Gross domestic product (GDP) in Nicaragua
Nicaragua: Gross domestic product (GDP) was 32.76 billion international-$ in 2011 prices in 2022. ◆ Volatile
Latest (2022)
32.76 billion international-$ in 2011 prices
Change on year
up 3.8%
World rank
127th
of 166 countries
All-time high
32.76 billion international-$ in 2011 prices
in 2022
All-time low
1.19 billion international-$ in 2011 prices
in 1936
Years of data
103
1920–2022
Gross domestic product (GDP) in Nicaragua, 1920–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
In 2022, gross domestic product (gdp) in Nicaragua stood at 32.76 billion international-$ in 2011 prices. That is the highest value across all 103 years on record.
Compared with earlier readings it is up 3.8% on the previous year and up 30.7% over ten years.
Over the whole period, gross domestic product (gdp) in Nicaragua peaked at 32.76 billion international-$ in 2011 prices in 2022 and was at its lowest, 1.19 billion international-$ in 2011 prices, in 1936.
That places Nicaragua 127th out of 166 countries with data for 2022, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Nicaragua, year by year
| Year | international-$ in 2011 prices | Change |
|---|---|---|
| 1920 | 1.28 billion international-$ in 2011 prices | — |
| 1921 | 1.33 billion international-$ in 2011 prices | +3.8% |
| 1922 | 1.22 billion international-$ in 2011 prices | -8.4% |
| 1923 | 1.31 billion international-$ in 2011 prices | +7.0% |
| 1924 | 1.38 billion international-$ in 2011 prices | +6.0% |
| 1925 | 1.53 billion international-$ in 2011 prices | +10.4% |
| 1926 | 1.33 billion international-$ in 2011 prices | -13.1% |
| 1927 | 1.33 billion international-$ in 2011 prices | +0.5% |
| 1928 | 1.69 billion international-$ in 2011 prices | +26.7% |
| 1929 | 1.89 billion international-$ in 2011 prices | +11.8% |
| 1930 | 1.53 billion international-$ in 2011 prices | -19.2% |
| 1931 | 1.43 billion international-$ in 2011 prices | -6.4% |
| 1932 | 1.29 billion international-$ in 2011 prices | -10.0% |
| 1933 | 1.62 billion international-$ in 2011 prices | +25.8% |
| 1934 | 1.47 billion international-$ in 2011 prices | -9.3% |
| 1935 | 1.49 billion international-$ in 2011 prices | +1.6% |
| 1936 | 1.19 billion international-$ in 2011 prices | -20.4% |
| 1937 | 1.29 billion international-$ in 2011 prices | +8.4% |
| 1938 | 1.33 billion international-$ in 2011 prices | +3.4% |
| 1939 | 1.65 billion international-$ in 2011 prices | +24.2% |
| 1940 | 1.81 billion international-$ in 2011 prices | +9.3% |
| 1941 | 1.98 billion international-$ in 2011 prices | +9.3% |
| 1942 | 1.90 billion international-$ in 2011 prices | -3.7% |
| 1943 | 2.09 billion international-$ in 2011 prices | +9.7% |
| 1944 | 2.07 billion international-$ in 2011 prices | -0.9% |
| 1945 | 2.08 billion international-$ in 2011 prices | +0.4% |
| 1946 | 2.26 billion international-$ in 2011 prices | +8.7% |
| 1947 | 2.26 billion international-$ in 2011 prices | +0.3% |
| 1948 | 2.46 billion international-$ in 2011 prices | +8.7% |
| 1949 | 2.42 billion international-$ in 2011 prices | -1.8% |
| 1950 | 2.82 billion international-$ in 2011 prices | +16.6% |
| 1951 | 3.01 billion international-$ in 2011 prices | +6.7% |
| 1952 | 3.52 billion international-$ in 2011 prices | +17.0% |
| 1953 | 3.60 billion international-$ in 2011 prices | +2.4% |
| 1954 | 3.94 billion international-$ in 2011 prices | +9.3% |
| 1955 | 4.20 billion international-$ in 2011 prices | +6.6% |
| 1956 | 4.20 billion international-$ in 2011 prices | -0.1% |
| 1957 | 4.55 billion international-$ in 2011 prices | +8.5% |
| 1958 | 4.57 billion international-$ in 2011 prices | +0.3% |
| 1959 | 4.63 billion international-$ in 2011 prices | +1.4% |
