Economy of Nicaragua. Statistics, Data and Indicators
Nicaragua
| N/AN/A | Credit rank # |
| N/A | Quality of life # |
| 167 | Corruption rank#143 |
| 142 | Ease of doing business#118 |
Nicaragua Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 14.01 USD Billion | 2021 |
| GDP Annual Growth Rate | 4.3 % | 2Q/22 |
| GDP per capita | 2053 USD | 2021 |
| Inflation Rate YoY | 11.59 % | Dec/22 |
| Unemployment Rate | 3.1 % | 2Q/22 |
| Wages | 11.16 NIO Thousands/Month | 306.002 USD/Month | Aug/22 |
| Balance of Trade | -276 USD Million | -0.276 B USD | Sep/22 |
| Current Account | -14.7 USD Million | -0.015 B USD | 2Q/22 |
| Foreign Exchange Reserves | 3842 USD Million | 3.842 B USD | Sep/22 |
| Government Debt | 345196 NIO Million | 9.465 B USD | Aug/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 14.01 USD Billion | 2021 |
| GDP Annual Growth Rate | 4.3 % | 2Q/22 |
| GDP per capita | 2053 USD | 2021 |
| GDP Constant Prices | 47564 NIO Million | 1.304 B USD | 2Q/22 |
| GDP per capita PPP | 5639 USD | 2021 |
| GDP From Agriculture | 3806 NIO Million | 0.104 B USD | 2Q/22 |
| GDP From Construction | 1017 NIO Million | 0.028 B USD | 2Q/22 |
| GDP From Manufacturing | 7286 NIO Million | 0.2 B USD | 2Q/22 |
| GDP From Mining | 1229 NIO Million | 0.034 B USD | 2Q/22 |
| GDP From Public Administration | 2840 NIO Million | 0.078 B USD | 2Q/22 |
| GDP From Services | 6185 NIO Million | 0.17 B USD | 2Q/22 |
| GDP From Transport | 3645 NIO Million | 0.1 B USD | 2Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 64.8 % | 2020 |
| Government Budget Value | -971 NIO Million | -0.027 B USD | Aug/22 |
| Government Spending | 17519 NIO Million | 0.48 B USD | 2021 |
| Government Debt | 345196 NIO Million | 9.465 B USD | Aug/22 |
| Government Revenues | 9683 NIO Million | 0.266 B USD | Aug/22 |
| Fiscal Expenditure | 8955 NIO Million | 0.246 B USD | Aug/22 |
| Government Budget to GDP | 1.6 % | 2021 |
| Military Expenditure | 77.9 USD Million | 0.078 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 286 Index Points | Dec/22 |
| Food Inflation | 15.9 % | Dec/22 |
| Gasoline Prices | 1.33 USD/Liter | Jan/23 |
| Inflation Rate YoY | 11.59 % | Dec/22 |
| Producer Prices | 256 Index Points | Apr/19 |
| Inflation Rate Mom | 1.61 % | Dec/22 |
| Core Consumer Prices | 262 Index Points | Dec/22 |
| Core Inflation Rate | 9.58 % | Dec/22 |
| CPI Housing Utilities | 245 Index Points | Dec/22 |
| CPI Transportation | 250 Index Points | Dec/22 |
| Producer Prices Change | 0.8 % | Apr/19 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -2.9 % | 2021 |
| Balance of Trade | -276 USD Million | -0.276 B USD | Sep/22 |
| Capital Flows | -438 USD Million | -438000 B USD | 2Q/22 |
| Current Account | -14.7 USD Million | -0.015 B USD | 2Q/22 |
| Exports | 611 USD Million | 0.611 B USD | Sep/22 |
| External Debt | 14372 USD Million | 14.372 B USD | 4Q/21 |
| Foreign Exchange Reserves | 3842 USD Million | 3.842 B USD | Sep/22 |
| Imports | 887 USD Million | 0.887 B USD | Sep/22 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Money Supply M1 | 77887 NIO Million | 2.136 B USD | Aug/22 |
| Money Supply M2 | 172528 NIO Million | 4.731 B USD | Aug/22 |
| Money Supply M3 | 173100 NIO Million | 4.746 B USD | Aug/22 |
| Deposit Interest Rate | 1.49 % | 2021 |
| Foreign Direct Investment | -329 USD Million | -0.329 B USD | 2Q/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 3.1 % | 2Q/22 |
| Wages | 11.16 NIO Thousands/Month | 306.002 USD/Month | Aug/22 |
| 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 % | 2022 |
| Personal Income Tax Rate | 30 % | 2022 |
| Sales Tax Rate | 15 % | 2022 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Electricity Production | 302 GWh | Aug/22 |
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 | 3.83 % | Sep/22 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Spending | 158383 NIO Million | 4.343 B USD | 2021 |
