Nicaragua GDP Annual Growth Rate  1995-2017 | Data | Chart | Calendar

Nicaragua’s GDP expanded by 4.3 percent in the second quarter of 2017, compared to 6.6 percent in the previous month and to 7.4 percent in the same quarter of last year. Slower growth was observed for: agriculture (10.0 percent vs 6.5 percent in Q1); manufacturing (7.3 percent vs 4.4 percent); construction (14.6 percent vs 5.1 percent); commerce (3.8 percent vs 3.0 percent); financial services (7.4 percent vs 8.3 percent); government services (6.9 percent vs 9.3 percent); real estate (0.9 percent vs 1.7 percent); and health (2.7 percent vs 4.0 percent). Meanwhile, economic activity swung to contraction for: mining (-0.9 percent vs.+ 1.3 percent) and transport & communications (-0.5 percent vs 1.8 percent). In contrast, electricity output rebounded by 6.5 percent (vs -2.2 percent) and hotels & restaurants grew further (8.7 percent vs 6.8 percent). GDP Annual Growth Rate in Nicaragua averaged 4.27 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
2017-04-11 02:30 PM GDP Growth Rate YoY 4.2% 4.7% 3.88%
2017-07-06 11:50 PM GDP Growth Rate YoY 6.6% 4.0% 5.4%
2017-10-02 10:00 PM GDP Growth Rate YoY 4.3% 6.6% 7.0%
2017-12-29 09:00 PM GDP Growth Rate YoY 4.3% 4.14%


Nicaragua GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 4.30 6.60 10.90 -6.00 percent [+]
GDP 13.23 12.75 13.23 0.22 USD Billion [+]
GDP Constant Prices 45110.70 48088.00 114481.80 28695.30 NIO Million [+]
GDP per capita 1946.40 1879.70 2565.20 1063.40 USD [+]
GDP per capita PPP 5136.80 4960.90 5136.80 2806.60 USD [+]
Gdp From Agriculture 2786.00 3502.00 3529.00 2048.00 NIO Million [+]
Gdp From Construction 1365.00 1404.00 1532.00 580.00 NIO Million [+]
Gdp From Manufacturing 7125.00 6641.00 7125.00 3458.00 NIO Million [+]
Gdp From Mining 684.00 693.00 730.00 211.00 NIO Million [+]
Gdp From Public Administration 2707.00 2706.00 2707.00 1506.00 NIO Million [+]
Gdp From Services 4971.00 6171.00 6171.00 3004.00 NIO Million [+]
Gdp From Transport 3341.00 3843.00 3915.00 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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
4.30 6.60 10.90 -6.00 1995 - 2017 percent Quarterly




gdp annual growth rate by Country

Last
China 6.80 Sep/17
India 5.70 Jun/17
Turkey 5.10 Jun/17
Indonesia 5.01 Jun/17
Canada 3.70 Jun/17
Netherlands 3.30 Jun/17
Spain 3.10 Jun/17
South Korea 2.70 Jun/17
Russia 2.50 Jun/17
Euro Area 2.30 Jun/17
United States 2.20 Jun/17
Germany 2.10 Jun/17
Australia 1.80 Jun/17
France 1.80 Jun/17
Mexico 1.80 Jun/17
Italy 1.50 Jun/17
United Kingdom 1.50 Jun/17
Japan 1.40 Jun/17
Brazil 0.30 Jun/17
Switzerland 0.30 Jun/17