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Economy > Government spending Stats: compare key data on Nicaragua & Venezuela

Definitions

  • Goods and services expense > % of expense: Goods and services expense (% of expense). Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.
  • Goods and services expense > Current LCU: Goods and services expense (current LCU). Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.
  • Goods and services expense > Current LCU per capita: Goods and services expense (current LCU). Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded. Figures expressed per capita for the same year.
  • Subsidies and other transfers > Current LCU: Subsidies and other transfers (current LCU). Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind.
  • Subsidies and other transfers > Current LCU per capita: Subsidies and other transfers (current LCU). Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind. Figures expressed per capita for the same year.
STAT Nicaragua Venezuela HISTORY
Goods and services expense > % of expense 16.87%
Ranked 32nd. 3 times more than Venezuela
6%
Ranked 106th.

Goods and services expense > Current LCU 5.54 billion
Ranked 77th. 21% more than Venezuela
4.57 billion
Ranked 73th.

Goods and services expense > Current LCU per capita 937.77
Ranked 68th. 5 times more than Venezuela
171.18
Ranked 106th.

Subsidies and other transfers > Current LCU 11.27 billion
Ranked 78th.
48.46 billion
Ranked 53th. 4 times more than Nicaragua

Subsidies and other transfers > Current LCU per capita 1,907.96
Ranked 80th. 5% more than Venezuela
1,813.11
Ranked 70th.

SOURCES: International Monetary Fund, Government Finance Statistics Yearbook and data files. World Bank World Development Indicators.; International Monetary Fund, Government Finance Statistics Yearbook and data files. World Bank World Development Indicators. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.

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