Effective tax rates - Corporate tax statistics — Effective marginal in Nicaragua
Nicaragua: Effective tax rates - Corporate tax statistics — Effective marginal was 24.78 Percentage of taxable income in 2025. ▲ Rising
Effective tax rates - Corporate tax statistics — Effective marginal in Nicaragua, 2017–2025
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.
Analysis
Nicaragua recorded 24.78 Percentage of taxable income for effective tax rates - corporate tax statistics — effective marginal in 2025. That is the highest value across all 9 years on record.
That represents a change of up 8.6% on the previous year and up 29.2% over ten years.
Over the whole period, effective tax rates - corporate tax statistics — effective marginal in Nicaragua peaked at 24.78 Percentage of taxable income in 2025 and was at its lowest, 18.63 Percentage of taxable income, in 2020.
Nicaragua ranks 58th of 99 countries on this measure, in the middle of the range.
Effective tax rates - Corporate tax statistics — Effective marginal in Nicaragua, year by year
| Year | Percentage of taxable income | Change |
|---|---|---|
| 2017 | 19.18 Percentage of taxable income | — |
| 2018 | 18.81 Percentage of taxable income | -1.9% |
| 2019 | 18.68 Percentage of taxable income | -0.7% |
| 2020 | 18.63 Percentage of taxable income | -0.3% |
| 2021 | 19.06 Percentage of taxable income | +2.3% |
| 2022 | 21.29 Percentage of taxable income | +11.7% |
| 2023 | 23 Percentage of taxable income | +8.1% |
| 2024 | 22.82 Percentage of taxable income | -0.8% |
| 2025 | 24.78 Percentage of taxable income | +8.6% |
Nicaragua compared with similar countries
- Nicaragua's 24.78 Percentage of taxable income is below the median for lower middle income countries, which is 54.11 Percentage of taxable income, 46% of the median. (16 countries reporting)
- Nicaragua's 24.78 Percentage of taxable income is below the median for Latin America & Caribbean, which is 27.92 Percentage of taxable income, 89% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 18.89 Percentage of taxable income | 18.68 Percentage of taxable income | 19.18 Percentage of taxable income | 3 |
| 2020s | 21.6 Percentage of taxable income | 18.63 Percentage of taxable income | 24.78 Percentage of taxable income | 6 |
Countries ranked near Nicaragua
- 55 Costa Rica 26.01 Percentage of taxable income compare
- 56 Tunisia 25.5 Percentage of taxable income compare
- 57 North Macedonia 25.34 Percentage of taxable income compare
- 59 Seychelles 24.77 Percentage of taxable income compare
- 60 Montserrat 24.46 Percentage of taxable income compare
- 61 Israel 23.21 Percentage of taxable income compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 73.80 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0037 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 10.67 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.35 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 21.4 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0687 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 195.53 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 36.36 % change on previous year (2025)
Frequently asked questions
- What is effective tax rates - corporate tax statistics — effective marginal in Nicaragua?
- Effective tax rates - corporate tax statistics — effective marginal in Nicaragua was 24.78 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 marginal recorded in Nicaragua?
- The highest recorded value was 24.78 Percentage of taxable income in 2025.
- What is the lowest effective tax rates - corporate tax statistics — effective marginal recorded in Nicaragua?
- The lowest recorded value was 18.63 Percentage of taxable income in 2020.
- How does Nicaragua rank for effective tax rates - corporate tax statistics — effective marginal?
- Nicaragua ranks 58th out of 99 countries with data for 2025.
- Is effective tax rates - corporate tax statistics — effective marginal rising or falling in Nicaragua?
- Over the last ten years it is up 29.2%. 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 marginal tax rate. Statizoid updates them automatically from the source API.
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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.