Inflation Rate (CPI): Nicaragua
Nicaragua's inflation rate (cpi) is currently 2.7% as of 2026. # Nicaragua Inflation Rate (CPI) Nicaragua's inflation rate stands at 2.
Current (2026)
2.7%
+35.0% y/y
Peak (1987)
13109.5%
Low (2025)
2.0%
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Inflation Rate (CPI) — Nicaragua
1980 — 2026
Inflation Rate (CPI) — Nicaragua
Analysis# Nicaragua Inflation Rate (CPI)
Nicaragua's inflation rate stands at 2.7% in 2026, reflecting a dramatic stabilization from its catastrophic past. The country experienced one of history's most severe hyperinflation episodes, peaking at 13,109.5% in 1987 during its civil war period. Since 1980, inflation has declined 92.3%, demonstrating a structural transformation in monetary stability. Current levels now approach the all-time low of 2% recorded in 2025, placing Nicaragua among Latin America's more stable inflation environments.
The 2022 spike to 10.5% marked a temporary disruption amid global supply chain pressures and regional commodity shocks, yet the subsequent decline through 2024-2025 signals successful monetary policy management. The trajectory from 4.6% in 2024 to 2% in 2025 and 2.7% in 2026 suggests Nicaragua has achieved sustained low-single-digit inflation, a stark contrast to the hyperinflationary 1980s and positioning the country for continued price stability.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 2.7% | +0.00% |
| 2029 | 2.7% | +0.00% |
| 2028 | 2.7% | +0.00% |
| 2027 | 2.7% | +0.00% |
| 2026 | 2.7% | +35.00% |
| 2025 | 2.0% | -56.52% |
| 2024 | 4.6% | -45.24% |
| 2023 | 8.4% | -20.00% |
| 2022 | 10.5% | +114.29% |
| 2021 | 4.9% | +32.43% |
| 2020 | 3.7% | -31.48% |
| 2019 | 5.4% | +10.20% |
| 2018 | 4.9% | +25.64% |
| 2017 | 3.9% | +11.43% |
| 2016 | 3.5% | -12.50% |
| 2015 | 4.0% | -33.33% |
| 2014 | 6.0% | -15.49% |
| 2013 | 7.1% | -1.39% |
| 2012 | 7.2% | -11.11% |
| 2011 | 8.1% | +47.27% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 5.5% | +48.65% |
| 2009 | 3.7% | -81.31% |
| 2008 | 19.8% | +78.38% |
| 2007 | 11.1% | +21.98% |
| 2006 | 9.1% | -5.21% |
| 2005 | 9.6% | +12.94% |
| 2004 | 8.5% | +60.38% |
| 2003 | 5.3% | +39.47% |
| 2002 | 3.8% | -48.65% |
| 2001 | 7.4% | -35.65% |
| 2000 | 11.5% | +2.68% |
| 1999 | 11.2% | -13.85% |
| 1998 | 13.0% | +41.30% |
| 1997 | 9.2% | -21.37% |
| 1996 | 11.7% | +5.41% |
| 1995 | 11.1% | +200.00% |
| 1994 | 3.7% | -72.59% |
| 1993 | 13.5% | -38.36% |
| 1992 | 21.9% | -81.22% |
| 1991 | 116.6% | -96.12% |
| 1990 | 3004.1% | -59.56% |
| 1989 | 7428.7% | +55.57% |
| 1988 | 4775.2% | -63.57% |
| 1987 | 13109.5% | +1380.96% |
| 1986 | 885.2% | +54.92% |
| 1985 | 571.4% | +304.39% |
| 1984 | 141.3% | +320.54% |
| 1983 | 33.6% | +17.89% |
| 1982 | 28.5% | +19.75% |
| 1981 | 23.8% | -32.19% |
| 1980 | 35.1% | — |
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