Taxes less subsidies on products (current US$), per unit of GDP in Nicaragua
Nicaragua: Taxes less subsidies on products (current US$), per unit of GDP was 0.1107 current US$ per US$ of GDP in 2025. ▼ Falling
Taxes less subsidies on products (current US$), per unit of GDP in Nicaragua, 1994–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Nicaragua recorded 0.1107 current US$ per US$ of GDP for taxes less subsidies on products (current us$), per unit of gdp in 2025.
The figure is down 1.2% on the previous year and up 15.5% over ten years.
Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Nicaragua peaked at 0.1304 current US$ per US$ of GDP in 2005 and was at its lowest, 0.0866 current US$ per US$ of GDP, in 2009.
That places Nicaragua 60th out of 197 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 32 years of available data.
Taxes less subsidies on products (current US$), per unit of GDP in Nicaragua, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1994 | 0.1087 current US$ per US$ of GDP | — |
| 1995 | 0.1111 current US$ per US$ of GDP | +2.2% |
| 1996 | 0.1136 current US$ per US$ of GDP | +2.2% |
| 1997 | 0.121 current US$ per US$ of GDP | +6.5% |
| 1998 | 0.1279 current US$ per US$ of GDP | +5.7% |
| 1999 | 0.1259 current US$ per US$ of GDP | -1.6% |
| 2000 | 0.1234 current US$ per US$ of GDP | -1.9% |
| 2001 | 0.1138 current US$ per US$ of GDP | -7.8% |
| 2002 | 0.1166 current US$ per US$ of GDP | +2.5% |
| 2003 | 0.1172 current US$ per US$ of GDP | +0.5% |
| 2004 | 0.1215 current US$ per US$ of GDP | +3.7% |
| 2005 | 0.1304 current US$ per US$ of GDP | +7.3% |
| 2006 | 0.0946 current US$ per US$ of GDP | -27.4% |
| 2007 | 0.0948 current US$ per US$ of GDP | +0.2% |
| 2008 | 0.0888 current US$ per US$ of GDP | -6.4% |
| 2009 | 0.0866 current US$ per US$ of GDP | -2.5% |
| 2010 | 0.0932 current US$ per US$ of GDP | +7.6% |
| 2011 | 0.0951 current US$ per US$ of GDP | +2.1% |
| 2012 | 0.098 current US$ per US$ of GDP | +3.1% |
| 2013 | 0.0976 current US$ per US$ of GDP | -0.4% |
| 2014 | 0.0964 current US$ per US$ of GDP | -1.2% |
| 2015 | 0.0958 current US$ per US$ of GDP | -0.6% |
| 2016 | 0.0982 current US$ per US$ of GDP | +2.5% |
| 2017 | 0.0991 current US$ per US$ of GDP | +0.8% |
| 2018 | 0.0867 current US$ per US$ of GDP | -12.5% |
| 2019 | 0.0972 current US$ per US$ of GDP | +12.1% |
| 2020 | 0.0969 current US$ per US$ of GDP | -0.3% |
| 2021 | 0.1081 current US$ per US$ of GDP | +11.6% |
| 2022 | 0.1089 current US$ per US$ of GDP | +0.8% |
| 2023 | 0.1097 current US$ per US$ of GDP | +0.7% |
| 2024 | 0.112 current US$ per US$ of GDP | +2.1% |
| 2025 | 0.1107 current US$ per US$ of GDP | -1.2% |
Nicaragua compared with similar countries
- Nicaragua's 0.1107 current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.069 current US$ per US$ of GDP, 1.6× the median. (46 countries reporting)
- Nicaragua's 0.1107 current US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.097 current US$ per US$ of GDP, 1.1× the median. (38 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current US$), per unit of GDP in Nicaragua changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | -27.4% | 0.1304 current US$ per US$ of GDP | 0.0946 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.118 current US$ per US$ of GDP | 0.1087 current US$ per US$ of GDP | 0.1279 current US$ per US$ of GDP | 6 |
| 2000s | 0.1088 current US$ per US$ of GDP | 0.0866 current US$ per US$ of GDP | 0.1304 current US$ per US$ of GDP | 10 |
| 2010s | 0.0957 current US$ per US$ of GDP | 0.0867 current US$ per US$ of GDP | 0.0991 current US$ per US$ of GDP | 10 |
| 2020s | 0.1077 current US$ per US$ of GDP | 0.0969 current US$ per US$ of GDP | 0.112 current US$ per US$ of GDP | 6 |
Countries ranked near Nicaragua
- 57 Slovenia 0.1139 current US$ per US$ of GDP compare
- 58 Türkiye 0.1134 current US$ per US$ of GDP compare
- 59 Denmark 0.1133 current US$ per US$ of GDP compare
- 61 France 0.1097 current US$ per US$ of GDP compare
- 62 Cyprus 0.1089 current US$ per US$ of GDP compare
- 63 Lithuania 0.1078 current US$ per US$ of GDP 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$), annual growth rate 36.36 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (current us$), per unit of gdp in Nicaragua?
- Taxes less subsidies on products (current us$), per unit of gdp in Nicaragua was 0.1107 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Nicaragua?
- The highest recorded value was 0.1304 current US$ per US$ of GDP in 2005.
- What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Nicaragua?
- The lowest recorded value was 0.0866 current US$ per US$ of GDP in 2009.
- How does Nicaragua rank for taxes less subsidies on products (current us$), per unit of gdp?
- Nicaragua ranks 60th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Nicaragua?
- Over the last ten years it is up 15.5%. The long-run trend across the full record is falling.
- Where does this Nicaragua data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.