Annual inflation, consumer prices in Nicaragua
Nicaragua: Annual inflation, consumer prices was 4.6% in 2024. ◆ Volatile
Annual inflation, consumer prices in Nicaragua, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Nicaragua recorded 4.6% for annual inflation, consumer prices in 2024.
That represents a change of down 44.9% on the previous year and down 23.4% over ten years.
Over the whole period, annual inflation, consumer prices in Nicaragua peaked at 19.8% in 2008 and was at its lowest, 3.5%, in 2016.
That places Nicaragua 64th out of 203 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual inflation, consumer prices in Nicaragua, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 7.1% | — |
| 2001 | 6.0% | -15.3% |
| 2002 | 3.8% | -37.4% |
| 2003 | 5.3% | +41.4% |
| 2004 | 8.5% | +59.7% |
| 2005 | 9.6% | +13.3% |
| 2006 | 9.1% | -4.8% |
| 2007 | 11.1% | +21.7% |
| 2008 | 19.8% | +78.2% |
| 2009 | 3.7% | -81.4% |
| 2010 | 5.5% | +48.0% |
| 2011 | 8.1% | +48.2% |
| 2012 | 7.2% | -11.0% |
| 2013 | 7.1% | -0.8% |
| 2014 | 6.0% | -15.4% |
| 2015 | 4.0% | -33.8% |
| 2016 | 3.5% | -11.9% |
| 2017 | 3.9% | +9.3% |
| 2018 | 4.9% | +28.5% |
| 2019 | 5.4% | +8.7% |
| 2020 | 3.7% | -31.5% |
| 2021 | 4.9% | +33.9% |
| 2022 | 10.5% | +112.4% |
| 2023 | 8.4% | -19.9% |
| 2024 | 4.6% | -44.9% |
Nicaragua compared with similar countries
- Nicaragua's 4.6% is below the median for lower middle income countries, which is 5.0%, 93% of the median. (43 countries reporting)
- Nicaragua's 4.6% is above the median for Latin America & Caribbean, which is 3.3%, 1.4× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.4% | 3.7% | 19.8% | 10 |
| 2010s | 5.6% | 3.5% | 8.1% | 10 |
| 2020s | 6.4% | 3.7% | 10.5% | 5 |
Countries ranked near Nicaragua
More development goals data for Nicaragua
- Red List Index 0.8326 index (2025)
- Number of refugees per 100,000 population, by country of origin 445.91 per 100,000 people (2025)
- Manufacturing value added per capita 327.14 constant US$ (2025)
- Number of transboundary breeds 53 (2023)
- Number of transboundary breeds (not extinct) 53 (2023)
- Number of transboundary breeds with unknown risk status 53 (2023)
- Number of local breeds with unknown risk status 9 (2023)
- Number of local breeds (not extinct) 9 (2023)
- Number of local breeds kept in the country 9 (2023)
- Infant deaths 1,246 (2024)
Frequently asked questions
- What is annual inflation, consumer prices in Nicaragua?
- Annual inflation, consumer prices in Nicaragua was 4.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual inflation, consumer prices recorded in Nicaragua?
- The highest recorded value was 19.8% in 2008.
- What is the lowest annual inflation, consumer prices recorded in Nicaragua?
- The lowest recorded value was 3.5% in 2016.
- How does Nicaragua rank for annual inflation, consumer prices?
- Nicaragua ranks 64th out of 203 countries with data for 2024.
- Is annual inflation, consumer prices rising or falling in Nicaragua?
- Over the last ten years it is down 23.4%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.
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