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Nicaragua - Gross domestic product in current prices

13.38 (billion US dollars) in 2018

In 2018, GDP for Nicaragua was 13.38 billion US dollars. Over the last 20 years, GDP of Nicaragua grew substantially from 4.86 to 13.38 billion US dollars rising at an increasing annual rate that reached a maximum of 14.47 % in 2008 and then decreased to -3.14 % in 2018.

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What is GDP?

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates.

What is Nicaragua GDP?

Date Value Change, %
2018 13.38 -3.14 %
2017 13.81 4.78 %
2016 13.18 4.54 %
2015 12.61 6.15 %
2014 11.88 8.17 %
2013 10.98 4.28 %
2012 10.53 7.76 %
2011 9.77 11.59 %
2010 8.76 5.57 %
2009 8.30 -2.35 %
2008 8.50 14.47 %
2007 7.42