Revenue Statistics in Latin America and the Caribbean - Comparative in Nicaragua
Nicaragua: Revenue Statistics in Latin America and the Caribbean - Comparative was 27.61 Percentage of GDP in 2024. ▲ Rising
Revenue Statistics in Latin America and the Caribbean - Comparative in Nicaragua, 1991–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Nicaragua recorded 27.61 Percentage of GDP for revenue statistics in latin america and the caribbean - comparative in 2024.
That represents a change of up 0.4% on the previous year and up 26.9% over ten years.
Over the whole period, revenue statistics in latin america and the caribbean - comparative in Nicaragua peaked at 27.84 Percentage of GDP in 2022 and was at its lowest, 10.32 Percentage of GDP, in 1991.
That places Nicaragua 5th out of 29 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Revenue Statistics in Latin America and the Caribbean - Comparative in Nicaragua, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1991 | 10.32 Percentage of GDP | — |
| 1992 | 11.22 Percentage of GDP | +8.7% |
| 1993 | 10.93 Percentage of GDP | -2.6% |
| 1994 | 11.59 Percentage of GDP | +6.0% |
| 1995 | 11.6 Percentage of GDP | +0.1% |
| 1996 | 11.75 Percentage of GDP | +1.2% |
| 1997 | 13.09 Percentage of GDP | +11.4% |
| 1998 | 14.1 Percentage of GDP | +7.7% |
| 1999 | 13.91 Percentage of GDP | -1.3% |
| 2000 | 14.35 Percentage of GDP | +3.1% |
| 2001 | 14.15 Percentage of GDP | -1.4% |
| 2002 | 14.79 Percentage of GDP | +4.5% |
| 2003 | 16.23 Percentage of GDP | +9.7% |
| 2004 | 16.23 Percentage of GDP | +0.0% |
| 2005 | 17.35 Percentage of GDP | +6.9% |
| 2006 | 18.51 Percentage of GDP | +6.7% |
| 2007 | 18.85 Percentage of GDP | +1.8% |
| 2008 | 18.13 Percentage of GDP | -3.8% |
| 2009 | 18.49 Percentage of GDP | +2.0% |
| 2010 | 19.33 Percentage of GDP | +4.6% |
| 2011 | 20.19 Percentage of GDP | +4.4% |
| 2012 | 20.82 Percentage of GDP | +3.1% |
| 2013 | 21.23 Percentage of GDP | +2.0% |
| 2014 | 21.76 Percentage of GDP | +2.5% |
| 2015 | 22.31 Percentage of GDP | +2.5% |
| 2016 | 23.27 Percentage of GDP | +4.3% |
| 2017 | 23.85 Percentage of GDP | +2.5% |
| 2018 | 23.23 Percentage of GDP | -2.6% |
| 2019 | 25.52 Percentage of GDP | +9.9% |
| 2020 | 25.32 Percentage of GDP | -0.8% |
| 2021 | 26.92 Percentage of GDP | +6.3% |
| 2022 | 27.84 Percentage of GDP | +3.4% |
| 2023 | 27.49 Percentage of GDP | -1.2% |
| 2024 | 27.61 Percentage of GDP | +0.4% |
Nicaragua compared with similar countries
- Nicaragua's 27.61 Percentage of GDP is above the median for Latin America & Caribbean, which is 21.28 Percentage of GDP, 1.3× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.06 Percentage of GDP | 10.32 Percentage of GDP | 14.1 Percentage of GDP | 9 |
| 2000s | 16.71 Percentage of GDP | 14.15 Percentage of GDP | 18.85 Percentage of GDP | 10 |
| 2010s | 22.15 Percentage of GDP | 19.33 Percentage of GDP | 25.52 Percentage of GDP | 10 |
| 2020s | 27.03 Percentage of GDP | 25.32 Percentage of GDP | 27.84 Percentage of GDP | 5 |
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 revenue statistics in latin america and the caribbean - comparative in Nicaragua?
- Revenue statistics in latin america and the caribbean - comparative in Nicaragua was 27.61 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest revenue statistics in latin america and the caribbean - comparative recorded in Nicaragua?
- The highest recorded value was 27.84 Percentage of GDP in 2022.
- What is the lowest revenue statistics in latin america and the caribbean - comparative recorded in Nicaragua?
- The lowest recorded value was 10.32 Percentage of GDP in 1991.
- How does Nicaragua rank for revenue statistics in latin america and the caribbean - comparative?
- Nicaragua ranks 5th out of 29 countries with data for 2024.
- Is revenue statistics in latin america and the caribbean - comparative rising or falling in Nicaragua?
- Over the last ten years it is up 26.9%. The long-run trend across the full record is rising.
- Where does this Nicaragua data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Revenue Statistics in Latin America and the Caribbean - Comparative tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax revenue data from Revenue Statistics in Latin America and the Caribbean countries presented as a percentage of GDP and as a share of total tax revenues as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax.