Gross Domestic Product, GDP in millions constant 2021 international $ in Nicaragua
Nicaragua: Gross Domestic Product, GDP in millions constant 2021 international $ was 57,979 in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Nicaragua, 1991–2027
Source: International Labour Organization.
Analysis
The most recent figure for gross domestic product, gdp in millions constant 2021 international $ in Nicaragua is 57,979, measured in 2027. That is the highest value across all 37 years on record.
The figure is up 3.3% on the previous year and up 24.2% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Nicaragua peaked at 57,979 in 2027 and was at its lowest, 17,521, in 1993.
Nicaragua ranks 128th of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 37 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Nicaragua, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 17,523 | — |
| 1992 | 17,590 | +0.4% |
| 1993 | 17,521 | -0.4% |
| 1994 | 18,106 | +3.3% |
| 1995 | 19,177 | +5.9% |
| 1996 | 20,393 | +6.3% |
| 1997 | 21,202 | +4.0% |
| 1998 | 21,989 | +3.7% |
| 1999 | 23,536 | +7.0% |
| 2000 | 24,502 | +4.1% |
| 2001 | 25,227 | +3.0% |
| 2002 | 25,417 | +0.8% |
| 2003 | 26,058 | +2.5% |
| 2004 | 27,442 | +5.3% |
| 2005 | 28,617 | +4.3% |
| 2006 | 29,806 | +4.2% |
| 2007 | 31,319 | +5.1% |
| 2008 | 32,395 | +3.4% |
| 2009 | 31,328 | -3.3% |
| 2010 | 32,710 | +4.4% |
| 2011 | 34,776 | +6.3% |
| 2012 | 37,035 | +6.5% |
| 2013 | 38,860 | +4.9% |
| 2014 | 40,720 | +4.8% |
| 2015 | 42,671 | +4.8% |
| 2016 | 44,618 | +4.6% |
| 2017 | 46,684 | +4.6% |
| 2018 | 45,114 | -3.4% |
| 2019 | 43,807 | -2.9% |
| 2020 | 42,828 | -2.2% |
| 2021 | 47,305 | +10.5% |
| 2022 | 48,984 | +3.6% |
| 2023 | 51,153 | +4.4% |
| 2024 | 52,988 | +3.6% |
| 2025 | 54,575 | +3.0% |
| 2026 | 56,148 | +2.9% |
| 2027 | 57,979 | +3.3% |
Nicaragua compared with similar countries
- Nicaragua's 57,979 is below the median for lower middle income countries, which is 75,074, 77% of the median. (46 countries reporting)
- Nicaragua's 57,979 is below the median for Latin America & Caribbean, which is 125,506, 46% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19,671 | 17,521 | 23,536 | 9 |
| 2000s | 28,211 | 24,502 | 32,395 | 10 |
| 2010s | 40,700 | 32,710 | 46,684 | 10 |
| 2020s | 51,495 | 42,828 | 57,979 | 8 |
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 in millions constant 2021 international $ in Nicaragua?
- Gross domestic product, gdp in millions constant 2021 international $ in Nicaragua was 57,979 in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Nicaragua?
- The highest recorded value was 57,979 in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Nicaragua?
- The lowest recorded value was 17,521 in 1993.
- How does Nicaragua rank for gross domestic product, gdp in millions constant 2021 international $?
- Nicaragua ranks 128th out of 188 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 up 24.2%. The long-run trend across the full record is rising.
- Where does this Nicaragua data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.