Taxes on goods and services in Nicaragua
Nicaragua: Taxes on goods and services was 74.09 billion current LCU in 2024. ◆ Volatile
Taxes on goods and services in Nicaragua, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on goods and services in Nicaragua is 74.09 billion current LCU, measured in 2024. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 13.5% on the previous year and up 173.0% over ten years.
Over the whole period, taxes on goods and services in Nicaragua peaked at 74.09 billion current LCU in 2024 and was at its lowest, 18.18 million current LCU, in 1990.
Nicaragua ranks 82nd of 157 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 in Nicaragua, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 18.18 million current LCU | — |
| 1991 | 726.94 million current LCU | +3898.6% |
| 1992 | 1.01 billion current LCU | +39.4% |
| 1993 | 1.11 billion current LCU | +9.2% |
| 1994 | 1.33 billion current LCU | +19.8% |
| 1995 | 2.22 billion current LCU | +67.3% |
| 1996 | 2.60 billion current LCU | +17.3% |
| 1997 | 3.18 billion current LCU | +22.0% |
| 1998 | 3.74 billion current LCU | +17.6% |
| 1999 | 4.59 billion current LCU | +22.7% |
| 2000 | 5.08 billion current LCU | +10.8% |
| 2001 | 4.99 billion current LCU | -1.8% |
| 2002 | 5.47 billion current LCU | +9.7% |
| 2003 | 6.33 billion current LCU | +15.7% |
| 2004 | 7.38 billion current LCU | +16.5% |
| 2005 | 8.83 billion current LCU | +19.6% |
| 2006 | 10.49 billion current LCU | +18.9% |
| 2007 | 12.12 billion current LCU | +15.6% |
| 2008 | 13.52 billion current LCU | +11.5% |
| 2009 | 13.32 billion current LCU | -1.5% |
| 2010 | 15.89 billion current LCU | +19.4% |
| 2011 | 18.95 billion current LCU | +19.2% |
| 2012 | 22.04 billion current LCU | +16.3% |
| 2013 | 23.99 billion current LCU | +8.9% |
| 2014 | 27.14 billion current LCU | +13.1% |
| 2015 | 30.49 billion current LCU | +12.3% |
| 2016 | 33.77 billion current LCU | +10.8% |
| 2017 | 37.32 billion current LCU | +10.5% |
| 2018 | 32.75 billion current LCU | -12.2% |
| 2019 | 37.61 billion current LCU | +14.9% |
| 2020 | 39.04 billion current LCU | +3.8% |
| 2021 | 49.41 billion current LCU | +26.6% |
| 2022 | 56.12 billion current LCU | +13.6% |
| 2023 | 65.26 billion current LCU | +16.3% |
| 2024 | 74.09 billion current LCU | +13.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.05 billion current LCU | 18.18 million current LCU | 4.59 billion current LCU | 10 |
| 2000s | 8.75 billion current LCU | 4.99 billion current LCU | 13.52 billion current LCU | 10 |
| 2010s | 27.99 billion current LCU | 15.89 billion current LCU | 37.61 billion current LCU | 10 |
| 2020s | 56.79 billion current LCU | 39.04 billion current LCU | 74.09 billion current LCU | 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 taxes on goods and services in Nicaragua?
- Taxes on goods and services in Nicaragua was 74.09 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Nicaragua?
- The highest recorded value was 74.09 billion current LCU in 2024.
- What is the lowest taxes on goods and services recorded in Nicaragua?
- The lowest recorded value was 18.18 million current LCU in 1990.
- How does Nicaragua rank for taxes on goods and services?
- Nicaragua ranks 82nd out of 157 countries with data for 2024.
- Is taxes on goods and services rising or falling in Nicaragua?
- Over the last ten years it is up 173.0%. The long-run trend across the full record is volatile.
- 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.