Nicaragua: Adjusted net national income (annual % growth)

Key figures

What the numbers say

In 2021, Nicaragua's adjusted net national income (annual % growth) rose 3.79 percentage points on 2020 (from -2.71% to 1.09%).

Across the 25 yearly changes before that (1996 to 2020), the average change was −0.55 percentage points and a typical year strayed about 3.86 percentage points from that (the standard deviation). This year's change was 1.1 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 6.53 percentage points in 2007 and the biggest yearly fall was 9.9 percentage points in 2018. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2012 to 2021 the straight-line trend is downward, about 1.02 percentage points a year. A straight line explains 40% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2021, Nicaragua had the 105th highest value of the 137 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Nicaragua in the 2021 ranking

• North Macedonia — 101st of 137: 1.4%
• Brazil — 102nd of 137: 1.36%
• Ecuador — 103rd of 137: 1.25%
• Gambia, The — 105th of 137: 0.75%
• Malaysia — 106th of 137: 0.71%
• Viet Nam — 107th of 137: 0.59%

What this measures

Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.

Limitations: Adjusted net national income differs from the adjustments made in the calculation of adjusted net savings, by not accounting for investments in human capital or the damages from pollution. Thus, adjusted net national income remains within the boundaries of the United Nations System of National Accounts (SNA). The SNA includes non-produced natural assets (such as land, mineral resources, and forests) within the asset boundary when they are under the effective control of institutional units. The calculation of adjusted net national income, which accounts for net forest, energy, and mineral depletion, as well as consumption of fixed capital, thus remains within the SNA boundaries.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 27 values

Adjusted net national income (annual % growth) in nearby economies

• Argentina — 12.49% (2021)
• Bahamas, The — 13.69% (2021)
• Belize — 13.43% (2021)
• Bolivia — -0.23% (2021)
• Brazil — 1.36% (2021)
• Chile — 6.26% (2021)
• Colombia — 7.65% (2021)
• Costa Rica — 4.46% (2021)
• Cuba — 0.29% (2019)
• Dominican Republic — 7.51% (2021)

More economic policy & debt data for Nicaragua

• General government final consumption expenditure (current US$) — US$2.53 billion (2025)
• General government final consumption expenditure (current LCU) — 92.55 billion (2025)
• General government final consumption expenditure (constant 2015 US$) — US$2.07 billion (2025)
• General government final consumption expenditure (constant LCU) — 29.48 billion (2025)
• General government final consumption expenditure (% of GDP) — 11.36% (2025)
• Households and NPISHs final consumption expenditure (constant 2015 US$) — US$13.16 billion (2025)
• Households and NPISHs final consumption expenditure (constant LCU) — 195.05 billion (2025)
• Households and NPISHs final consumption expenditure per capita (constant 2015 US$)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Nicaragua's adjusted net national income (annual % growth)?

1.09% in 2021, according to the World Bank (World Development Indicators).

How has it changed since 1995?

It is down 10 percentage points from 11.08% in 1995. The highest value was 11.08% in 1995 and the lowest -5.8% in 2018.

How does Nicaragua rank?

105th highest of 137 economies with data for 2021.

Is the latest change in adjusted net national income (annual % growth) unusual for Nicaragua?

In 2021, Nicaragua's adjusted net national income (annual % growth) rose 3.79 percentage points on 2020 (from -2.71% to 1.09%). Across the 25 yearly changes before that (1996 to 2020), the average change was −0.55 percentage points and a typical year strayed about 3.86 percentage points from that (the standard deviation). This year's change was 1.1 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator NY.ADJ.NNTY.KD.ZG, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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