Nicaragua GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$2,847.54

Source: world bank Nominal/PPP
Summary:

Nicaragua GDP Per Capita expanded from 1960 to 2024, increasing from $127.48 to $2,847.54 .The compound annual growth rate (CAGR) averaged 4.97% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 75.55%, indicating the largest cyclical decline from peak levels. The country experienced 8 recession episode(s) during the observed period.

Latest GDP Per Capita of Nicaragua 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 2,847.54 dollars$ 8,708.80 Int dollars
Growth (YoY)9.124%4.673%
Net Change vs Previous Year$ 238.09 dollars$ 388.82 Int dollars
% of World GDP Per Capita2.57%4.36%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Nicaragua GDP | Nicaragua GDP Growth

Nicaragua Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960127.48-----
1961132.945.464.283 %---
1962142.39.367.041 %---
1963152.4610.167.138 %---
1964172.6820.2213.262 %---
1965272.2599.5757.661 %---
196628411.754.315 %---
1967297.9513.954.911 %---
1968304.446.52.18 %---
1969319.3714.924.902 %---
1970321.321.950.61 %---
1971331.4510.143.154 %---
1972341.389.932.996 %---
1973412.5371.1520.841 %---
1974556.87144.3434.989 %---
1975561.464.590.825 %---
1976632.5771.1112.666 %---
1977744.19111.6117.644 %---
1978690.74-53.44-7.182 %---
1979495.37-195.37-28.285 %---
1980659.3163.9333.093 %---
1981739.6780.3712.191 %---
1982713.78-25.89-3.501 %---
1983779.8566.079.257 %---
1984861.4381.5810.46 %---
1985724.06-137.37-15.947 %---
1986760.5936.535.046 %---
1987992.02231.4330.428 %---
1988662.31-329.72-33.237 %---
1989249.16-413.15-62.381 %---
1990242.51-6.65-2.668 %1978.57--
1991349.51107.0144.125 %1995.0816.510.834 %
1992411.4761.9617.727 %2002.647.560.379 %
1993394.38-17.1-4.155 %1997.71-4.93-0.246 %
1994849.18454.8115.321 %2064.1766.463.327 %
1995891.7842.65.017 %2187.03122.875.952 %
1996910.8619.082.14 %2324.78137.756.298 %
1997912.761.90.208 %2417.9993.24.009 %
1998949.1636.43.988 %2497.4579.463.286 %
1999980.2231.063.273 %2672.49175.047.009 %
20001017.3137.093.784 %2806.26133.775.005 %
20011051.8734.563.397 %2916.55110.293.93 %
20021014.33-37.54-3.569 %2948.2331.681.086 %
20031021.357.020.692 %3046.1197.883.32 %
20041098.6277.277.565 %3255.49209.386.874 %
20051183.384.687.708 %3455.99200.516.159 %
20061248.1764.875.482 %3657.97201.975.844 %
20071350.38102.218.189 %3891.5233.536.384 %
20081523.68173.312.834 %4044.38152.883.928 %
20091467.08-56.6-3.715 %3879.67-164.71-4.072 %
20101526.5759.484.055 %4042.22162.554.19 %
20111679.71153.1410.032 %4324.71282.496.988 %
20121784.7104.996.25 %4507.94183.234.237 %
20131835.4450.742.843 %4710.57202.634.495 %
20141958.37122.936.698 %5067.75357.177.582 %
20152074.46116.095.928 %5448.89381.157.521 %
20162131.6957.232.759 %5882.37433.477.955 %
20172182.6150.932.389 %6225.35342.985.831 %
20182035.17-147.45-6.756 %5935.17-290.18-4.661 %
20191958.62-76.54-3.761 %5981.1145.940.774 %
20201938.45-20.17-1.03 %6274.09292.994.899 %
20212138.39199.9410.314 %7119.17845.0713.469 %
20222322.89184.58.628 %7796.69677.529.517 %
20232609.44286.5512.336 %8319.98523.296.712 %
20242847.54238.099.124 %8708.8388.824.673 %

Nicaragua Economic Phases (1960 - 2024)

From 1960 to 2024, Nicaragua economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1962–1965) indicating robust economic expansion
  • Expansion (1966–1972) indicating steady moderate growth
  • High Growth (1973–1974) indicating robust economic expansion
  • High Growth (1976–1977) indicating robust economic expansion
  • High Growth (1980–1981) indicating robust economic expansion
  • High Growth (1983–1984) indicating robust economic expansion
  • High Growth (1986–1987) indicating robust economic expansion
  • Crisis (1988–1989) indicating severe economic downturn
  • High Growth (1991–1992) indicating robust economic expansion
  • High Growth (1994–1995) indicating robust economic expansion
  • Expansion (1996–2001) indicating steady moderate growth
  • High Growth (2004–2008) indicating robust economic expansion
  • High Growth (2011–2012) indicating robust economic expansion
  • High Growth (2014–2015) indicating robust economic expansion
  • Expansion (2016–2017) indicating steady moderate growth
  • Contraction (2018–2020) indicating temporary slowdown
  • High Growth (2021–2024) indicating robust economic expansion

The most remarkable growth occurred in 1994 with an increase of 115.321%, while the largest decline was in 1989 at -62.381%.