Gross domestic product (GDP), Constant prices, Percent in Nicaragua
Nicaragua: Gross domestic product (GDP), Constant prices, Percent was 3.53 in 2031. ◆ Volatile
Gross domestic product (GDP), Constant prices, Percent in Nicaragua, 1980–2031
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), constant prices, percent in Nicaragua is 3.53, measured in 2031.
That represents a change of down 66.2% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, percent in Nicaragua peaked at 10.45 in 2021 and was at its lowest, -12.4, in 1988.
That places Nicaragua 6th out of 36 countries with data for 2031, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Constant prices, Percent in Nicaragua, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 4.61 | — |
| 1981 | 5.36 | +16.2% |
| 1982 | -0.8168 | -115.2% |
| 1983 | 4.61 | -665.0% |
| 1984 | -1.57 | -133.9% |
| 1985 | -4.08 | +160.8% |
| 1986 | -1.02 | -75.1% |
| 1987 | -0.7059 | -30.5% |
| 1988 | -12.4 | +1656.7% |
| 1989 | -1.69 | -86.3% |
| 1990 | -0.1322 | -92.2% |
| 1991 | -0.1544 | +16.8% |
| 1992 | 0.4 | -359.1% |
| 1993 | -0.4 | -200.0% |
| 1994 | 5 | -1350.0% |
| 1995 | 5.91 | +18.2% |
| 1996 | 6.34 | +7.3% |
| 1997 | 3.97 | -37.5% |
| 1998 | 3.71 | -6.4% |
| 1999 | 7.04 | +89.6% |
| 2000 | 4.1 | -41.7% |
| 2001 | 2.96 | -27.8% |
| 2002 | 0.7539 | -74.5% |
| 2003 | 2.52 | +234.3% |
| 2004 | 5.35 | +112.3% |
| 2005 | 4.24 | -20.7% |
| 2006 | 3.8 | -10.4% |
| 2007 | 5.08 | +33.4% |
| 2008 | 3.44 | -32.3% |
| 2009 | -3.29 | -195.8% |
| 2010 | 4.41 | -233.9% |
| 2011 | 6.32 | +43.2% |
| 2012 | 6.5 | +2.8% |
| 2013 | 4.93 | -24.2% |
| 2014 | 4.79 | -2.9% |
| 2015 | 4.79 | +0.1% |
| 2016 | 4.56 | -4.8% |
| 2017 | 4.63 | +1.5% |
| 2018 | -3.36 | -172.6% |
| 2019 | -2.9 | -13.9% |
| 2020 | -2.24 | -22.8% |
| 2021 | 10.45 | -567.4% |
| 2022 | 3.55 | -66.0% |
| 2023 | 4.43 | +24.7% |
| 2024 | 3.58 | -19.1% |
| 2025 | 4.92 | +37.5% |
| 2026 | 3.84 | -22.0% |
| 2027 | 3.8 | -1.0% |
| 2028 | 3.53 | -7.1% |
| 2029 | 3.53 | +0.0% |
| 2030 | 3.53 | +0.0% |
| 2031 | 3.53 | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -0.7694 | -12.4 | 5.36 | 10 |
| 1990s | 3.17 | -0.4 | 7.04 | 10 |
| 2000s | 2.9 | -3.29 | 5.35 | 10 |
| 2010s | 3.47 | -3.36 | 6.5 | 10 |
| 2020s | 3.94 | -2.24 | 10.45 | 10 |
| 2030s | 3.53 | 3.53 | 3.53 | 2 |
Countries ranked near Nicaragua
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), constant prices, percent in Nicaragua?
- Gross domestic product (gdp), constant prices, percent in Nicaragua was 3.53 in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, percent recorded in Nicaragua?
- The highest recorded value was 10.45 in 2021.
- What is the lowest gross domestic product (gdp), constant prices, percent recorded in Nicaragua?
- The lowest recorded value was -12.4 in 1988.
- How does Nicaragua rank for gross domestic product (gdp), constant prices, percent?
- Nicaragua ranks 6th out of 36 countries with data for 2031.
- Is gross domestic product (gdp), constant prices, percent rising or falling in Nicaragua?
- Over the last ten years it is down 66.2%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Percent. Statizoid updates them automatically from the source API.
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About this data
The WHD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in the Western Hemisphere. Data for the Western Hemisphere REO are prepared in conjunction and are consistent with the semi-annual World Economic Outlook (WEO) exercises. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.