Nicaragua GDP Annual Growth Rate

Name: Nicaragua GDP Annual Growth Rate
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Nicaragua,GDP Annual Growth Rate,data,chart,actual,historical,values,calendar,forecast,graph,2025,2026,2027

The Gross Domestic Product (GDP) in Nicaragua expanded 6.10 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Nicaragua averaged 3.78 percent from 1995 until 2026, reaching an all time high of 18.50 percent in the second quarter of 2021 and a record low of -9.10 percent in the first quarter of 2019. source: Banco Central de Nicaragua

GDP Annual Growth Rate in Nicaragua is expected to be 2.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nicaragua GDP Annual Growth Rate is projected to trend around 2.90 percent in 2027 and 3.60 percent in 2028, according to our econometric models.

Related	Last	Previous	Unit	Reference
GDP Growth Rate YoY	6.10	5.90	percent	Mar 2026
GDP Constant Prices	56497.30	58932.00	NIO Million	Mar 2026
GDP from Agriculture	3145.00	3884.00	NIO Million	Mar 2026
GDP from Construction	1502.00	2149.00	NIO Million	Mar 2026
GDP from Manufacturing	8662.00	8855.00	NIO Million	Mar 2026
GDP from Mining	1532.00	1397.00	NIO Million	Mar 2026
GDP from Public Administration	2713.00	2745.00	NIO Million	Mar 2026
GDP from Services	8410.00	8065.00	NIO Million	Mar 2026
GDP from Transport	3757.00	5269.00	NIO Million	Mar 2026
Gross Fixed Capital Formation	17863.00	20391.00	NIO Million	Mar 2026

The biggest sector of Nicaragua's economy is services (61 percent of GDP), including internal trade (13 percent); transport and communications (9 percent); real estate activities (7 percent) and public administration (7 percent). Industry contributes to 23 percent of GDP with manufacturing (16 percent) and construction (3 percent) accounting for the largest share. The agriculture, livestock, forestry and fishing sector creates 16 percent of the wealth, mainly in agriculture (8 percent) and livestock (6 percent). On the expenditure side, household consumption is the main component of GDP (79 percent), followed by gross fixed capital formation (32 percent) and government spending (15 percent). Exports of goods and services represent 42 percent of GDP while imports account for 68 percent, subtracting 26 percent of total GDP.