Gross National Income — Value Standard Local Currency, annual growth in Nicaragua
Nicaragua: Gross National Income — Value Standard Local Currency, annual growth was 18.39 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency, annual growth in Nicaragua, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Nicaragua recorded 18.39 % change on previous year for gross national income — value standard local currency, annual growth in 2023.
That represents a change of up 54.9% on the previous year and up 117.3% over ten years.
Over the whole period, gross national income — value standard local currency, annual growth in Nicaragua peaked at 520.59 % change on previous year in 1987 and was at its lowest, -16.67 % change on previous year, in 1979.
Nicaragua ranks 36th of 231 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value Standard Local Currency, annual growth in Nicaragua, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 0 % change on previous year | — |
| 1972 | 0 % change on previous year | — |
| 1973 | 50 % change on previous year | — |
| 1974 | 33.33 % change on previous year | -33.3% |
| 1975 | 0 % change on previous year | -100.0% |
| 1976 | 25 % change on previous year | — |
| 1977 | 20 % change on previous year | -20.0% |
| 1978 | 0 % change on previous year | -100.0% |
| 1979 | -16.67 % change on previous year | — |
| 1980 | 60 % change on previous year | -460.0% |
| 1981 | 12.5 % change on previous year | -79.2% |
| 1982 | 22.22 % change on previous year | +77.8% |
| 1983 | 18.18 % change on previous year | -18.2% |
| 1984 | 38.46 % change on previous year | +111.5% |
| 1985 | 150 % change on previous year | +290.0% |
| 1986 | 277.78 % change on previous year | +85.2% |
| 1987 | 520.59 % change on previous year | +87.4% |
| 1992 | 26.6 % change on previous year | -94.9% |
| 1993 | 17.77 % change on previous year | -33.2% |
| 1994 | 10.05 % change on previous year | -43.5% |
| 1995 | 19.42 % change on previous year | +93.3% |
| 1996 | 19.06 % change on previous year | -1.9% |
| 1997 | 16.59 % change on previous year | -12.9% |
| 1998 | 21.64 % change on previous year | +30.5% |
| 1999 | 16.82 % change on previous year | -22.3% |
| 2000 | 13.18 % change on previous year | -21.7% |
| 2001 | 9.56 % change on previous year | -27.4% |
| 2002 | 5.09 % change on previous year | -46.8% |
| 2003 | 8.06 % change on previous year | +58.5% |
| 2004 | 15.48 % change on previous year | +92.1% |
| 2005 | 16.04 % change on previous year | +3.6% |
| 2006 | 11.41 % change on previous year | -28.9% |
| 2007 | 16.47 % change on previous year | +44.4% |
| 2008 | 20.4 % change on previous year | +23.9% |
| 2009 | 2.04 % change on previous year | -90.0% |
| 2010 | 11.1 % change on previous year | +443.7% |
| 2011 | 17.24 % change on previous year | +55.3% |
| 2012 | 11.78 % change on previous year | -31.6% |
| 2013 | 8.46 % change on previous year | -28.2% |
| 2014 | 14.86 % change on previous year | +75.6% |
| 2015 | 12.66 % change on previous year | -14.8% |
| 2016 | 8.26 % change on previous year | -34.8% |
| 2017 | 8.57 % change on previous year | +3.8% |
| 2018 | -0.5827 % change on previous year | -106.8% |
| 2019 | 3.8 % change on previous year | -751.8% |
| 2020 | 0.582 % change on previous year | -84.7% |
| 2021 | 14.29 % change on previous year | +2356.0% |
| 2022 | 11.87 % change on previous year | -16.9% |
| 2023 | 18.39 % change on previous year | +54.9% |
Nicaragua compared with similar countries
- Nicaragua's 18.39 % change on previous year is above the median for lower middle income countries, which is 10 % change on previous year, 1.8× the median. (44 countries reporting)
- Nicaragua's 18.39 % change on previous year is above the median for Latin America & Caribbean, which is 8.19 % change on previous year, 2.2× the median. (38 countries reporting)
Biggest year-on-year movements
Years where Gross National Income — Value Standard Local Currency, annual growth 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 |
|---|---|---|---|
| 2021 | +2356.0% | 0.582 % change on previous year | 14.29 % change on previous year |
| 2019 | +751.8% | -0.5827 % change on previous year | 3.8 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.41 % change on previous year | -16.67 % change on previous year | 50 % change on previous year | 9 |
| 1980s | 137.47 % change on previous year | 12.5 % change on previous year | 520.59 % change on previous year | 8 |
| 1990s | 18.49 % change on previous year | 10.05 % change on previous year | 26.6 % change on previous year | 8 |
| 2000s | 11.77 % change on previous year | 2.04 % change on previous year | 20.4 % change on previous year | 10 |
| 2010s | 9.62 % change on previous year | -0.5827 % change on previous year | 17.24 % change on previous year | 10 |
| 2020s | 11.28 % change on previous year | 0.582 % change on previous year | 18.39 % change on previous year | 4 |
Countries ranked near Nicaragua
- 33 Rwanda 19.35 % change on previous year compare
- 34 Uzbekistan 18.95 % change on previous year compare
- 35 Angola 18.87 % change on previous year compare
- 37 Mauritius 16.62 % change on previous year compare
- 38 Montenegro 16.38 % change on previous year compare
- 39 Zimbabwe 16.23 % 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 national income — value standard local currency, annual growth in Nicaragua?
- Gross national income — value standard local currency, annual growth in Nicaragua was 18.39 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value standard local currency, annual growth recorded in Nicaragua?
- The highest recorded value was 520.59 % change on previous year in 1987.
- What is the lowest gross national income — value standard local currency, annual growth recorded in Nicaragua?
- The lowest recorded value was -16.67 % change on previous year in 1979.
- How does Nicaragua rank for gross national income — value standard local currency, annual growth?
- Nicaragua ranks 36th out of 231 countries with data for 2023.
- Is gross national income — value standard local currency, annual growth rising or falling in Nicaragua?
- Over the last ten years it is up 117.3%. 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 National Income — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross National Income — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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 National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.