Nicaragua Inflation Rate
Consumer price inflation, annual % FP.CPI.TOTL.ZG
Nicaragua's inflation rate was 2.00% in 2025, ranked 133rd globally. This represents a 56.8% decrease from 2024. Data from World Bank, covering 1980–2025.
Overview
Nicaragua's inflation rate stood at 2.00% in 2025, a decline of +2.62pp from 2024. The IMF projects 2.00% by 2025. Nicaragua ranked 133rd globally.
Nicaragua’s inflation rate has fallen dramatically from a historic high of 13109.50 % in 1987 to a trough of 2.00 % in 2025, placing the country at rank 133 globally among 46 years of data. The sharp decline reflects a transition from hyperinflationary conditions in the late 1980s to a more stable macro‑economic environment in the 2020s, aided by tighter monetary policy and fiscal consolidation. By 2025 the rate matches the all‑time low and is virtually identical to Guinea‑Bissau’s 2.00 % and close to Senegal’s 2.04 %, underscoring Nicaragua’s convergence with other low‑inflation economies in the region. The sustained low level suggests that price stability has become entrenched, yet future shifts in external commodity prices or fiscal deficits could reopen inflationary pressures. Continued prudence in monetary policy and fiscal discipline will be crucial to preserve the downward trajectory.
Data & projection
| Year | Inflation Rate | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 2.70% | - | - |
| 2029* IMF | 2.70% | - | - |
| 2028* IMF | 2.70% | - | - |
| 2027* IMF | 2.70% | - | - |
| 2026* IMF | 2.70% | - | - |
| 2025* IMF | 2.00% | - | - |
| 2025 | 2.00% | −2.62pp | #133 |
| 2024 | 4.62% | −3.82pp | #136 |
| 2023 | 8.39% | −2.08pp | #135 |
| 2022 | 10.47% | +5.54pp | #132 |
| 2021 | 4.93% | +1.25pp | #130 |
| 2020 | 3.68% | −1.69pp | #139 |
| 2019 | 5.38% | +0.43pp | #164 |
| 2018 | 4.95% | +1.10pp | #160 |
| 2017 | 3.85% | +0.33pp | #131 |
| 2016 | 3.52% | −0.47pp | #135 |
| 2015 | 4.00% | −2.04pp | #138 |
| 2014 | 6.04% | −1.10pp | #158 |
| 2013 | 7.14% | −0.06pp | #170 |
| 2012 | 7.19% | −0.89pp | #161 |
| 2011 | 8.08% | +2.63pp | #154 |
Detected Pattern
Analysis
Nicaragua matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw inflation rate improve within 24 months. View full analysis →
Frequently Asked Questions
Nicaragua's inflation rate was 2.00% in 2025. Ranked 133rd globally. This represents a 56.8% decrease from the previous year.
Nicaragua's inflation rate peaked at 13,109.50% in 1987.
The lowest inflation rate in Nicaragua was 2.00% in 2025.
Nicaragua ranks 133rd globally in inflation rate as of 2025.
The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.
Nicaragua's inflation rate is projected to reach 2.00% by 2025 based on IMF projection.
The inflation rate of Nicaragua in 2025 was 2.00%. This ranks 133rd in the world.
Cite this page
@misc{historysaid_nicaragua_inflation-rate,
title = {Nicaragua Inflation Rate},
url = {https://historysaid.com/nicaragua/inflation-rate/},
publisher = {HistorySaid},
year = {2026}
}