Nicaragua's GDP Compound Annual Growth Rates


Nicaragua's Compound Annual Growth Rates (CAGR) over the last 10, 5 and 3 years were 3.3%, 2.9% and 6.6% respectively.

The World Economics GDP Data Quality Ratings for Nicaragua's GDP data is D Grade.

Nicaragua's data is highlighted in the table below, use the filter and sort order options to allow easy comparison with other countries.

Data source: World Economics Research, London



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Country: World Economics
Data Quality Grade
(A-E)
CAGR
10-Year
(2013-2023)
CAGR
5-Year
(2018-2023)
CAGR
3-Year
(2020-2023)
Share of
Global GDP
(%, 2023)
Guyana E 35.4% 58.8% 53.6% 0.0%
Ireland A 12.6% 7.4% 7.3% 0.4%
Ethiopia E 11.4% 7.4% 6.4% 0.3%
Tajikistan E 10.0% 8.7% 9.3% 0.0%
Pakistan D 9.2% 2.5% 3.8% 1.0%
Cote d'Ivoire C 9.1% 6.3% 7.1% 0.1%
Bangladesh E 8.8% 7.1% 7.1% 0.9%
Rwanda C 8.8% 7.1% 9.4% 0.0%
Malta B 8.2% 5.0% 8.9% 0.0%
China C 7.9% 5.5% 5.8% 18.9%
Vietnam E 7.9% 5.7% 5.5% 0.9%
Guinea E 7.8% 5.5% 5.0% 0.0%
India C 7.6% 4.7% 8.7% 9.6%
Uzbekistan D 7.4% 6.0% 6.8% 0.2%
Congo, Dem. Rep E 7.2% 6.1% 7.6% 0.1%
Benin D 6.9% 6.7% 6.8% 0.0%
Kenya D 6.9% 5.0% 6.3% 0.2%
Senegal C 6.9% 4.5% 5.2% 0.1%
Tanzania D 6.8% 4.7% 4.9% 0.2%
Niger C 6.7% 5.1% 4.9% 0.0%
Cambodia E 6.6% 3.6% 4.6% 0.1%
Togo C 6.4% 5.3% 6.1% 0.0%
Dominican Republic B 6.2% 3.6% 6.9% 0.2%
Egypt D 6.2% 5.0% 4.7% 1.3%
Laos E 6.2% 3.1% 3.1% 0.1%
Türkiye B 6.1% 5.2% 7.6% 2.2%
Philippines C 5.9% 3.1% 6.7% 0.8%
Uganda D 5.9% 4.9% 4.5% 0.1%
Armenia B 5.7% 5.9% 9.8% 0.0%
Burkina Faso C 5.7% 4.2% 4.2% 0.0%
Turkmenistan D 5.7% 2.3% 2.8% 0.1%
Georgia B 5.6% 5.7% 10.4% 0.1%
Panama D 5.5% 3.4% 12.6% 0.1%
Mali E 5.3% 3.1% 3.9% 0.1%
Ghana C 5.2% 3.7% 3.6% 0.2%
Bhutan E 5.1% 1.6% 4.7% 0.0%
Indonesia B 5.1% 3.6% 4.9% 2.9%
Nepal E 5.1% 3.3% 3.9% 0.1%
Cameroon D 5.0% 3.1% 3.8% 0.1%
Costa Rica B 4.8% 3.3% 6.2% 0.1%
Malaysia B 4.8% 3.0% 5.5% 0.8%
Mongolia B 4.7% 3.0% 4.7% 0.0%
Mozambique D 4.7% 2.9% 4.4% 0.0%
Cyprus A 4.6% 4.2% 6.1% 0.0%
Israel A 4.6% 4.2% 6.1% 0.3%
Morocco C 4.6% 1.5% 4.2% 0.2%
Libya E 4.5% -2.2% 14.3% 0.1%
Gambia D 4.4% 4.5% 4.9% 0.0%
Papua New Guinea E 4.3% 1.7% 2.4% 0.0%
Romania B 4.3% 2.6% 4.3% 0.4%
Guatemala C 4.1% 3.8% 5.5% 0.1%
Poland B 4.1% 3.1% 4.2% 1.0%
Mauritania D 4.0% 3.1% 4.1% 0.0%
Guinea-Bissau E 3.9% 2.8% 4.0% 0.0%
Kyrgyzstan D 3.9% 2.7% 5.6% 0.0%
Zambia D 3.9% 3.0% 5.6% 0.1%
Honduras E 3.7% 2.6% 7.0% 0.1%
Myanmar D 3.7% -1.8% -2.0% 0.2%
Oman B 3.7% 0.8% 3.0% 0.1%
Taiwan A 3.7% 3.7% 3.6% 0.9%
Iceland A 3.6% 2.0% 5.5% 0.0%
Croatia B 3.5% 3.5% 8.1% 0.1%
Hungary C 3.5% 2.2% 3.6% 0.2%
Malawi C 3.5% 2.4% 1.8% 0.0%
New Zealand A 3.5% 2.2% 3.0% 0.1%
Bulgaria B 3.4% 2.8% 4.7% 0.1%
Albania C 3.3% 3.3% 6.0% 0.0%
Bosnia and Herzegovina D 3.3% 2.7% 4.6% 0.0%
Kazakhstan D 3.3% 3.1% 4.4% 0.4%
Lithuania B 3.3% 2.7% 2.8% 0.1%
Nicaragua D 3.3% 2.9% 6.6% 0.0%
Singapore A 3.3% 2.2% 4.7% 0.4%
United Arab Emirates B 3.3% 2.4% 5.5% 0.5%
Bolivia E 3.2% 1.0% 4.2% 0.1%
