Current account balance as a share of GDP in Nicaragua
Nicaragua: Current account balance as a share of GDP was 4.2% in 2024. ◆ Volatile
Current account balance as a share of GDP in Nicaragua, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for current account balance as a share 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 share of gdp in Nicaragua peaked at 8.2% in 2023 and was at its lowest, -18.3%, in 2000.
That places Nicaragua 45th out of 193 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 share 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 | -8.4% | -50.5% |
| 2010 | -8.9% | +5.0% |
| 2011 | -11.9% | +34.3% |
| 2012 | -11.7% | -1.6% |
| 2013 | -12.6% | +7.3% |
| 2014 | -8.0% | -36.1% |
| 2015 | -9.9% | +22.9% |
| 2016 | -8.5% | -14.1% |
| 2017 | -7.2% | -15.6% |
| 2018 | -1.8% | -74.9% |
| 2019 | 5.9% | -430.0% |
| 2020 | 3.8% | -36.5% |
| 2021 | -2.8% | -172.9% |
| 2022 | -2.9% | +6.9% |
| 2023 | 8.2% | -379.9% |
| 2024 | 4.2% | -49.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -14.1% | -18.3% | -8.4% | 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 11.11 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.511 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 1,622 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 12.81 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 12.81 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 12.55 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 5.3 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 16,825 current LCU per person (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Nicaragua?
- Current account balance as a share of gdp in Nicaragua was 4.2% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Nicaragua?
- The highest recorded value was 8.2% in 2023.
- What is the lowest current account balance as a share of gdp recorded in Nicaragua?
- The lowest recorded value was -18.3% in 2000.
- How does Nicaragua rank for current account balance as a share of gdp?
- Nicaragua ranks 45th out of 193 countries with data for 2024.
- Is current account balance as a share 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 International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).