Tax revenue in Nicaragua
Nicaragua: Tax revenue 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 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% |
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
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 13.00 million SIPRI trend indicator values (2019)
- Military expenditure (current USD), per capita 15.22 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0053 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.77 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 105.26 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 108.03 SIPRI trend indicator values per square kilometre (2019)
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.
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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.