Nicaragua Private Credit (% GDP)

Nicaragua's private credit (% GDP) fell to 29.73% in 2024, down from 30.01% in 2023, according to World Bank. This represents a decrease of 0.28% from the previous year. Nicaragua has private credit (% GDP) lower than the global median (29.73% vs median 39.47%). Compared with the median in Americas, Nicaragua is lower (29.73% vs regional median 48.39%) and ranks 28th out of 32 countries in Americas.

Yearly Historical Data (2001-2024)

(in %)

Year	Private Credit (% GDP)
2024	29.73%
2023	30.01%
2022	29.7%
2021	28.01%
2020	29.79%
2019	32.22%
2018	39.86%
2017	42.71%
2016	38.58%
2015	36.85%
2014	33.86%
2013	31.87%
2012	28.73%
2011	26.2%
2010	26.79%
2009	28.46%
2008	31.39%
2007	32.96%
2006	26.46%
2005	22.62%
2004	19.64%
2003	17.68%
2002	15.13%
2001	13.72%

Nicaragua Private Credit (% GDP) : Definition

Private Credit (% GDP) measures credit extended to the private sector by financial institutions during the period, expressed as a percentage of nominal GDP for Nicaragua.