Subsidies and other transfers in Nicaragua
Nicaragua: Subsidies and other transfers was 37.0% in 2023. ▲ Rising
Subsidies and other transfers in Nicaragua, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, subsidies and other transfers in Nicaragua stood at 37.0%.
That represents a change of up 11.8% on the previous year and up 9.8% over ten years.
Over the whole period, subsidies and other transfers in Nicaragua peaked at 39.3% in 2001 and was at its lowest, 12.6%, in 1990.
Nicaragua ranks 79th of 152 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Subsidies and other transfers in Nicaragua, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 12.6% | — |
| 1991 | 13.0% | +2.6% |
| 1992 | 15.0% | +15.5% |
| 1993 | 19.6% | +30.9% |
| 1994 | 20.6% | +5.2% |
| 1995 | 29.1% | +41.5% |
| 1996 | 30.2% | +3.7% |
| 1997 | 26.6% | -12.0% |
| 1998 | 30.7% | +15.4% |
| 1999 | 28.9% | -5.9% |
| 2000 | 35.0% | +21.2% |
| 2001 | 39.3% | +12.3% |
| 2002 | 29.3% | -25.5% |
| 2003 | 31.0% | +5.7% |
| 2004 | 37.1% | +19.9% |
| 2005 | 37.1% | +0.0% |
| 2006 | 35.3% | -4.9% |
| 2007 | 37.8% | +7.0% |
| 2008 | 35.7% | -5.6% |
| 2009 | 36.0% | +1.0% |
| 2010 | 36.6% | +1.7% |
| 2011 | 34.0% | -7.2% |
| 2012 | 33.6% | -1.1% |
| 2013 | 33.7% | +0.2% |
| 2014 | 32.3% | -4.0% |
| 2015 | 34.4% | +6.3% |
| 2016 | 31.8% | -7.5% |
| 2017 | 31.9% | +0.2% |
| 2018 | 32.0% | +0.4% |
| 2019 | 28.9% | -9.6% |
| 2020 | 30.8% | +6.5% |
| 2021 | 37.0% | +20.1% |
| 2022 | 33.1% | -10.6% |
| 2023 | 37.0% | +11.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22.6% | 12.6% | 30.7% | 10 |
| 2000s | 35.4% | 29.3% | 39.3% | 10 |
| 2010s | 32.9% | 28.9% | 36.6% | 10 |
| 2020s | 34.5% | 30.8% | 37.0% | 4 |
Countries ranked near Nicaragua
More public sector data for Nicaragua
- Arms imports 13.00 million SIPRI trend indicator values (2019)
- Arms imports (SIPRI trend indicator values), per capita 2.01 SIPRI trend indicator values per person (2019)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.001 SIPRI trend indicator values per US$ of GDP (2019)
- Arms imports (SIPRI trend indicator values), annual growth rate -91.86 % change on previous year (2017)
- Arms imports (SIPRI trend indicator values), gaps filled 13.00 million SIPRI trend indicator values (2019)
- Military expenditure (current USD), per capita 15.22 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0053 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.77 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 105.26 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 108.03 SIPRI trend indicator values per square kilometre (2019)
Frequently asked questions
- What is subsidies and other transfers in Nicaragua?
- Subsidies and other transfers in Nicaragua was 37.0% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Nicaragua?
- The highest recorded value was 39.3% in 2001.
- What is the lowest subsidies and other transfers recorded in Nicaragua?
- The lowest recorded value was 12.6% in 1990.
- How does Nicaragua rank for subsidies and other transfers?
- Nicaragua ranks 79th out of 152 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Nicaragua?
- Over the last ten years it is up 9.8%. The long-run trend across the full record is rising.
- 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 Subsidies and other transfers (% of expense). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.