Taxes less subsidies on products (current US$) in Nicaragua
Nicaragua: Taxes less subsidies on products (current US$) 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$, in 1994.
That places Nicaragua 104th out of 199 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$) 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% |
Nicaragua compared with similar countries
- Nicaragua's 2.46 billion current US$ is above the median for lower middle income countries, which is 2.40 billion current US$, 1.0× the median. (46 countries reporting)
- Nicaragua's 2.46 billion current US$ is above the median for Latin America & Caribbean, which is 1.67 billion current US$, 1.5× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 517.38 million current US$ | 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
- 101 Kosovo 2.68 billion current US$ compare
- 101 Kosovo (UNSCR 1244) 2.68 billion current US$ compare
- 103 North Macedonia 2.48 billion current US$ compare
- 105 Mongolia 2.40 billion current US$ compare
- 106 Burkina Faso 2.34 billion current US$ compare
- 107 Benin 2.34 billion current US$ 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)
- 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 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 104th out of 199 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.