Guatemala vs Nicaragua: Total Expenditure (central government) — Value Standard Local Currency
Total Expenditure (central government) — Value Standard Local Currency over time
- Guatemala
- Nicaragua
How they compare
Nicaragua currently reports 123,860 million SLC against 103,339 million SLC in Guatemala, a difference of 20,521 million SLC.
That makes Nicaragua's figure about 1.2 times Guatemala's.
The two have swapped places 3 times across 23 shared years of data; in 2001 it was Guatemala ahead.
Guatemala ranks 101st and Nicaragua ranks 98th of 174 countries.
Across the 3 decades both report, Guatemala averaged higher in 2 and Nicaragua in 1.
Head to head by decade
| Decade | Guatemala | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 30,876 million SLC | 19,662 million SLC | 11,214 million SLC | Guatemala |
| 2010s | 64,474 million SLC | 59,008 million SLC | 5,466 million SLC | Guatemala |
| 2020s | 88,518 million SLC | 109,189 million SLC | 20,671 million SLC | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total expenditure (central government) — value standard local currency, Guatemala or Nicaragua?
- Nicaragua, at 123,860 million SLC against 103,339 million SLC in Guatemala as of 2023.
- What is the difference in total expenditure (central government) — value standard local currency between Guatemala and Nicaragua?
- 20,521 million SLC, with Nicaragua ahead.
- How many years of comparable data are there for Guatemala and Nicaragua?
- 23 years are reported by both, from 2001 to 2023.
- How do Guatemala and Nicaragua rank globally for total expenditure (central government) — value standard local currency?
- Guatemala ranks 101st and Nicaragua ranks 98th of 174 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Total Expenditure (central government) — Value Standard Local Currency. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.