Share of central government spending funded by taxes in Nicaragua
Nicaragua: Share of central government spending funded by taxes was 105.0% in 2023. ▲ Rising
Share of central government spending funded by taxes in Nicaragua, 2000–2023
Source: International Monetary Fund – with minor processing by Our World in Data. Measured in %.
Analysis
In 2023, share of central government spending funded by taxes in Nicaragua stood at 105.0%. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 8.0% on the previous year and up 19.8% over ten years.
Over the whole period, share of central government spending funded by taxes in Nicaragua peaked at 105.0% in 2023 and was at its lowest, 54.4%, in 2001.
Nicaragua ranks 1st of 174 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 24 years of available data.
Share of central government spending funded by taxes in Nicaragua, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 61.5% | — |
| 2001 | 54.4% | -11.5% |
| 2002 | 67.3% | +23.6% |
| 2003 | 67.3% | +0.0% |
| 2004 | 69.5% | +3.3% |
| 2005 | 72.1% | +3.7% |
| 2006 | 76.9% | +6.7% |
| 2007 | 78.9% | +2.6% |
| 2008 | 76.3% | -3.3% |
| 2009 | 74.4% | -2.5% |
| 2010 | 80.6% | +8.2% |
| 2011 | 86.7% | +7.7% |
| 2012 | 87.6% | +1.0% |
| 2013 | 87.7% | +0.1% |
| 2014 | 86.4% | -1.5% |
| 2015 | 85.2% | -1.4% |
| 2016 | 84.6% | -0.6% |
| 2017 | 85.8% | +1.3% |
| 2018 | 80.2% | -6.5% |
| 2019 | 90.7% | +13.1% |
| 2020 | 85.1% | -6.2% |
| 2021 | 86.7% | +1.9% |
| 2022 | 97.2% | +12.2% |
| 2023 | 105.0% | +8.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 69.9% | 54.4% | 78.9% | 10 |
| 2010s | 85.5% | 80.2% | 90.7% | 10 |
| 2020s | 93.5% | 85.1% | 105.0% | 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 share of central government spending funded by taxes in Nicaragua?
- Share of central government spending funded by taxes in Nicaragua was 105.0% in 2023, according to International Monetary Fund – with minor processing by Our World in Data.
- What is the highest share of central government spending funded by taxes recorded in Nicaragua?
- The highest recorded value was 105.0% in 2023.
- What is the lowest share of central government spending funded by taxes recorded in Nicaragua?
- The lowest recorded value was 54.4% in 2001.
- How does Nicaragua rank for share of central government spending funded by taxes?
- Nicaragua ranks 1st out of 174 countries with data for 2023.
- Is share of central government spending funded by taxes rising or falling in Nicaragua?
- Over the last ten years it is up 19.8%. 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 Share of central government spending funded by taxes. Statizoid updates them automatically from the source API.
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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).
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.