GDP Deflator — Value US$, 2015 prices in Nicaragua
Nicaragua: GDP Deflator — Value US$, 2015 prices was 115.78 USD in 2023. ▲ Rising
GDP Deflator — Value US$, 2015 prices in Nicaragua, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Nicaragua recorded 115.78 USD for gdp deflator — value us$, 2015 prices in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 8.9% on the previous year and up 22.5% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Nicaragua peaked at 115.78 USD in 2023 and was at its lowest, 19.8 USD, in 1970.
That places Nicaragua 129th out of 222 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
GDP Deflator — Value US$, 2015 prices in Nicaragua, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 19.8 USD | — |
| 1971 | 20.09 USD | +1.4% |
| 1972 | 20.74 USD | +3.3% |
| 1973 | 24.51 USD | +18.1% |
| 1974 | 30.24 USD | +23.4% |
| 1975 | 30.94 USD | +2.3% |
| 1976 | 34.23 USD | +10.6% |
| 1977 | 39.03 USD | +14.0% |
| 1978 | 40.19 USD | +3.0% |
| 1979 | 39.12 USD | -2.7% |
| 1980 | 44.97 USD | +15.0% |
| 1981 | 49.22 USD | +9.5% |
| 1982 | 52.26 USD | +6.2% |
| 1983 | 54.31 USD | +3.9% |
| 1984 | 56.27 USD | +3.6% |
| 1985 | 58.05 USD | +3.2% |
| 1986 | 59.22 USD | +2.0% |
| 1987 | 60.69 USD | +2.5% |
| 1988 | 62.83 USD | +3.5% |
| 1989 | 65.29 USD | +3.9% |
| 1990 | 67.73 USD | +3.7% |
| 1991 | 69.75 USD | +3.0% |
| 1992 | 73.68 USD | +5.6% |
| 1993 | 78.91 USD | +7.1% |
| 1994 | 71.1 USD | -9.9% |
| 1995 | 71.83 USD | +1.0% |
| 1996 | 70.43 USD | -2.0% |
| 1997 | 69.03 USD | -2.0% |
| 1998 | 70.28 USD | +1.8% |
| 1999 | 68.78 USD | -2.1% |
| 2000 | 69.52 USD | +1.1% |
| 2001 | 70.72 USD | +1.7% |
| 2002 | 68.52 USD | -3.1% |
| 2003 | 68.09 USD | -0.6% |
| 2004 | 70.38 USD | +3.4% |
| 2005 | 73.64 USD | +4.6% |
| 2006 | 75.91 USD | +3.1% |
| 2007 | 79.28 USD | +4.5% |
| 2008 | 87.74 USD | +10.7% |
| 2009 | 88.61 USD | +1.0% |
| 2010 | 89.57 USD | +1.1% |
| 2011 | 94.02 USD | +5.0% |
| 2012 | 95.12 USD | +1.2% |
| 2013 | 94.54 USD | -0.6% |
| 2014 | 97.59 USD | +3.2% |
| 2015 | 100 USD | +2.5% |
| 2016 | 99.6 USD | -0.4% |
| 2017 | 98.78 USD | -0.8% |
| 2018 | 96.58 USD | -2.2% |
| 2019 | 96.97 USD | +0.4% |
| 2020 | 98.56 USD | +1.6% |
| 2021 | 99.65 USD | +1.1% |
| 2022 | 106.27 USD | +6.6% |
| 2023 | 115.78 USD | +8.9% |
Nicaragua compared with similar countries
- Nicaragua's 115.78 USD is above the median for lower middle income countries, which is 112.12 USD, 1.0× the median. (41 countries reporting)
- Nicaragua's 115.78 USD is below the median for Latin America & Caribbean, which is 120.84 USD, 96% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 29.89 USD | 19.8 USD | 40.19 USD | 10 |
| 1980s | 56.31 USD | 44.97 USD | 65.29 USD | 10 |
| 1990s | 71.15 USD | 67.73 USD | 78.91 USD | 10 |
| 2000s | 75.24 USD | 68.09 USD | 88.61 USD | 10 |
| 2010s | 96.28 USD | 89.57 USD | 100 USD | 10 |
| 2020s | 105.07 USD | 98.56 USD | 115.78 USD | 4 |
Countries ranked near Nicaragua
- 126 Liechtenstein 116.53 USD compare
- 127 United Arab Emirates 116.15 USD compare
- 128 Bahamas 115.93 USD compare
- 130 New Zealand 115.78 USD compare
- 131 Switzerland 115.47 USD compare
- 132 Chile 115.03 USD 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 gdp deflator — value us$, 2015 prices in Nicaragua?
- Gdp deflator — value us$, 2015 prices in Nicaragua was 115.78 USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Nicaragua?
- The highest recorded value was 115.78 USD in 2023.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Nicaragua?
- The lowest recorded value was 19.8 USD in 1970.
- How does Nicaragua rank for gdp deflator — value us$, 2015 prices?
- Nicaragua ranks 129th out of 222 countries with data for 2023.
- Is gdp deflator — value us$, 2015 prices rising or falling in Nicaragua?
- Over the last ten years it is up 22.5%. The long-run trend across the full record is rising.
- Where does this Nicaragua data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).