Forestry, Recurrent (central government expenditure) β€” Value US$ in Nicaragua

Nicaragua: Forestry, Recurrent (central government expenditure) β€” Value US$ was 4.88 million USD in 2023. β–Ό Falling

Latest (2023)
4.88 million USD
Change on year
down 46.7%
World rank
26th
of 51 countries
All-time high
9.25 million USD
in 2021
All-time low
4.88 million USD
in 2023
Years of data
6
2018–2023

Forestry, Recurrent (central government expenditure) β€” Value US$ in Nicaragua, 2018–2023

02468102018202020232018: 9.2 million USD2019: 9.2 million USD2020: 8.9 million USD2021: 9.2 million USD2022: 9.2 million USD2023: 4.9 million USD

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

Analysis

The most recent figure for forestry, recurrent (central government expenditure) β€” value us$ in Nicaragua is 4.88 million USD, measured in 2023. That is the lowest value across all 6 years on record.

The figure is down 46.7% on the previous year and down 47.0% over ten years.

That places Nicaragua 26th out of 51 countries with data for 2023, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 9.18 million USD 9.16 million USD 9.2 million USD 2
2020s 8.05 million USD 4.88 million USD 9.25 million USD 4

Countries ranked near Nicaragua

  1. 23 Zambia 7.42 million USD compare
  2. 24 Albania 6.55 million USD compare
  3. 25 Guyana 6.15 million USD compare
  4. 27 Paraguay 4.32 million USD compare
  5. 28 Brazil 4.02 million USD compare
  6. 28 Togo 4.02 million USD

See the full ranking of 52 places β†’

More environment data for Nicaragua

All data for Nicaragua β†’

Frequently asked questions

What is forestry, recurrent (central government expenditure) β€” value us$ in Nicaragua?
Forestry, recurrent (central government expenditure) β€” value us$ in Nicaragua was 4.88 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest forestry, recurrent (central government expenditure) β€” value us$ recorded in Nicaragua?
The highest recorded value was 9.25 million USD in 2021.
What is the lowest forestry, recurrent (central government expenditure) β€” value us$ recorded in Nicaragua?
The lowest recorded value was 4.88 million USD in 2023.
How does Nicaragua rank for forestry, recurrent (central government expenditure) β€” value us$?
Nicaragua ranks 26th out of 51 countries with data for 2023.
Is forestry, recurrent (central government expenditure) β€” value us$ rising or falling in Nicaragua?
Over the last ten years it is down 47.0%. 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, Recurrent (central government expenditure) β€” Value US$. Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 6 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Forestry, Recurrent (central government expenditure) β€” Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
52 places, 635 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.