Nicaragua - Inflation, consumer prices (annual %) 2000 - 2022
Nicaragua's inflation, consumer prices (annual %) is currently 10.47%, according to the most recent World Bank data for the country (2022).
Definition
The consumer price index gauges inflation by indicating the yearly percentage shift in the expenses for an average consumer to procure a collection of goods and services, which could either remain constant or alter at specified periods like annually; typically employing the Laspeyres formula.- Nicaragua's inflation, consumer prices (annual %) for 2022 was 10.467%, a 112.39% increase from 2021, with a +5 difference.
- In 2021 it was 4.928%, a 33.86% increase from 2020, with a +1 difference.
- In 2020 it was 3.682%, a -31.52% increase from 2019.
- In 2019 it was 5.376%, a 8.67% increase from 2018.
- In 2018 it was 4.947%, a 28.48% increase from 2017.
Measure: Percent
Average, Lowest, and Highest Recorded Values
The average inflation, consumer prices (annual %), value for Nicaragua is currently 6.8971% (average of years with recorded data) with a lowest recorded value of 3.5232% in 2016 and a highest value of 19.8262% in 2008.
Nicaragua's Inflation, consumer prices (annual %) - Historical Data
| Year | Inflation, consumer prices (annual %) | Average Growth Rate (%) |
|---|---|---|
| 2000 | 7.07% | |
| 2001 | 5.986% | -15.33% |
| 2002 | 3.75% | -37.35% |
| 2003 | 5.302% | 41.39% |
| 2004 | 8.47% | 59.74% |
| 2005 | 9.599% | 13.33% |
| 2006 | 9.14% | -4.78% |
| 2007 | 11.127% | 21.74% |
| 2008 | 19.826% | 78.18% |
| 2009 | 3.687% | -81.40% |
| 2010 | 5.455% | 47.96% |
| 2011 | 8.082% | 48.16% |
| 2012 | 7.194% | -11.00% |
| 2013 | 7.135% | -0.81% |
| 2014 | 6.036% | -15.41% |
| 2015 | 3.997% | -33.77% |
| 2016 | 3.523% | -11.86% |
| 2017 | 3.851% | 9.30% |
| 2018 | 4.947% | 28.48% |
| 2019 | 5.376% | 8.67% |
| 2020 | 3.682% | -31.52% |
| 2021 | 4.928% | 33.86% |
| 2022 | 10.467% | 112.39% |
Expand
Comparison with Countries in the Latin America & Caribbean Region.
Among countries in the same World Bank Latin America & Caribbean (LAC) region, Nicaragua comes in 5th with 10.467% inflation, consumer prices (annual %).
- Within the same region, Venezuela, RB comes in 1st with 254.949%, inflation, consumer prices (annual %).
- Suriname comes in 2nd with 52.446%.
- Haiti comes in 3rd with 33.984%.
- Chile comes in 4th with 11.644%.
- Jamaica comes in 6th with 10.35%.
- Colombia comes in 7th with 10.177%.
- Paraguay comes in 8th with 9.766%.
- Brazil comes in 9th with 9.28%.
- Uruguay comes in 10th with 9.104%.
- Honduras comes in 11th with 9.09%.
- Dominican Republic comes in 12th with 8.811%.
- Peru comes in 13th with 8.334%.
- Costa Rica comes in 14th with 8.275%.
- And Mexico comes in 15th with 7.896%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 10 Countries in the Latin America & Caribbean Region.
Top 10 Countries in the Latin America & Caribbean Region.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Venezuela, RB | 254.95% | 2016 |
| 2 | Suriname | 52.45% | 2022 |
| 3 | Haiti | 33.98% | 2022 |
| 4 | Chile | 11.64% | 2022 |
| 5 | Nicaragua | 10.47% | 2022 |
| 6 | Jamaica | 10.35% | 2022 |
| 7 | Colombia | 10.18% | 2022 |
| 8 | Paraguay | 9.77% | 2022 |
| 9 | Brazil | 9.28% | 2022 |
| 10 | Uruguay | 9.10% | 2022 |
Comparison with Countries in the Lower middle income Group.
Among countries in the same World Bank Lower middle income (LMI) group, Nicaragua comes in 20th with 10.467% inflation, consumer prices (annual %).
- Within the same income group, Pakistan comes in 10th with 19.874%, inflation, consumer prices (annual %).
- Nigeria comes in 11th with 18.847%.
- Sao Tome and Principe comes in 12th with 18.006%.
- Mongolia comes in 13th with 15.148%.
- Kyrgyz Republic comes in 14th with 13.923%.
- Egypt, Arab Rep. comes in 15th with 13.896%.
- Uzbekistan comes in 16th with 11.447%.
- Zambia comes in 17th with 10.993%.
- Samoa comes in 18th with 10.962%.
- Guinea comes in 19th with 10.493%.
- Senegal comes in 21st with 9.697%.
- Mauritania comes in 22nd with 9.525%.
- Algeria comes in 23rd with 9.266%.
- Honduras comes in 24th with 9.09%.
- Myanmar comes in 25th with 8.825%.
- Tunisia comes in 26th with 8.306%.
- Lesotho comes in 27th with 8.272%.
- Bangladesh comes in 28th with 7.697%.
- Kenya comes in 29th with 7.657%.
- And India comes in 30th with 6.699%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 14 Countries in the Lower middle income Group.
Top 14 Countries in the Lower middle income Group.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Lebanon | 154.756% | 2021 |
| 2 | Zimbabwe | 104.705% | 2022 |
| 3 | Sri Lanka | 49.721% | 2022 |
| 4 | Iran, Islamic Rep. | 43.389% | 2021 |
| 5 | Haiti | 33.984% | 2022 |
| 6 | Ghana | 31.256% | 2022 |
| 7 | Angola | 25.754% | 2021 |
| 8 | Lao PDR | 22.956% | 2022 |
| 9 | Ukraine | 20.184% | 2022 |
| 10 | Pakistan | 19.874% | 2022 |
| 11 | Nigeria | 18.847% | 2022 |
| 12 | Sao Tome and Principe | 18.006% | 2022 |
| 13 | Mongolia | 15.148% | 2022 |
| 14 | Kyrgyz Republic | 13.923% | 2022 |