Nicaragua Government Budget

Nicaragua recorded a Government Budget surplus equal to 2.03 percent of the countrys Gross Domestic Product in 2012. Government Budget in Nicaragua is reported by the Inter-American Development Bank. From 1990 until 2012, Nicaragua Government Budget averaged 0.2 Percent of GDP reaching an all time high of 3.2 Percent of GDP in December of 1991 and a record low of -8.6 Percent of GDP in December of 1990. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Nicaragua Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
2.03 2.00 3.22 -8.56 1.08 | 2013/12 1990 - 2012 Percent of GDP Yearly

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Nicaragua Government Budget
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 68.70 2012-12-31 72.00 194.91 68.70 62.33 2013-12-31 Percent [+]
Government Budget 2.03 2012-12-31 2.00 3.22 -8.56 1.08 2013-12-31 Percent of GDP [+]
Government Budget Value -417.84 2014-01-15 -190.19 2096.62 -1347.75 -156.85 2014-02-28 NIO Million [+]
Government Spending 16036.60 2012-06-29 14843.70 16036.60 2029.10 16841.38 2012-12-31 NIO Million [+]
Credit Rating 25.00 [+]
[+]


Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


RELATED NEWS

Nicaragua Consumer Spending at 127241.40 NIO Million  
Consumer Spending in Nicaragua increased to 127241.40 NIO Million in 2012 from 121572.70 NIO Million in 2011. Consumer Spending in Nicaragua is reported by the Banco Central De Nicaragua.
Nicaragua GDP Constant Prices at 146451.30 NIO Million  
GDP Constant Prices in Nicaragua increased to 146451.30 NIO Million in 2012 from 139206.30 NIO Million in 2011. GDP Constant Prices in Nicaragua is reported by the Banco Central De Nicaragua.
Nicaragua Government Budget Value at -417.84 NIO Million  
Nicaragua recorded a government budget deficit of 417.84 NIO Million in January of 2014. Government Budget Value in Nicaragua is reported by the Banco Central De Nicaragua.
Nicaragua Government Spending at 16036.60 NIO Million  
Government Spending in Nicaragua increased to 16036.60 NIO Million in 2012 from 14843.70 NIO Million in 2011. Government Spending in Nicaragua is reported by the Banco Central De Nicaragua.
Nicaragua Wages at 0.00 NIO Thousand  
Wages in Nicaragua remained unchanged at 0 NIO Thousand in December of 2013 from 0 NIO Thousand in November of 2013. Wages in Nicaragua is reported by the Banco Central De Nicaragua.
Nicaragua Consumer Price Index (CPI) at 178.84 Index Points  
Consumer Price Index (CPI) in Nicaragua decreased to 178.84 Index Points in March of 2014 from 178.86 Index Points in February of 2014. Consumer Price Index (CPI) in Nicaragua is reported by the Banco Central De Nicaragua.
Nicaragua Inflation Rate at 5.10 Percent  
The inflation rate in Nicaragua was recorded at 5.10 percent in March of 2014. Inflation Rate in Nicaragua is reported by the Consejo Monetario Centroamericano.
Nicaragua GDP Annual Growth Rate at 2.90 Percent  
The Gross Domestic Product (GDP) in Nicaragua expanded 2.90 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Nicaragua is reported by the Banco Central de Nicaragua.
Nicaragua Current Account at -329.90 USD Million  
Nicaragua recorded a Current Account deficit of 329.90 USD Million in the fourth quarter of 2013. Current Account in Nicaragua is reported by the Banco Central De Nicaragua.
Nicaragua Producer Prices at 210.60 Index Points  
Producer Prices in Nicaragua increased to 210.60 Index Points in January of 2014 from 208 Index Points in December of 2013. Producer Prices in Nicaragua is reported by the Banco Central De Nicaragua.
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