Total debt service in Nicaragua
Nicaragua: Total debt service was 9.7% in 2024. ◆ Volatile
Total debt service in Nicaragua, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for total debt service in Nicaragua is 9.7%, measured in 2024.
Compared with earlier readings it is down 6.9% on the previous year and down 62.3% over ten years.
Over the whole period, total debt service in Nicaragua peaked at 47.1% in 1991 and was at its lowest, 1.6%, in 1986.
That places Nicaragua 18th out of 122 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total debt service in Nicaragua, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 5.5% | — |
| 1971 | 4.5% | -17.4% |
| 1972 | 5.3% | +17.3% |
| 1973 | 8.3% | +55.3% |
| 1974 | 4.4% | -46.9% |
| 1975 | 4.7% | +8.0% |
| 1976 | 5.3% | +11.8% |
| 1977 | 5.5% | +3.3% |
| 1978 | 5.8% | +5.9% |
| 1979 | 4.6% | -20.0% |
| 1980 | 6.0% | +30.0% |
| 1981 | 10.1% | +67.2% |
| 1982 | 9.1% | -9.9% |
| 1983 | 4.3% | -52.5% |
| 1984 | 3.1% | -29.0% |
| 1985 | 3.0% | -2.6% |
| 1986 | 1.6% | -47.6% |
| 1987 | 1.9% | +22.9% |
| 1988 | 1.6% | -15.8% |
| 1989 | 2.4% | +46.8% |
| 1990 | 2.0% | -13.9% |
| 1991 | 47.1% | +2201.4% |
| 1992 | 8.7% | -81.5% |
| 1993 | 10.3% | +18.4% |
| 1994 | 6.2% | -40.1% |
| 1995 | 7.7% | +24.3% |
| 1996 | 5.5% | -28.0% |
| 1997 | 8.0% | +43.7% |
| 1998 | 5.8% | -27.6% |
| 1999 | 4.1% | -29.4% |
| 2000 | 5.9% | +45.0% |
| 2001 | 6.6% | +12.8% |
| 2002 | 3.1% | -52.9% |
| 2003 | 3.8% | +20.9% |
| 2004 | 2.4% | -37.7% |
| 2005 | 2.8% | +19.6% |
| 2006 | 2.6% | -9.0% |
| 2007 | 5.5% | +115.9% |
| 2008 | 5.2% | -6.3% |
| 2009 | 5.8% | +12.1% |
| 2010 | 6.7% | +15.9% |
| 2011 | 7.7% | +13.9% |
| 2012 | 21.2% | +175.5% |
| 2013 | 21.7% | +2.5% |
| 2014 | 25.8% | +19.1% |
| 2015 | 12.8% | -50.4% |
| 2016 | 14.8% | +15.3% |
| 2017 | 20.1% | +36.0% |
| 2018 | 17.6% | -12.6% |
| 2019 | 14.8% | -15.7% |
| 2020 | 15.1% | +2.1% |
| 2021 | 12.0% | -20.9% |
| 2022 | 13.1% | +9.7% |
| 2023 | 10.5% | -20.3% |
| 2024 | 9.7% | -6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.4% | 4.4% | 8.3% | 10 |
| 1980s | 4.3% | 1.6% | 10.1% | 10 |
| 1990s | 10.5% | 2.0% | 47.1% | 10 |
| 2000s | 4.4% | 2.4% | 6.6% | 10 |
| 2010s | 16.3% | 6.7% | 25.8% | 10 |
| 2020s | 12.1% | 9.7% | 15.1% | 5 |
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)
- Gross capital formation (current US$), annual growth rate 17.51 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2576 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 817.4 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 17.52 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 9.43 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 29,937 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 17.13 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2426 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is total debt service in Nicaragua?
- Total debt service in Nicaragua was 9.7% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Nicaragua?
- The highest recorded value was 47.1% in 1991.
- What is the lowest total debt service recorded in Nicaragua?
- The lowest recorded value was 1.6% in 1986.
- How does Nicaragua rank for total debt service?
- Nicaragua ranks 18th out of 122 countries with data for 2024.
- Is total debt service rising or falling in Nicaragua?
- Over the last ten years it is down 62.3%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.