Annual GDP growth in Nicaragua
Nicaragua: Annual GDP growth was 4.6% in 2023. ◆ Volatile
Annual GDP growth in Nicaragua, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual gdp growth in Nicaragua is 4.6%, measured in 2023.
Compared with earlier readings it is up 21.9% on the previous year and down 7.3% over ten years.
Over the whole period, annual gdp growth in Nicaragua peaked at 10.3% in 2021 and was at its lowest, -3.4%, in 2018.
That places Nicaragua 64th out of 211 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.9% | -3.3% | 5.3% | 10 |
| 2010s | 3.5% | -3.4% | 6.5% | 10 |
| 2020s | 4.2% | -1.8% | 10.3% | 4 |
Countries ranked near Nicaragua
More economy & growth data for Nicaragua
- External balance on goods and services as a percent of GDP -13.3% (2025)
- Inflation of consumer prices 2.1% (2025)
- GDP per capita 2,372 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 12.6% (2025)
- Gross domestic product (GDP) 16.62 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,372 constant 2015 US$ (2025)
- DEC alternative conversion factor 36.62 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 225.76 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 6.16 billion current US$ (2025)
- Taxes less subsidies on products 90.12 billion current LCU (2025)
Frequently asked questions
- What is annual gdp growth in Nicaragua?
- Annual gdp growth in Nicaragua was 4.6% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest annual gdp growth recorded in Nicaragua?
- The highest recorded value was 10.3% in 2021.
- What is the lowest annual gdp growth recorded in Nicaragua?
- The lowest recorded value was -3.4% in 2018.
- How does Nicaragua rank for annual gdp growth?
- Nicaragua ranks 64th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Nicaragua?
- Over the last ten years it is down 7.3%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
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About this data
Annual GDP growth (%)