Budget balance — all countries

Budget balance — Nicaragua

Budget balance in Nicaragua in 2031 — 2.1%. Ranked 13 in the world out of 188. Since 2000, the indicator has fallen by 0.1 pp.

2031 2.1% +0.1 pp vs 2030
World rank 13of 188
Period maximum 2.3%2023
Period minimum -4.3%2018

Trend over time

2000–2031 · % of GDP

Budget balance — Nicaragua, 2000–2031-6-4-20242000200420082012201620202024202820312000: 2.2%2001: 0.3%2002: 2.1%2003: 1.3%2004: 1.7%2005: 1.7%2006: 1.4%2007: 1.9%2008: 0.3%2009: -0.9%2010: 0.7%2011: 0.6%2012: 0.2%2013: -0.3%2014: -0.9%2015: -1.6%2016: -1.9%2017: -1.8%2018: -4.3%2019: -1.1%2020: -2.6%2021: -1.3%2022: 0.6%2023: 2.3%2024: 2.3%2025: 2.1%2026: 1.4%2027: 1.6%2028: 1.8%2029: 2%2030: 2%2031: 2.1%
Change over the period: −0.1 pp Annual average: 0 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Nicaragua

Nicaragua 2.1%
World computed -4.85%
Latin America & Caribbean computed -3.31%
Central America computed -2.75%
Budget balance — Nicaragua, by year Nicaragua All countries CSV XLSX
Year % Change, pp
2031 2.1 +0.1 pp
2030 2 +0 pp
2029 2 +0.2 pp
2028 1.8 +0.2 pp
2027 1.6 +0.2 pp
2026 1.4 −0.7 pp
2025 2.1 −0.2 pp
2024 2.3 +0 pp
2023 2.3 +1.7 pp
2022 0.6 +1.9 pp
2021 -1.3 +1.3 pp
2020 -2.6 −1.5 pp
2019 -1.1 +3.2 pp
2018 -4.3 −2.5 pp
2017 -1.8 +0.1 pp
2016 -1.9 −0.3 pp
2015 -1.6 −0.7 pp
2014 -0.9 −0.6 pp
2013 -0.3 −0.5 pp
2012 0.2 −0.4 pp
2011 0.6 −0.1 pp
2010 0.7 +1.6 pp
2009 -0.9 −1.2 pp
2008 0.3 −1.6 pp
2007 1.9 +0.5 pp
2006 1.4 −0.3 pp
2005 1.7 +0 pp
2004 1.7 +0.4 pp
2003 1.3 −0.8 pp
2002 2.1 +1.8 pp
2001 0.3 −1.9 pp
2000 2.2

Central America, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.