GDP Growth Rate
Year -
4.57%
In 2023, Nicaragua experienced a significant an increase in its GDP growth rate, which rise to 4.57% from 3.75% in 2022. Additionally, the GDP per capita growth rate in Nicaragua increase to 3.12% in 2023, compared to 2.29% in 2022.
In 2023, Nicaragua experienced a increase in economic performance, with the GDP growth rate rising by 0.82%. Additionally, the GDP per capita growth rate increase by 0.83%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | 7.5% | 7.50% | 4.3% | 4.30% |
| 1962 | 10.89% | 3.39% | 7.58% | 3.28% |
| 1963 | 10.87% | -0.02% | 7.55% | -0.03% |
| 1964 | 11.7% | 0.83% | 8.34% | 0.79% |
| 1965 | 9.53% | -2.17% | 6.21% | -2.13% |
| 1966 | 3.3% | -6.23% | 0.13% | -6.08% |
| 1967 | 6.97% | 3.67% | 3.64% | 3.51% |
| 1968 | 1.34% | -5.63% | -1.85% | -5.49% |
| 1969 | 6.24% | 4.90% | 2.86% | 4.71% |
| 1970 | 1.35% | -4.89% | -1.89% | -4.75% |
| 1971 | 3.3% | 1.95% | 0% | 1.89% |
| 1972 | 2.22% | -1.08% | -0.83% | -0.83% |
| 1973 | 6.42% | 4.20% | 3.26% | 4.09% |
| 1974 | 14.19% | 7.77% | 10.63% | 7.37% |
| 1975 | -0.15% | -14.34% | -3.24% | -13.87% |
| 1976 | 5.21% | 5.36% | 2% | 5.24% |
| 1977 | 8.37% | 3.16% | 5.12% | 3.12% |
| 1978 | -7.84% | -16.21% | -10.49% | -15.61% |
| 1979 | -26.48% | -18.64% | -28.44% | -17.95% |
| 1980 | 4.61% | 31.09% | 1.79% | 30.23% |
| 1981 | 5.36% | 0.75% | 2.44% | 0.65% |
| 1982 | -0.82% | -6.18% | -3.49% | -5.93% |
| 1983 | 4.61% | 5.43% | 1.91% | 5.40% |
| 1984 | -1.57% | -6.18% | -3.97% | -5.88% |
| 1985 | -4.08% | -2.51% | -6.34% | -2.37% |
| 1986 | -1.02% | 3.06% | -3.3% | 3.04% |
| 1987 | -0.71% | 0.31% | -2.96% | 0.34% |
| 1988 | -12.45% | -11.74% | -14.44% | -11.48% |
| 1989 | -1.74% | 10.71% | -4.03% | 10.41% |
| 1990 | -0.05% | 1.69% | -2.38% | 1.65% |
| 1991 | -0.19% | -0.14% | -2.48% | -0.10% |
| 1992 | 0.39% | 0.58% | -1.88% | 0.60% |
| 1993 | -0.39% | -0.78% | -2.58% | -0.70% |
| 1994 | 3.34% | 3.73% | 1.14% | 3.72% |
| 1995 | 5.91% | 2.57% | 3.74% | 2.60% |
| 1996 | 6.34% | 0.43% | 4.35% | 0.61% |
| 1997 | 3.97% | -2.37% | 2.19% | -2.16% |
| 1998 | 3.71% | -0.26% | 2.07% | -0.12% |
| 1999 | 7.04% | 3.33% | 5.44% | 3.37% |
| 2000 | 4.1% | -2.94% | 2.61% | -2.83% |
| 2001 | 2.96% | -1.14% | 1.58% | -1.03% |
| 2002 | 0.75% | -2.21% | -0.52% | -2.10% |
| 2003 | 2.52% | 1.77% | 1.29% | 1.81% |
| 2004 | 5.31% | 2.79% | 4.08% | 2.79% |
| 2005 | 4.28% | -1.03% | 2.97% | -1.11% |
| 2006 | 4.15% | -0.13% | 2.74% | -0.23% |
| 2007 | 5.08% | 0.93% | 3.62% | 0.88% |
| 2008 | 3.43% | -1.65% | 1.97% | -1.65% |
| 2009 | -3.29% | -6.72% | -4.68% | -6.65% |
| 2010 | 4.41% | 7.70% | 2.89% | 7.57% |
| 2011 | 6.32% | 1.91% | 4.76% | 1.87% |
| 2012 | 6.5% | 0.18% | 4.94% | 0.18% |
| 2013 | 4.93% | -1.57% | 3.4% | -1.54% |
| 2014 | 4.79% | -0.14% | 3.28% | -0.12% |
| 2015 | 4.79% | 0.00% | 3.3% | 0.02% |
| 2016 | 4.56% | -0.23% | 3.08% | -0.22% |
| 2017 | 4.63% | 0.07% | 3.16% | 0.08% |
| 2018 | -3.36% | -7.99% | -4.71% | -7.87% |
| 2019 | -2.9% | 0.46% | -4.23% | 0.48% |
| 2020 | -1.76% | 1.14% | -3.09% | 1.14% |
| 2021 | 10.32% | 12.08% | 8.79% | 11.88% |
| 2022 | 3.75% | -6.57% | 2.29% | -6.50% |
| 2023 | 4.57% | 0.82% | 3.12% | 0.83% |