Expense in Nicaragua
Nicaragua: Expense was 16.3% in 2023. ◆ Volatile
Expense in Nicaragua, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Nicaragua recorded 16.3% for expense in 2023.
That represents a change of down 2.4% on the previous year and up 7.9% over ten years.
Over the whole period, expense in Nicaragua peaked at 65.2% in 1990 and was at its lowest, 10.8%, in 1996.
Nicaragua ranks 129th of 157 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Expense in Nicaragua, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 65.2% | — |
| 1991 | 23.7% | -63.6% |
| 1992 | 24.4% | +2.8% |
| 1993 | 25.2% | +3.2% |
| 1994 | 11.3% | -55.1% |
| 1995 | 10.9% | -3.4% |
| 1996 | 10.8% | -1.1% |
| 1997 | 11.3% | +4.6% |
| 1998 | 11.4% | +1.4% |
| 1999 | 12.7% | +10.8% |
| 2000 | 12.7% | +0.1% |
| 2001 | 14.4% | +13.6% |
| 2002 | 12.2% | -15.4% |
| 2003 | 13.2% | +7.8% |
| 2004 | 12.9% | -1.7% |
| 2005 | 13.7% | +6.1% |
| 2006 | 15.1% | +9.9% |
| 2007 | 14.7% | -2.5% |
| 2008 | 15.2% | +3.5% |
| 2009 | 15.5% | +1.9% |
| 2010 | 15.0% | -3.3% |
| 2011 | 15.0% | -0.1% |
| 2012 | 15.2% | +1.7% |
| 2013 | 15.1% | -0.9% |
| 2014 | 15.4% | +2.2% |
| 2015 | 15.9% | +3.2% |
| 2016 | 16.4% | +2.9% |
| 2017 | 16.5% | +0.8% |
| 2018 | 16.8% | +2.0% |
| 2019 | 16.5% | -2.3% |
| 2020 | 16.4% | -0.2% |
| 2021 | 17.2% | +4.6% |
| 2022 | 16.7% | -2.8% |
| 2023 | 16.3% | -2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.7% | 10.8% | 65.2% | 10 |
| 2000s | 14.0% | 12.2% | 15.5% | 10 |
| 2010s | 15.8% | 15.0% | 16.8% | 10 |
| 2020s | 16.6% | 16.3% | 17.2% | 4 |
Countries ranked near Nicaragua
- 126 Philippines 16.9% compare
- 127 Uganda 16.6% compare
- 128 Tanzania, United Republic of 16.3% compare
- 130 Congo 16.1% compare
- 131 Switzerland 16.1% compare
- 132 Togo 16.0% compare
More economy & growth data for Nicaragua
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.29 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.5 Percent per annum (2029)
- Services, value added (current US$), annual growth rate 8.94 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.452 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 1,434 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 8.94 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 16.55 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 52,527 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 4.66 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.349 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is expense in Nicaragua?
- Expense in Nicaragua was 16.3% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Nicaragua?
- The highest recorded value was 65.2% in 1990.
- What is the lowest expense recorded in Nicaragua?
- The lowest recorded value was 10.8% in 1996.
- How does Nicaragua rank for expense?
- Nicaragua ranks 129th out of 157 countries with data for 2023.
- Is expense rising or falling in Nicaragua?
- Over the last ten years it is up 7.9%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
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.