Taxes on goods and services as share of GDP in Nicaragua
Nicaragua: Taxes on goods and services as share of GDP was 11.2% in 2022. ▲ Rising
Taxes on goods and services as share of GDP in Nicaragua, 1997–2022
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for taxes on goods and services as share of gdp in Nicaragua is 11.2%, measured in 2022. That is the highest value across all 26 years on record.
The figure is up 0.2% on the previous year and up 11.3% over ten years.
Over the whole period, taxes on goods and services as share of gdp in Nicaragua peaked at 11.2% in 2022 and was at its lowest, 7.1%, in 2001.
That places Nicaragua 52nd out of 187 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Taxes on goods and services as share of GDP in Nicaragua, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1997 | 7.7% | — |
| 1998 | 7.9% | +3.0% |
| 1999 | 8.1% | +2.5% |
| 2000 | 7.7% | -5.0% |
| 2001 | 7.1% | -7.6% |
| 2002 | 7.4% | +3.9% |
| 2003 | 7.9% | +7.1% |
| 2004 | 8.7% | +10.6% |
| 2005 | 9.2% | +5.7% |
| 2006 | 9.8% | +6.3% |
| 2007 | 9.9% | +0.6% |
| 2008 | 9.2% | -7.1% |
| 2009 | 8.9% | -2.8% |
| 2010 | 9.5% | +7.1% |
| 2011 | 9.8% | +2.3% |
| 2012 | 10.0% | +2.9% |
| 2013 | 10.0% | -0.0% |
| 2014 | 10.0% | -0.5% |
| 2015 | 9.9% | -0.7% |
| 2016 | 10.0% | +1.3% |
| 2017 | 10.1% | +1.0% |
| 2018 | 9.2% | -9.2% |
| 2019 | 10.1% | +9.9% |
| 2020 | 10.2% | +0.4% |
| 2021 | 11.1% | +9.8% |
| 2022 | 11.2% | +0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.9% | 7.7% | 8.1% | 3 |
| 2000s | 8.6% | 7.1% | 9.9% | 10 |
| 2010s | 9.9% | 9.2% | 10.1% | 10 |
| 2020s | 10.8% | 10.2% | 11.2% | 3 |
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)
- Manufacturing, value added (constant LCU), per capita 4,988 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 20.41 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2926 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 928.58 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 20.41 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 10.72 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 34,008 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 7.07 % change on previous year (2025)
Frequently asked questions
- What is taxes on goods and services as share of gdp in Nicaragua?
- Taxes on goods and services as share of gdp in Nicaragua was 11.2% in 2022, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on goods and services as share of gdp recorded in Nicaragua?
- The highest recorded value was 11.2% in 2022.
- What is the lowest taxes on goods and services as share of gdp recorded in Nicaragua?
- The lowest recorded value was 7.1% in 2001.
- How does Nicaragua rank for taxes on goods and services as share of gdp?
- Nicaragua ranks 52nd out of 187 countries with data for 2022.
- Is taxes on goods and services as share of gdp rising or falling in Nicaragua?
- Over the last ten years it is up 11.3%. The long-run trend across the full record is rising.
- Where does this Nicaragua data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Taxes on goods and services as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Tax revenue on goods and services (including sales taxes, value added taxes and excise duties) divided by gross domestic product, expressed as a percentage.