Nicaragua Tax Revenue
Tax revenue as % of GDP GC.TAX.TOTL.GD.ZS
Nicaragua's tax revenue was 21.77% in 2025, ranked 32nd globally. This represents a 9.2% increase from 2024. Data from World Bank, covering 1990–2025.
Overview
Nicaragua's tax revenue stood at 21.77% in 2025, a rise of +1.83% from 2023. Based on recent trends, this figure is projected to reach 21.77% by 2025. Nicaragua ranked 32nd globally.
Nicaragua's tax revenue has experienced significant fluctuations over the past three and a half decades. At its peak in 1990, the country's tax revenue reached 26.27% of GDP, but this was followed by a sharp decline to a trough of 8.99% in 1994, reflecting the economic challenges faced during this period. Since then, tax revenue has gradually increased, with the latest available data indicating a tax revenue of 21.77% of GDP in 2025, ranking Nicaragua 32nd globally. This is relatively close to Serbia, which ranked 31st with a tax revenue of 21.91% of GDP, and Estonia, which ranked 27th with a tax revenue of 21.55% of GDP. The steady improvement in tax revenue suggests that Nicaragua's economic management has made progress in recent years, but further reforms may be needed to sustain growth and increase revenue collection. A significant increase in economic activity, driven by investments in key sectors such as agriculture and manufacturing, could potentially propel tax revenue to higher levels.
Data & projection
| Year | Tax Revenue | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 22.56% | - | - |
| 2025* trend | 21.77% | - | - |
| 2025 | 21.77% | +1.83% | #32 |
| 2023 | 19.94% | +0.08% | #65 |
| 2022 | 19.86% | +1.04% | #75 |
| 2021 | 18.82% | +1.81% | #79 |
| 2020 | 17.01% | −0.41% | #77 |
| 2019 | 17.42% | +1.72% | #76 |
| 2018 | 15.70% | −0.87% | #66 |
| 2017 | 16.57% | +0.41% | #73 |
| 2016 | 16.17% | +0.58% | #71 |
| 2015 | 15.59% | +0.27% | #67 |
| 2014 | 15.32% | +0.30% | #63 |
| 2013 | 15.02% | +0.01% | #57 |
| 2012 | 15.01% | +0.49% | #58 |
| 2011 | 14.52% | +0.84% | #48 |
| 2010 | 13.68% | +0.54% | #48 |
Detected Pattern
Analysis
Nicaragua matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw tax revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Nicaragua's tax revenue was 21.77% in 2025. Ranked 32nd globally. This represents a 9.2% increase from the previous year.
Nicaragua's tax revenue peaked at 26.27% in 1990.
The lowest tax revenue in Nicaragua was 8.99% in 1994.
Nicaragua ranks 32nd globally in tax revenue as of 2025.
The World Bank indicator code is GC.TAX.TOTL.GD.ZS. Data sourced from World Bank.
Nicaragua's tax revenue is projected to reach 21.77% by 2025 based on trend extrapolation.
The tax revenue of Nicaragua in 2025 was 21.77%. This ranks 32nd in the world.
Cite this page
@misc{historysaid_nicaragua_tax-revenue,
title = {Nicaragua Tax Revenue},
url = {https://historysaid.com/nicaragua/tax-revenue/},
publisher = {HistorySaid},
year = {2026}
}