Nicaragua GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Nicaragua expanded 5.30 percent in the first quarter of 2014 over the same quarter of the previous year. GDP Annual Growth Rate in Nicaragua averaged 4.02 Percent from 1995 until 2014, reaching an all time high of 10.90 Percent in the fourth quarter of 1999 and a record low of -5.60 Percent in the first quarter of 2009. GDP Annual Growth Rate in Nicaragua is reported by the Banco Central de Nicaragua.
||1995 - 2014
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.