Share of government spending going to interest payments in Nicaragua
Nicaragua: Share of government spending going to interest payments was 9.2% in 2023. ▼ Falling
Share of government spending going to interest payments in Nicaragua, 1990–2023
Source: International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data. Measured in % of expense.
Analysis
Nicaragua recorded 9.2% for share of government spending going to interest payments in 2023.
The figure is up 30.5% on the previous year and up 49.8% over ten years.
Over the whole period, share of government spending going to interest payments in Nicaragua peaked at 19.7% in 1994 and was at its lowest, 0.0%, in 1990.
Nicaragua ranks 57th of 152 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 34 years of available data.
Share of government spending going to interest payments in Nicaragua, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 0.0% | — |
| 1991 | 5.0% | +63048.6% |
| 1992 | 12.2% | +146.9% |
| 1993 | 15.8% | +29.0% |
| 1994 | 19.7% | +25.0% |
| 1995 | 16.8% | -15.0% |
| 1996 | 12.6% | -24.6% |
| 1997 | 19.2% | +51.8% |
| 1998 | 18.6% | -3.0% |
| 1999 | 10.2% | -45.1% |
| 2000 | 12.7% | +24.3% |
| 2001 | 12.5% | -1.9% |
| 2002 | 14.2% | +13.7% |
| 2003 | 18.1% | +28.1% |
| 2004 | 12.4% | -31.7% |
| 2005 | 10.8% | -13.2% |
| 2006 | 9.4% | -12.6% |
| 2007 | 7.9% | -16.5% |
| 2008 | 5.8% | -26.3% |
| 2009 | 6.5% | +13.1% |
| 2010 | 7.1% | +8.5% |
| 2011 | 6.9% | -2.9% |
| 2012 | 6.5% | -5.2% |
| 2013 | 6.1% | -5.8% |
| 2014 | 5.5% | -9.8% |
| 2015 | 5.5% | -0.7% |
| 2016 | 6.0% | +9.4% |
| 2017 | 6.4% | +6.5% |
| 2018 | 6.6% | +2.4% |
| 2019 | 7.8% | +19.0% |
| 2020 | 7.6% | -2.4% |
| 2021 | 7.2% | -5.7% |
| 2022 | 7.1% | -2.0% |
| 2023 | 9.2% | +30.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.0% | 0.0% | 19.7% | 10 |
| 2000s | 11.0% | 5.8% | 18.1% | 10 |
| 2010s | 6.5% | 5.5% | 7.8% | 10 |
| 2020s | 7.8% | 7.1% | 9.2% | 4 |
Countries ranked near Nicaragua
More reference data data for Nicaragua
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4575 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.72 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.76 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0819 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.76 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.53 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.4557 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 9.61 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 14.12 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.4457 (2050)
Frequently asked questions
- What is share of government spending going to interest payments in Nicaragua?
- Share of government spending going to interest payments in Nicaragua was 9.2% in 2023, according to International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest share of government spending going to interest payments recorded in Nicaragua?
- The highest recorded value was 19.7% in 1994.
- What is the lowest share of government spending going to interest payments recorded in Nicaragua?
- The lowest recorded value was 0.0% in 1990.
- How does Nicaragua rank for share of government spending going to interest payments?
- Nicaragua ranks 57th out of 152 countries with data for 2023.
- Is share of government spending going to interest payments rising or falling in Nicaragua?
- Over the last ten years it is up 49.8%. The long-run trend across the full record is falling.
- Where does this Nicaragua data come from?
- The figures come from International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Share of government spending going to interest payments. Statizoid updates them automatically from the source API.
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About this data
Interest expenditures on government debt, as share of total central government expenditures. Interest expenditures on government debt include payments on long-term bonds, long-term loans, and other debt instruments.