Tax revenue (% of GDP) in Nicaragua
Nicaragua: Tax revenue (% of GDP) was 20.1% in 2024. ▲ Rising
Tax revenue in Nicaragua, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Nicaragua recorded 20.1% for tax revenue in 2024.
That represents a change of up 0.7% on the previous year and up 31.2% over ten years.
Over the whole period, tax revenue in Nicaragua peaked at 26.3% in 1990 and was at its lowest, 9.0%, in 1994.
Nicaragua ranks 53rd of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Tax revenue (% of GDP) in Nicaragua, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 26.3% | — |
| 1991 | 18.2% | -30.6% |
| 1992 | 19.8% | +8.8% |
| 1993 | 19.0% | -4.4% |
| 1994 | 9.0% | -52.6% |
| 1995 | 9.4% | +4.5% |
| 1996 | 9.5% | +1.0% |
| 1997 | 10.6% | +11.5% |
| 1998 | 11.0% | +4.2% |
| 1999 | 10.7% | -2.9% |
| 2000 | 10.6% | -0.7% |
| 2001 | 9.8% | -7.9% |
| 2002 | 10.4% | +6.0% |
| 2003 | 11.7% | +12.7% |
| 2004 | 12.2% | +4.0% |
| 2005 | 12.9% | +5.8% |
| 2006 | 13.7% | +6.1% |
| 2007 | 13.9% | +1.3% |
| 2008 | 13.2% | -4.8% |
| 2009 | 13.1% | -0.5% |
| 2010 | 13.7% | +4.1% |
| 2011 | 14.5% | +6.2% |
| 2012 | 15.0% | +3.4% |
| 2013 | 15.0% | +0.1% |
| 2014 | 15.3% | +2.0% |
| 2015 | 15.6% | +1.8% |
| 2016 | 16.2% | +3.7% |
| 2017 | 16.6% | +2.5% |
| 2018 | 15.7% | -5.3% |
| 2019 | 17.4% | +11.0% |
| 2020 | 17.0% | -2.4% |
| 2021 | 18.8% | +10.6% |
| 2022 | 19.9% | +5.5% |
| 2023 | 19.9% | +0.4% |
| 2024 | 20.1% | +0.7% |
Nicaragua compared with similar countries
- Nicaragua's 20.1% is above the median for lower middle income countries, which is 13.9%, 1.4× the median. (36 countries reporting)
- Nicaragua's 20.1% is above the median for Latin America & Caribbean, which is 15.9%, 1.3× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Tax revenue (% of GDP) in Nicaragua changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | -52.6% | 19.0% | 9.0% |
| 1991 | -30.6% | 26.3% | 18.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.4% | 9.0% | 26.3% | 10 |
| 2000s | 12.2% | 9.8% | 13.9% | 10 |
| 2010s | 15.5% | 13.7% | 17.4% | 10 |
| 2020s | 19.1% | 17.0% | 20.1% | 5 |
Countries ranked near Nicaragua
More public sector data for Nicaragua
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 13.00 million SIPRI trend indicator values (2019)
- Arms imports (SIPRI trend indicator values), per capita 2.01 SIPRI trend indicator values per person (2019)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.001 SIPRI trend indicator values per US$ of GDP (2019)
- Arms imports (SIPRI trend indicator values), annual growth rate -91.86 % change on previous year (2017)
Frequently asked questions
- What is tax revenue in Nicaragua?
- Tax revenue in Nicaragua was 20.1% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Nicaragua?
- The highest recorded value was 26.3% in 1990.
- What is the lowest tax revenue recorded in Nicaragua?
- The lowest recorded value was 9.0% in 1994.
- How does Nicaragua rank for tax revenue?
- Nicaragua ranks 53rd out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Nicaragua?
- Over the last ten years it is up 31.2%. The long-run trend across the full record is rising.
- Where does this Nicaragua data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Tax revenue (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.