Nicaragua GDP Annual Growth Rate  1995-2018 | Data | Chart | Calendar

Nicaragua's economy advanced 4.3 percent year-on-year in the fourth quarter of 2018, up from a 3.2 percent rise in the previous period. Stronger growth was recorded in: agriculture (19.4 percent vs 4.6 percent in Q3); fishing (26.6 percent vs 14.4 percent); manufacturing (5.4 percent vs 3.6 percent); internal trade (5.8 percent vs 3.4 percent); hotels and restaurants (7.2 percent vs 4.9 percent); transportation (6.8 percent vs 0.8 percent) and financial services and related (6.1 percent vs 5.7 percent). In addition, output rebounded for forestry and timber extraction (3.5 percent vs -2.6 percent) and construction (0.1 percent vs -1.1 percent). Conversely, the mining sector contracted (-18.3 percent vs -21.3 percent). GDP Annual Growth Rate in Nicaragua averaged 4.26 percent from 1995 until 2017, reaching an all time high of 10.90 percent in the fourth quarter of 1999 and a record low of -6 percent in the second quarter of 2009.

Nicaragua GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-10-02 10:00 PM GDP Growth Rate YoY 4.3% 6.6% 7.0%
2018-02-05 02:40 PM GDP Growth Rate YoY 3.2% 4.2% 4.1%
2018-04-06 01:30 PM GDP Growth Rate YoY 4.3% 3.2% 4.3%
2018-07-19 11:00 PM GDP Growth Rate YoY 4.3% 4.5%
2018-09-28 10:00 PM GDP Growth Rate YoY 3.4%
2018-12-28 09:00 PM GDP Growth Rate YoY 2.7%


Nicaragua GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 4.30 3.20 10.90 -6.00 percent [+]
GDP 13.81 13.18 13.81 0.22 USD Billion [+]
GDP Constant Prices 50307.10 46066.50 114481.80 28696.40 NIO Million [+]
GDP per capita 2016.32 1944.00 2565.23 1063.43 USD [+]
GDP per capita PPP 5321.44 5130.60 5321.44 2806.60 USD [+]
Gross Fixed Capital Formation 15707.80 14251.00 15930.30 5876.40 NIO Million [+]
Gdp From Agriculture 4163.00 3361.00 4163.00 2048.00 NIO Million [+]
Gdp From Construction 1425.00 1286.00 1532.00 580.00 NIO Million [+]
Gdp From Manufacturing 6883.00 6520.00 7060.00 3458.00 NIO Million [+]
Gdp From Mining 562.00 554.00 730.00 211.00 NIO Million [+]
Gdp From Public Administration 2744.00 2736.00 2744.00 1506.00 NIO Million [+]
Gdp From Services 6526.00 5085.00 6526.00 3004.00 NIO Million [+]
Gdp From Transport 4087.00 3767.00 4087.00 1706.00 NIO Million [+]


Nicaragua GDP Annual Growth Rate

Nicaragua has the lowest GDP per capita in Central America. Nicaragua is an agricultural economy with 50 percent of population living under poverty line. The textile and apparel industry is responsible for most of the recent investment in the country. Tourism accounting already for 17 percent of GDP has been steadily growing in recent years. This page provides - Nicaragua GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nicaragua GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.30 3.20 10.90 -6.00 1995 - 2017 percent Quarterly




GDP annual growth rate by Country
Country Last
India 7.70 Mar/18
Turkey 7.40 Mar/18
China 6.70 Jun/18
Indonesia 5.06 Mar/18
Australia 3.10 Mar/18
Spain 3.00 Mar/18
Netherlands 2.80 Mar/18
South Korea 2.80 Mar/18
United States 2.80 Mar/18
Euro Area 2.50 Mar/18
Canada 2.30 Mar/18
Germany 2.30 Mar/18
France 2.20 Mar/18
Switzerland 2.20 Mar/18
Italy 1.40 Mar/18
Mexico 1.30 Mar/18
Russia 1.30 Mar/18
Brazil 1.20 Mar/18
United Kingdom 1.20 Mar/18
Japan 1.10 Mar/18


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