Total Expenditure (central government) — Value US$ in Nicaragua
Nicaragua: Total Expenditure (central government) — Value US$ was 3,399 million USD in 2023. ▲ Rising
Total Expenditure (central government) — Value US$ in Nicaragua, 2001–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, total expenditure (central government) — value us$ in Nicaragua stood at 3,399 million USD. That is the highest value across all 23 years on record.
Compared with earlier readings it is up 5.8% on the previous year and up 80.6% over ten years.
Over the whole period, total expenditure (central government) — value us$ in Nicaragua peaked at 3,399 million USD in 2023 and was at its lowest, 806.9 million USD, in 2002.
That places Nicaragua 128th out of 173 countries with data for 2023, putting it 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$ in Nicaragua, year by year
| Year | million USD | Change |
|---|---|---|
| 2001 | 963.88 million USD | — |
| 2002 | 806.9 million USD | -16.3% |
| 2003 | 926.45 million USD | +14.8% |
| 2004 | 1,015 million USD | +9.6% |
| 2005 | 1,131 million USD | +11.4% |
| 2006 | 1,203 million USD | +6.4% |
| 2007 | 1,304 million USD | +8.3% |
| 2008 | 1,470 million USD | +12.8% |
| 2009 | 1,465 million USD | -0.4% |
| 2010 | 1,487 million USD | +1.5% |
| 2011 | 1,636 million USD | +10.0% |
| 2012 | 1,804 million USD | +10.3% |
| 2013 | 1,882 million USD | +4.3% |
| 2014 | 2,107 million USD | +11.9% |
| 2015 | 2,335 million USD | +10.8% |
| 2016 | 2,538 million USD | +8.7% |
| 2017 | 2,664 million USD | +5.0% |
| 2018 | 2,560 million USD | -3.9% |
| 2019 | 2,440 million USD | -4.7% |
| 2020 | 2,560 million USD | +4.9% |
| 2021 | 3,121 million USD | +21.9% |
| 2022 | 3,211 million USD | +2.9% |
| 2023 | 3,399 million USD | +5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,143 million USD | 806.9 million USD | 1,470 million USD | 9 |
| 2010s | 2,145 million USD | 1,487 million USD | 2,664 million USD | 10 |
| 2020s | 3,073 million USD | 2,560 million USD | 3,399 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)
- GNI, Atlas method (current US$), annual growth rate 14.83 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.8971 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 2,847 current US$ per person (2025)
- GNI (current US$), annual growth rate 12.44 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9458 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 3,001 current US$ per person (2025)
- GNI (current LCU), annual growth rate 12.44 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 34.64 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is total expenditure (central government) — value us$ in Nicaragua?
- Total expenditure (central government) — value us$ in Nicaragua was 3,399 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value us$ recorded in Nicaragua?
- The highest recorded value was 3,399 million USD in 2023.
- What is the lowest total expenditure (central government) — value us$ recorded in Nicaragua?
- The lowest recorded value was 806.9 million USD in 2002.
- How does Nicaragua rank for total expenditure (central government) — value us$?
- Nicaragua ranks 128th out of 173 countries with data for 2023.
- Is total expenditure (central government) — value us$ rising or falling in Nicaragua?
- Over the last ten years it is up 80.6%. 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$. 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.