Grenada vs Nicaragua: Share of central government spending funded by taxes

Grenada
98.3%
in 2017
Nicaragua
105.0%
in 2023
Grenada rank
3rd
Nicaragua rank
1st

Share of central government spending funded by taxes over time

  • Grenada
  • Nicaragua
0255075100200020112023

How they compare

Nicaragua currently reports 105.0% against 98.3% in Grenada, a difference of 6.7%.

That makes Nicaragua's figure about 1.1 times Grenada's.

The two have swapped places 4 times across 18 shared years of data; in 2000 it was Grenada ahead.

Grenada ranks 3rd and Nicaragua ranks 1st of 174 countries.

Nicaragua has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Grenada Nicaragua Difference Ahead
2000s 66.8% 69.9% 3.0% Nicaragua
2010s 77.4% 85.6% 8.1% Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher share of central government spending funded by taxes, Grenada or Nicaragua?
Nicaragua, at 105.0% against 98.3% in Grenada as of 2023.
What is the difference in share of central government spending funded by taxes between Grenada and Nicaragua?
6.7%, with Nicaragua ahead.
How many years of comparable data are there for Grenada and Nicaragua?
18 years are reported by both, from 2000 to 2017.
How do Grenada and Nicaragua rank globally for share of central government spending funded by taxes?
Grenada ranks 3rd 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.

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Grenada vs Nicaragua: Share of central government spending funded by taxes. Statizoid, drawing on International Monetary Fund – with minor processing by Our World in Data. Retrieved 15 September 2026, from https://economy.statizoid.com/compare/share-of-central-government-expenditures-funded-by-taxes/grenada/nicaragua/

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About this data

Indicator
Share of central government spending funded by taxes
Unit
%
Source
International Monetary Fund – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
174 places, 3,268 data points, 2000–2023
Last refreshed

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.