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. Measured in %.
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 47th out of 205 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 | % | 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% |
Nicaragua compared with similar countries
- Nicaragua's 4.2% is above the median for lower middle income countries, which is -0.8%. (43 countries reporting)
- Nicaragua's 4.2% is above the median for Latin America & Caribbean, which is -1.6%. (35 countries reporting)
Biggest year-on-year movements
Years where Current account balance as a proportion of GDP (%) 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 |
|---|---|---|---|
| 2019 | +430.4% | -1.8% | 5.9% |
| 2023 | +380.0% | -2.9% | 8.2% |
| 2021 | -173.0% | 3.8% | -2.8% |
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
- 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 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 47th out of 205 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
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