Nicaragua: Fiscal balance, percent of GDP

* indicates monthly or quarterly data series
 Nicaragua

Fiscal balance, percent of GDP

 Latest value 0.79
 Year 2022
 Measure percent
 Data availability 2000 - 2022
 Average -0.07
 Min - Max -4.35 - 2.15
 Source International Monetary Fund (IMF)
The latest value from 2022 is 0.79 percent, an increase from -1.26 percent in 2021. In comparison, the world average is -2.51 percent, based on data from 164 countries. Historically, the average for Nicaragua from 2000 to 2022 is -0.07 percent. The minimum value, -4.35 percent, was reached in 2018 while the maximum of 2.15 percent was recorded in 2000. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Nicaragua - Fiscal balance, percent of GDP - Recent values chart

Historical series
Nicaragua - Fiscal balance, percent of GDP - historical chart - 2000-2022




Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 12.16 2023 percent
 Government spending, in dollars 2.17 2023 billion U.S. dollars
 Fiscal balance, percent of GDP 0.79 2022 percent
 Government debt 56.56 2023 percent
 Government expenditure 19.22 Q2/2024 billion
 Tax revenue 19.84 2022 percent
 Commercial tax rate 60.60 2019 percent
 Tax preparation time 201 2019 hours
 Number of taxes 43 2019 taxes
 Taxes on goods and services 46.07 2022 percent
 Taxes on international trade 3.24 2022 percent
 Income and profits taxes 41.63 2022 percent
 Foreign aid 1,127.26 2022 million U.S. dollars
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