Expense in Nicaragua

Nicaragua: Expense was 16.3% in 2023. ◆ Volatile

Latest (2023)
16.3%
Change on year
down 2.4%
World rank
129th
of 157 countries
All-time high
65.2%
in 1990
All-time low
10.8%
in 1996
Years of data
34
1990–2023

Expense in Nicaragua, 1990–2023

2040601990200620231990: 65.2 % of GDP1991: 23.7 % of GDP1992: 24.4 % of GDP1993: 25.2 % of GDP1994: 11.3 % of GDP1995: 10.9 % of GDP1996: 10.8 % of GDP1997: 11.3 % of GDP1998: 11.4 % of GDP1999: 12.7 % of GDP2000: 12.7 % of GDP2001: 14.4 % of GDP2002: 12.2 % of GDP2003: 13.2 % of GDP2004: 12.9 % of GDP2005: 13.7 % of GDP2006: 15.1 % of GDP2007: 14.7 % of GDP2008: 15.2 % of GDP2009: 15.5 % of GDP2010: 15 % of GDP2011: 15 % of GDP2012: 15.2 % of GDP2013: 15.1 % of GDP2014: 15.4 % of GDP2015: 15.9 % of GDP2016: 16.4 % of GDP2017: 16.5 % of GDP2018: 16.8 % of GDP2019: 16.5 % of GDP2020: 16.4 % of GDP2021: 17.2 % of GDP2022: 16.7 % of GDP2023: 16.3 % of GDP

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

Nicaragua recorded 16.3% for expense in 2023.

That represents a change of down 2.4% on the previous year and up 7.9% over ten years.

Over the whole period, expense in Nicaragua peaked at 65.2% in 1990 and was at its lowest, 10.8%, in 1996.

Nicaragua ranks 129th of 157 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 20.7% 10.8% 65.2% 10
2000s 14.0% 12.2% 15.5% 10
2010s 15.8% 15.0% 16.8% 10
2020s 16.6% 16.3% 17.2% 4

Countries ranked near Nicaragua

  1. 126 Philippines 16.9% compare
  2. 127 Uganda 16.6% compare
  3. 128 Tanzania 16.3% compare
  4. 130 Congo 16.1% compare
  5. 131 Switzerland 16.1% compare
  6. 132 Togo 16.0% compare

See the full ranking of 183 places →

More economy & growth data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is expense in Nicaragua?
Expense in Nicaragua was 16.3% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest expense recorded in Nicaragua?
The highest recorded value was 65.2% in 1990.
What is the lowest expense recorded in Nicaragua?
The lowest recorded value was 10.8% in 1996.
How does Nicaragua rank for expense?
Nicaragua ranks 129th out of 157 countries with data for 2023.
Is expense rising or falling in Nicaragua?
Over the last ten years it is up 7.9%. The long-run trend across the full record is volatile.
Where does this Nicaragua data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.