Gross savings (current LCU), annual growth rate in Nicaragua

Nicaragua: Gross savings (current LCU), annual growth rate was 6.06 % change on previous year in 2024. ◆ Volatile

Latest (2024)
6.06 % change on previous year
Change on year
down 93.3%
World rank
98th
of 177 countries
All-time high
184.75 % change on previous year
in 1995
All-time low
-14.28 % change on previous year
in 2000
Years of data
30
1995–2024

Gross savings (current LCU), annual growth rate in Nicaragua, 1995–2024

0501001502001995200920241995: 184.7 % change on previous year1996: 75.3 % change on previous year1997: 74 % change on previous year1998: 85.8 % change on previous year1999: 34.9 % change on previous year2000: -14.3 % change on previous year2001: 3.1 % change on previous year2002: -7.4 % change on previous year2003: 21.4 % change on previous year2004: 54 % change on previous year2005: 25.4 % change on previous year2006: 19.5 % change on previous year2007: 15.6 % change on previous year2008: 31 % change on previous year2009: -9.2 % change on previous year2010: 20.2 % change on previous year2011: 40.4 % change on previous year2012: 14.6 % change on previous year2013: 2 % change on previous year2014: 30.5 % change on previous year2015: 28.4 % change on previous year2016: 4.8 % change on previous year2017: 8.5 % change on previous year2018: -2.6 % change on previous year2019: 9.6 % change on previous year2020: 4.7 % change on previous year2021: -4.8 % change on previous year2022: 2.9 % change on previous year2023: 90.5 % change on previous year2024: 6.1 % change on previous year

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

Analysis

In 2024, gross savings (current lcu), annual growth rate in Nicaragua stood at 6.06 % change on previous year.

Compared with earlier readings it is down 93.3% on the previous year and down 80.1% over ten years.

Over the whole period, gross savings (current lcu), annual growth rate in Nicaragua peaked at 184.75 % change on previous year in 1995 and was at its lowest, -14.28 % change on previous year, in 2000.

Nicaragua ranks 98th of 177 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 savings (current LCU), annual growth rate in Nicaragua, year by year

Annual values for Gross savings (current LCU), annual growth rate in Nicaragua, 1995 to 2024.
Year % change on previous year Change
1995 184.75 % change on previous year —
1996 75.29 % change on previous year -59.2%
1997 73.97 % change on previous year -1.7%
1998 85.82 % change on previous year +16.0%
1999 34.88 % change on previous year -59.4%
2000 -14.28 % change on previous year -140.9%
2001 3.12 % change on previous year -121.8%
2002 -7.44 % change on previous year -338.7%
2003 21.41 % change on previous year -387.7%
2004 54 % change on previous year +152.2%
2005 25.43 % change on previous year -52.9%
2006 19.54 % change on previous year -23.2%
2007 15.61 % change on previous year -20.1%
2008 30.96 % change on previous year +98.4%
2009 -9.2 % change on previous year -129.7%
2010 20.19 % change on previous year -319.3%
2011 40.41 % change on previous year +100.1%
2012 14.58 % change on previous year -63.9%
2013 2.04 % change on previous year -86.0%
2014 30.55 % change on previous year +1399.7%
2015 28.36 % change on previous year -7.2%
2016 4.81 % change on previous year -83.0%
2017 8.49 % change on previous year +76.6%
2018 -2.61 % change on previous year -130.7%
2019 9.6 % change on previous year -467.8%
2020 4.72 % change on previous year -50.8%
2021 -4.82 % change on previous year -202.1%
2022 2.92 % change on previous year -160.6%
2023 90.48 % change on previous year +2995.7%
2024 6.06 % change on previous year -93.3%

Nicaragua compared with similar countries

  • Nicaragua's 6.06 % change on previous year is below the median for lower middle income countries, which is 11.63 % change on previous year, 52% of the median. (45 countries reporting)
  • Nicaragua's 6.06 % change on previous year is below the median for Latin America & Caribbean, which is 7.9 % change on previous year, 77% of the median. (24 countries reporting)

Biggest year-on-year movements

Years where Gross savings (current LCU), annual growth rate 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
2023 +2995.7% 2.92 % change on previous year 90.48 % change on previous year
2014 +1399.7% 2.04 % change on previous year 30.55 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s 90.94 % change on previous year 34.88 % change on previous year 184.75 % change on previous year 5
2000s 13.91 % change on previous year -14.28 % change on previous year 54 % change on previous year 10
2010s 15.64 % change on previous year -2.61 % change on previous year 40.41 % change on previous year 10
2020s 19.87 % change on previous year -4.82 % change on previous year 90.48 % change on previous year 5

Countries ranked near Nicaragua

  1. 95 Albania 6.72 % change on previous year compare
  2. 96 Aruba 6.33 % change on previous year compare
  3. 97 Guatemala 6.15 % change on previous year compare
  4. 99 South Korea 5.85 % change on previous year compare
  5. 100 Spain 5.7 % change on previous year compare
  6. 101 New Zealand 5.69 % change on previous year compare

See the full ranking of 177 places →

More economy & growth data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is gross savings (current lcu), annual growth rate in Nicaragua?
Gross savings (current lcu), annual growth rate in Nicaragua was 6.06 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross savings (current lcu), annual growth rate recorded in Nicaragua?
The highest recorded value was 184.75 % change on previous year in 1995.
What is the lowest gross savings (current lcu), annual growth rate recorded in Nicaragua?
The lowest recorded value was -14.28 % change on previous year in 2000.
How does Nicaragua rank for gross savings (current lcu), annual growth rate?
Nicaragua ranks 98th out of 177 countries with data for 2024.
Is gross savings (current lcu), annual growth rate rising or falling in Nicaragua?
Over the last ten years it is down 80.1%. 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 savings (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Gross savings (current LCU), annual growth rate in Nicaragua. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/stat/gross-savings-current-lcu-annual-growth-rate/nicaragua/

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How this figure is calculated

The year-on-year percentage change in Gross savings (current LCU). 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 savings (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
177 places, 6,194 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.