Agriculture (central government expenditure) — Value Standard Local in Nicaragua
Nicaragua: Agriculture (central government expenditure) — Value Standard Local was 330 million SLC in 2023. ▼ Falling
Agriculture (central government expenditure) — Value Standard Local in Nicaragua, 2018–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Nicaragua recorded 330 million SLC for agriculture (central government expenditure) — value standard local in 2023.
Compared with earlier readings it is up 8.1% on the previous year and up 3.2% over ten years.
Nicaragua ranks 60th of 84 countries on this measure, in the middle of the range.
Agriculture (central government expenditure) — Value Standard Local in Nicaragua, year by year
| Year | million SLC | Change |
|---|---|---|
| 2018 | 319.7 million SLC | — |
| 2019 | 342 million SLC | +7.0% |
| 2020 | 428.1 million SLC | +25.2% |
| 2021 | 356.4 million SLC | -16.7% |
| 2022 | 305.4 million SLC | -14.3% |
| 2023 | 330 million SLC | +8.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 330.85 million SLC | 319.7 million SLC | 342 million SLC | 2 |
| 2020s | 354.98 million SLC | 305.4 million SLC | 428.1 million SLC | 4 |
Countries ranked near Nicaragua
More agriculture & rural data for Nicaragua
- Agriculture, forestry, and fishing, value added (current US$), annual 12.55 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.1448 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 459.4 current US$ per person (2025)
- Rural population, annual growth rate 0.8714 % change on previous year (2025)
- Rural population, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Rural population, per capita 0.4056 units per person (2025)
- Share of GDP from agriculture 14.5% (2025)
- Agriculture as a share of GDP vs. GDP per capita 14.5% (2025)
- Agricultural raw materials exports 0.6% (2024)
- Agricultural raw materials imports 1.3% (2024)
Frequently asked questions
- What is agriculture (central government expenditure) — value standard local in Nicaragua?
- Agriculture (central government expenditure) — value standard local in Nicaragua was 330 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest agriculture (central government expenditure) — value standard local recorded in Nicaragua?
- The highest recorded value was 428.1 million SLC in 2020.
- What is the lowest agriculture (central government expenditure) — value standard local recorded in Nicaragua?
- The lowest recorded value was 305.4 million SLC in 2022.
- How does Nicaragua rank for agriculture (central government expenditure) — value standard local?
- Nicaragua ranks 60th out of 84 countries with data for 2023.
- Is agriculture (central government expenditure) — value standard local rising or falling in Nicaragua?
- Over the last ten years it is up 3.2%. The long-run trend across the full record is falling.
- Where does this Nicaragua data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Agriculture (central government expenditure) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 6 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.