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Nicaragua: Government deficit (% of GDP)

Percent of GDP · 1960–2024 · 64 observations · forecasts to 2031 · govdef_GDP

2024
2.25%percent of GDP
Change on 2023
−0.0 pointsfrom 2.30%
Average, 2015–2024
−0.942%10 years
Record high and low
4.88% (1964)low −23.5% (1984)

Government deficit (% of GDP)

Report error
-25%-20%-15%-10%-5%0%5%19601970198019902000201020202030NicaraguaNicaragua
ForecastPercent of GDP

Compare with other countries →Definition of Government deficit (% of GDP)

Recent values

Percent of GDP

YearValue
20312.12Forecast
20302.01Forecast
20292.01Forecast
20281.81Forecast
20271.58Forecast
20261.38Forecast
20252.10Forecast
20242.25
20232.30
20220.647
2021-1.26
2020-2.57
2019-1.12
2018-4.35
2017-1.75
2016-1.92
2015-1.64

Sources

This series is derived from other GMD variables.

Nicaragua documentation (PDF)

More for Nicaragua

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 71 series →

Government deficit (% of GDP) elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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