Total Expenditure (central government) — Value Standard Local Currency in Nicaragua
Nicaragua: Total Expenditure (central government) — Value Standard Local Currency was 123,860 million SLC in 2023. ◆ Volatile
Total Expenditure (central government) — Value Standard Local Currency in Nicaragua, 2001–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for total expenditure (central government) — value standard local currency in Nicaragua is 123,860 million SLC, measured in 2023. That is the highest value across all 23 years on record.
That represents a change of up 7.5% on the previous year and up 166.2% over ten years.
Over the whole period, total expenditure (central government) — value standard local currency in Nicaragua peaked at 123,860 million SLC in 2023 and was at its lowest, 11,499 million SLC, in 2002.
That places Nicaragua 98th out of 174 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total Expenditure (central government) — Value Standard Local Currency in Nicaragua, year by year
| Year | million SLC | Change |
|---|---|---|
| 2001 | 12,889 million SLC | — |
| 2002 | 11,499 million SLC | -10.8% |
| 2003 | 13,994 million SLC | +21.7% |
| 2004 | 16,184 million SLC | +15.7% |
| 2005 | 18,925 million SLC | +16.9% |
| 2006 | 21,143 million SLC | +11.7% |
| 2007 | 24,050 million SLC | +13.7% |
| 2008 | 28,480 million SLC | +18.4% |
| 2009 | 29,793 million SLC | +4.6% |
| 2010 | 31,760 million SLC | +6.6% |
| 2011 | 36,690 million SLC | +15.5% |
| 2012 | 42,485 million SLC | +15.8% |
| 2013 | 46,524 million SLC | +9.5% |
| 2014 | 54,684 million SLC | +17.5% |
| 2015 | 63,640 million SLC | +16.4% |
| 2016 | 72,637 million SLC | +14.1% |
| 2017 | 80,063 million SLC | +10.2% |
| 2018 | 80,781 million SLC | +0.9% |
| 2019 | 80,815 million SLC | +0.0% |
| 2020 | 87,924 million SLC | +8.8% |
| 2021 | 109,771 million SLC | +24.8% |
| 2022 | 115,202 million SLC | +4.9% |
| 2023 | 123,860 million SLC | +7.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19,662 million SLC | 11,499 million SLC | 29,793 million SLC | 9 |
| 2010s | 59,008 million SLC | 31,760 million SLC | 80,815 million SLC | 10 |
| 2020s | 109,189 million SLC | 87,924 million SLC | 123,860 million SLC | 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 11.11 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.511 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 1,622 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 12.81 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 12.81 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 12.55 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 5.3 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 16,825 current LCU per person (2025)
Frequently asked questions
- What is total expenditure (central government) — value standard local currency in Nicaragua?
- Total expenditure (central government) — value standard local currency in Nicaragua was 123,860 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value standard local currency recorded in Nicaragua?
- The highest recorded value was 123,860 million SLC in 2023.
- What is the lowest total expenditure (central government) — value standard local currency recorded in Nicaragua?
- The lowest recorded value was 11,499 million SLC in 2002.
- How does Nicaragua rank for total expenditure (central government) — value standard local currency?
- Nicaragua ranks 98th out of 174 countries with data for 2023.
- Is total expenditure (central government) — value standard local currency rising or falling in Nicaragua?
- Over the last ten years it is up 166.2%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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.