Taxes on income, profits and capital gains in Nicaragua
Nicaragua: Taxes on income, profits and capital gains was 44.5% 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 total taxes.
Analysis
Nicaragua recorded 44.5% for taxes on income, profits and capital gains in 2024.
The figure is down 1.9% on the previous year and up 19.0% over ten years.
Over the whole period, taxes on income, profits and capital gains in Nicaragua peaked at 45.5% in 2022 and was at its lowest, 9.4%, in 1994.
That places Nicaragua 51st out of 153 countries with data for 2024, putting it in the middle of the range.
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 total taxes | Change |
|---|---|---|
| 1990 | 22.3% | — |
| 1991 | 15.7% | -29.7% |
| 1992 | 17.2% | +10.0% |
| 1993 | 12.8% | -25.8% |
| 1994 | 9.4% | -26.3% |
| 1995 | 13.7% | +45.0% |
| 1996 | 14.8% | +8.5% |
| 1997 | 15.4% | +3.8% |
| 1998 | 15.0% | -2.6% |
| 1999 | 16.0% | +7.2% |
| 2000 | 17.1% | +6.7% |
| 2001 | 18.6% | +8.6% |
| 2002 | 20.8% | +12.0% |
| 2003 | 26.0% | +24.9% |
| 2004 | 28.2% | +8.6% |
| 2005 | 28.6% | +1.3% |
| 2006 | 29.4% | +2.8% |
| 2007 | 30.3% | +3.0% |
| 2008 | 32.2% | +6.5% |
| 2009 | 35.3% | +9.4% |
| 2010 | 32.6% | -7.4% |
| 2011 | 35.0% | +7.3% |
| 2012 | 35.2% | +0.6% |
| 2013 | 35.6% | +1.1% |
| 2014 | 37.4% | +5.0% |
| 2015 | 38.4% | +2.6% |
| 2016 | 39.5% | +3.0% |
| 2017 | 40.6% | +2.6% |
| 2018 | 45.3% | +11.7% |
| 2019 | 45.1% | -0.6% |
| 2020 | 43.7% | -3.1% |
| 2021 | 43.3% | -0.8% |
| 2022 | 45.5% | +5.1% |
| 2023 | 45.4% | -0.4% |
| 2024 | 44.5% | -1.9% |
Nicaragua compared with similar countries
- Nicaragua's 44.5% is above the median for lower middle income countries, which is 35.7%, 1.2× the median. (35 countries reporting)
- Nicaragua's 44.5% is above the median for Latin America & Caribbean, which is 36.0%, 1.2× 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 |
|---|---|---|---|
| 1995 | +45.0% | 9.4% | 13.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.2% | 9.4% | 22.3% | 10 |
| 2000s | 26.6% | 17.1% | 35.3% | 10 |
| 2010s | 38.5% | 32.6% | 45.3% | 10 |
| 2020s | 44.5% | 43.3% | 45.5% | 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 44.5% 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 45.5% in 2022.
- What is the lowest taxes on income, profits and capital gains recorded in Nicaragua?
- The lowest recorded value was 9.4% in 1994.
- How does Nicaragua rank for taxes on income, profits and capital gains?
- Nicaragua ranks 51st 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 19.0%. 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 total taxes). Statizoid updates them automatically from the source API.
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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 total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.