| 1960 | 4.70 billion international-$ in 2011 prices | +1.4% |
| 1961 | 5.05 billion international-$ in 2011 prices | +7.4% |
| 1962 | 5.60 billion international-$ in 2011 prices | +10.9% |
| 1963 | 6.21 billion international-$ in 2011 prices | +10.8% |
| 1964 | 6.94 billion international-$ in 2011 prices | +11.7% |
| 1965 | 7.59 billion international-$ in 2011 prices | +9.5% |
| 1966 | 7.85 billion international-$ in 2011 prices | +3.3% |
| 1967 | 8.39 billion international-$ in 2011 prices | +7.0% |
| 1968 | 8.51 billion international-$ in 2011 prices | +1.4% |
| 1969 | 9.07 billion international-$ in 2011 prices | +6.6% |
| 1970 | 9.16 billion international-$ in 2011 prices | +1.0% |
| 1971 | 9.61 billion international-$ in 2011 prices | +4.9% |
| 1972 | 9.92 billion international-$ in 2011 prices | +3.2% |
| 1973 | 10.42 billion international-$ in 2011 prices | +5.1% |
| 1974 | 11.75 billion international-$ in 2011 prices | +12.7% |
| 1975 | 12.01 billion international-$ in 2011 prices | +2.2% |
| 1976 | 12.61 billion international-$ in 2011 prices | +5.0% |
| 1977 | 13.40 billion international-$ in 2011 prices | +6.3% |
| 1978 | 12.44 billion international-$ in 2011 prices | -7.1% |
| 1979 | 9.15 billion international-$ in 2011 prices | -26.5% |
| 1980 | 9.57 billion international-$ in 2011 prices | +4.6% |
| 1981 | 10.09 billion international-$ in 2011 prices | +5.4% |
| 1982 | 10.00 billion international-$ in 2011 prices | -0.9% |
| 1983 | 10.46 billion international-$ in 2011 prices | +4.6% |
| 1984 | 10.30 billion international-$ in 2011 prices | -1.5% |
| 1985 | 9.88 billion international-$ in 2011 prices | -4.1% |
| 1986 | 9.78 billion international-$ in 2011 prices | -1.0% |
| 1987 | 9.71 billion international-$ in 2011 prices | -0.7% |
| 1988 | 8.50 billion international-$ in 2011 prices | -12.4% |
| 1989 | 8.36 billion international-$ in 2011 prices | -1.7% |
| 1990 | 8.35 billion international-$ in 2011 prices | -0.1% |
| 1991 | 8.48 billion international-$ in 2011 prices | +1.6% |
| 1992 | 8.67 billion international-$ in 2011 prices | +2.2% |
| 1993 | 8.79 billion international-$ in 2011 prices | +1.4% |
| 1994 | 9.24 billion international-$ in 2011 prices | +5.1% |
| 1995 | 9.97 billion international-$ in 2011 prices | +7.9% |
| 1996 | 10.79 billion international-$ in 2011 prices | +8.2% |
| 1997 | 11.42 billion international-$ in 2011 prices | +5.8% |
| 1998 | 12.05 billion international-$ in 2011 prices | +5.6% |
| 1999 | 13.13 billion international-$ in 2011 prices | +9.0% |
| 2000 | 13.91 billion international-$ in 2011 prices | +5.9% |
| 2001 | 14.58 billion international-$ in 2011 prices | +4.8% |
| 2002 | 14.95 billion international-$ in 2011 prices | +2.6% |
| 2003 | 15.60 billion international-$ in 2011 prices | +4.3% |
| 2004 | 16.72 billion international-$ in 2011 prices | +7.2% |
| 2005 | 17.75 billion international-$ in 2011 prices | +6.2% |
| 2006 | 18.82 billion international-$ in 2011 prices | +6.0% |
| 2007 | 20.17 billion international-$ in 2011 prices | +7.2% |
| 2008 | 21.12 billion international-$ in 2011 prices | +4.7% |
| 2009 | 20.90 billion international-$ in 2011 prices | -1.0% |
| 2010 | 21.95 billion international-$ in 2011 prices | +5.0% |
| 2011 | 23.73 billion international-$ in 2011 prices | +8.1% |
| 2012 | 25.07 billion international-$ in 2011 prices | +5.6% |
| 2013 | 26.21 billion international-$ in 2011 prices | +4.6% |
| 2014 | 27.40 billion international-$ in 2011 prices | +4.6% |
| 2015 | 28.75 billion international-$ in 2011 prices | +4.9% |
| 2016 | 29.93 billion international-$ in 2011 prices | +4.1% |
| 2017 | 31.18 billion international-$ in 2011 prices | +4.2% |
