Nicaragua 2024
Detailed economic analysis and indicators for 2024
Key Economic Indicators (2024)
GDP (Current USD)
$18.83 billion
↑ 5.63% vs 2023GDP per Capita
$2,760.06
↑ 5.63% vs 2023GDP Growth (Annual %)
5.63%
↑ 1.06pp vs 2023Inflation Rate (CPI %)
4.62%
↓ 3.76pp vs 2023Year-over-Year Comparison
| Indicator | 2023 | 2024 | Change |
|---|---|---|---|
| GDP (Current USD) | $17.83 billion | $18.83 billion | +5.63% |
| GDP per Capita | $2,612.87 | $2,760.06 | +5.63% |
| GDP Growth (Annual %) | 4.57% | 5.63% | +1.06pp |
| Inflation (CPI %) | 8.39% | 4.62% | -3.76pp |
| Unemployment Rate (%) | 4.72% | 4.57% | -0.14pp |
All Economic Indicators (2024)
National Accounts
- GDP (Current USD)
- $18.83 billion
- GDP per Capita
- $2,760.06
- GDP Growth (Annual %)
- 5.63%
- Gross National Income
- N/A
Prices & Employment
- Inflation (CPI %)
- 4.62%
- Inflation (GDP Deflator %)
- N/A
- Unemployment Rate (%)
- 4.57%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2024, Nicaragua's Gross Domestic Product (GDP) is $18.83 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Nicaragua for 2024 is $2,760.06. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Nicaragua for 2024 is 4.62%. This measures the annual percentage change in the cost of consumer goods and services.
Nicaragua's annual GDP growth rate for 2024 is 5.63%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Nicaragua for 2024 is 4.57%. This represents the percentage of the labor force that is unemployed and actively seeking employment.