difference of 11.1%.
That makes Nicaragua's figure about 1.1 times Denmark's.
The two have swapped places 3 times across 24 shared years of data; in 2000 it was Denmark ahead.
Denmark ranks 4th and Nicaragua ranks 1st of 174 countries.
Denmark has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Denmark | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 88.9% | 69.9% | 19.0% | Denmark |
| 2010s | 86.8% | 85.5% | 1.3% | Denmark |
| 2020s | 93.8% | 93.5% | 0.3% | Denmark |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of central government spending funded by taxes, Denmark or Nicaragua?
- Nicaragua, at 105.0% against 93.9% in Denmark as of 2023.
- What is the difference in share of central government spending funded by taxes between Denmark and Nicaragua?
- 11.1%, with Nicaragua ahead.
- How many years of comparable data are there for Denmark and Nicaragua?
- 24 years are reported by both, from 2000 to 2023.
- How do Denmark and Nicaragua rank globally for share of central government spending funded by taxes?
- Denmark ranks 4th and Nicaragua ranks 1st of 174 countries.
- Where does this data come from?
- International Monetary Fund – with minor processing by Our World in Data, published as Share of central government spending funded by taxes. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Spending refers to the budgetary central government which includes the core institutions of the national government. Funds only include taxes; Fines, penalties, and most social security contributions are excluded.