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Nicaragua GDP Deflator

Inflation as measured by annual growth rate of GDP implicit deflator  NY.GDP.DEFL.KD.ZG

Nicaragua's gdp deflator was 10.05% in 2025, ranked 44th globally. This represents a 37.5% increase from 2024. Data from World Bank, covering 1961–2025.

10.05% +2.74pp (+37.5%)
Year 2025 Rank #44 Global Peak 13,611.63% (1988) Source World Bank

Nicaragua GDP Deflator (1961–2025)

Overview

Nicaragua's gdp deflator stood at 10.05% in 2025, a rise of +2.74pp from 2024. Based on recent trends, this figure is projected to reach 10.05% by 2025. Nicaragua ranked 44th globally.

Nicaragua’s GDP deflator stands at 10.05 % in 2025, placing the country 44th in the world and closely aligned with peers such as Estonia (10.15 %) and Colombia (9.89 %). The index, which measures the change in prices of all domestically produced goods and services, has been recorded for 65 years, moving from a modest negative reading of –0.05 % in 1961 to an extraordinary peak of 13 611.63 % in 1988, a year marked by hyperinflation and severe economic dislocation. The all‑time trough of –0.54 % occurred in 1962, reflecting a brief period of deflationary pressure. Since the 1990s, the deflator has stabilized within a single‑digit to low‑teens range, indicating relatively moderate inflation compared with regional averages. Continued fiscal discipline, monetary policy credibility and external price stability will be crucial to keep the deflator from reverting to the volatile swings of the late 1980s, suggesting a cautiously steady trajectory ahead.

Data & projection

Year GDP Deflator YoY change Rank
2027* trend 11.91% - -
2026* trend 10.98% - -
2025* trend 10.05% - -
2025 10.05% +2.74pp #44
2024 7.31% −3.47pp #155
2023 10.78% +2.40pp #167
2022 8.39% +4.86pp #122
2021 3.52% −2.76pp #89
2020 6.29% +0.89pp #172
2019 5.40% +2.74pp #175
2018 2.66% −1.47pp #102
2017 4.12% −0.47pp #131
2016 4.59% −3.00pp #157
2015 7.59% −0.80pp #186
2014 8.39% +4.04pp #189
2013 4.35% −1.89pp #148
2012 6.24% −3.97pp #146
2011 10.21% +4.08pp #154
Show all years (1961-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +12.1% GDP growth 3.6% C/A balance 4.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Nicaragua matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp deflator improve within 24 months. View full analysis →

Frequently Asked Questions

What is Nicaragua's gdp deflator?▾

Nicaragua's gdp deflator was 10.05% in 2025. Ranked 44th globally. This represents a 37.5% increase from the previous year.

What was the highest gdp deflator in Nicaragua?▾

Nicaragua's gdp deflator peaked at 13,611.63% in 1988.

What was the lowest gdp deflator in Nicaragua?▾

The lowest gdp deflator in Nicaragua was -0.54% in 1962.

How does Nicaragua rank in gdp deflator?▾

Nicaragua ranks 44th globally in gdp deflator as of 2025.

What is the World Bank indicator code for gdp deflator?▾

The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.

What is the projected gdp deflator of Nicaragua in 2025?▾

Nicaragua's gdp deflator is projected to reach 10.05% by 2025 based on trend extrapolation.

What is the gdp deflator of Nicaragua in 2025?▾

The gdp deflator of Nicaragua in 2025 was 10.05%. This ranks 44th in the world.

Cite this page

APA
Nicaragua GDP Deflator. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/nicaragua/gdp-deflator/
BibTeX
@misc{historysaid_nicaragua_gdp-deflator, title = {Nicaragua GDP Deflator}, url = {https://historysaid.com/nicaragua/gdp-deflator/}, publisher = {HistorySaid}, year = {2026} }
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