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Economy of Nicaragua. Statistics, Data and Indicators

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Nicaragua
N/AN/A Credit rank #
N/A Quality of life #
167 Corruption rank#143
142 Ease of doing business#118
Nicaragua


Nicaragua Major Economic Indicators

Indicator Data Period
GDP Value 15.67 USD Billion 2022
GDP Annual Growth Rate 4 % 2Q/23
GDP per capita 2120 USD 2022
Inflation Rate YoY 7.46 % Aug/23
Unemployment Rate 3.3 % 2Q/23
Wages 11.87 NIO Thousands/Month | 324.932 USD/Month Jun/23
Balance of Trade -179 USD Million | -0.179 B USD Jun/23
Current Account 507 USD Million | 0.507 B USD 1Q/23
Foreign Exchange Reserves 4743 USD Million | 4.743 B USD Aug/23
Government Debt 366036 NIO Million | 10.02 B USD Jul/23


GDP Indicators

Indicator Data Period
GDP Value 15.67 USD Billion 2022
GDP Annual Growth Rate 4 % 2Q/23
GDP per capita 2120 USD 2022
GDP Constant Prices 50099 NIO Million | 1.371 B USD 2Q/23
GDP per capita PPP 5822 USD 2022
GDP From Agriculture  3898 NIO Million | 0.107 B USD 2Q/23
GDP From Construction  1165 NIO Million | 0.032 B USD 2Q/23
GDP From Manufacturing  7251 NIO Million | 0.198 B USD 2Q/23
GDP From Mining  1257 NIO Million | 0.034 B USD 2Q/23
GDP From Public Administration  2864 NIO Million | 0.078 B USD 2Q/23
GDP From Services  6803 NIO Million | 0.186 B USD 2Q/23
GDP From Transport  4026 NIO Million | 0.11 B USD 2Q/23


Budget Indicators

Indicator Data Period
Government Debt to GDP 60.4 % 2022
Government Budget Value 985 NIO Million | 0.027 B USD Jul/23
Government Spending 17103 NIO Million | 0.468 B USD 2022
Government Debt 366036 NIO Million | 10.02 B USD Jul/23
Government Revenues 10975 NIO Million | 0.3 B USD Jul/23
Fiscal Expenditure  8863 NIO Million | 0.243 B USD Jul/23
Government Budget to GDP 0.8 % 2022
Military Expenditure 84.2 USD Million | 0.084 B USD 2022


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 297 Index Points Aug/23
Food Inflation 9.02 % Aug/23
Gasoline Prices 1.32 USD/Liter Sep/23
Inflation Rate YoY 7.46 % Aug/23
Producer Prices 256 Index Points Apr/19
Inflation Rate Mom 0.2 % Aug/23
Core Consumer Prices 275 Index Points Aug/23
Core Inflation Rate 6.78 % Aug/23
CPI Housing Utilities 249 Index Points Aug/23
CPI Transportation 254 Index Points Aug/23
Producer Prices Change  0.8 % Apr/19


Trade Indicators

Indicator Data Period
Current Account to GDP -1.4 % 2022
Balance of Trade -179 USD Million | -0.179 B USD Jun/23
Capital Flows 43.3 USD Million | 43300 B USD 1Q/23
Current Account 507 USD Million | 0.507 B USD 1Q/23
Exports 668 USD Million | 0.668 B USD Jun/23
External Debt 14452 USD Million | 14.452 B USD 3Q/22
Foreign Exchange Reserves 4743 USD Million | 4.743 B USD Aug/23
Imports 847 USD Million | 0.847 B USD Jun/23


Money Indicators

Indicator Data Period
Money Supply M1 91465 NIO Million | 2.504 B USD Jun/23
Money Supply M2 182566 NIO Million | 4.998 B USD Jun/23
Money Supply M3 183839 NIO Million | 5.032 B USD Jun/23
Deposit Interest Rate 1.17 % 2022
Foreign Direct Investment -370 USD Million | -0.37 B USD 1Q/23


Labor Indicators

Indicator Data Period
Unemployment Rate 3.3 % 2Q/23
Wages 11.87 NIO Thousands/Month | 324.932 USD/Month Jun/23
Living Wage Family 7510 NIO/Month | 222.243 USD/Month 2018
Living Wage Individual 4680 NIO/Month | 138.495 USD/Month 2018
Wages High Skilled 13600 NIO/Month | 402.465 USD/Month 2018
Wages Low Skilled  5400 NIO/Month | 159.802 USD/Month 2018


Taxes

Indicator Data Period
Corporate Tax Rate 30 % 2023
Personal Income Tax Rate 30 % 2023
Sales Tax Rate 15 % 2023


Production Indicators

Indicator Data Period
Electricity Production 397 GWh Jul/23


Business Indicators

Indicator Data Period
Corruption Index 19 Index Points 2022
Corruption Rank 167 place 2022
Ease of Doing Business 142 place 2019
Competitiveness Index 51.52 Index Points 2019
Competitiveness Rank 109 2019
Leading Economic Index  2.95 % Jun/23


Consumer Indicators

Indicator Data Period
Consumer Spending 167926 NIO Million | 4.597 B USD 2022