Nicaragua Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
Nicaragua's credit to gdp was 30.01% in 2025, ranked 102nd globally. This represents a 0.9% increase from 2024. Data from World Bank, covering 2001–2025.
Overview
Nicaragua's credit to gdp stood at 30.01% in 2025, a rise of +0.28% from 2024. Based on recent trends, this figure is projected to reach 30.01% by 2025. Nicaragua ranked 102nd globally.
Nicaragua’s credit‑to‑GDP ratio has risen sharply over the 25‑year series, moving from an all‑time trough of 13.72 percent in 2001 to a peak of 42.71 percent in 2017 before easing to 30.01 percent in 2025, placing the country 102nd in the world. The steep climb after 2001 reflects expanding access to formal financing and a gradual deepening of the domestic banking sector, while the post‑peak moderation coincides with tighter fiscal conditions and external debt concerns that emerged in the late 2010s. Compared with peers of similar rank, Nicaragua’s 2025 level is marginally below Uruguay’s 30.65 percent and Hungary’s 30.70 percent, yet above Egypt’s 29.71 percent, suggesting a moderate standing among middle‑income economies. If macro‑policy reforms sustain credit growth without inflating debt ratios, the credit‑to‑GDP trajectory is likely to continue its gradual upward drift; however, a resurgence of fiscal tightening or external shocks could reverse the recent easing trend.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 30.39% | - | - |
| 2026* trend | 30.20% | - | - |
| 2025* trend | 30.01% | - | - |
| 2025 | 30.01% | +0.28% | #102 |
| 2024 | 29.73% | −0.28% | #36 |
| 2023 | 30.01% | +0.31% | #49 |
| 2022 | 29.70% | +1.69% | #53 |
| 2021 | 28.01% | −1.78% | #54 |
| 2020 | 29.79% | −2.42% | #59 |
| 2019 | 32.22% | −7.64% | #68 |
| 2018 | 39.86% | −2.86% | #81 |
| 2017 | 42.71% | +4.13% | #87 |
| 2016 | 38.58% | +1.73% | #78 |
| 2015 | 36.85% | +2.99% | #74 |
| 2014 | 33.86% | +1.99% | #72 |
| 2013 | 31.87% | +3.15% | #69 |
| 2012 | 28.73% | +2.52% | #65 |
| 2011 | 26.20% | −0.59% | #62 |
Detected Pattern
Analysis
Nicaragua matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw credit to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Nicaragua's credit to gdp was 30.01% in 2025. Ranked 102nd globally. This represents a 0.9% increase from the previous year.
Nicaragua's credit to gdp peaked at 42.71% in 2017.
The lowest credit to gdp in Nicaragua was 13.72% in 2001.
Nicaragua ranks 102nd globally in credit to gdp as of 2025.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
Nicaragua's credit to gdp is projected to reach 30.01% by 2025 based on trend extrapolation.
The credit to gdp of Nicaragua in 2025 was 30.01%. This ranks 102nd in the world.
Cite this page
@misc{historysaid_nicaragua_credit-to-gdp,
title = {Nicaragua Credit to GDP},
url = {https://historysaid.com/nicaragua/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}