Taxes on goods and services (current LCU), annual growth rate in Nicaragua
Nicaragua: Taxes on goods and services (current LCU), annual growth rate was 13.53 % change on previous year in 2024. ◆ Volatile
Taxes on goods and services (current LCU), annual growth rate in Nicaragua, 1992–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for taxes on goods and services (current lcu), annual growth rate in Nicaragua is 13.53 % change on previous year, measured in 2024.
The figure is down 16.9% on the previous year and up 3.0% over ten years.
Over the whole period, taxes on goods and services (current lcu), annual growth rate in Nicaragua peaked at 67.33 % change on previous year in 1995 and was at its lowest, -12.24 % change on previous year, in 2018.
Nicaragua ranks 58th of 156 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), annual growth rate in Nicaragua, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 39.44 % change on previous year | — |
| 1993 | 9.24 % change on previous year | -76.6% |
| 1994 | 19.8 % change on previous year | +114.4% |
| 1995 | 67.33 % change on previous year | +240.0% |
| 1996 | 17.27 % change on previous year | -74.4% |
| 1997 | 22.02 % change on previous year | +27.5% |
| 1998 | 17.63 % change on previous year | -19.9% |
| 1999 | 22.75 % change on previous year | +29.1% |
| 2000 | 10.79 % change on previous year | -52.6% |
| 2001 | -1.84 % change on previous year | -117.0% |
| 2002 | 9.74 % change on previous year | -630.7% |
| 2003 | 15.72 % change on previous year | +61.3% |
| 2004 | 16.48 % change on previous year | +4.9% |
| 2005 | 19.65 % change on previous year | +19.2% |
| 2006 | 18.86 % change on previous year | -4.0% |
| 2007 | 15.57 % change on previous year | -17.5% |
| 2008 | 11.54 % change on previous year | -25.8% |
| 2009 | -1.54 % change on previous year | -113.3% |
| 2010 | 19.36 % change on previous year | -1360.0% |
| 2011 | 19.2 % change on previous year | -0.8% |
| 2012 | 16.31 % change on previous year | -15.1% |
| 2013 | 8.87 % change on previous year | -45.6% |
| 2014 | 13.13 % change on previous year | +48.0% |
| 2015 | 12.33 % change on previous year | -6.1% |
| 2016 | 10.78 % change on previous year | -12.6% |
| 2017 | 10.49 % change on previous year | -2.6% |
| 2018 | -12.24 % change on previous year | -216.7% |
| 2019 | 14.86 % change on previous year | -221.3% |
| 2020 | 3.79 % change on previous year | -74.5% |
| 2021 | 26.58 % change on previous year | +602.0% |
| 2022 | 13.59 % change on previous year | -48.9% |
| 2023 | 16.29 % change on previous year | +19.8% |
| 2024 | 13.53 % change on previous year | -16.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 26.93 % change on previous year | 9.24 % change on previous year | 67.33 % change on previous year | 8 |
| 2000s | 11.5 % change on previous year | -1.84 % change on previous year | 19.65 % change on previous year | 10 |
| 2010s | 11.31 % change on previous year | -12.24 % change on previous year | 19.36 % change on previous year | 10 |
| 2020s | 14.75 % change on previous year | 3.79 % change on previous year | 26.58 % change on previous year | 5 |
Countries ranked near Nicaragua
- 55 Bosnia and Herzegovina 14.64 % change on previous year compare
- 56 Namibia 14.12 % change on previous year compare
- 57 North Macedonia 13.63 % change on previous year compare
- 59 United States of America 13.51 % change on previous year compare
- 60 Tunisia 13.15 % change on previous year compare
- 61 Iceland 13.12 % change on previous year compare
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 taxes on goods and services (current lcu), annual growth rate in Nicaragua?
- Taxes on goods and services (current lcu), annual growth rate in Nicaragua was 13.53 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), annual growth rate recorded in Nicaragua?
- The highest recorded value was 67.33 % change on previous year in 1995.
- What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in Nicaragua?
- The lowest recorded value was -12.24 % change on previous year in 2018.
- How does Nicaragua rank for taxes on goods and services (current lcu), annual growth rate?
- Nicaragua ranks 58th out of 156 countries with data for 2024.
- Is taxes on goods and services (current lcu), annual growth rate rising or falling in Nicaragua?
- Over the last ten years it is up 3.0%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.