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24Peaks / North America / Nicaragua / Government Expenditure (% of GDP)

Nicaragua - Government Expenditure (% of GDP) 16.28

World Bank WDI · updated 2026-10-15 · 161 economies tracked

Latest value

16.28 (2023)

Global rank

##77 of 161 economies

Share of global total

0.7%

Growth since 1990

0.25×

Ranking Race — Government Expenditure (% of GDP)

1 = global #1 · higher value ranks higher

#1#22#43#64#85#106#1271972198219922002201220222024#1#772022 overtook Philippines2023 overtook Thailand
NicaraguaBotswanaTanzania

Real annual global ranks, 1972 - 2024. Nicaragua climbed from #1 to #77 (overtook Philippines). Gaps in a lane = missing data that year.

Key events for Nicaragua ↓

Key Events — Nicaragua

Auto-detected from rank data + curated milestones

1991
Fell 33 places in global rank auto
1994
Fell 32 places in global rank auto
2021
Climbed 16 places in global rank auto
2022
Overtook Philippines in global rank auto
2023
Overtook Thailand in global rank auto
2023
Climbed 17 places in global rank auto

Government Expenditure (% of GDP), 1990-2023

World Bank WDI · % of GDP · linear scale · ranking in the race above
1990200020102020202310.828.9447.0965.23

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Related indicators

GDP, Government Revenue (% of GDP), Tax Revenue as a Percentage of GDP, Government Health Expenditure (% of GDP)

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