Nicaragua's gross savings (current US$) was US$5.61 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 128.86% from US$2.45 billion in 2014 (8.63% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$5.61 billion | 2024 |
| Five years earlier | US$2.99 billion | 2019 |
| Ten years earlier | US$2.45 billion | 2014 |
| Highest | US$5.61 billion | 2024 |
| Lowest | −US$180.01 million | 1994 |
| Average since 2015 | US$3.45 billion | 2015–2024 |
| First recorded | −US$180.01 million |
What the numbers say
In 2024, Nicaragua's gross savings (current US$) rose US$294.18 million on 2023 (from US$5.32 billion to US$5.61 billion).
Across the 29 yearly changes before that (1995 to 2023), the average change was +US$189.5 million and a typical year strayed about US$480.73 million from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was US$2.48 billion in 2023 and the biggest yearly fall was US$223.94 million 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 2015 to 2024 the straight-line trend is upward, about US$232.54 million a year. A straight line explains 44% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Nicaragua had the 21st highest value of the 48 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Nicaragua in the 2024 ranking
What this measures
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 31 values
| Year | Gross savings (current US$) |
|---|---|
| 2024 | 5,609,612,007 |
| 2023 | 5,315,428,263 |
| 2022 | 2,834,646,441 |
| 2021 | 2,809,220,841 |
| 2020 | 3,022,834,510 |
| 2019 | 2,992,879,661 |
| 2018 | 2,866,535,400 |
| 2017 | 3,090,476,869 |
| 2016 | 2,990,837,731 |
| 2015 | 2,996,413,343 |
| 2014 |
Gross savings (current US$) in nearby economies
- Argentina — US$91.71 billion (2025)
- Aruba — US$520.11 million (2023)
- Bahamas, The — US$3.04 billion (2024)
- Belize — US$651.38 million (2024)
- Bolivia — US$7.56 billion (2024)
- Brazil — US$328.66 billion (2025)
- Chile — US$81.53 billion (2025)
- Colombia — US$60.27 billion (2025)
- Costa Rica — US$13.98 billion (2025)
- Dominican Republic — US$29.66 billion (2025)
- Ecuador — US$35.43 billion (2025)
More economic policy & debt data for Nicaragua
- General government final consumption expenditure (current US$) — 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
Questions people ask
- What is Nicaragua's gross savings (current US$)?
- US$5.61 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1994?
- It is up 3,216% from −US$180.01 million in 1994. The highest value was US$5.61 billion in 2024 and the lowest −US$180.01 million in 1994.
- How does Nicaragua rank?
- 21st highest of 48 economies with data for 2024.
- Is the latest change in gross savings (current US$) unusual for Nicaragua?
- In 2024, Nicaragua's gross savings (current US$) rose US$294.18 million on 2023 (from US$5.32 billion to US$5.61 billion). Across the 29 yearly changes before that (1995 to 2023), the average change was +US$189.5 million and a typical year strayed about US$480.73 million from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.GNS.ICTR.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, 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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