Prices & public finance · Latin America & Caribbean · Lower-middle income
Nicaragua: prices, money and public finance
Inflation is 2.1% (2025), 120th of 180 in the world and 17th of 31 in Latin America & Caribbean. GDP deflator is 7.6% (2025), 35th of 209 in the world and 8th of 40 in Latin America & Caribbean. Lending rate is 9.2% (2025), 62nd of 136 in the world and 15th of 31 in Latin America & Caribbean.
Inflation
NicaraguaLatin America & CaribbeanLower-middle incomeWorld
GDP deflator
NicaraguaLatin America & CaribbeanLower-middle incomeWorld
13 indicators
Prices & public finance: Nicaragua in detail
Latest reported value, world rank and rank within Latin America & Caribbean; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 2.1%2025 | 120/180 | 17/31 | 7.1% | 5.5% | 3.7% | −1.9 ppsince 2015 | 2.1% | 3.6% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | 7.6%2025 | 35/209 | 8/40 | 8.6% | 6.1% | 6.3% | ±0.0 ppsince 2015 | 3.4% | 5.0% | 3.3% | |
| Lending rateLending interest rate, % | 9.2%2025 | 62/136 | 15/31 | 18.1% | 13.3% | 11.2% | −2.9 ppsince 2015 | — | — | — | |
| Real interest rateReal interest rate, % | 1.4%2025 | 105/136 | 27/31 | 8.8% | 6.8% | 4.6% | −2.7 ppsince 2015 | — | — | — | |
| Exchange rateOfficial exchange rate, local currency per US$ | 36.622025 | 85/210 | 12/39 | 12.68 | 21.36 | 34.34 | +34%since 2015 | — | — | — | |
| Tax revenueTax revenue, % of GDP | 20.1%2024 | 48/142 | 3/20 | 10.6% | 13.7% | 17.0% | +4.8 ppsince 2014 | 14.7% | 12.1% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 21.5%2024 | 89/142 | 12/20 | 11.6% | 14.7% | 18.5% | +5.1 ppsince 2014 | 22.8% | 14.2% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 16.3%2023 | 118/142 | 19/20 | 12.7% | 15.0% | 16.4% | +1.2 ppsince 2013 | 27.6% | 15.7% | 28.5% | |
| External debtExternal debt stocks, % of GNI | 82.8%2024 | 16/119 | 2/22 | 139.0% | 82.4% | 116.0% | −13.1 ppsince 2014 | — | 30.1% | — | |
| Private creditDomestic credit to private sector, % of GDP | 32.3%2024 | 106/169 | 26/31 | 13.7%2001 | 26.8% | 29.8% | −1.5 ppsince 2014 | 52.9% | 38.7% | 140.3% | |
| Broad moneyBroad money, % of GDP | 39.3%2022 | 109/146 | 28/31 | 30.1% | 34.2% | 39.8% | +5.8 ppsince 2012 | 72.6% | 67.4% | 135.7% | |
| Reserves, months of importsTotal reserves in months of imports | 5.72024 | 52/165 | 9/32 | 2.5 | 3.9 | 5.7 | +63%since 2014 | 6.6 | 7.7 | 8.6 | |
| Military spendingMilitary expenditure, % of GDP | 0.56%2025 | 140/156 | 17/22 | 0.78% | 0.51% | 0.63% | −0.2 ppsince 2015 | 1.07% | 1.92% | 2.48% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- Inflation−1.9 pp2.1% in 2025
- External debt−13.1 pp82.8% in 2024
- Reserves, months of imports+63%5.7 in 2024
Worse than ten years ago
No rated indicator got worse over the decade.
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Nicaragua and its neighbours
Countries sharing a land border with Nicaragua. Latest values since 2005; the highest in each row is marked.
| Indicator | Nicaragua | Colombia | Honduras | Costa Rica |
|---|---|---|---|---|
| Inflation | 2.1%2025 | 5.1%2025 | 4.6%2025 | -0.1%2025 |
| GDP deflator | 7.6%2025 | 5.4%2025 | 8.0%2025 | -0.5%2025 |
| Lending rate | 9.2%2025 | 14.3%2025 | 18.6%2025 | 6.9%2025 |
| Real interest rate | 1.4%2025 | 8.4%2025 | 9.8%2025 | 7.5%2025 |
| Exchange rate | 36.622025 | 4,053.142025 | 25.952025 | 503.502025 |
| Tax revenue | 20.1%2024 | 15.2%2024 | 15.1%2020 | 13.5%2024 |
| Government revenue | 21.5%2024 | 25.8%2024 | 22.2%2020 | 27.4%2024 |
| Government expense | 16.3%2023 | 33.3%2023 | 24.4%2020 | 28.6%2023 |
| External debt | 82.8%2024 | 49.2%2024 | 41.8%2024 | — |