Nicaragua Interest Rate Spread
Interest rate spread (lending rate minus deposit rate) FR.INR.LNDP
Nicaragua's interest rate spread was 8.06% in 2025, ranked 16th globally. This represents a 10.3% decrease from 2024. Data from World Bank, covering 1988–2025.
Overview
Nicaragua's interest rate spread stood at 8.06% in 2025, a decline of +0.93pp from 2024. Based on recent trends, this figure is projected to reach 8.06% by 2025. Nicaragua ranked 16th globally.
Nicaragua’s interest‑rate spread, which measures the gap between lending and deposit rates, stood at 8.06 percent in 2025, placing the country 16th in the world according to the World Bank. The spread has fluctuated dramatically over the 38‑year series, reaching an all‑time high of 13.97 percent in 2013 during a period of tight monetary policy and falling to an extraordinary trough of –30 827.44 percent in 1988, a figure that reflects hyperinflationary distortions rather than a conventional market condition. Since the early 2000s the spread has narrowed, stabilising around the low‑single‑digit range that it shares with peers such as Papua New Guinea (also 8.06 percent) and Barbados (7.91 percent). This convergence suggests that Nicaragua’s financial sector has become more aligned with regional norms, although any resurgence of fiscal deficits or external shocks could widen the spread again. Continued macro‑economic prudence is likely to keep the gap modest, supporting credit growth without excessive cost pressures.
Data & projection
| Year | Interest Rate Spread | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 7.89% | - | - |
| 2026* trend | 7.98% | - | - |
| 2025* trend | 8.06% | - | - |
| 2025 | 8.06% | −0.93pp | #16 |
| 2024 | 8.99% | +1.63pp | #67 |
| 2023 | 7.36% | −0.70pp | #64 |
| 2022 | 8.06% | −0.07pp | #74 |
| 2021 | 8.13% | −0.90pp | #80 |
| 2020 | 9.03% | −0.35pp | #84 |
| 2019 | 9.38% | −0.19pp | #87 |
| 2018 | 9.58% | +0.05pp | #92 |
| 2017 | 9.53% | −0.81pp | #103 |
| 2016 | 10.34% | −0.67pp | #105 |
| 2015 | 11.01% | −1.49pp | #109 |
| 2014 | 12.49% | −1.48pp | #115 |
| 2013 | 13.97% | +2.98pp | #120 |
| 2012 | 11.00% | +2.31pp | #110 |
| 2011 | 8.69% | −1.64pp | #92 |
Detected Pattern
Analysis
Nicaragua matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw interest rate spread improve within 24 months. View full analysis →
Frequently Asked Questions
Nicaragua's interest rate spread was 8.06% in 2025. Ranked 16th globally. This represents a 10.3% decrease from the previous year.
Nicaragua's interest rate spread peaked at 13.97% in 2013.
The lowest interest rate spread in Nicaragua was -30,827.44% in 1988.
Nicaragua ranks 16th globally in interest rate spread as of 2025.
The World Bank indicator code is FR.INR.LNDP. Data sourced from World Bank.
Nicaragua's interest rate spread is projected to reach 8.06% by 2025 based on trend extrapolation.
The interest rate spread of Nicaragua in 2025 was 8.06%. This ranks 16th in the world.
Cite this page
@misc{historysaid_nicaragua_interest-rate-spread,
title = {Nicaragua Interest Rate Spread},
url = {https://historysaid.com/nicaragua/interest-rate-spread/},
publisher = {HistorySaid},
year = {2026}
}