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

Nicaragua's economy expanded 4.2 percent year-on-year in the last three months of 2016, slowing from an upwardly revised 4.7 percent growth in the previous period. It is the lowest growth in three quarters, mainly due to a slowdown in trade (3.6 percent from 4.4 percent in Q3), real estate (1.6 percent from 3.6 percent), livestock (9.5 percent from 12.9 percent) and mining (3.8 percent from 20.7 percent) and a 7 percent slump in construction (from 3.9 percent). In contrast, production rose faster in manufacturing (3 percent from a flat reading), transportation (5.3 percent from 4.5 percent) and agriculture (6.7 percent from 3.6 percent). GDP Annual Growth Rate in Nicaragua averaged 4.10 percent from 1995 until 2016, reaching an all time high of 10.90 percent in the fourth quarter of 1999 and a record low of -5.10 percent in the second quarter of 2009.

Nicaragua GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus Forecast (i)
2016-10-13 07:00 PM Q2 5.3% 4% 3.9%
2017-01-13 02:05 PM Q3 4.3% 5.2% 4.7%
2017-04-11 02:30 PM Q4 4.2% 4.7% 3.88%
2017-06-30 04:30 PM Q1 4.2% 5.4%
2017-09-29 07:00 PM Q2 3.8%
2017-12-29 09:00 PM Q4 4.46%




Nicaragua GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 4.20 4.70 10.90 -5.10 percent [+]
GDP 12.69 11.79 12.69 0.22 USD Billion [+]
GDP Constant Prices 178234.60 166686.80 178234.60 72432.50 NIO Million [+]
GDP per capita 1849.03 1782.13 2577.00 1068.31 USD [+]
GDP per capita PPP 4884.15 4707.45 4884.15 2821.91 USD [+]


Nicaragua GDP Annual Growth Rate Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
4.20 4.70 10.90 -5.10 1995 - 2016 percent Quarterly



gdp annual growth rate by Country

Last
China 6.90 Mar/17
India 6.10 Mar/17
Indonesia 5.01 Mar/17
Turkey 5.00 Mar/17
Netherlands 3.20 Mar/17
Spain 3.00 Mar/17
South Korea 2.90 Mar/17
Mexico 2.80 Mar/17
Canada 2.30 Mar/17
United Kingdom 2.00 Mar/17
United States 2.00 Mar/17
Euro Area 1.90 Mar/17
Australia 1.70 Mar/17
Germany 1.70 Mar/17
Japan 1.30 Mar/17
Italy 1.20 Mar/17
France 1.10 Mar/17
Switzerland 1.10 Mar/17
Russia 0.50 Mar/17
Brazil -0.40 Mar/17