GDP Deflator — Value US$, 2015 prices, annual growth rate in Nicaragua
Nicaragua: GDP Deflator — Value US$, 2015 prices, annual growth rate was 8.95 % change on previous year in 2023. ◆ Volatile
Latest (2023)
8.95 % change on previous year
Change on year
up 34.6%
World rank
24th
of 222 countries
All-time high
23.39 % change on previous year
in 1974
All-time low
-9.9 % change on previous year
in 1994
Years of data
53
1971–2023
GDP Deflator — Value US$, 2015 prices, annual growth rate in Nicaragua, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp deflator — value us$, 2015 prices, annual growth rate in Nicaragua is 8.95 % change on previous year, measured in 2023.
The figure is up 34.6% on the previous year and up 1,554.8% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices, annual growth rate in Nicaragua peaked at 23.39 % change on previous year in 1974 and was at its lowest, -9.9 % change on previous year, in 1994.
That places Nicaragua 24th out of 222 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 2015 prices, annual growth rate in Nicaragua, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 1.44 % change on previous year | — |
| 1972 | 3.28 % change on previous year | +128.5% |
| 1973 | 18.14 % change on previous year | +453.0% |
| 1974 | 23.39 % change on previous year | +29.0% |
| 1975 | 2.32 % change on previous year | -90.1% |
| 1976 | 10.61 % change on previous year | +356.4% |
| 1977 | 14.05 % change on previous year | +32.4% |
| 1978 | 2.96 % change on previous year | -78.9% |
| 1979 | -2.66 % change on previous year | -189.8% |
| 1980 | 14.95 % change on previous year | -662.5% |
| 1981 | 9.46 % change on previous year | -36.7% |
| 1982 | 6.18 % change on previous year | -34.7% |
| 1983 | 3.92 % change on previous year | -36.6% |
| 1984 | 3.61 % change on previous year | -7.9% |
| 1985 | 3.16 % change on previous year | -12.3% |
| 1986 | 2.01 % change on previous year | -36.3% |
| 1987 | 2.48 % change on previous year | +23.0% |
| 1988 | 3.53 % change on previous year | +42.4% |
| 1989 | 3.92 % change on previous year | +11.1% |
| 1990 | 3.74 % change on previous year | -4.5% |
| 1991 | 2.98 % change on previous year | -20.5% |
| 1992 | 5.63 % change on previous year | +89.2% |
| 1993 | 7.1 % change on previous year | +26.2% |
| 1994 | -9.9 % change on previous year | -239.4% |
| 1995 | 1.03 % change on previous year | -110.4% |
| 1996 | -1.96 % change on previous year | -290.1% |
| 1997 | -1.99 % change on previous year | +1.6% |
| 1998 | 1.81 % change on previous year | -191.1% |
| 1999 | -2.13 % change on previous year | -217.4% |
| 2000 | 1.08 % change on previous year | -150.6% |
| 2001 | 1.73 % change on previous year | +60.5% |
| 2002 | -3.12 % change on previous year | -280.8% |
| 2003 | -0.6196 % change on previous year | -80.2% |
| 2004 | 3.35 % change on previous year | -641.3% |
| 2005 | 4.64 % change on previous year | +38.4% |
| 2006 | 3.08 % change on previous year | -33.7% |
| 2007 | 4.45 % change on previous year | +44.7% |
| 2008 | 10.66 % change on previous year | +139.5% |
| 2009 | 0.9919 % change on previous year | -90.7% |
| 2010 | 1.08 % change on previous year | +9.3% |
| 2011 | 4.97 % change on previous year | +358.2% |
| 2012 | 1.18 % change on previous year | -76.3% |
| 2013 | -0.615 % change on previous year | -152.2% |
| 2014 | 3.23 % change on previous year | -625.4% |
| 2015 | 2.47 % change on previous year | -23.7% |
| 2016 | -0.3952 % change on previous year | -116.0% |
| 2017 | -0.8309 % change on previous year | +110.2% |
| 2018 | -2.23 % change on previous year | +168.3% |
| 2019 | 0.4042 % change on previous year | -118.1% |
| 2020 | 1.65 % change on previous year | +307.4% |
| 2021 | 1.1 % change on previous year | -33.0% |
| 2022 | 6.64 % change on previous year | +502.5% |
| 2023 | 8.95 % change on previous year | +34.6% |
Nicaragua compared with similar countries
- Nicaragua's 8.95 % change on previous year is above the median for lower middle income countries, which is 3.31 % change on previous year, 2.7× the median. (41 countries reporting)
- Nicaragua's 8.95 % change on previous year is above the median for Latin America & Caribbean, which is 2.39 % change on previous year, 3.7× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.17 % change on previous year | -2.66 % change on previous year | 23.39 % change on previous year | 9 |
| 1980s | 5.32 % change on previous year | 2.01 % change on previous year | 14.95 % change on previous year | 10 |
| 1990s | 0.6326 % change on previous year | -9.9 % change on previous year | 7.1 % change on previous year | 10 |
| 2000s | 2.62 % change on previous year | -3.12 % change on previous year | 10.66 % change on previous year | 10 |
| 2010s | 0.926 % change on previous year | -2.23 % change on previous year | 4.97 % change on previous year | 10 |
| 2020s | 4.59 % change on previous year | 1.1 % change on previous year | 8.95 % change on previous year | 4 |
Countries ranked near Nicaragua
- 21 Poland 9.39 % change on previous year compare
- 22 Zimbabwe 9.08 % change on previous year compare
- 23 Burkina Faso 8.96 % change on previous year compare
- 25 Bolivia (Plurinational State of) 8.54 % change on previous year compare
- 26 Romania 8.24 % change on previous year compare
- 27 Niger 7.91 % 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$), annual growth rate 36.36 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices, annual growth rate in Nicaragua?
- Gdp deflator — value us$, 2015 prices, annual growth rate in Nicaragua was 8.95 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Nicaragua?
- The highest recorded value was 23.39 % change on previous year in 1974.
- What is the lowest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Nicaragua?
- The lowest recorded value was -9.9 % change on previous year in 1994.
- How does Nicaragua rank for gdp deflator — value us$, 2015 prices, annual growth rate?
- Nicaragua ranks 24th out of 222 countries with data for 2023.
- Is gdp deflator — value us$, 2015 prices, annual growth rate rising or falling in Nicaragua?
- Over the last ten years it is up 1,554.8%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value US$, 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 US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.