Mauritius B 3.2% 1.2% 6.8% 0.0%
Slovenia A 3.2% 2.3% 4.2% 0.1%
Madagascar E 3.1% 2.1% 4.6% 0.0%
Paraguay D 3.1% 1.5% 2.9% 0.1%
Colombia B 3.0% 2.9% 6.6% 0.6%
Serbia B 2.9% 3.4% 4.4% 0.1%
Eswatini D 2.8% 3.6% 5.6% 0.0%
Korea, Rep. A 2.8% 2.0% 2.8% 1.6%
Bahrain B 2.7% 1.5% 3.5% 0.1%
Central African Republic E 2.6% 1.3% 0.7% 0.0%
Comoros D 2.6% 1.9% 2.6% 0.0%
Estonia B 2.6% 1.3% 1.1% 0.0%
Jordan B 2.6% 1.9% 3.0% 0.1%
Saudi Arabia C 2.6% 1.7% 4.2% 1.4%
Chile A 2.5% 1.7% 4.9% 0.3%
El Salvador C 2.5% 2.3% 6.0% 0.1%
Australia A 2.4% 2.1% 2.9% 0.8%
Denmark A 2.4% 2.1% 3.9% 0.2%
Latvia B 2.4% 1.3% 3.3% 0.0%
Luxembourg A 2.4% 1.9% 2.5% 0.0%
Peru D 2.4% 1.1% 5.3% 0.4%
United States A 2.4% 2.0% 3.6% 13.3%
Uruguay B 2.4% 0.9% 3.6% 0.1%
Algeria C 2.3% 1.3% 3.7% 0.3%
Slovak Republic B 2.3% 1.4% 2.6% 0.1%
Sweden A 2.3% 1.7% 3.0% 0.4%
Botswana C 2.2% 3.0% 7.4% 0.0%
Gabon E 2.2% 1.8% 2.3% 0.0%
Moldova B 2.2% 0.8% 3.1% 0.0%
Nigeria E 2.2% 2.1% 3.4% 1.2%
North Macedonia B 2.2% 1.2% 3.0% 0.0%
Portugal A 2.1% 1.8% 5.2% 0.3%
Switzerland A 2.1% 1.6% 3.0% 0.4%
Mexico C 2.0% 0.7% 4.5% 2.0%
Netherlands A 2.0% 1.7% 3.6% 0.6%
Norway A 2.0% 1.5% 2.6% 0.2%
Zimbabwe E 2.0% 1.0% 7.2% 0.0%
Spain A 1.9% 0.9% 5.1% 1.3%
Thailand D 1.9% 0.3% 2.0% 1.1%
Namibia C 1.8% 0.9% 5.0% 0.0%
Qatar C 1.8% 0.9% 2.5% 0.2%
South Africa B 1.8% 0.2% 2.4% 0.7%
Belgium A 1.7% 1.6% 3.9% 0.4%
Canada A 1.7% 1.2% 3.3% 1.2%
Sri Lanka C 1.6% -2.4% -2.5% 0.2%
Tunisia D 1.6% -0.1% 2.5% 0.1%
United Kingdom A 1.5% 0.7% 4.5% 2.0%
Bahamas, The B 1.4% 1.2% 13.2% 0.0%
Azerbaijan D 1.2% 1.9% 3.9% 0.1%
Burundi E 1.2% 2.0% 2.6% 0.0%
Germany A 1.2% 0.4% 1.6% 2.8%
Hong Kong A 1.2% -0.5% 2.0% 0.3%
Liberia E 1.2% 1.8% 5.0% 0.0%
Austria A 1.1% 0.5% 2.8% 0.3%
France A 1.1% 0.7% 3.3% 2.0%
Chad E 1.0% 1.4% 1.8% 0.0%
Finland A 1.0% 0.5% 1.3% 0.2%
Greece B 1.0% 1.6% 5.6% 0.2%
Russia C 1.0% 1.3% 2.4% 3.2%
Sierra Leone D 0.9% 3.0% 3.8% 0.0%
Ecuador D 0.8% 0.2% 3.3% 0.2%
Italy A 0.8% 0.7% 4.5% 1.8%
Jamaica E 0.8% 0.4% 4.2% 0.0%
Japan A 0.7% 0.1% 1.7% 3.3%
Brazil B 0.5% 1.8% 3.7% 2.5%
Belarus C 0.3% 0.4% 0.5% 0.1%
Angola E 0.0% -0.4% 1.6% 0.2%
Yemen, Rep. E 0.0% -2.6% -0.1% 0.0%
Argentina C -0.1% 0.2% 4.8% 0.8%
Kuwait D -0.1% -0.5% 2.6% 0.2%
Lesotho C -0.1% -0.9% 1.6% 0.0%
Haiti E -0.2% -2.0% -1.7% 0.0%
Congo, Rep. E -0.8% 0.2% 2.2% 0.0%
Sudan E -1.0% -5.0% -6.9% 0.2%
Afghanistan E -1.4% -4.5% -7.8% 0.1%
Suriname C -1.5% -2.6% 0.7% 0.0%
Ukraine C -3.0% -4.7% -7.7% 0.3%
Lebanon D -3.2% -6.9% -3.4% 0.1%

See: Data for individual countries by using country lists




Note: Data for years shown use end of of year values.

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Key:
Data quality grade definitions:
         A: As good as it gets
         B: Good
         C: Use with caution
         D: Poor
         E: Extremely poor quality






NICARAGUA'S ECONOMICS
NICARAGUA'S DEMOGRAPHY
NICARAGUA'S ENVIRONMENT, SOCIAL & GOVERNANCE
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