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

The economy of Nicaragua advanced 4.7 percent year-on-year in the three months to September 2015, compared to a downwardly revised 3 percent expansion in the previous quarter and hitting its highest growth rate in 2015. Agriculture production advanced 13.2 percent (from -3.6 percent in Q2); trade grew 5.3 percent (from +4.3 percent); and construction sector expanded 28.5 percent (from +22.2 percent). By contrast, manufacturing shrank for the third consecutive quarter by 1 percent (from -2.9 percent in Q2) and mining and quarrying shrank for the fifth straight period by 15.9 percent (from -12.9 percent). In the first three quarters of 2015, the economy advanced 4.1 percent compared to the same period of 2014. GDP Annual Growth Rate in Nicaragua averaged 4.04 percent from 1995 until 2015, reaching an all time high of 10.90 percent in the fourth quarter of 1999 and a record low of -5 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
4.70 3.20 10.90 -5.00 1995 - 2015 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 February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-04-01 12:00 AM Q4 3.6% 4.1%(R) 3.8%
2015-07-14 05:25 PM Q1 3.3% 3.8%(R) 3.48%
2016-01-08 10:00 PM Q3 4.7% 3% 3.1%
2016-03-31 11:00 PM Q4 4.7% 3.88%
2016-06-30 04:25 PM Q1 3.77%
2016-09-30 04:45 PM Q2 4.43%

Nicaragua GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 4.70 3.20 10.90 -5.00 percent [+]
GDP 11.81 10.85 11.81 0.23 USD Billion [+]
GDP Constant Prices 158340.30 151228.40 158340.30 72432.50 NIO Million [+]
GDP per capita 1417.19 1373.31 2108.44 869.66 USD [+]
GDP per capita PPP 4573.98 4432.33 4573.98 2806.82 USD [+]




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