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Macro

Nicaragua

Latin America & Caribbean · Lower middle income · IMF WEO April 2026 · World Bank WDI

GDP▲ 12.9%
Current prices2025
22USD bn
GDP per capita▲ 12.9%
Current prices2025
3,337USD
Real GDP growth▲ 1.3 pp
Annual change2025
4.9%
Inflation▼ 2.6 pp
Average consumer prices2025
2.1%
Unemployment▼ 0.4 pp
Rate2025
2.7%
Government debt▼ 3.1 pp
General government, gross2025
34.8% of GDP
Current account▲ 4.4 pp
Balance2025
8.6% of GDP
Population■ 0.0%
Total2025
6.66million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-3.40.010.51995: 5.9%1996: 6.3%1997: 4.0%1998: 3.7%1999: 7.0%2000: 4.1%2001: 3.0%2002: 0.8%2003: 2.5%2004: 5.4%2005: 4.2%2006: 3.8%2007: 5.1%2008: 3.4%2009: -3.3%2010: 4.4%2011: 6.3%2012: 6.5%2013: 4.9%2014: 4.8%2015: 4.8%2016: 4.6%2017: 4.6%2018: -3.4%2019: -2.9%2020: -2.2%2021: 10.5%2022: 3.6%2023: 4.4%2024: 3.6%2025: 4.9%2026: 3.8% (IMF projection)2027: 3.8% (IMF projection)2028: 3.5% (IMF projection)2029: 3.5% (IMF projection)2030: 3.5% (IMF projection)2031: 3.5% (IMF projection)IMF projection19952000200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
0.019.81995: 11.1%1996: 11.7%1997: 9.2%1998: 13.0%1999: 11.2%2000: 11.5%2001: 7.4%2002: 3.8%2003: 5.3%2004: 8.5%2005: 9.6%2006: 9.1%2007: 11.1%2008: 19.8%2009: 3.7%2010: 5.5%2011: 8.1%2012: 7.2%2013: 7.1%2014: 6.0%2015: 4.0%2016: 3.5%2017: 3.9%2018: 4.9%2019: 5.4%2020: 3.7%2021: 4.9%2022: 10.5%2023: 8.4%2024: 4.6%2025: 2.1%2026: 3.5% (IMF projection)2027: 3.0% (IMF projection)2028: 3.0% (IMF projection)2029: 3.0% (IMF projection)2030: 3.0% (IMF projection)2031: 3.0% (IMF projection)IMF projection19952000200520102015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %10.53.64.43.64.93.83.83.53.53.5
Inflation, average consumer prices %4.910.58.44.62.13.53.03.03.03.0
Unemployment rate %3.73.53.43.12.72.72.72.72.72.7
GDP, current prices USD bn14161820222426283032
GDP per capita, current prices USD2,1322,3462,6732,9553,3373,5593,8094,0104,2234,447
GDP per capita, PPP Int. USD7,0987,8738,5269,0509,76510,21110,69611,11411,56412,040
General government gross debt % of GDP48.445.942.437.934.833.232.632.532.031.0
General government net lending/borrowing % of GDP-1.30.62.32.32.11.41.61.82.02.0
Current account balance % of GDP-2.8-2.98.24.28.66.45.23.82.31.2
Population million6.666.666.666.666.666.816.896.987.077.16

Government debt, % of GDP

General government gross debt
0.01102000: 95%2001: 87%2002: 110%2003: 110%2004: 84%2005: 67%2006: 51%2007: 31%2008: 26%2009: 29%2010: 30%2011: 29%2012: 28%2013: 29%2014: 29%2015: 29%2016: 31%2017: 35%2018: 39%2019: 44%2020: 49%2021: 48%2022: 46%2023: 42%2024: 38%2025: 35%2026: 33% (IMF projection)2027: 33% (IMF projection)2028: 32% (IMF projection)2029: 32% (IMF projection)2030: 31% (IMF projection)2031: 31% (IMF projection)IMF projection2000200520102015202020252030

Current account, % of GDP

Balance of payments
-18.30.08.62000: -18.3%2001: -15.4%2002: -15.0%2003: -13.3%2004: -11.9%2005: -12.4%2006: -13.1%2007: -16.3%2008: -17.1%2009: -8.5%2010: -8.9%2011: -11.9%2012: -11.7%2013: -12.6%2014: -8.0%2015: -9.9%2016: -8.5%2017: -7.2%2018: -1.8%2019: 5.9%2020: 3.8%2021: -2.8%2022: -2.9%2023: 8.2%2024: 4.2%2025: 8.6%2026: 6.4% (IMF projection)2027: 5.2% (IMF projection)2028: 3.8% (IMF projection)2029: 2.3% (IMF projection)2030: 1.2% (IMF projection)2031: -0.1% (IMF projection)IMF projection2000200520102015202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
199520.120.113.948.7
200516.121.013.649.9
201516.125.714.248.6
202514.529.312.645.2

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method2,850USD2025+49.2%
GNI, Atlas method20USD bn2025+69.5%
Exports of goods and services41.6% of GDP2025+1.5 pp
Imports of goods and services54.9% of GDP2025-3.3 pp
Life expectancy at birth75.1years2024+3.2%
Urban population59.4% of total2025+1.6 pp

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)