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The budget balance in Nicaragua was forecast to increase between 2023 and 2028 by 172.5 million U.S. dollars. This overall increase does not happen continuously, notably not in 2027 and 2028. The budget balance is estimated to amount to -15.53 million U.S. dollars in 2028. The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.For more insights about the budget balance consider different countries: In 2028, in comparison to Nicaragua, the budget balance in Peru as well as in Uruguay was forecast to be considerably higher.
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