Nicaragua GDP Annual Growth Rate  1995-2016 | Data | Chart | Calendar

The economy of Nicaragua expanded 4.1 percent year-on-year in the first three months of 2016 following a downwardly revised 6.5 percent growth in the previous period. Both household (+5.7 percent from +6.1 percent in Q4) and government (+5.2 percent from +8.2 percent) consumption grew at a slower pace. Also gross fixed capital formation increased less than in the previous quarter (+3.7 percent from +20.3 percent). Exports rebounded (+2.4 percent from -0.1 percent in Q4) and imports grew at a slower pace (+7.4 percent from +11.2 percent in Q4). GDP Annual Growth Rate in Nicaragua averaged 4.09 percent from 1995 until 2016, reaching an all time high of 10.90 percent in the fourth quarter of 1999 and a record low of -5.10 percent in the second quarter of 2009. GDP Annual Growth Rate in Nicaragua is reported by the Banco Central de Nicaragua.

Nicaragua GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
4.10 6.50 10.90 -5.10 1995 - 2016 percent Quarterly
Nicaragua has the lowest GDP per capita in Central America. Nicaragua is an agricultural economy with 50 percent of population living under poverty line. The textile and apparel industry is responsible for most of the recent investment in the country. Tourism accounting already for 17 percent of GDP has been steadily growing in recent years. This page provides - Nicaragua GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nicaragua GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on August of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-01-08 10:00 PM Q3 4.7% 3% 3.1%
2016-03-30 04:50 PM Q4 6.6% 5.5% 3.88%
2016-07-11 04:30 PM Q1 4.1% 6.5% 4.44%
2016-09-30 09:00 PM Q2 4.1% 5.39%
2016-12-29 09:00 PM Q3 4.75%

Nicaragua GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 4.10 6.50 10.90 -5.10 percent [+]
GDP 12.69 11.79 12.69 0.23 USD Billion [+]
GDP Constant Prices 166686.80 158340.30 166686.80 72432.50 NIO Million [+]
GDP per capita 1849.03 1782.13 2577.00 1068.31 USD [+]
GDP per capita PPP 4884.15 4707.45 4884.15 2821.91 USD [+]




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Cameroon 2.60 Dec/15
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Georgia 2.60 Mar/16
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Jamaica 0.80 Mar/16
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Portugal 0.80 Jun/16
Nepal 0.77 Dec/15
Italy 0.70 Jun/16
Norway 0.70 Mar/16
Switzerland 0.70 Mar/16
Taiwan 0.70 Jun/16
Estonia 0.60 Jun/16
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