Effective tax rates: Corporate tax statistics … Effective average in Nicaragua
Nicaragua: Effective tax rates: Corporate tax statistics … Effective average was 26.4 Percentage of taxable income in 2025. ▲ Rising
Effective tax rates - Corporate tax statistics — Effective average in Nicaragua, 2017–2025
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.
Analysis
In 2025, effective tax rates - corporate tax statistics — effective average in Nicaragua stood at 26.4 Percentage of taxable income. That is the highest value across all 9 years on record.
That represents a change of up 5.4% on the previous year and up 22.7% over ten years.
Over the whole period, effective tax rates - corporate tax statistics — effective average in Nicaragua peaked at 26.4 Percentage of taxable income in 2025 and was at its lowest, 21.52 Percentage of taxable income, in 2017.
Nicaragua ranks 38th of 99 countries on this measure, in the middle of the range.
Effective tax rates: Corporate tax statistics … Effective average in Nicaragua, year by year
| Year | Percentage of taxable income | Change |
|---|---|---|
| 2017 | 21.52 Percentage of taxable income | — |
| 2018 | 21.72 Percentage of taxable income | +0.9% |
| 2019 | 21.75 Percentage of taxable income | +0.1% |
| 2020 | 21.78 Percentage of taxable income | +0.2% |
| 2021 | 22.27 Percentage of taxable income | +2.2% |
| 2022 | 23.96 Percentage of taxable income | +7.6% |
| 2023 | 25.08 Percentage of taxable income | +4.7% |
| 2024 | 25.05 Percentage of taxable income | -0.1% |
| 2025 | 26.4 Percentage of taxable income | +5.4% |
Nicaragua compared with similar countries
- Nicaragua's 26.4 Percentage of taxable income is below the median for lower middle income countries, which is 31.88 Percentage of taxable income, 83% of the median. (16 countries reporting)
- Nicaragua's 26.4 Percentage of taxable income is above the median for Latin America & Caribbean, which is 26.4 Percentage of taxable income, 1.0× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 21.66 Percentage of taxable income | 21.52 Percentage of taxable income | 21.75 Percentage of taxable income | 3 |
| 2020s | 24.09 Percentage of taxable income | 21.78 Percentage of taxable income | 26.4 Percentage of taxable income | 6 |
Countries ranked near Nicaragua
- 35 Armenia 26.94 Percentage of taxable income compare
- 36 Austria 26.61 Percentage of taxable income compare
- 37 Malta 26.5 Percentage of taxable income compare
- 39 Denmark 25.96 Percentage of taxable income compare
- 40 New Zealand 25.5 Percentage of taxable income compare
- 41 Norway 25.15 Percentage of taxable income compare
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 effective tax rates - corporate tax statistics — effective average in Nicaragua?
- Effective tax rates - corporate tax statistics — effective average in Nicaragua was 26.4 Percentage of taxable income in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest effective tax rates - corporate tax statistics — effective average recorded in Nicaragua?
- The highest recorded value was 26.4 Percentage of taxable income in 2025.
- What is the lowest effective tax rates - corporate tax statistics — effective average recorded in Nicaragua?
- The lowest recorded value was 21.52 Percentage of taxable income in 2017.
- How does Nicaragua rank for effective tax rates - corporate tax statistics — effective average?
- Nicaragua ranks 38th out of 99 countries with data for 2025.
- Is effective tax rates - corporate tax statistics — effective average rising or falling in Nicaragua?
- Over the last ten years it is up 22.7%. The long-run trend across the full record is rising.
- Where does this Nicaragua data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Effective tax rates - Corporate tax statistics — Effective average tax rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 9 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
This table reports synthetic tax policy indicators calculated on the basis of a prospective, hypothetical investment project. Unlike backward-looking ETRs, they do not incorporate any information about firms' actual tax payments.The OECD methodology has been described in detail in the OECD Taxation Working Paper No. 38 (Hanappi, 2018). Further methodological information is available in the explanatory annex.