Annual growth of the general government final consumption expenditure in Nicaragua
Nicaragua: Annual growth of the general government final consumption expenditure was -1.2% in 2024. ◆ Volatile
Annual growth of the general government final consumption expenditure in Nicaragua, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth of the general government final consumption expenditure in Nicaragua stood at -1.2%.
Compared with earlier readings it is down 190.6% on the previous year and down 119.9% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Nicaragua peaked at 9.9% in 2021 and was at its lowest, -6.2%, in 2022.
That places Nicaragua 154th out of 181 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the general government final consumption expenditure in Nicaragua, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.9% | — |
| 2001 | -0.1% | -105.2% |
| 2002 | -1.0% | +863.4% |
| 2003 | 5.0% | -609.4% |
| 2004 | 3.5% | -29.5% |
| 2005 | 4.7% | +34.1% |
| 2006 | 1.9% | -59.4% |
| 2007 | -0.7% | -138.8% |
| 2008 | 7.9% | -1160.4% |
| 2009 | 1.8% | -76.8% |
| 2010 | 2.2% | +19.6% |
| 2011 | 3.6% | +66.8% |
| 2012 | 4.1% | +11.8% |
| 2013 | 5.4% | +32.7% |
| 2014 | 6.0% | +11.1% |
| 2015 | 5.6% | -7.3% |
| 2016 | 8.2% | +48.1% |
| 2017 | 1.6% | -80.8% |
| 2018 | -2.3% | -245.7% |
| 2019 | 1.4% | -160.8% |
| 2020 | 1.8% | +27.0% |
| 2021 | 9.9% | +456.6% |
| 2022 | -6.2% | -163.2% |
| 2023 | 1.3% | -121.1% |
| 2024 | -1.2% | -190.6% |
Nicaragua compared with similar countries
- Nicaragua's -1.2% is below the median for lower middle income countries, which is 2.0%. (39 countries reporting)
- Nicaragua's -1.2% is below the median for Latin America & Caribbean, which is 1.6%. (22 countries reporting)
Biggest year-on-year movements
Years where Annual growth of the general government final consumption expenditure in Nicaragua changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +1160.4% | -0.7% | 7.9% |
| 2002 | -863.4% | -0.1% | -1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.5% | -1.0% | 7.9% | 10 |
| 2010s | 3.6% | -2.3% | 8.2% | 10 |
| 2020s | 1.1% | -6.2% | 9.9% | 5 |
Countries ranked near Nicaragua
- 151 Papua New Guinea -0.8% compare
- 152 United States of America -0.9% compare
- 153 Lesotho -1.1% compare
- 155 Ecuador -1.2% compare
- 156 Germany -1.5% compare
- 157 Puerto Rico -1.8% compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 73.80 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0037 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 10.67 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.35 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 21.4 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0687 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 195.53 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 36.36 % change on previous year (2025)
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in Nicaragua?
- Annual growth of the general government final consumption expenditure in Nicaragua was -1.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Nicaragua?
- The highest recorded value was 9.9% in 2021.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Nicaragua?
- The lowest recorded value was -6.2% in 2022.
- How does Nicaragua rank for annual growth of the general government final consumption expenditure?
- Nicaragua ranks 154th out of 181 countries with data for 2024.
- Is annual growth of the general government final consumption expenditure rising or falling in Nicaragua?
- Over the last ten years it is down 119.9%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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