General Government Primary Net Lending/Borrowing for Nicaragua
NICGGXONLBGDP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.78
Year-over-Year Change
-153.95%
Date Range
1/1/2000 - 1/1/2030
Summary
The General Government Primary Net Lending/Borrowing for Nicaragua measures the country's net fiscal position, indicating whether the government is a net lender or borrower. This data is crucial for assessing fiscal sustainability and the effectiveness of government policies.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This indicator represents the difference between government revenue and non-interest expenditures. It provides insight into a government's underlying fiscal balance, beyond just the overall budget deficit which includes interest payments.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF) based on Nicaragua's national accounts and fiscal data.
Historical Context
This metric is widely used by economists, policymakers, and international organizations to evaluate Nicaragua's fiscal health and the government's ability to manage its public finances.
Key Facts
- Nicaragua's General Government Primary Net Lending/Borrowing averaged -0.4% of GDP from 2010 to 2021.
- A positive value indicates the government is a net lender, while a negative value indicates net borrowing.
- This metric excludes interest payments, providing a clearer picture of the government's underlying fiscal position.
FAQs
Q: What does this economic trend measure?
A: The General Government Primary Net Lending/Borrowing for Nicaragua measures the difference between the government's revenue and non-interest expenditures, indicating whether the government is a net lender or borrower.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for assessing Nicaragua's fiscal sustainability and the effectiveness of government policies, as it provides insight into the underlying fiscal balance beyond just the overall budget deficit.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF) based on Nicaragua's national accounts and fiscal data.
Q: How is this trend used in economic policy?
A: This metric is widely used by economists, policymakers, and international organizations to evaluate Nicaragua's fiscal health and the government's ability to manage its public finances.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of Nicaragua's national accounts and fiscal data reporting to the IMF.
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Citation
U.S. Federal Reserve, General Government Primary Net Lending/Borrowing for Nicaragua (NICGGXONLBGDP), retrieved from FRED.