Inflation, GDP deflator (annual %) in Nicaragua
Nicaragua: Inflation, GDP deflator (annual %) was 7.6% in 2025. ◆ Volatile
Inflation, GDP deflator in Nicaragua, 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
Nicaragua recorded 7.6% for inflation, gdp deflator in 2025.
Compared with earlier readings it is up 3.7% on the previous year and up 0.2% over ten years.
Over the whole period, inflation, gdp deflator in Nicaragua peaked at 13,611.6% in 1988 and was at its lowest, -0.5%, in 1962.
Nicaragua ranks 38th of 214 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator (annual %) in Nicaragua, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | -0.0% | — |
| 1962 | -0.5% | +1030.4% |
| 1963 | -0.4% | -23.8% |
| 1964 | 4.5% | -1207.5% |
| 1965 | 0.8% | -81.4% |
| 1966 | 3.7% | +335.6% |
| 1967 | 1.3% | -65.4% |
| 1968 | 4.5% | +254.6% |
| 1969 | 1.2% | -73.9% |
| 1970 | 2.4% | +108.1% |
| 1971 | 3.0% | +24.3% |
| 1972 | 4.3% | +40.2% |
| 1973 | 16.7% | +292.0% |
| 1974 | 21.8% | +30.8% |
| 1975 | 4.7% | -78.3% |
| 1976 | 10.4% | +120.5% |
| 1977 | 11.9% | +13.6% |
| 1978 | 3.8% | -68.2% |
| 1979 | 31.7% | +739.5% |
| 1980 | 37.0% | +16.8% |
| 1981 | 11.7% | -68.3% |
| 1982 | 16.7% | +42.9% |
| 1983 | 11.0% | -34.3% |
| 1984 | 39.0% | +254.1% |
| 1985 | 167.2% | +329.1% |
| 1986 | 281.5% | +68.3% |
| 1987 | 523.1% | +85.8% |
| 1988 | 13,611.6% | +2502.2% |
| 1989 | 4,711.2% | -65.4% |
| 1990 | 5,016.1% | +6.5% |
| 1991 | 4,523.6% | -9.8% |
| 1992 | 23.7% | -99.5% |
| 1993 | 20.4% | -13.8% |
| 1994 | 133.7% | +555.7% |
| 1995 | 13.4% | -90.0% |
| 1996 | 9.6% | -28.3% |
| 1997 | 9.8% | +1.8% |
| 1998 | 14.0% | +43.5% |
| 1999 | 9.2% | -34.2% |
| 2000 | 8.6% | -7.2% |
| 2001 | 7.2% | -15.5% |
| 2002 | 3.2% | -55.1% |
| 2003 | 5.3% | +64.1% |
| 2004 | 9.1% | +69.8% |
| 2005 | 9.9% | +9.0% |
| 2006 | 7.9% | -20.3% |
| 2007 | 9.7% | +23.0% |
| 2008 | 16.2% | +67.5% |
| 2009 | 6.0% | -62.7% |
| 2010 | 6.1% | +1.7% |
| 2011 | 10.2% | +66.4% |
| 2012 | 6.2% | -38.9% |
| 2013 | 4.3% | -30.3% |
| 2014 | 8.4% | +93.0% |
| 2015 | 7.6% | -9.6% |
| 2016 | 4.6% | -39.5% |
| 2017 | 4.1% | -10.2% |
| 2018 | 2.7% | -35.5% |
| 2019 | 5.4% | +103.0% |
| 2020 | 6.3% | +16.5% |
| 2021 | 3.5% | -44.0% |
| 2022 | 8.4% | +138.1% |
| 2023 | 10.8% | +28.6% |
| 2024 | 7.3% | -32.0% |
| 2025 | 7.6% | +3.7% |
Nicaragua compared with similar countries
- Nicaragua's 7.6% is above the median for lower middle income countries, which is 5.0%, 1.5× the median. (47 countries reporting)
- Nicaragua's 7.6% is above the median for Latin America & Caribbean, which is 3.4%, 2.3× the median. (40 countries reporting)
Biggest year-on-year movements
Years where Inflation, GDP deflator (annual %) 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 |
|---|---|---|---|
| 1988 | +2502.2% | 523.1% | 13,611.6% |
| 1964 | +1207.5% | -0.4% | 4.5% |
| 1962 | -1030.4% | -0.0% | -0.5% |
| 1979 | +739.5% | 3.8% | 31.7% |
| 1994 | +555.7% | 20.4% | 133.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.7% | -0.5% | 4.5% | 9 |
| 1970s | 11.1% | 2.4% | 31.7% | 10 |
| 1980s | 1,941.0% | 11.0% | 13,611.6% | 10 |
| 1990s | 977.4% | 9.2% | 5,016.1% | 10 |
| 2000s | 8.3% | 3.2% | 16.2% | 10 |
| 2010s | 6.0% | 2.7% | 10.2% | 10 |
| 2020s | 7.3% | 3.5% | 10.8% | 6 |
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)
- SDRs holdings, US dollar, annual growth rate 4.16 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0168 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 53.46 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.8097 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0123 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 39.04 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -11.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.014 units per US$ of GDP (2025)
Frequently asked questions
- What is inflation, gdp deflator in Nicaragua?
- Inflation, gdp deflator in Nicaragua was 7.6% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Nicaragua?
- The highest recorded value was 13,611.6% in 1988.
- What is the lowest inflation, gdp deflator recorded in Nicaragua?
- The lowest recorded value was -0.5% in 1962.
- How does Nicaragua rank for inflation, gdp deflator?
- Nicaragua ranks 38th out of 214 countries with data for 2025.
- Is inflation, gdp deflator rising or falling in Nicaragua?
- Over the last ten years it is up 0.2%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.