Gross Domestic Product, GDP in millions constant 2021 international $ in Nicaragua
Nicaragua: Gross Domestic Product, GDP in millions constant 2021 international $ was 3.26 % change on previous year in 2027. ◆ Volatile
Gross Domestic Product, GDP in millions constant 2021 international $ in Nicaragua, 1992–2027
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2027, gross domestic product, gdp in millions constant 2021 international $ in Nicaragua stood at 3.26 % change on previous year.
That represents a change of up 13.1% on the previous year and down 29.6% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Nicaragua peaked at 10.45 % change on previous year in 2021 and was at its lowest, -3.36 % change on previous year, in 2018.
Nicaragua ranks 85th of 189 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product, GDP in millions constant 2021 international $ in Nicaragua, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 0.3864 % change on previous year | — |
| 1993 | -0.3928 % change on previous year | -201.7% |
| 1994 | 3.34 % change on previous year | -949.6% |
| 1995 | 5.91 % change on previous year | +77.1% |
| 1996 | 6.34 % change on previous year | +7.3% |
| 1997 | 3.97 % change on previous year | -37.5% |
| 1998 | 3.71 % change on previous year | -6.4% |
| 1999 | 7.04 % change on previous year | +89.6% |
| 2000 | 4.1 % change on previous year | -41.7% |
| 2001 | 2.96 % change on previous year | -27.8% |
| 2002 | 0.754 % change on previous year | -74.5% |
| 2003 | 2.52 % change on previous year | +234.3% |
| 2004 | 5.31 % change on previous year | +110.7% |
| 2005 | 4.28 % change on previous year | -19.4% |
| 2006 | 4.15 % change on previous year | -3.0% |
| 2007 | 5.08 % change on previous year | +22.2% |
| 2008 | 3.44 % change on previous year | -32.3% |
| 2009 | -3.29 % change on previous year | -195.8% |
| 2010 | 4.41 % change on previous year | -233.9% |
| 2011 | 6.32 % change on previous year | +43.2% |
| 2012 | 6.5 % change on previous year | +2.8% |
| 2013 | 4.93 % change on previous year | -24.2% |
| 2014 | 4.79 % change on previous year | -2.9% |
| 2015 | 4.79 % change on previous year | +0.1% |
| 2016 | 4.56 % change on previous year | -4.8% |
| 2017 | 4.63 % change on previous year | +1.5% |
| 2018 | -3.36 % change on previous year | -172.6% |
| 2019 | -2.9 % change on previous year | -13.9% |
| 2020 | -2.24 % change on previous year | -22.8% |
| 2021 | 10.45 % change on previous year | -567.3% |
| 2022 | 3.55 % change on previous year | -66.0% |
| 2023 | 4.43 % change on previous year | +24.7% |
| 2024 | 3.59 % change on previous year | -19.0% |
| 2025 | 2.99 % change on previous year | -16.6% |
| 2026 | 2.88 % change on previous year | -3.7% |
| 2027 | 3.26 % change on previous year | +13.1% |
Nicaragua compared with similar countries
- Nicaragua's 3.26 % change on previous year is below the median for lower middle income countries, which is 4.04 % change on previous year, 81% of the median. (46 countries reporting)
- Nicaragua's 3.26 % change on previous year is above the median for Latin America & Caribbean, which is 2.4 % change on previous year, 1.4× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product, GDP in millions constant 2021 international $ 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.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +949.6% | -0.3928 % change on previous year | 3.34 % change on previous year |
| 2021 | +567.3% | -2.24 % change on previous year | 10.45 % change on previous year |
| 2003 | +234.3% | 0.754 % change on previous year | 2.52 % change on previous year |
| 2010 | +233.9% | -3.29 % change on previous year | 4.41 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.79 % change on previous year | -0.3928 % change on previous year | 7.04 % change on previous year | 8 |
| 2000s | 2.93 % change on previous year | -3.29 % change on previous year | 5.31 % change on previous year | 10 |
| 2010s | 3.47 % change on previous year | -3.36 % change on previous year | 6.5 % change on previous year | 10 |
| 2020s | 3.61 % change on previous year | -2.24 % change on previous year | 10.45 % change on previous year | 8 |
Countries ranked near Nicaragua
- 82 Bahrain 3.28 % change on previous year compare
- 83 Israel 3.28 % change on previous year compare
- 84 Senegal 3.27 % change on previous year compare
- 86 Saudi Arabia 3.25 % change on previous year compare
- 87 Congo 3.23 % change on previous year compare
- 88 North Macedonia 3.2 % 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 gross domestic product, gdp in millions constant 2021 international $ in Nicaragua?
- Gross domestic product, gdp in millions constant 2021 international $ in Nicaragua was 3.26 % change on previous year in 2027, according to Statizoid (derived).
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Nicaragua?
- The highest recorded value was 10.45 % change on previous year in 2021.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Nicaragua?
- The lowest recorded value was -3.36 % change on previous year in 2018.
- How does Nicaragua rank for gross domestic product, gdp in millions constant 2021 international $?
- Nicaragua ranks 85th out of 189 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Nicaragua?
- Over the last ten years it is down 29.6%. 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 in millions constant 2021 international $ at PPP (ILO modelled estimates), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
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 Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.