Goods and services expense in Nicaragua
Nicaragua: Goods and services expense was 15.93 billion current LCU in 2024. ◆ Volatile
Goods and services expense in Nicaragua, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, goods and services expense in Nicaragua stood at 15.93 billion current LCU.
The figure is down 11.2% on the previous year and up 114.4% over ten years.
Over the whole period, goods and services expense in Nicaragua peaked at 17.94 billion current LCU in 2023 and was at its lowest, 22.43 million current LCU, in 1990.
Nicaragua ranks 91st of 155 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 692.03 million current LCU | 22.43 million current LCU | 1.26 billion current LCU | 10 |
| 2000s | 2.16 billion current LCU | 1.25 billion current LCU | 3.95 billion current LCU | 10 |
| 2010s | 8.22 billion current LCU | 3.59 billion current LCU | 11.36 billion current LCU | 10 |
| 2020s | 14.78 billion current LCU | 11.32 billion current LCU | 17.94 billion current LCU | 5 |
Countries ranked near Nicaragua
More public sector data for Nicaragua
- Arms imports 13.00 million SIPRI trend indicator values (2019)
- Tax revenue 20.1% (2024)
- Taxes on income, profits and capital gains 41.3% (2024)
- Taxes on goods and services 47.5% (2024)
- Net investment in nonfinancial assets 3.2% (2024)
- Net lending (+) / net borrowing (-) 2.3% (2024)
- Interest payments 7.0% (2024)
- Grants and other revenue 7.1% (2024)
- Interest payments 9.2% (2023)
- Other taxes 0.5% (2024)
Frequently asked questions
- What is goods and services expense in Nicaragua?
- Goods and services expense in Nicaragua was 15.93 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Nicaragua?
- The highest recorded value was 17.94 billion current LCU in 2023.
- What is the lowest goods and services expense recorded in Nicaragua?
- The lowest recorded value was 22.43 million current LCU in 1990.
- How does Nicaragua rank for goods and services expense?
- Nicaragua ranks 91st out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Nicaragua?
- Over the last ten years it is up 114.4%. 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 Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.