Total Expenditure (central government) — Value US$, 2015 prices in Nicaragua
Nicaragua: Total Expenditure (central government) — Value US$, 2015 prices was 2,936 million USD in 2023. ▲ Rising
Total Expenditure (central government) — Value US$, 2015 prices in Nicaragua, 2001–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Nicaragua recorded 2,936 million USD for total expenditure (central government) — value us$, 2015 prices in 2023.
That represents a change of down 2.8% on the previous year and up 47.5% over ten years.
Over the whole period, total expenditure (central government) — value us$, 2015 prices in Nicaragua peaked at 3,132 million USD in 2021 and was at its lowest, 1,178 million USD, in 2002.
Nicaragua ranks 125th of 173 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Total Expenditure (central government) — Value US$, 2015 prices in Nicaragua, year by year
| Year | million USD | Change |
|---|---|---|
| 2001 | 1,363 million USD | — |
| 2002 | 1,178 million USD | -13.6% |
| 2003 | 1,361 million USD | +15.5% |
| 2004 | 1,443 million USD | +6.1% |
| 2005 | 1,536 million USD | +6.4% |
| 2006 | 1,585 million USD | +3.2% |
| 2007 | 1,644 million USD | +3.7% |
| 2008 | 1,676 million USD | +1.9% |
| 2009 | 1,653 million USD | -1.3% |
| 2010 | 1,660 million USD | +0.4% |
| 2011 | 1,740 million USD | +4.8% |
| 2012 | 1,897 million USD | +9.0% |
| 2013 | 1,991 million USD | +4.9% |
| 2014 | 2,158 million USD | +8.4% |
| 2015 | 2,335 million USD | +8.2% |
| 2016 | 2,548 million USD | +9.1% |
| 2017 | 2,697 million USD | +5.9% |
| 2018 | 2,651 million USD | -1.7% |
| 2019 | 2,516 million USD | -5.1% |
| 2020 | 2,598 million USD | +3.2% |
| 2021 | 3,132 million USD | +20.6% |
| 2022 | 3,022 million USD | -3.5% |
| 2023 | 2,936 million USD | -2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,493 million USD | 1,178 million USD | 1,676 million USD | 9 |
| 2010s | 2,219 million USD | 1,660 million USD | 2,697 million USD | 10 |
| 2020s | 2,922 million USD | 2,598 million USD | 3,132 million USD | 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)
- 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 total expenditure (central government) — value us$, 2015 prices in Nicaragua?
- Total expenditure (central government) — value us$, 2015 prices in Nicaragua was 2,936 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value us$, 2015 prices recorded in Nicaragua?
- The highest recorded value was 3,132 million USD in 2021.
- What is the lowest total expenditure (central government) — value us$, 2015 prices recorded in Nicaragua?
- The lowest recorded value was 1,178 million USD in 2002.
- How does Nicaragua rank for total expenditure (central government) — value us$, 2015 prices?
- Nicaragua ranks 125th out of 173 countries with data for 2023.
- Is total expenditure (central government) — value us$, 2015 prices rising or falling in Nicaragua?
- Over the last ten years it is up 47.5%. The long-run trend across the full record is rising.
- 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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.