Annual growth of general government final consumption expenditure in Nicaragua
Nicaragua: Annual growth of general government final consumption expenditure was -3.16 in 2023. ◆ Volatile
Annual growth of general government final consumption expenditure in Nicaragua, 2000–2023
Source: Our World in Data.
Analysis
The most recent figure for annual growth of general government final consumption expenditure in Nicaragua is -3.16, measured in 2023.
Compared with earlier readings it is up 51.5% on the previous year and down 158.5% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in Nicaragua peaked at 9.36 in 2021 and was at its lowest, -6.52, in 2022.
Nicaragua ranks 146th of 167 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of general government final consumption expenditure in Nicaragua, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.94 | — |
| 2001 | -0.1 | -105.2% |
| 2002 | -0.98 | +880.0% |
| 2003 | 4.98 | -608.2% |
| 2004 | 3.51 | -29.5% |
| 2005 | 4.71 | +34.2% |
| 2006 | 1.91 | -59.4% |
| 2007 | -0.75 | -139.3% |
| 2008 | 7.85 | -1146.7% |
| 2009 | 1.83 | -76.7% |
| 2010 | 2.19 | +19.7% |
| 2011 | 3.63 | +65.8% |
| 2012 | 4.08 | +12.4% |
| 2013 | 5.4 | +32.4% |
| 2014 | 5.99 | +10.9% |
| 2015 | 5.56 | -7.2% |
| 2016 | 8.24 | +48.2% |
| 2017 | 1.58 | -80.8% |
| 2018 | -2.3 | -245.6% |
| 2019 | 1.4 | -160.9% |
| 2020 | 2.4 | +71.4% |
| 2021 | 9.36 | +290.0% |
| 2022 | -6.52 | -169.7% |
| 2023 | -3.16 | -51.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.49 | -0.98 | 7.85 | 10 |
| 2010s | 3.58 | -2.3 | 8.24 | 10 |
| 2020s | 0.52 | -6.52 | 9.36 | 4 |
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)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.5 Percent per annum (2029)
- Gross capital formation (current US$), annual growth rate 17.51 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2576 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 817.4 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 17.52 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 9.43 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 29,937 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 17.13 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2426 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in Nicaragua?
- Annual growth of general government final consumption expenditure in Nicaragua was -3.16 in 2023, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in Nicaragua?
- The highest recorded value was 9.36 in 2021.
- What is the lowest annual growth of general government final consumption expenditure recorded in Nicaragua?
- The lowest recorded value was -6.52 in 2022.
- How does Nicaragua rank for annual growth of general government final consumption expenditure?
- Nicaragua ranks 146th out of 167 countries with data for 2023.
- Is annual growth of general government final consumption expenditure rising or falling in Nicaragua?
- Over the last ten years it is down 158.5%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from Our World in Data, published as part of Annual growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.
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