Nicaragua GDP Annual Growth Rate  1995-2017 | Data | Chart | Calendar

The GDP of Nicaragua advanced 4.3 percent year-on-year in the third quarter of 2016 following a downwardly revised 5.2 percent growth in the previous period. Most sectors expanded at a slower pace: agriculture (+4.5 percent from +9.4 percent in Q2); transport and communication (+4.4 percent from +5.8 percent); trade (+4.3 percent from +6.9 percent); mining and quarrying (2.2 percent from +3.9 percent); construction (+1.3 percent from +2.6 percent) and manufacturing (+0.7 percent from +5.2 percent). In the first nine months of the year, the economy expanded 4.3 percent. GDP Annual Growth Rate in Nicaragua averaged 4.11 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.

Nicaragua GDP Annual Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-07-11 04:30 PM Q1 4.1% 6.5% 4.44%
2016-10-13 07:00 PM Q2 5.3% 4% 3.9%
2017-01-13 02:05 PM Q3 4.3% 5.2% 4.7%
2017-04-05 04:50 PM Q4 4.3% 4%
2017-06-30 04:30 PM Q1 4.62%
2017-09-29 07:00 PM Q2 4.06%




Nicaragua GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 4.30 5.20 10.90 -5.10 percent [+]
GDP 12.69 11.79 12.69 0.22 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 [+]



Nicaragua GDP Annual Growth Rate Notes

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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
4.30 5.20 10.90 -5.10 1995 - 2016 percent Quarterly



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