Annual growth rate of real GDP per capita (%) in Nicaragua
Nicaragua: Annual growth rate of real GDP per capita (%) was 2.2% in 2024. ◆ Volatile
Annual growth rate of real GDP per capita in Nicaragua, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Nicaragua recorded 2.2% for annual growth rate of real gdp per capita in 2024.
Compared with earlier readings it is down 26.7% on the previous year and down 35.3% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Nicaragua peaked at 9.1% in 2021 and was at its lowest, -4.7%, in 2009.
Nicaragua ranks 104th of 228 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.
Annual growth rate of real GDP per capita (%) in Nicaragua, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 2.7% | — |
| 2001 | 1.6% | -40.7% |
| 2002 | -0.5% | -131.2% |
| 2003 | 1.3% | -360.0% |
| 2004 | 4.1% | +215.4% |
| 2005 | 2.9% | -29.3% |
| 2006 | 2.7% | -6.9% |
| 2007 | 3.6% | +33.3% |
| 2008 | 2.0% | -44.4% |
| 2009 | -4.7% | -335.0% |
| 2010 | 2.9% | -161.7% |
| 2011 | 4.8% | +65.5% |
| 2012 | 5.0% | +4.2% |
| 2013 | 3.5% | -30.0% |
| 2014 | 3.4% | -2.9% |
| 2015 | 3.4% | +0.0% |
| 2016 | 3.2% | -5.9% |
| 2017 | 3.2% | +0.0% |
| 2018 | -4.6% | -243.8% |
| 2019 | -4.1% | -10.9% |
| 2020 | -3.5% | -14.6% |
| 2021 | 9.1% | -360.0% |
| 2022 | 2.2% | -75.8% |
| 2023 | 3.0% | +36.4% |
| 2024 | 2.2% | -26.7% |
Nicaragua compared with similar countries
- Nicaragua's 2.2% is below the median for lower middle income countries, which is 2.7%, 81% of the median. (43 countries reporting)
- Nicaragua's 2.2% is above the median for Latin America & Caribbean, which is 2.2%, 1.0× the median. (38 countries reporting)
Biggest year-on-year movements
Years where Annual growth rate of real GDP per capita (%) 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 |
|---|---|---|---|
| 2003 | +360.0% | -0.5% | 1.3% |
| 2021 | +360.0% | -3.5% | 9.1% |
| 2009 | -335.0% | 2.0% | -4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.6% | -4.7% | 4.1% | 10 |
| 2010s | 2.1% | -4.6% | 5.0% | 10 |
| 2020s | 2.6% | -3.5% | 9.1% | 5 |
Countries ranked near Nicaragua
- 101 Montenegro 2.4% compare
- 102 Papua New Guinea 2.3% compare
- 102 Slovakia 2.3% compare
- 104 Algeria 2.2% compare
- 104 Peru 2.2% compare
- 104 Portugal 2.2% compare
- 104 Samoa 2.2% compare
- 104 Sierra Leone 2.2% compare
- 104 Trinidad and Tobago 2.2% compare
- 104 United States 2.2% compare
More economy & growth data for Nicaragua
- Real gdp growth, annual growth rate 37.5 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.16 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0168 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 53.46 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.8097 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0123 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 39.04 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -11.79 % change on previous year (2025)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Nicaragua?
- Annual growth rate of real gdp per capita in Nicaragua was 2.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Nicaragua?
- The highest recorded value was 9.1% in 2021.
- What is the lowest annual growth rate of real gdp per capita recorded in Nicaragua?
- The lowest recorded value was -4.7% in 2009.
- How does Nicaragua rank for annual growth rate of real gdp per capita?
- Nicaragua ranks 104th out of 228 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Nicaragua?
- Over the last ten years it is down 35.3%. 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 rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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