Government revenues as a share of GDP in Nicaragua
Nicaragua: Government revenues as a share of GDP was 21.6% in 2023. ▲ Rising
Government revenues as a share of GDP in Nicaragua, 2000–2023
Source: International Monetary Fund – with minor processing by Our World in Data. Measured in %.
Analysis
In 2023, government revenues as a share of gdp in Nicaragua stood at 21.6%.
That represents a change of down 0.2% on the previous year and up 25.8% over ten years.
Over the whole period, government revenues as a share of gdp in Nicaragua peaked at 21.7% in 2022 and was at its lowest, 13.1%, in 2001.
That places Nicaragua 127th out of 174 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Government revenues as a share of GDP in Nicaragua, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 14.5% | — |
| 2001 | 13.1% | -9.9% |
| 2002 | 13.6% | +3.6% |
| 2003 | 15.2% | +12.3% |
| 2004 | 15.8% | +4.0% |
| 2005 | 16.5% | +4.2% |
| 2006 | 17.8% | +8.3% |
| 2007 | 17.9% | +0.2% |
| 2008 | 16.4% | -8.1% |
| 2009 | 16.0% | -2.9% |
| 2010 | 16.3% | +1.9% |
| 2011 | 17.2% | +5.8% |
| 2012 | 17.6% | +2.6% |
| 2013 | 17.2% | -2.5% |
| 2014 | 17.4% | +1.5% |
| 2015 | 17.7% | +1.5% |
| 2016 | 18.5% | +4.5% |
| 2017 | 18.7% | +1.2% |
| 2018 | 17.6% | -5.9% |
| 2019 | 19.5% | +10.4% |
| 2020 | 19.0% | -2.3% |
| 2021 | 21.1% | +10.8% |
| 2022 | 21.7% | +2.8% |
| 2023 | 21.6% | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.7% | 13.1% | 17.9% | 10 |
| 2010s | 17.8% | 16.3% | 19.5% | 10 |
| 2020s | 20.8% | 19.0% | 21.7% | 4 |
Countries ranked near Nicaragua
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 73.80 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0037 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 10.67 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.35 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 21.4 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0687 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 195.53 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 36.36 % change on previous year (2025)
Frequently asked questions
- What is government revenues as a share of gdp in Nicaragua?
- Government revenues as a share of gdp in Nicaragua was 21.6% in 2023, according to International Monetary Fund – with minor processing by Our World in Data.
- What is the highest government revenues as a share of gdp recorded in Nicaragua?
- The highest recorded value was 21.7% in 2022.
- What is the lowest government revenues as a share of gdp recorded in Nicaragua?
- The lowest recorded value was 13.1% in 2001.
- How does Nicaragua rank for government revenues as a share of gdp?
- Nicaragua ranks 127th out of 174 countries with data for 2023.
- Is government revenues as a share of gdp rising or falling in Nicaragua?
- Over the last ten years it is up 25.8%. The long-run trend across the full record is rising.
- Where does this Nicaragua data come from?
- The figures come from International Monetary Fund – with minor processing by Our World in Data, published as part of Government revenues as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales included.