Current account balance in Nicaragua
Nicaragua: Current account balance was 4.2% in 2024. ◆ Volatile
Current account balance in Nicaragua, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, current account balance in Nicaragua stood at 4.2%.
Compared with earlier readings it is down 49.6% on the previous year and up 151.7% over ten years.
Over the whole period, current account balance in Nicaragua peaked at 11.5% in 1979 and was at its lowest, -42.9%, in 1992.
Nicaragua ranks 46th of 200 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance in Nicaragua, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | -8.2% | — |
| 1978 | -1.2% | -85.7% |
| 1979 | 11.5% | -1082.3% |
| 1980 | -19.2% | -266.9% |
| 1981 | -23.9% | +24.6% |
| 1982 | -20.9% | -12.4% |
| 1983 | -18.4% | -12.0% |
| 1984 | -19.2% | +3.9% |
| 1985 | -28.7% | +50.0% |
| 1986 | -23.9% | -16.7% |
| 1987 | -17.9% | -25.1% |
| 1988 | -27.2% | +51.7% |
| 1989 | -35.7% | +31.3% |
| 1990 | -30.2% | -15.3% |
| 1991 | -17.7% | -41.3% |
| 1992 | -42.9% | +141.7% |
| 1993 | -34.4% | -19.8% |
| 1994 | -23.6% | -31.5% |
| 1995 | -17.4% | -26.0% |
| 1996 | -19.1% | +9.7% |
| 1997 | -19.2% | +0.0% |
| 1998 | -14.8% | -22.7% |
| 1999 | -19.1% | +29.1% |
| 2000 | -18.3% | -4.2% |
| 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 |
|---|---|---|---|---|
| 1970s | 0.7% | -8.2% | 11.5% | 3 |
| 1980s | -23.5% | -35.7% | -17.9% | 10 |
| 1990s | -23.9% | -42.9% | -14.8% | 10 |
| 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)
- Households and NPISHs Final consumption expenditure (current LCU) 7.22 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 27.89 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 88,491 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 5.77 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5919 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 1,878 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 6.89 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.875 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance in Nicaragua?
- Current account balance in Nicaragua was 4.2% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Nicaragua?
- The highest recorded value was 11.5% in 1979.
- What is the lowest current account balance recorded in Nicaragua?
- The lowest recorded value was -42.9% in 1992.
- How does Nicaragua rank for current account balance?
- Nicaragua ranks 46th out of 200 countries with data for 2024.
- Is current account balance 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 Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.