GDP growth (annual %) (UNESCO Institute) in Nicaragua
Nicaragua: GDP growth (annual %) (UNESCO Institute) was 3.6% in 2024. ◆ Volatile
GDP growth in Nicaragua, 1970–2024
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
Nicaragua recorded 3.6% for gdp growth in 2024.
The figure is down 19.0% on the previous year and down 25.0% over ten years.
Over the whole period, gdp growth in Nicaragua peaked at 14.2% in 1974 and was at its lowest, -26.5%, in 1979.
That places Nicaragua 90th out of 212 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth (annual %) (UNESCO Institute) in Nicaragua, year by year
| Year | annual % | Change |
|---|---|---|
| 1970 | 1.4% | — |
| 1971 | 3.3% | +144.1% |
| 1972 | 2.2% | -32.8% |
| 1973 | 6.4% | +189.0% |
| 1974 | 14.2% | +121.2% |
| 1975 | -0.2% | -101.1% |
| 1976 | 5.2% | -3499.3% |
| 1977 | 8.4% | +60.6% |
| 1978 | -7.8% | -193.7% |
| 1979 | -26.5% | +237.8% |
| 1980 | 4.6% | -117.4% |
| 1981 | 5.4% | +16.3% |
| 1982 | -0.8% | -115.2% |
| 1983 | 4.6% | -665.1% |
| 1984 | -1.6% | -133.9% |
| 1985 | -4.1% | +160.6% |
| 1986 | -1.0% | -75.1% |
| 1987 | -0.7% | -30.6% |
| 1988 | -12.4% | +1662.6% |
| 1989 | -1.7% | -86.0% |
| 1990 | -0.1% | -97.0% |
| 1991 | -0.2% | +260.5% |
| 1992 | 0.4% | -304.1% |
| 1993 | -0.4% | -201.7% |
| 1994 | 3.3% | -949.4% |
| 1995 | 5.9% | +77.1% |
| 1996 | 6.3% | +7.3% |
| 1997 | 4.0% | -37.5% |
| 1998 | 3.7% | -6.4% |
| 1999 | 7.0% | +89.6% |
| 2000 | 4.1% | -41.7% |
| 2001 | 3.0% | -27.8% |
| 2002 | 0.8% | -74.5% |
| 2003 | 2.5% | +234.3% |
| 2004 | 5.3% | +110.7% |
| 2005 | 4.3% | -19.4% |
| 2006 | 4.2% | -3.0% |
| 2007 | 5.1% | +22.2% |
| 2008 | 3.4% | -32.3% |
| 2009 | -3.3% | -195.8% |
| 2010 | 4.4% | -233.9% |
| 2011 | 6.3% | +43.2% |
| 2012 | 6.5% | +2.8% |
| 2013 | 4.9% | -24.2% |
| 2014 | 4.8% | -2.9% |
| 2015 | 4.8% | +0.1% |
| 2016 | 4.6% | -4.8% |
| 2017 | 4.6% | +1.5% |
| 2018 | -3.4% | -172.6% |
| 2019 | -2.9% | -13.9% |
| 2020 | -2.2% | -22.8% |
| 2021 | 10.5% | -567.4% |
| 2022 | 3.6% | -66.0% |
| 2023 | 4.4% | +24.7% |
| 2024 | 3.6% | -19.0% |
Nicaragua compared with similar countries
- Nicaragua's 3.6% is below the median for lower middle income countries, which is 3.7%, 97% of the median. (47 countries reporting)
- Nicaragua's 3.6% is above the median for Latin America & Caribbean, which is 3.4%, 1.1× the median. (41 countries reporting)
Biggest year-on-year movements
Years where GDP growth (annual %) (UNESCO Institute) 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 |
|---|---|---|---|
| 1976 | +3499.3% | -0.2% | 5.2% |
| 1988 | -1662.6% | -0.7% | -12.4% |
| 1994 | +949.4% | -0.4% | 3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.7% | -26.5% | 14.2% | 10 |
| 1980s | -0.8% | -12.4% | 5.4% | 10 |
| 1990s | 3.0% | -0.4% | 7.0% | 10 |
| 2000s | 2.9% | -3.3% | 5.3% | 10 |
| 2010s | 3.5% | -3.4% | 6.5% | 10 |
| 2020s | 4.0% | -2.2% | 10.5% | 5 |
Countries ranked near Nicaragua
More population data for Nicaragua
- Population regions with projections, annual growth rate -0.4231 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -1.18 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.4231 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.3894 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 9,095 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 1.15 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.7708 % change on previous year (2100)
- Population growth rate -0.43 (2100)
- Population density 71.56 (2100)
- Projected population under age 5 394,954 (2100)
Frequently asked questions
- What is gdp growth in Nicaragua?
- Gdp growth in Nicaragua was 3.6% in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Nicaragua?
- The highest recorded value was 14.2% in 1974.
- What is the lowest gdp growth recorded in Nicaragua?
- The lowest recorded value was -26.5% in 1979.
- How does Nicaragua rank for gdp growth?
- Nicaragua ranks 90th out of 212 countries with data for 2024.
- Is gdp growth rising or falling in Nicaragua?
- Over the last ten years it is down 25.0%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release