Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in Nicaragua
Nicaragua: Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP was 2.29 Percent per annum in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in Nicaragua, 1990–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
In 2029, africa's development dynamics (afdd) table 04 - annual real gdp in Nicaragua stood at 2.29 Percent per annum.
The figure is up 1.4% on the previous year and up 154.1% over ten years.
Over the whole period, africa's development dynamics (afdd) table 04 - annual real gdp in Nicaragua peaked at 8.82 Percent per annum in 2021 and was at its lowest, -4.71 Percent per annum, in 2018.
Nicaragua ranks 71st of 166 countries on this measure, 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 04 - Annual real GDP in Nicaragua, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1990 | -2.46 Percent per annum | — |
| 1991 | -2.45 Percent per annum | -0.3% |
| 1992 | -1.87 Percent per annum | -23.9% |
| 1993 | -2.59 Percent per annum | +38.8% |
| 1994 | 2.76 Percent per annum | -206.7% |
| 1995 | 3.74 Percent per annum | +35.5% |
| 1996 | 4.35 Percent per annum | +16.1% |
| 1997 | 2.19 Percent per annum | -49.6% |
| 1998 | 2.07 Percent per annum | -5.4% |
| 1999 | 5.44 Percent per annum | +162.4% |
| 2000 | 2.61 Percent per annum | -52.0% |
| 2001 | 1.58 Percent per annum | -39.4% |
| 2002 | -0.5151 Percent per annum | -132.6% |
| 2003 | 1.29 Percent per annum | -349.8% |
| 2004 | 4.12 Percent per annum | +219.7% |
| 2005 | 2.94 Percent per annum | -28.6% |
| 2006 | 2.39 Percent per annum | -18.4% |
| 2007 | 3.62 Percent per annum | +51.2% |
| 2008 | 1.98 Percent per annum | -45.4% |
| 2009 | -4.68 Percent per annum | -337.0% |
| 2010 | 2.89 Percent per annum | -161.8% |
| 2011 | 4.76 Percent per annum | +64.7% |
| 2012 | 4.94 Percent per annum | +3.7% |
| 2013 | 3.4 Percent per annum | -31.1% |
| 2014 | 3.28 Percent per annum | -3.7% |
| 2015 | 3.3 Percent per annum | +0.5% |
| 2016 | 3.08 Percent per annum | -6.6% |
| 2017 | 3.16 Percent per annum | +2.5% |
| 2018 | -4.71 Percent per annum | -249.2% |
| 2019 | -4.23 Percent per annum | -10.2% |
| 2020 | -3.1 Percent per annum | -26.7% |
| 2021 | 8.82 Percent per annum | -384.3% |
| 2022 | 2.29 Percent per annum | -74.0% |
| 2023 | 3.23 Percent per annum | +41.1% |
| 2024 | 2.11 Percent per annum | -34.8% |
| 2025 | 2.14 Percent per annum | +1.8% |
| 2026 | 2.18 Percent per annum | +1.7% |
| 2027 | 2.22 Percent per annum | +1.8% |
| 2028 | 2.26 Percent per annum | +1.7% |
| 2029 | 2.29 Percent per annum | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.12 Percent per annum | -2.59 Percent per annum | 5.44 Percent per annum | 10 |
| 2000s | 1.53 Percent per annum | -4.68 Percent per annum | 4.12 Percent per annum | 10 |
| 2010s | 1.99 Percent per annum | -4.71 Percent per annum | 4.94 Percent per annum | 10 |
| 2020s | 2.44 Percent per annum | -3.1 Percent per annum | 8.82 Percent per annum | 10 |
Countries ranked near Nicaragua
More economy & growth data for Nicaragua
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.5 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 14.57 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 15.23 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 48,340 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 5.84 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.33 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 1,047 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 20.96 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2461 current US$ per US$ of GDP (2025)
- Gross fixed capital formation (current US$), per capita 781.02 current US$ per person (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 04 - annual real gdp in Nicaragua?
- Africa's development dynamics (afdd) table 04 - annual real gdp in Nicaragua was 2.29 Percent per annum in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 04 - annual real gdp recorded in Nicaragua?
- The highest recorded value was 8.82 Percent per annum in 2021.
- What is the lowest africa's development dynamics (afdd) table 04 - annual real gdp recorded in Nicaragua?
- The lowest recorded value was -4.71 Percent per annum in 2018.
- How does Nicaragua rank for africa's development dynamics (afdd) table 04 - annual real gdp?
- Nicaragua ranks 71st out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 04 - annual real gdp rising or falling in Nicaragua?
- Over the last ten years it is up 154.1%. 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 04 - Annual real GDP growth per capita — Growth rate of real gross domestic product per capita. 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 4 shows the full time series of annual real GDP growth per capta, up to present, and including projected real GDP growth rates over the next five years calculated using the real GDP growth and population growth figures reported in the AfDD Statistical Annex.