Nicaragua Annual GDP Growth Table
Source: WorldbankGrowth | Growth Capita
In 2024, Nicaragua experienced a significant a decrease in its GDP growth rate, which fall to 3.588% from 4.428% in 2023. Additionally, the GDP per capita growth rate in Nicaragua decrease to 2.202% in 2024, compared to 3.005% in 2023.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | 7.498% | 7.50% | 4.332% | 4.33% |
| 1962 | 10.891% | 3.39% | 7.617% | 3.29% |
| 1963 | 10.865% | -0.03% | 7.577% | -0.04% |
| 1964 | 11.698% | 0.83% | 8.364% | 0.79% |
| 1965 | 9.525% | -2.17% | 6.222% | -2.14% |
| 1966 | 3.301% | -6.22% | 0.154% | -6.07% |
| 1967 | 6.97% | 3.67% | 3.684% | 3.53% |
| 1968 | 1.343% | -5.63% | -1.786% | -5.47% |
| 1969 | 6.238% | 4.90% | 2.955% | 4.74% |
| 1970 | 1.354% | -4.88% | -1.769% | -4.72% |
| 1971 | 3.305% | 1.95% | 0.133% | 1.90% |
| 1972 | 2.221% | -1.08% | -0.709% | -0.84% |
| 1973 | 6.417% | 4.20% | 3.376% | 4.09% |
| 1974 | 14.192% | 7.78% | 10.732% | 7.36% |
| 1975 | -0.153% | -14.35% | -3.161% | -13.89% |
| 1976 | 5.209% | 5.36% | 2.061% | 5.22% |
| 1977 | 8.368% | 3.16% | 5.157% | 3.10% |
| 1978 | -7.839% | -16.21% | -10.465% | -15.62% |
| 1979 | -26.479% | -18.64% | -28.435% | -17.97% |
| 1980 | 4.612% | 31.09% | 1.785% | 30.22% |
| 1981 | 5.363% | 0.75% | 2.426% | 0.64% |
| 1982 | -0.816% | -6.18% | -3.501% | -5.93% |
| 1983 | 4.613% | 5.43% | 1.901% | 5.40% |
| 1984 | -1.566% | -6.18% | -3.982% | -5.88% |
| 1985 | -4.082% | -2.52% | -6.343% | -2.36% |
| 1986 | -1.017% | 3.07% | -3.305% | 3.04% |
| 1987 | -0.706% | 0.31% | -2.957% | 0.35% |
| 1988 | -12.45% | -11.74% | -14.437% | -11.48% |
| 1989 | -1.738% | 10.71% | -4.013% | 10.42% |
| 1990 | -0.052% | 1.69% | -2.36% | 1.65% |
| 1991 | -0.189% | -0.14% | -2.464% | -0.10% |
| 1992 | 0.386% | 0.58% | -1.858% | 0.61% |
| 1993 | -0.393% | -0.78% | -2.556% | -0.70% |
| 1994 | 3.338% | 3.73% | 1.167% | 3.72% |
| 1995 | 5.912% | 2.57% | 3.776% | 2.61% |
| 1996 | 6.344% | 0.43% | 4.387% | 0.61% |
| 1997 | 3.967% | -2.38% | 2.246% | -2.14% |
| 1998 | 3.712% | -0.26% | 2.138% | -0.11% |
| 1999 | 7.036% | 3.32% | 5.516% | 3.38% |
| 2000 | 4.102% | -2.93% | 2.679% | -2.84% |
| 2001 | 2.961% | -1.14% | 1.642% | -1.04% |
| 2002 | 0.754% | -2.21% | -0.461% | -2.10% |
| 2003 | 2.521% | 1.77% | 1.32% | 1.78% |
| 2004 | 5.312% | 2.79% | 4.075% | 2.76% |
| 2005 | 4.282% | -1.03% | 2.932% | -1.14% |
| 2006 | 4.153% | -0.13% | 2.678% | -0.25% |
| 2007 | 5.076% | 0.92% | 3.578% | 0.90% |
| 2008 | 3.436% | -1.64% | 1.964% | -1.61% |
| 2009 | -3.293% | -6.73% | -4.661% | -6.63% |
| 2010 | 4.41% | 7.70% | 2.939% | 7.60% |
| 2011 | 6.317% | 1.91% | 4.826% | 1.89% |
| 2012 | 6.496% | 0.18% | 5.012% | 0.19% |
| 2013 | 4.927% | -1.57% | 3.479% | -1.53% |
| 2014 | 4.785% | -0.14% | 3.358% | -0.12% |
| 2015 | 4.792% | 0.01% | 3.379% | 0.02% |
| 2016 | 4.563% | -0.23% | 3.167% | -0.21% |
| 2017 | 4.631% | 0.07% | 3.247% | 0.08% |
| 2018 | -3.363% | -7.99% | -4.629% | -7.88% |
| 2019 | -2.897% | 0.47% | -4.149% | 0.48% |
| 2020 | -2.237% | 0.66% | -3.452% | 0.70% |
| 2021 | 10.454% | 12.69% | 9.133% | 12.59% |
| 2022 | 3.55% | -6.90% | 2.229% | -6.90% |
| 2023 | 4.428% | 0.88% | 3.005% | 0.78% |
| 2024 | 3.588% | -0.84% | 2.202% | -0.80% |