Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Nicaragua
Nicaragua: Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP was 3.5 Percent per annum in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Nicaragua, 1990–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
The most recent figure for africa's development dynamics (afdd) table 02 - annual real gdp in Nicaragua is 3.5 Percent per annum, measured in 2029.
Compared with earlier readings it is up 220.8% over ten years.
Over the whole period, africa's development dynamics (afdd) table 02 - annual real gdp in Nicaragua peaked at 10.35 Percent per annum in 2021 and was at its lowest, -3.36 Percent per annum, in 2018.
That places Nicaragua 64th out of 166 countries with data for 2029, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Nicaragua, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1990 | -0.1322 Percent per annum | — |
| 1991 | -0.1544 Percent per annum | +16.8% |
| 1992 | 0.4 Percent per annum | -359.1% |
| 1993 | -0.4 Percent per annum | -200.0% |
| 1994 | 5 Percent per annum | -1350.0% |
| 1995 | 5.91 Percent per annum | +18.2% |
| 1996 | 6.34 Percent per annum | +7.3% |
| 1997 | 3.97 Percent per annum | -37.5% |
| 1998 | 3.71 Percent per annum | -6.4% |
| 1999 | 7.04 Percent per annum | +89.6% |
| 2000 | 4.1 Percent per annum | -41.7% |
| 2001 | 2.96 Percent per annum | -27.8% |
| 2002 | 0.7539 Percent per annum | -74.5% |
| 2003 | 2.52 Percent per annum | +234.3% |
| 2004 | 5.35 Percent per annum | +112.3% |
| 2005 | 4.24 Percent per annum | -20.7% |
| 2006 | 3.8 Percent per annum | -10.4% |
| 2007 | 5.08 Percent per annum | +33.4% |
| 2008 | 3.44 Percent per annum | -32.3% |
| 2009 | -3.29 Percent per annum | -195.8% |
| 2010 | 4.41 Percent per annum | -233.9% |
| 2011 | 6.32 Percent per annum | +43.2% |
| 2012 | 6.5 Percent per annum | +2.8% |
| 2013 | 4.93 Percent per annum | -24.2% |
| 2014 | 4.79 Percent per annum | -2.9% |
| 2015 | 4.79 Percent per annum | +0.1% |
| 2016 | 4.56 Percent per annum | -4.8% |
| 2017 | 4.63 Percent per annum | +1.5% |
| 2018 | -3.36 Percent per annum | -172.6% |
| 2019 | -2.9 Percent per annum | -13.9% |
| 2020 | -1.77 Percent per annum | -39.0% |
| 2021 | 10.35 Percent per annum | -685.8% |
| 2022 | 3.75 Percent per annum | -63.8% |
| 2023 | 4.69 Percent per annum | +24.9% |
| 2024 | 3.5 Percent per annum | -25.3% |
| 2025 | 3.5 Percent per annum | +0.0% |
| 2026 | 3.5 Percent per annum | +0.0% |
| 2027 | 3.5 Percent per annum | +0.0% |
| 2028 | 3.5 Percent per annum | +0.0% |
| 2029 | 3.5 Percent per annum | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.17 Percent per annum | -0.4 Percent per annum | 7.04 Percent per annum | 10 |
| 2000s | 2.9 Percent per annum | -3.29 Percent per annum | 5.35 Percent per annum | 10 |
| 2010s | 3.47 Percent per annum | -3.36 Percent per annum | 6.5 Percent per annum | 10 |
| 2020s | 3.8 Percent per annum | -1.77 Percent per annum | 10.35 Percent per annum | 10 |
Countries ranked near Nicaragua
More economy & growth data for Nicaragua
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.29 Percent per annum (2029)
- Final consumption expenditure (constant 2015 US$), per capita 2,181 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 9.13 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.13 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 3,594 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 9.13 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 41.48 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 131,635 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 8.03 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.93 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 02 - annual real gdp in Nicaragua?
- Africa's development dynamics (afdd) table 02 - annual real gdp in Nicaragua was 3.5 Percent per annum in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Nicaragua?
- The highest recorded value was 10.35 Percent per annum in 2021.
- What is the lowest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Nicaragua?
- The lowest recorded value was -3.36 Percent per annum in 2018.
- How does Nicaragua rank for africa's development dynamics (afdd) table 02 - annual real gdp?
- Nicaragua ranks 64th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 02 - annual real gdp rising or falling in Nicaragua?
- Over the last ten years it is up 220.8%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP growth rate — Growth rate of real gross domestic product. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 2 shows the full time series of annual real GDP growth, up to present, and including projected real GDP growth rates over the next five years.