Taxes on income, profits and capital gains in Nicaragua
Nicaragua: Taxes on income, profits and capital gains was 41.3% in 2024. ▲ Rising
Taxes on income, profits and capital gains in Nicaragua, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for taxes on income, profits and capital gains in Nicaragua is 41.3%, measured in 2024.
Compared with earlier readings it is down 1.0% on the previous year and up 26.0% over ten years.
Over the whole period, taxes on income, profits and capital gains in Nicaragua peaked at 41.8% in 2023 and was at its lowest, 7.1%, in 1994.
That places Nicaragua 11th out of 153 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 35 years of available data.
Taxes on income, profits and capital gains in Nicaragua, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1990 | 17.8% | — |
| 1991 | 9.0% | -49.3% |
| 1992 | 13.4% | +49.2% |
| 1993 | 8.8% | -34.7% |
| 1994 | 7.1% | -18.5% |
| 1995 | 9.4% | +31.6% |
| 1996 | 10.7% | +14.2% |
| 1997 | 12.4% | +15.2% |
| 1998 | 12.4% | -0.2% |
| 1999 | 11.4% | -7.9% |
| 2000 | 12.5% | +10.2% |
| 2001 | 13.9% | +11.0% |
| 2002 | 16.0% | +14.6% |
| 2003 | 20.0% | +25.4% |
| 2004 | 21.7% | +8.7% |
| 2005 | 22.4% | +2.9% |
| 2006 | 22.5% | +0.7% |
| 2007 | 23.5% | +4.1% |
| 2008 | 25.9% | +10.4% |
| 2009 | 29.0% | +12.1% |
| 2010 | 27.5% | -5.4% |
| 2011 | 29.6% | +7.6% |
| 2012 | 30.0% | +1.3% |
| 2013 | 31.1% | +3.8% |
| 2014 | 32.8% | +5.5% |
| 2015 | 33.8% | +2.9% |
| 2016 | 34.5% | +2.3% |
| 2017 | 35.9% | +4.0% |
| 2018 | 40.4% | +12.5% |
| 2019 | 40.4% | -0.0% |
| 2020 | 39.2% | -2.8% |
| 2021 | 38.9% | -0.9% |
| 2022 | 41.6% | +7.1% |
| 2023 | 41.8% | +0.3% |
| 2024 | 41.3% | -1.0% |
Nicaragua compared with similar countries
- Nicaragua's 41.3% is above the median for lower middle income countries, which is 25.8%, 1.6× the median. (35 countries reporting)
- Nicaragua's 41.3% is above the median for Latin America & Caribbean, which is 25.4%, 1.6× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Taxes on income, profits and capital gains 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 |
|---|---|---|---|
| 1991 | -49.3% | 17.8% | 9.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.2% | 7.1% | 17.8% | 10 |
| 2000s | 20.7% | 12.5% | 29.0% | 10 |
| 2010s | 33.6% | 27.5% | 40.4% | 10 |
| 2020s | 40.6% | 38.9% | 41.8% | 5 |
Countries ranked near Nicaragua
More public sector data for Nicaragua
- Democracy, 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)
- Elected parliament, 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)
- Democracy 1 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is taxes on income, profits and capital gains in Nicaragua?
- Taxes on income, profits and capital gains in Nicaragua was 41.3% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Nicaragua?
- The highest recorded value was 41.8% in 2023.
- What is the lowest taxes on income, profits and capital gains recorded in Nicaragua?
- The lowest recorded value was 7.1% in 1994.
- How does Nicaragua rank for taxes on income, profits and capital gains?
- Nicaragua ranks 11th out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Nicaragua?
- Over the last ten years it is up 26.0%. 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 Taxes on income, profits and capital gains (% of revenue). 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 on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.