Agriculture, Recurrent (central government expenditure) — Value in Nicaragua

Nicaragua: Agriculture, Recurrent (central government expenditure) — Value was 328 million SLC in 2023. ▲ Rising

Latest (2023)
328 million SLC
Change on year
up 11.1%
World rank
43rd
of 61 countries
All-time high
328 million SLC
in 2023
All-time low
232.3 million SLC
in 2018
Years of data
6
2018–2023

Agriculture, Recurrent (central government expenditure) — Value in Nicaragua, 2018–2023

01002003002018202020232018: 232.3 million SLC2019: 278 million SLC2020: 319.4 million SLC2021: 310.1 million SLC2022: 295.2 million SLC2023: 328 million SLC

Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.

Analysis

The most recent figure for agriculture, recurrent (central government expenditure) — value in Nicaragua is 328 million SLC, measured in 2023. That is the highest value across all 6 years on record.

Compared with earlier readings it is up 11.1% on the previous year and up 41.2% over ten years.

Nicaragua ranks 43rd of 61 countries on this measure, in the middle of the range.

Agriculture, Recurrent (central government expenditure) — Value in Nicaragua, year by year

Annual values for Agriculture, Recurrent (central government expenditure) — Value Standard Local Currency in Nicaragua, 2018 to 2023.
Year million SLC Change
2018 232.3 million SLC
2019 278 million SLC +19.7%
2020 319.4 million SLC +14.9%
2021 310.1 million SLC -2.9%
2022 295.2 million SLC -4.8%
2023 328 million SLC +11.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 255.15 million SLC 232.3 million SLC 278 million SLC 2
2020s 313.18 million SLC 295.2 million SLC 328 million SLC 4

Countries ranked near Nicaragua

  1. 40 Trinidad and Tobago 483 million SLC
  2. 41 Kyrgyzstan 430 million SLC compare
  3. 42 Lesotho 418.69 million SLC compare
  4. 44 Eswatini 199.87 million SLC compare
  5. 45 El Salvador 120.6 million SLC compare
  6. 46 Seychelles 88.78 million SLC compare

See the full ranking of 65 places →

More agriculture & rural data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is agriculture, recurrent (central government expenditure) — value in Nicaragua?
Agriculture, recurrent (central government expenditure) — value in Nicaragua was 328 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest agriculture, recurrent (central government expenditure) — value recorded in Nicaragua?
The highest recorded value was 328 million SLC in 2023.
What is the lowest agriculture, recurrent (central government expenditure) — value recorded in Nicaragua?
The lowest recorded value was 232.3 million SLC in 2018.
How does Nicaragua rank for agriculture, recurrent (central government expenditure) — value?
Nicaragua ranks 43rd out of 61 countries with data for 2023.
Is agriculture, recurrent (central government expenditure) — value rising or falling in Nicaragua?
Over the last ten years it is up 41.2%. The long-run trend across the full record is rising.
Where does this Nicaragua data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Agriculture, Recurrent (central government expenditure) — Value Standard Local Currency. Statizoid updates them automatically from the source API.

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Agriculture, Recurrent (central government expenditure) — Value in Nicaragua. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 10 September 2026, from https://agriculture.statizoid.com/stat/agriculture-recurrent-central-government-expenditure-value-standard-local-currency/nicaragua/

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About this data

Indicator
Agriculture, Recurrent (central government expenditure) — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
65 places, 785 data points, 2001–2024
Last refreshed

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.