The ratio of government expenditure to GDP in Nicaragua was forecast to continuously decrease between 2024 and 2029 by in total one percentage point. After the eighth consecutive decreasing year, the ratio is estimated to reach 25.11 percent and therefore a new minimum in 2029. Depicted here is the general government expenditure as a share of the national gross domestic product. According to the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
Find more key insights for the ratio of government expenditure to GDP in countries like Guatemala, El Salvador and Belize.
Nicaragua: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029
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IMF. (April 22, 2024). Nicaragua: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved October 15, 2024, from https://www.statista.com/statistics/457807/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-nicaragua/
IMF. "Nicaragua: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029." Chart. April 22, 2024. Statista. Accessed October 15, 2024. https://www.statista.com/statistics/457807/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-nicaragua/
IMF. (2024). Nicaragua: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029. Statista. Statista Inc.. Accessed: October 15, 2024. https://www.statista.com/statistics/457807/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-nicaragua/
IMF. "Nicaragua: Ratio of Government Expenditure to Gross Domestic Product (Gdp) from 2019 to 2029." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/457807/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-nicaragua/
IMF, Nicaragua: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 Statista, https://www.statista.com/statistics/457807/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-nicaragua/ (last visited October 15, 2024)
Nicaragua: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/457807/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-nicaragua/