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Nicaragua Poverty Rate

Poverty headcount ratio at $2.15/day  SI.POV.DDAY

Nicaragua's poverty rate was 6.60% in 2014, ranked 62nd globally. This represents a 52.5% decrease from 2013. Data from World Bank, covering 1993–2014.

6.60% −7.30pp (-52.5%)
Year 2014 Rank #62 Global Peak 47.10% (1993) Source World Bank

Nicaragua Poverty Rate (1993–2014)

Overview

Nicaragua's poverty rate stood at 6.60% in 2014, a decline of +7.30pp from 2009. Nicaragua ranked 62nd globally.

Nicaragua’s poverty rate fell dramatically from its all‑time peak of 47.10 % in 1993 to a trough of 6.60 % in 2014, placing the country 62nd globally in the World Bank’s most recent ranking. This 40.50‑percentage‑point decline over two decades reflects sustained reductions in extreme deprivation, driven by macro‑economic stability, expansion of social programmes and increased agricultural productivity. The 2014 figure is closely aligned with Panama’s 6.40 % and North Macedonia’s 6.40 %, suggesting that Nicaragua now shares a poverty profile with nations that have modest but persistent challenges in reaching the lowest‑income segments of their populations. The rapid improvement contrasts with the early‑1990s, when nearly half of the population lived below the poverty line, a period marked by post‑conflict reconstruction and limited fiscal capacity. Continued progress will depend on maintaining fiscal discipline, deepening inclusive growth and strengthening safety‑net mechanisms, which could keep the poverty rate on a downward trajectory in the coming years.

Data & projection

Year Poverty Rate YoY change Rank
2014 6.60% −7.30pp #62
2009 13.90% −2.60pp #68
2005 16.50% −9.80pp #58
2001 26.30% −8.40pp #32
1998 34.70% −12.40pp #40
1993 47.10% – #28

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 poverty rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Nicaragua's poverty rate?▾

Nicaragua's poverty rate was 6.60% in 2014. Ranked 62nd globally. This represents a 52.5% decrease from the previous year.

What was the highest poverty rate in Nicaragua?▾

Nicaragua's poverty rate peaked at 47.10% in 1993.

What was the lowest poverty rate in Nicaragua?▾

The lowest poverty rate in Nicaragua was 6.60% in 2014.

How does Nicaragua rank in poverty rate?▾

Nicaragua ranks 62nd globally in poverty rate as of 2014.

What is the World Bank indicator code for poverty rate?▾

The World Bank indicator code is SI.POV.DDAY. Data sourced from World Bank.

What is the poverty rate of Nicaragua in 2014?▾

The poverty rate of Nicaragua in 2014 was 6.60%. This ranks 62nd in the world.

Cite this page

APA
Nicaragua Poverty Rate. HistorySaid. Retrieved October 22, 2026, from https://historysaid.com/nicaragua/poverty-rate/
BibTeX
@misc{historysaid_nicaragua_poverty-rate, title = {Nicaragua Poverty Rate}, url = {https://historysaid.com/nicaragua/poverty-rate/}, publisher = {HistorySaid}, year = {2026} }
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