Nicaragua Inflation Rate 2000-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Nicaragua inflation rate for 2023 was 8.39%, a 2.08% decline from 2022.
  • Nicaragua inflation rate for 2022 was 10.47%, a 5.54% increase from 2021.
  • Nicaragua inflation rate for 2021 was 4.93%, a 1.25% increase from 2020.
  • Nicaragua inflation rate for 2020 was 3.68%, a 1.69% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Ghana 38.11%
Egypt 33.88%
Lao PDR 31.23%
Pakistan 30.77%
Nigeria 24.66%
Sao Tome and Principe 21.26%
Sri Lanka 16.54%
Angola 13.64%
Moldova 13.42%
Ukraine 12.85%
Zambia 10.88%
Kyrgyz Republic 10.75%
Mongolia 10.35%
Bangladesh 9.88%
Tunisia 9.33%
Nicaragua 8.39%
Kenya 7.67%
Cameroon 7.38%
Honduras 6.66%
Lesotho 6.34%
Morocco 6.09%
Philippines 5.98%
Solomon Islands 5.89%
West Bank and Gaza 5.87%
India 5.65%
Mauritania 4.95%
Kosovo 4.94%
Republic of Congo 4.30%
Bhutan 4.23%
El Salvador 4.05%
Indonesia 3.67%
Vietnam 3.25%
Bolivia 2.58%
Georgia 2.49%
Papua New Guinea 2.30%
Cambodia 2.13%
Djibouti 1.50%
Nicaragua Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 8.39% -2.08%
2022 10.47% 5.54%
2021 4.93% 1.25%
2020 3.68% -1.69%
2019 5.38% 0.43%
2018 4.95% 1.10%
2017 3.85% 0.33%
2016 3.52% -0.47%
2015 4.00% -2.04%
2014 6.04% -1.10%
2013 7.14% -0.06%
2012 7.19% -0.89%
2011 8.08% 2.63%
2010 5.46% 1.77%
2009 3.69% -16.14%
2008 19.83% 8.70%
2007 11.13% 1.99%
2006 9.14% -0.46%
2005 9.60% 1.13%
2004 8.47% 3.17%
2003 5.30% 1.55%
2002 3.75% -2.24%
2001 5.99% -1.08%
2000 7.07% -1.08%