Real GDP Growth: Nicaragua
Nicaragua's real gdp growth is currently 2.9% as of 2026. # Nicaragua Real GDP Growth Nicaragua's real GDP growth stands at 2.
Current (2026)
2.9%
-3.3% y/y
Peak (2021)
10.5%
Low (1988)
-12.4%
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Real GDP Growth — Nicaragua
1980 — 2026
Real GDP Growth — Nicaragua
Analysis# Nicaragua Real GDP Growth
Nicaragua's real GDP growth stands at 2.9% in 2026, reflecting modest economic expansion after volatile years. The country reached an all-time peak of 10.5% growth in 2021, following pandemic-related contraction. Since 1980, Nicaragua's economy has contracted overall by 37%, with the deepest decline occurring in 1988 at -12.4%, marking the country's structural economic challenges across four decades.
The recovery from 2020's -2.2% contraction to 2021's double-digit surge represents the most dramatic turnaround in recent data. However, subsequent years reveal a normalizing trend: growth decelerated to 3.6% in 2022-2024 and continues declining toward 2.9% by 2026. This gradual slowdown suggests Nicaragua's economy is stabilizing at moderate growth rates rather than sustaining the exceptional 2021 rebound.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 3.4% | +0.00% |
| 2029 | 3.4% | +0.00% |
| 2028 | 3.4% | +3.03% |
| 2027 | 3.3% | +13.79% |
| 2026 | 2.9% | -3.33% |
| 2025 | 3.0% | -16.67% |
| 2024 | 3.6% | -18.18% |
| 2023 | 4.4% | +22.22% |
| 2022 | 3.6% | -65.71% |
| 2021 | 10.5% | +577.27% |
| 2020 | -2.2% | +24.14% |
| 2019 | -2.9% | +14.71% |
| 2018 | -3.4% | -173.91% |
| 2017 | 4.6% | +0.00% |
| 2016 | 4.6% | -4.17% |
| 2015 | 4.8% | +0.00% |
| 2014 | 4.8% | -2.04% |
| 2013 | 4.9% | -24.62% |
| 2012 | 6.5% | +3.17% |
| 2011 | 6.3% | +43.18% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 4.4% | +233.33% |
| 2009 | -3.3% | -197.06% |
| 2008 | 3.4% | -33.33% |
| 2007 | 5.1% | +34.21% |
| 2006 | 3.8% | -9.52% |
| 2005 | 4.2% | -22.22% |
| 2004 | 5.4% | +116.00% |
| 2003 | 2.5% | +212.50% |
| 2002 | 0.8% | -73.33% |
| 2001 | 3.0% | -26.83% |
| 2000 | 4.1% | -41.43% |
| 1999 | 7.0% | +89.19% |
| 1998 | 3.7% | -7.50% |
| 1997 | 4.0% | -36.51% |
| 1996 | 6.3% | +6.78% |
| 1995 | 5.9% | +18.00% |
| 1994 | 5.0% | +1350.00% |
| 1993 | -0.4% | -200.00% |
| 1992 | 0.4% | +300.00% |
| 1991 | -0.2% | -100.00% |
| 1990 | -0.1% | +94.12% |
| 1989 | -1.7% | +86.29% |
| 1988 | -12.4% | -1671.43% |
| 1987 | -0.7% | +30.00% |
| 1986 | -1.0% | +75.61% |
| 1985 | -4.1% | -156.25% |
| 1984 | -1.6% | -134.78% |
| 1983 | 4.6% | +675.00% |
| 1982 | -0.8% | -114.81% |
| 1981 | 5.4% | +17.39% |
| 1980 | 4.6% | — |
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