| 2018 | 30.00 billion international-$ in 2011 prices | -3.8% |
| 2019 | 29.13 billion international-$ in 2011 prices | -2.9% |
| 2020 | 28.62 billion international-$ in 2011 prices | -1.8% |
| 2021 | 31.58 billion international-$ in 2011 prices | +10.3% |
| 2022 | 32.76 billion international-$ in 2011 prices | +3.8% |
Nicaragua compared with similar countries
- Nicaragua's 32.76 billion international-$ in 2011 prices is below the median for lower middle income countries, which is 54.95 billion international-$ in 2011 prices, 60% of the median. (41 countries reporting)
- Nicaragua's 32.76 billion international-$ in 2011 prices is below the median for Latin America & Caribbean, which is 82.25 billion international-$ in 2011 prices, 40% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1920s | 1.43 billion international-$ in 2011 prices | 1.22 billion international-$ in 2011 prices | 1.89 billion international-$ in 2011 prices | 10 |
| 1930s | 1.43 billion international-$ in 2011 prices | 1.19 billion international-$ in 2011 prices | 1.65 billion international-$ in 2011 prices | 10 |
| 1940s | 2.13 billion international-$ in 2011 prices | 1.81 billion international-$ in 2011 prices | 2.46 billion international-$ in 2011 prices | 10 |
| 1950s | 3.90 billion international-$ in 2011 prices | 2.82 billion international-$ in 2011 prices | 4.63 billion international-$ in 2011 prices | 10 |
| 1960s | 6.99 billion international-$ in 2011 prices | 4.70 billion international-$ in 2011 prices | 9.07 billion international-$ in 2011 prices | 10 |
| 1970s | 11.05 billion international-$ in 2011 prices | 9.15 billion international-$ in 2011 prices | 13.40 billion international-$ in 2011 prices | 10 |
| 1980s | 9.66 billion international-$ in 2011 prices | 8.36 billion international-$ in 2011 prices | 10.46 billion international-$ in 2011 prices | 10 |
| 1990s | 10.09 billion international-$ in 2011 prices | 8.35 billion international-$ in 2011 prices | 13.13 billion international-$ in 2011 prices | 10 |
| 2000s | 17.45 billion international-$ in 2011 prices | 13.91 billion international-$ in 2011 prices | 21.12 billion international-$ in 2011 prices | 10 |
| 2010s | 27.34 billion international-$ in 2011 prices | 21.95 billion international-$ in 2011 prices | 31.18 billion international-$ in 2011 prices | 10 |
| 2020s | 30.99 billion international-$ in 2011 prices | 28.62 billion international-$ in 2011 prices | 32.76 billion international-$ in 2011 prices | 3 |
Countries ranked near Nicaragua
- 124 Gabon 36.04 billion international-$ in 2011 prices compare
- 125 Cyprus 34.26 billion international-$ in 2011 prices compare
- 126 Benin 33.29 billion international-$ in 2011 prices compare
- 128 Kyrgyzstan 31.70 billion international-$ in 2011 prices compare
- 129 Mozambique 31.44 billion international-$ in 2011 prices compare
- 130 Mali 30.55 billion international-$ in 2011 prices 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$), annual growth rate 36.36 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Nicaragua?
- Gross domestic product (gdp) in Nicaragua was 32.76 billion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Nicaragua?
- The highest recorded value was 32.76 billion international-$ in 2011 prices in 2022.
- What is the lowest gross domestic product (gdp) recorded in Nicaragua?
- The lowest recorded value was 1.19 billion international-$ in 2011 prices in 1936.
- How does Nicaragua rank for gross domestic product (gdp)?
- Nicaragua ranks 127th out of 166 countries with data for 2022.
- Is gross domestic product (gdp) rising or falling in Nicaragua?
- Over the last ten years it is up 30.7%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.