GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Nicaragua
Nicaragua: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 10.67 % change on previous year in 2023. ◆ Volatile
Latest (2023)
10.67 % change on previous year
Change on year
up 21.5%
World rank
26th
of 209 countries
All-time high
524.06 % change on previous year
in 1987
All-time low
0 % change on previous year
in 1971
Years of data
49
1971–2023
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Nicaragua, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Nicaragua recorded 10.67 % change on previous year for gdp deflator — value standard local currency, 2015 prices, annual in 2023.
That represents a change of up 21.5% on the previous year and up 145.3% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Nicaragua peaked at 524.06 % change on previous year in 1987 and was at its lowest, 0 % change on previous year, in 1971.
Nicaragua ranks 26th of 209 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Nicaragua, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 0 % change on previous year | — |
| 1972 | 6.67 % change on previous year | — |
| 1973 | 18.75 % change on previous year | +181.2% |
| 1974 | 21.05 % change on previous year | +12.3% |
| 1975 | 0 % change on previous year | -100.0% |
| 1976 | 13.04 % change on previous year | — |
| 1977 | 15.38 % change on previous year | +17.9% |
| 1978 | 0 % change on previous year | -100.0% |
| 1979 | 33.33 % change on previous year | — |
| 1980 | 45 % change on previous year | +35.0% |
| 1981 | 5.17 % change on previous year | -88.5% |
| 1982 | 16.39 % change on previous year | +216.9% |
| 1983 | 11.27 % change on previous year | -31.3% |
| 1984 | 39.24 % change on previous year | +248.3% |
| 1985 | 168.18 % change on previous year | +328.6% |
| 1986 | 280.34 % change on previous year | +66.7% |
| 1987 | 524.06 % change on previous year | +86.9% |
| 1992 | 23.67 % change on previous year | -95.5% |
| 1993 | 20.39 % change on previous year | -13.8% |
| 1994 | 7.77 % change on previous year | -61.9% |
| 1995 | 13.39 % change on previous year | +72.3% |
| 1996 | 9.61 % change on previous year | -28.3% |
| 1997 | 9.78 % change on previous year | +1.8% |
| 1998 | 14.03 % change on previous year | +43.5% |
| 1999 | 9.23 % change on previous year | -34.2% |
| 2000 | 8.57 % change on previous year | -7.2% |
| 2001 | 7.24 % change on previous year | -15.5% |
| 2002 | 3.25 % change on previous year | -55.1% |
| 2003 | 5.33 % change on previous year | +64.1% |
| 2004 | 9.05 % change on previous year | +69.8% |
| 2005 | 9.87 % change on previous year | +9.0% |
| 2006 | 8.23 % change on previous year | -16.6% |
| 2007 | 9.67 % change on previous year | +17.6% |
| 2008 | 16.2 % change on previous year | +67.5% |
| 2009 | 6.04 % change on previous year | -62.7% |
| 2010 | 6.14 % change on previous year | +1.7% |
| 2011 | 10.21 % change on previous year | +66.4% |
| 2012 | 6.24 % change on previous year | -38.9% |
| 2013 | 4.35 % change on previous year | -30.3% |
| 2014 | 8.39 % change on previous year | +93.0% |
| 2015 | 7.59 % change on previous year | -9.6% |
| 2016 | 4.59 % change on previous year | -39.5% |
| 2017 | 4.12 % change on previous year | -10.2% |
| 2018 | 2.66 % change on previous year | -35.5% |
| 2019 | 5.4 % change on previous year | +103.0% |
| 2020 | 5.39 % change on previous year | -0.1% |
| 2021 | 3.54 % change on previous year | -34.3% |
| 2022 | 8.78 % change on previous year | +147.7% |
| 2023 | 10.67 % change on previous year | +21.5% |
Nicaragua compared with similar countries
- Nicaragua's 10.67 % change on previous year is above the median for lower middle income countries, which is 4.74 % change on previous year, 2.3× the median. (41 countries reporting)
- Nicaragua's 10.67 % change on previous year is above the median for Latin America & Caribbean, which is 3.66 % change on previous year, 2.9× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.03 % change on previous year | 0 % change on previous year | 33.33 % change on previous year | 9 |
| 1980s | 136.21 % change on previous year | 5.17 % change on previous year | 524.06 % change on previous year | 8 |
| 1990s | 13.48 % change on previous year | 7.77 % change on previous year | 23.67 % change on previous year | 8 |
| 2000s | 8.34 % change on previous year | 3.25 % change on previous year | 16.2 % change on previous year | 10 |
| 2010s | 5.97 % change on previous year | 2.66 % change on previous year | 10.21 % change on previous year | 10 |
| 2020s | 7.1 % change on previous year | 3.54 % change on previous year | 10.67 % change on previous year | 4 |
Countries ranked near Nicaragua
- 23 Uzbekistan 13.39 % change on previous year compare
- 24 Ukraine 12.28 % change on previous year compare
- 25 Myanmar 12.06 % change on previous year compare
- 27 Burundi 9.86 % change on previous year compare
- 28 Somalia 9.66 % change on previous year compare
- 29 Tunisia 9.56 % change on previous year 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 gdp deflator — value standard local currency, 2015 prices, annual in Nicaragua?
- Gdp deflator — value standard local currency, 2015 prices, annual in Nicaragua was 10.67 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Nicaragua?
- The highest recorded value was 524.06 % change on previous year in 1987.
- What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Nicaragua?
- The lowest recorded value was 0 % change on previous year in 1971.
- How does Nicaragua rank for gdp deflator — value standard local currency, 2015 prices, annual?
- Nicaragua ranks 26th out of 209 countries with data for 2023.
- Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Nicaragua?
- Over the last ten years it is up 145.3%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.