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 (2015–2024)
+3.59%annual growth
Chart data: 2015: 12,756,696,261.068 USD, 2016: 13,286,093,388.475 USD, 2017: 13,785,893,007.477 USD, 2018: 13,025,221,974.232 USD, 2019: 12,699,023,614.245 USD, 2020: 12,726,422,432.487 USD, 2021: 14,209,020,361.851 USD, 2022: 15,634,572,502.229 USD, 2023: 17,805,842,283.873 USD, 2024: 19,693,982,967.593 USD
Demographics
6.9M
Population
+1.36%annual growth
Labor Market
4.57%
Unemployment Rate
-0.14ppannual change
Verified: Nov 2025
Economics
+4.62%
Inflation Rate
-3.76ppannual change
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.
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