Gross domestic product (GDP), Current prices, Domestic currency in Nicaragua

Nicaragua: Gross domestic product (GDP), Current prices, Domestic currency was 0.6082 % change on previous year in 2019. ◆ Volatile

Latest (2019)
0.6082 % change on previous year
Change on year
up 221.6%
World rank
175th
of 194 countries
All-time high
519.68 % change on previous year
in 1987
All-time low
-4.41 % change on previous year
in 1978
Years of data
55
1961–2019

Gross domestic product (GDP), Current prices, Domestic currency in Nicaragua, 1961–2019

0200400600196119902019

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2019, gross domestic product (gdp), current prices, domestic currency in Nicaragua stood at 0.6082 % change on previous year.

The figure is up 221.6% on the previous year and down 76.1% over ten years.

Over the whole period, gross domestic product (gdp), current prices, domestic currency in Nicaragua peaked at 519.68 % change on previous year in 1987 and was at its lowest, -4.41 % change on previous year, in 1978.

That places Nicaragua 175th out of 194 countries with data for 2019, 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), Current prices, Domestic currency in Nicaragua, year by year

Annual values for Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate in Nicaragua, 1961 to 2019.
Year % change on previous year Change
1961 7.8 % change on previous year —
1962 9.4 % change on previous year +20.5%
1963 10.84 % change on previous year +15.3%
1964 15.8 % change on previous year +45.8%
1965 9.72 % change on previous year -38.5%
1966 5.01 % change on previous year -48.5%
1967 8.59 % change on previous year +71.5%
1968 8.5 % change on previous year -1.0%
1969 6.98 % change on previous year -17.8%
1970 4.48 % change on previous year -35.9%
1971 6.44 % change on previous year +43.8%
1972 6.57 % change on previous year +2.0%
1973 24.15 % change on previous year +267.8%
1974 39.08 % change on previous year +61.8%
1975 4.57 % change on previous year -88.3%
1976 16.19 % change on previous year +254.1%
1977 21.21 % change on previous year +31.0%
1978 -4.41 % change on previous year -120.8%
1979 -3.16 % change on previous year -28.2%
1980 50.83 % change on previous year -1707.4%
1981 11.84 % change on previous year -76.7%
1982 15.8 % change on previous year +33.5%
1983 16.12 % change on previous year +2.1%
1984 36.79 % change on previous year +128.2%
1985 156.28 % change on previous year +324.8%
1986 276.89 % change on previous year +77.2%
1987 519.68 % change on previous year +87.7%
1992 24.14 % change on previous year -95.4%
1993 19.92 % change on previous year -17.5%
1994 11.37 % change on previous year -42.9%
1995 20.1 % change on previous year +76.8%
1996 16.56 % change on previous year -17.6%
1997 14.13 % change on previous year -14.7%
1998 18.26 % change on previous year +29.2%
1999 16.91 % change on previous year -7.4%
2000 13.02 % change on previous year -23.0%
2001 10.42 % change on previous year -20.0%
2002 4.03 % change on previous year -61.3%
2003 7.99 % change on previous year +98.3%
2004 14.84 % change on previous year +85.9%
2005 14.57 % change on previous year -1.8%
2006 12.72 % change on previous year -12.7%
2007 15.24 % change on previous year +19.8%
2008 20.19 % change on previous year +32.5%
2009 2.54 % change on previous year -87.4%
2010 10.82 % change on previous year +325.1%
2011 17.18 % change on previous year +58.8%
2012 13.15 % change on previous year -23.5%
2013 9.49 % change on previous year -27.8%
2014 13.58 % change on previous year +43.1%
2015 12.74 % change on previous year -6.2%
2016 9.36 % change on previous year -26.5%
2017 8.95 % change on previous year -4.4%
2018 -0.5001 % change on previous year -105.6%
2019 0.6082 % change on previous year -221.6%

Nicaragua compared with similar countries

  • Nicaragua's 0.6082 % change on previous year is below the median for lower middle income countries, which is 7.38 % change on previous year, 8% of the median. (46 countries reporting)
  • Nicaragua's 0.6082 % change on previous year is below the median for Latin America & Caribbean, which is 3.8 % change on previous year, 16% of the median. (34 countries reporting)

Biggest year-on-year movements

Years where Gross domestic product (GDP), Current prices, Domestic currency in Nicaragua changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1980 +1707.4% -3.16 % change on previous year 50.83 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 9.18 % change on previous year 5.01 % change on previous year 15.8 % change on previous year 9
1970s 11.51 % change on previous year -4.41 % change on previous year 39.08 % change on previous year 10
1980s 135.53 % change on previous year 11.84 % change on previous year 519.68 % change on previous year 8
1990s 17.68 % change on previous year 11.37 % change on previous year 24.14 % change on previous year 8
2000s 11.56 % change on previous year 2.54 % change on previous year 20.19 % change on previous year 10
2010s 9.54 % change on previous year -0.5001 % change on previous year 17.18 % change on previous year 10

Countries ranked near Nicaragua

  1. 172 Guinea-Bissau 0.8925 % change on previous year compare
  2. 173 Singapore 0.829 % change on previous year compare
  3. 174 Saudi Arabia 0.8195 % change on previous year compare
  4. 176 Norway 0.4105 % change on previous year compare
  5. 177 Brunei 0.406 % change on previous year compare
  6. 178 Namibia 0.351 % change on previous year compare

See the full ranking of 194 places →

More economy & growth data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is gross domestic product (gdp), current prices, domestic currency in Nicaragua?
Gross domestic product (gdp), current prices, domestic currency in Nicaragua was 0.6082 % change on previous year in 2019, according to Statizoid (derived).
What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Nicaragua?
The highest recorded value was 519.68 % change on previous year in 1987.
What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Nicaragua?
The lowest recorded value was -4.41 % change on previous year in 1978.
How does Nicaragua rank for gross domestic product (gdp), current prices, domestic currency?
Nicaragua ranks 175th out of 194 countries with data for 2019.
Is gross domestic product (gdp), current prices, domestic currency rising or falling in Nicaragua?
Over the last ten years it is down 76.1%. 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 Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), Current prices, Domestic currency in Nicaragua. Statizoid, drawing on Statizoid (derived). Retrieved 03 October 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-current-prices-domestic-currency-annual-growth-rate/nicaragua/

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How this figure is calculated

The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 10,054 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.