Forestry (central government expenditure) — Value Standard Local in Nicaragua

Nicaragua: Forestry (central government expenditure) — Value Standard Local was 186 million SLC in 2023. ▼ Falling

Latest (2023)
186 million SLC
Change on year
down 43.5%
World rank
33rd
of 66 countries
All-time high
342.5 million SLC
in 2021
All-time low
186 million SLC
in 2023
Years of data
6
2018–2023

Forestry (central government expenditure) — Value Standard Local in Nicaragua, 2018–2023

01002003002018202020232018: 298.3 million SLC2019: 309 million SLC2020: 307.1 million SLC2021: 342.5 million SLC2022: 329.3 million SLC2023: 186 million SLC

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

Analysis

Nicaragua recorded 186 million SLC for forestry (central government expenditure) — value standard local in 2023. That is the lowest value across all 6 years on record.

Compared with earlier readings it is down 43.5% on the previous year and down 37.6% over ten years.

Nicaragua ranks 33rd of 66 countries on this measure, in the middle of the range.

Forestry (central government expenditure) — Value Standard Local in Nicaragua, year by year

Annual values for Forestry (central government expenditure) — Value Standard Local Currency in Nicaragua, 2018 to 2023.
Year million SLC Change
2018 298.3 million SLC
2019 309 million SLC +3.6%
2020 307.1 million SLC -0.6%
2021 342.5 million SLC +11.5%
2022 329.3 million SLC -3.9%
2023 186 million SLC -43.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 303.65 million SLC 298.3 million SLC 309 million SLC 2
2020s 291.23 million SLC 186 million SLC 342.5 million SLC 4

Countries ranked near Nicaragua

  1. 30 Namibia 325 million SLC compare
  2. 31 Cuba 233.52 million SLC
  3. 32 Zambia 194.9 million SLC compare
  4. 34 Mauritius 184.5 million SLC compare
  5. 35 Peru 180.02 million SLC compare
  6. 36 Lebanon 161.7 million SLC

See the full ranking of 70 places →

More environment data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is forestry (central government expenditure) — value standard local in Nicaragua?
Forestry (central government expenditure) — value standard local in Nicaragua was 186 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest forestry (central government expenditure) — value standard local recorded in Nicaragua?
The highest recorded value was 342.5 million SLC in 2021.
What is the lowest forestry (central government expenditure) — value standard local recorded in Nicaragua?
The lowest recorded value was 186 million SLC in 2023.
How does Nicaragua rank for forestry (central government expenditure) — value standard local?
Nicaragua ranks 33rd out of 66 countries with data for 2023.
Is forestry (central government expenditure) — value standard local rising or falling in Nicaragua?
Over the last ten years it is down 37.6%. 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 Forestry (central government expenditure) — Value Standard Local Currency. Statizoid updates them automatically from the source API.

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Forestry (central government expenditure) — Value Standard Local in Nicaragua. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 22 August 2026, from https://environment.statizoid.com/stat/forestry-central-government-expenditure-value-standard-local-currency/nicaragua/

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About this data

Indicator
Forestry (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
70 places, 888 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.