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Nicaragua GDP

Nicaragua's GDP rose to $19.69 billion in 2024, up from $17.81 billion in 2023, according to World Bank. This represents an increase of 10.6% ($1.89 billion) from the previous year and accounts for 0.02% of the world's total GDP. Nicaragua has GDP lower than the global median ($19.69 billion vs median $35.85 billion). Compared with the median in Americas, Nicaragua is lower ($19.69 billion vs regional median $25.03 billion) and ranks 25th out of 44 countries in Americas.

Nicaragua's GDP per capita rose to $2,290.47 in 2024, up from $2,241.12 in 2023.

Yearly Historical Data (1960-2024)

(in Billion USD)
Year GDP (Billion USD)
2024 19.69
2023 17.81
2022 15.63
2021 14.21
2020 12.73
2019 12.7
2018 13.03
2017 13.79
2016 13.29
2015 12.76
2014 11.88
2013 10.98
2012 10.53
2011 9.77
2010 8.76
2009 8.3
2008 8.5
2007 7.42
2006 6.76
2005 6.32
2004 5.79
2003 5.32
2002 5.22
2001 5.35
2000 5.11
1999 4.86
1998 4.64
1997 4.39
1996 4.31
1995 4.14
1994 3.86
1993 1.76
1992 1.79
1991 1.49
1990 1.01
1989 1.01
1988 2.63
1987 3.85
1986 2.89
1985 2.68
1984 3.12
1983 2.75
1982 2.45
1981 2.47
1980 2.14
1979 1.57
1978 2.13
1977 2.23
1976 1.84
1975 1.58
1974 1.52
1973 1.09
1972 0.88
1971 0.83
1970 0.78
1969 0.75
1968 0.69
1967 0.66
1966 0.61
1965 0.56
1964 0.35
1963 0.3
1962 0.27
1961 0.24
1960 0.23
Nicaragua GDP : Definition
GDP measures the total value of all goods and services produced in Nicaragua, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 3.59% 4.43% 2024
GDP per Capita $2,290.47 $2,241.12 2024
GDP per Capita PPP $7,661.6 $7,496.53 2024
Real GDP $15.84B $15.29B 2024