Current account balance as a proportion of GDP in Nicaragua
Nicaragua: Current account balance as a proportion of GDP was 4.2% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Nicaragua, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for current account balance as a proportion of gdp in Nicaragua is 4.2%, measured in 2024.
The figure is down 49.6% on the previous year and up 151.7% over ten years.
Over the whole period, current account balance as a proportion of gdp in Nicaragua peaked at 8.2% in 2023 and was at its lowest, -18.3%, in 2000.
That places Nicaragua 46th out of 204 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in Nicaragua, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -18.3% | — |
| 2001 | -15.3% | -16.3% |
| 2002 | -15.0% | -2.1% |
| 2003 | -13.3% | -11.7% |
| 2004 | -11.9% | -10.5% |
| 2005 | -12.4% | +4.5% |
| 2006 | -13.1% | +5.5% |
| 2007 | -16.3% | +24.3% |
| 2008 | -17.1% | +5.0% |
| 2009 | -8.5% | -50.5% |
| 2010 | -8.9% | +5.0% |
| 2011 | -11.9% | +34.2% |
| 2012 | -11.7% | -1.5% |
| 2013 | -12.6% | +7.2% |
| 2014 | -8.0% | -36.1% |
| 2015 | -9.9% | +23.0% |
| 2016 | -8.5% | -14.1% |
| 2017 | -7.2% | -15.6% |
| 2018 | -1.8% | -74.9% |
| 2019 | 5.9% | -430.4% |
| 2020 | 3.8% | -36.5% |
| 2021 | -2.8% | -173.0% |
| 2022 | -2.9% | +6.8% |
| 2023 | 8.2% | -380.0% |
| 2024 | 4.2% | -49.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -14.1% | -18.3% | -8.5% | 10 |
| 2010s | -7.4% | -12.6% | 5.9% | 10 |
| 2020s | 2.1% | -2.9% | 8.2% | 5 |
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)
- Total reserves minus gold (current US$), annual growth rate 36.36 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.3743 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 1,188 current US$ per person (2025)
- General government final consumption expenditure (current US$) 4.73 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1136 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 360.62 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 4.73 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 4.16 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Nicaragua?
- Current account balance as a proportion of gdp in Nicaragua was 4.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Nicaragua?
- The highest recorded value was 8.2% in 2023.
- What is the lowest current account balance as a proportion of gdp recorded in Nicaragua?
- The lowest recorded value was -18.3% in 2000.
- How does Nicaragua rank for current account balance as a proportion of gdp?
- Nicaragua ranks 46th out of 204 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Nicaragua?
- Over the last ten years it is up 151.7%. 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 Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).