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.
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 226 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 | Value | 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 of America 2.2% 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 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 226 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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