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Economy Snapshot

Nicaragua Economy and Trade

ManaguaLocal time

GDP $22.24B · real growth 4.9% · latest verified annual data

For Nicaragua, the dashboard separates a 2025 nominal GDP reading of $22.24B from the 2025 real-growth rate of 4.9%. GDP per capita is $3,173 for 2025, and CPI inflation is 2.1% for 2025. Each measure keeps its own reference period below, avoiding a false same-year comparison between series released on different schedules.

Nominal GDP
$22.24B
current US$ · 2025
World Bank
GDP per capita
$3,173
current US$ · 2025
Source listed below
Real GDP growth
4.9%
annual % · 2025
Source listed below
Inflation
2.1%
CPI annual % · 2025
Source listed below

Nicaragua at a Glance

Each measure keeps its actual reference year and definition.

Output trend

Nominal GDP · annual observations · current US$ · World Bank
201520172019202120232025$12.76B$22.24B
2015: $12.76B2016: $13.29B2017: $13.79B2018: $13.03B2019: $12.70B2020: $12.73B2021: $14.21B2022: $15.63B2023: $17.81B2024: $19.70B2025: $22.24B
GDP per capita$3,173
Real growth4.9%
GDP year2025
2025 Inflation
2.1%
CPI annual %
2025 Unemployment
5.0%
labor-market measure
2025 GDP per capita
$3,173
current US$

Macro signals and Merchandise trade

Available measures are shown with their reported reference periods.

Macro signals

World Bank annual observations
MACRO
Real growth20254.9%
Unemployment20255.0%
Inflation20252.1%

Merchandise trade

WTO profile · 2024 · USD
TRADE
Exports$7.52B
Imports$8.99B
Balance-$1.47B
Largest highlighted export destination
United States48.4%
Exports
$7.52B
Imports
$8.99B
Understand the numbers

What Nicaragua's economic profile is telling you

Nicaragua grew by 4.9 percent in 2025, with inflation at 2.1 percent. Matched 2024 WTO merchandise data show a goods deficit, while the United States received almost half of merchandise exports.

Reading the macro data

Nominal GDP measures current-dollar size. Real growth, inflation and unemployment describe different economic conditions and can have different reference years.

Reading the trade data

Merchandise trade covers goods. A balance appears only when exports and imports have a verified matching year and currency basis.

Detailed Economic Data

IndicatorNicaraguaReference periodStatus
GDPcurrent US$$22.24B2025Actual
GDP per capitacurrent US$$3,1732025Actual
Real GDP growthannual %4.9%2025Actual
InflationCPI annual %2.1%2025Actual
Unemploymentmodeled ILO estimate5.0%2025Estimate
Merchandise exportscurrent USD$7.52B2024Actual
Merchandise importscurrent USD$8.99B2024Actual

Frequently Asked Questions

What is Nicaragua's latest GDP?

The verified GDP observation used here is $22.24B for 2025.

What does merchandise trade show for Nicaragua?

Merchandise exports were $7.52B and imports were $8.99B in 2024, giving a same-year goods balance of -$1.47B.

Sources & methodology

Sources for the economic indicators and definitions shown above.

View sources used for this page
WTO Tariff and Trade Data

Matched-year merchandise exports and imports from the WTO economy profile.