Tax revenue as a proportion of GDP in Nicaragua
Nicaragua: Tax revenue as a proportion of GDP was 19.9% in 2023. ▲ Rising
Latest (2023)
19.9%
Change on year
up 0.4%
World rank
56th
of 164 countries
All-time high
19.9%
in 2023
All-time low
9.8%
in 2001
Years of data
24
2000–2023
Tax revenue as a proportion of GDP in Nicaragua, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2023, tax revenue as a proportion of gdp in Nicaragua stood at 19.9%. That is the highest value across all 24 years on record.
That represents a change of up 0.4% on the previous year and up 32.8% over ten years.
Over the whole period, tax revenue as a proportion of gdp in Nicaragua peaked at 19.9% in 2023 and was at its lowest, 9.8%, in 2001.
Nicaragua ranks 56th of 164 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Tax revenue as a proportion of GDP in Nicaragua, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 10.6% | — |
| 2001 | 9.8% | -7.9% |
| 2002 | 10.4% | +6.0% |
| 2003 | 11.7% | +12.7% |
| 2004 | 12.2% | +4.0% |
| 2005 | 12.9% | +5.8% |
| 2006 | 13.7% | +6.1% |
| 2007 | 13.9% | +1.3% |
| 2008 | 13.2% | -4.8% |
| 2009 | 13.1% | -0.5% |
| 2010 | 13.7% | +4.1% |
| 2011 | 14.5% | +6.2% |
| 2012 | 15.0% | +3.4% |
| 2013 | 15.0% | +0.1% |
| 2014 | 15.3% | +2.0% |
| 2015 | 15.6% | +1.8% |
| 2016 | 16.2% | +3.7% |
| 2017 | 16.6% | +2.5% |
| 2018 | 15.7% | -5.3% |
| 2019 | 17.4% | +11.0% |
| 2020 | 17.0% | -2.4% |
| 2021 | 18.8% | +10.6% |
| 2022 | 19.9% | +5.5% |
| 2023 | 19.9% | +0.4% |
Nicaragua compared with similar countries
- Nicaragua's 19.9% is above the median for lower middle income countries, which is 13.9%, 1.4× the median. (34 countries reporting)
- Nicaragua's 19.9% is above the median for Latin America & Caribbean, which is 15.7%, 1.3× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.2% | 9.8% | 13.9% | 10 |
| 2010s | 15.5% | 13.7% | 17.4% | 10 |
| 2020s | 18.9% | 17.0% | 19.9% | 4 |
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 tax revenue as a proportion of gdp in Nicaragua?
- Tax revenue as a proportion of gdp in Nicaragua was 19.9% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest tax revenue as a proportion of gdp recorded in Nicaragua?
- The highest recorded value was 19.9% in 2023.
- What is the lowest tax revenue as a proportion of gdp recorded in Nicaragua?
- The lowest recorded value was 9.8% in 2001.
- How does Nicaragua rank for tax revenue as a proportion of gdp?
- Nicaragua ranks 56th out of 164 countries with data for 2023.
- Is tax revenue as a proportion of gdp rising or falling in Nicaragua?
- Over the last ten years it is up 32.8%. The long-run trend across the full record is rising.
- Where does this Nicaragua data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Tax revenue as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
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