Taxes less subsidies on products in Nicaragua
Nicaragua: Taxes less subsidies on products was 2.46 billion current US$ in 2025. ◆ Volatile
Taxes less subsidies on products in Nicaragua, 1994–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Nicaragua recorded 2.46 billion current US$ for taxes less subsidies on products in 2025. That is the highest value across all 32 years on record.
The figure is up 11.5% on the previous year and up 101.3% over ten years.
Over the whole period, taxes less subsidies on products in Nicaragua peaked at 2.46 billion current US$ in 2025 and was at its lowest, 420.00 million current US$, in 1994.
That places Nicaragua 103rd out of 197 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products in Nicaragua, year by year
| Year | current US$ | Change |
|---|---|---|
| 1994 | 420.00 million current US$ | — |
| 1995 | 460.14 million current US$ | +9.6% |
| 1996 | 489.23 million current US$ | +6.3% |
| 1997 | 531.01 million current US$ | +8.5% |
| 1998 | 592.66 million current US$ | +11.6% |
| 1999 | 611.23 million current US$ | +3.1% |
| 2000 | 630.69 million current US$ | +3.2% |
| 2001 | 609.18 million current US$ | -3.4% |
| 2002 | 609.18 million current US$ | -0.0% |
| 2003 | 623.53 million current US$ | +2.4% |
| 2004 | 703.86 million current US$ | +12.9% |
| 2005 | 824.17 million current US$ | +17.1% |
| 2006 | 640.18 million current US$ | -22.3% |
| 2007 | 704.02 million current US$ | +10.0% |
| 2008 | 754.24 million current US$ | +7.1% |
| 2009 | 718.35 million current US$ | -4.8% |
| 2010 | 815.87 million current US$ | +13.6% |
| 2011 | 929.21 million current US$ | +13.9% |
| 2012 | 1.03 billion current US$ | +11.0% |
| 2013 | 1.07 billion current US$ | +3.8% |
| 2014 | 1.15 billion current US$ | +6.9% |
| 2015 | 1.22 billion current US$ | +6.7% |
| 2016 | 1.31 billion current US$ | +6.8% |
| 2017 | 1.37 billion current US$ | +4.6% |
| 2018 | 1.13 billion current US$ | -17.3% |
| 2019 | 1.23 billion current US$ | +9.3% |
| 2020 | 1.23 billion current US$ | -0.1% |
| 2021 | 1.54 billion current US$ | +24.6% |
| 2022 | 1.70 billion current US$ | +10.9% |
| 2023 | 1.95 billion current US$ | +14.7% |
| 2024 | 2.21 billion current US$ | +12.9% |
| 2025 | 2.46 billion current US$ | +11.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 517.38 million current US$ | 420.00 million current US$ | 611.23 million current US$ | 6 |
| 2000s | 681.74 million current US$ | 609.18 million current US$ | 824.17 million current US$ | 10 |
| 2010s | 1.13 billion current US$ | 815.87 million current US$ | 1.37 billion current US$ | 10 |
| 2020s | 1.85 billion current US$ | 1.23 billion current US$ | 2.46 billion current US$ | 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)
- Industry (including construction), value added (constant 2015 US$) 7.07 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2057 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 652.71 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 7.07 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 2.3 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 7,314 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 8.94 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.452 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products in Nicaragua?
- Taxes less subsidies on products in Nicaragua was 2.46 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Nicaragua?
- The highest recorded value was 2.46 billion current US$ in 2025.
- What is the lowest taxes less subsidies on products recorded in Nicaragua?
- The lowest recorded value was 420.00 million current US$ in 1994.
- How does Nicaragua rank for taxes less subsidies on products?
- Nicaragua ranks 103rd out of 197 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Nicaragua?
- Over the last ten years it is up 101.3%. 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 Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.