Latin America & Caribbean

🇳🇮 Nicaragua

Real-time economic and demographic statistics for Nicaragua

GDP

#135

of 214

Population

#110

of 217

GDP per Capita

#166

of 214

GDP Growth

#137

of 214

Share of World

0.02%

of world GDP

Income Level

Lower middle income

Nicaragua GDP
+3.59%annual growth

Data year: 2024

Verified: Nov 2025

Nicaragua GDP (2015–2024)

+3.59%annual growth

Demographics
6.9M

Population

+1.36%annual growth

Data year: 2024

Verified: Nov 2025

Economics
$2,848

GDP per Capita

+9.12%annual growth

Data year: 2024

Verified: Nov 2025

Economics
+3.59%

GDP Growth Rate

-0.84ppannual change

Data year: 2024

Verified: Nov 2025

Labor Market
4.57%

Unemployment Rate

-0.14ppannual change
Economics
+4.62%

Inflation Rate

-3.76ppannual change

Data year: 2024

Verified: Nov 2025

Frequently Asked Questions

What is Nicaragua's GDP?
Nicaragua's GDP is approximately $19.7 billion (2024, representing 0.0% of world GDP), making it the #135 largest economy out of 214 countries. Data sourced from the World Bank.
What is Nicaragua's population?
Nicaragua has a population of approximately 6.9M — the #110 most populous country in the world. Population data is collected annually by the World Bank from national statistical agencies.
What is Nicaragua's GDP per capita?
Nicaragua's GDP per capita is approximately $2,848, ranking #166 globally. This metric reflects average economic output per person and is a key indicator of living standards.
How fast is Nicaragua's economy growing?
Nicaragua's economy is currently growing at approximately 3.6% per year, ranking #137 globally by GDP growth rate. Data sourced from the World Bank.
What region is Nicaragua in?
Nicaragua is located in the Latin America & Caribbean region and is classified as a lower middle income economy by the World Bank. This classification is based on gross national income (GNI) per capita.