Nicaragua's manufacturing, value added (% of GDP) was 12.59% in 2025, the latest year in the World Bank's World Development Indicators. That is down 1.61 percentage points from 14.2% in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 12.59% | 2025 |
| Five years earlier | 13.97% | 2020 |
| Ten years earlier | 14.2% | 2015 |
| Highest | 14.83% | 2002 |
| Lowest | 11.96% | 1999 |
| Average since 2016 | 13.91% | 2016–2025 |
| First recorded | 13.98% | 1994 |
What the numbers say
In 2025, Nicaragua's manufacturing, value added (% of GDP) fell 0.84 percentage points on 2024 (from 13.43% to 12.59%).
Across the 30 yearly changes before that (1995 to 2024), the average change was −0.02 percentage points and a typical year strayed about 0.54 percentage points from that (the standard deviation). This year's change was 1.5 standard deviations below 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 1.18 percentage points in 2002 and the biggest yearly fall was 1.01 percentage points in 2024. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains 12% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Nicaragua had the 58th highest value of the 132 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.
| Value | Year | |
|---|---|---|
| Nicaragua | 12.59% | 2025 |
| World | 14.87% | 2025 |
| Latin America & Caribbean | 17.09% | 2025 |
| Lower middle income | 16.93% | 2025 |
Closest to Nicaragua in the 2025 ranking
- Pakistan — 54th of 132: 13.02%
- Kazakhstan — 55th of 132: 12.71%
- El Salvador — 56th of 132: 12.67%
- Kosovo — 58th of 132: 12.54%
- Sweden — 59th of 132: 12.45%
- Côte d'Ivoire — 60th of 132: 12.29%
What this measures
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Limitations: Ideally, industrial output should be measured through regular censuses and surveys of firms. But in most developing countries such surveys are infrequent, so earlier survey results must be extrapolated using an appropriate indicator. The choice of sampling unit, which may be the enterprise (where responses may be based on financial records) or the establishment (where production units may be recorded separately), also affects the quality of the data. Moreover, much industrial production is organized in unincorporated or owner-operated ventures that are not captured by surveys aimed at the formal sector.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 32 values
| Year | Manufacturing, value added (% of GDP) |
|---|---|
| 2025 | 12.59 |
| 2024 | 13.43 |
| 2023 | 14.43 |
| 2022 | 14.44 |
| 2021 | 14.53 |
| 2020 | 13.97 |
| 2019 | 14.04 |
| 2018 | 13.85 |
| 2017 | 13.64 |
| 2016 | 14.14 |
| 2015 |
Manufacturing, value added (% of GDP) in nearby economies
- Antigua and Barbuda — 2.44% (2025)
- Argentina — 13.58% (2025)
- Aruba — 2.36% (2023)
- Bahamas, The — 0.63% (2024)
- Barbados — 4.95% (2024)
- Belize — 6.59% (2024)
- Bolivia — 13.07% (2024)
- Brazil — 11.77% (2025)
- Cayman Islands — 0.87% (2024)
- Chile — 8.95% (2025)
- Colombia
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 manufacturing, value added (% of GDP)?
- 12.59% in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1994?
- It is down 1.39 percentage points from 13.98% in 1994. The highest value was 14.83% in 2002 and the lowest 11.96% in 1999.
- How does Nicaragua rank?
- 58th highest of 132 economies with data for 2025.
- Is the latest change in manufacturing, value added (% of GDP) unusual for Nicaragua?
- In 2025, Nicaragua's manufacturing, value added (% of GDP) fell 0.84 percentage points on 2024 (from 13.43% to 12.59%). Across the 30 yearly changes before that (1995 to 2024), the average change was −0.02 percentage points and a typical year strayed about 0.54 percentage points from that (the standard deviation). This year's change was 1.5 standard deviations below 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 NV.IND.MANF.ZS, 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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