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Nicaragua Budget Deficit

General government net lending/borrowing as % of GDP  GGXCNL_NGDP

2.05% −0.43% (-17.5%)
Year 2025 Rank #16 Global Peak 2.48% (2024) Source IMF WEO

Nicaragua Budget Deficit (2000–2025)

Overview

Nicaragua's budget deficit stood at 2.05% in 2025, a decline of +0.43% from 2024. The IMF projects 2.05% by 2025. Nicaragua ranked 16th globally.

Data & projection

Year Budget Deficit YoY change Rank
2030* IMF 1.96% - -
2029* IMF 1.93% - -
2028* IMF 1.95% - -
2027* IMF 1.98% - -
2026* IMF 2.15% - -
2025* IMF 2.05% - -
2025 2.05% −0.43% #16
2024 2.48% +0.17% #168
2023 2.31% +1.66% #169
2022 0.65% +1.90% #157
2021 -1.26% +1.31% #148
2020 -2.57% −1.45% #155
2019 -1.12% +3.22% #110
2018 -4.35% −2.59% #42
2017 -1.76% +0.17% #107
2016 -1.92% −0.29% #111
2015 -1.64% −0.74% #127
2014 -0.89% −0.59% #138
2013 -0.30% −0.52% #148
2012 0.22% −0.37% #147
2011 0.59% −0.10% #150
Show all years (2000-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +12.1% GDP growth 3.6% C/A balance 4.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Nicaragua matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →

Frequently Asked Questions

What is Nicaragua's budget deficit?

Nicaragua's budget deficit was 2.05% in 2025. Ranked 16th globally. This represents a 17.5% decrease from the previous year.

What was the highest budget deficit in Nicaragua?

Nicaragua's budget deficit peaked at 2.48% in 2024.

What was the lowest budget deficit in Nicaragua?

The lowest budget deficit in Nicaragua was -4.35% in 2018.

How does Nicaragua rank in budget deficit?

Nicaragua ranks 16th globally in budget deficit as of 2025.

What is the World Bank indicator code for budget deficit?

The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.

What is the projected budget deficit of Nicaragua in 2025?

Nicaragua's budget deficit is projected to reach 2.05% by 2025 based on IMF projection.

What is the budget deficit of Nicaragua in 2025?

The budget deficit of Nicaragua in 2025 was 2.05%. This ranks 16th in the world.

Cite this page

APA
Nicaragua Budget Deficit. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/nicaragua/budget-deficit
BibTeX
@misc{historysaid_nicaragua_budget-deficit, title = {Nicaragua Budget Deficit}, url = {https://historysaid.com/nicaragua/budget-deficit}, publisher = {HistorySaid}, year = {2026} }