General government final consumption expenditure rose 5.17% to USD 2,415 bil in Nicaragua in 2024, according to the National Statistical Office.
Historically, general government final consumption expenditure in Nicaragua reached an all time high of USD 2,415 bil in 2024 and an all time low of USD 19.9 bil in 1960. When compared to Nicaragua's main peers, general government final consumption expenditure in Costa Rica amounted to USD 13,996 bil, USD 6,780 bil in El Salvador, USD 5,760 bil in Honduras and USD 207,033 bil in Mexico in 2024.
Nicaragua has been ranked 80th within the group of 98 countries we follow in terms of general government final consumption expenditure, 55 places above the position seen 10 years ago.
General Government Final Consumption Expenditure (USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Belize | USD bil | 445 | 448 | 354 | 404 | 450 | ... | |||||||||||||||
Costa Rica | USD bil | 10,109 | 10,791 | 11,047 | 10,739 | 10,661 | ||||||||||||||||
El Salvador | USD bil | 4,192 | 4,310 | 4,909 | 5,619 | 5,995 | ||||||||||||||||
Guatemala | USD bil | 8,154 | 8,572 | 8,916 | 9,701 | 10,985 | ||||||||||||||||
Honduras | USD bil | 3,240 | 3,453 | 3,657 | 4,411 | 4,486 | ||||||||||||||||
Mexico | USD bil | 141,413 | 144,859 | 136,734 | 150,151 | 163,285 | ||||||||||||||||
Nicaragua | USD bil | 1,928 | 1,932 | 1,919 | 2,197 | 2,178 | ||||||||||||||||
Panama | USD bil | 7,391 | 7,763 | 8,409 | 9,263 | 9,758 | ... | |||||||||||||||
USA | USD bil | 2,859,732 | 3,012,056 | 3,180,853 | 3,375,285 | 3,566,532 |