Nicaragua Inflation Rate 2000-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Nicaragua inflation rate for 2022 was 10.47%, a 5.54% increase from 2021.
  • Nicaragua inflation rate for 2021 was 4.93%, a 1.25% increase from 2020.
  • Nicaragua inflation rate for 2020 was 3.68%, a 1.69% decline from 2019.
  • Nicaragua inflation rate for 2019 was 5.38%, a 0.43% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Sudan 138.81%
Sri Lanka 49.72%
Ghana 31.26%
Moldova 28.74%
Lao PDR 22.96%
Ukraine 20.18%
Pakistan 19.87%
Nigeria 18.85%
Sao Tome and Principe 18.01%
Mongolia 15.15%
Kyrgyz Republic 13.92%
Egypt 13.90%
Georgia 11.90%
Kosovo 11.58%
Uzbekistan 11.45%
Zambia 10.99%
Nicaragua 10.47%
Mauritania 9.53%
Honduras 9.09%
Tunisia 8.31%
Lesotho 8.27%
Bangladesh 7.70%
Kenya 7.66%
El Salvador 7.20%
India 6.70%
Morocco 6.66%
Cameroon 6.25%
Philippines 5.82%
Bhutan 5.64%
Solomon Islands 5.52%
Micronesia 5.41%
Cambodia 5.34%
Djibouti 5.18%
Indonesia 4.21%
Vietnam 3.16%
Republic of Congo 3.04%
Bolivia 1.75%
Nicaragua Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2022 10.47% 5.54%
2021 4.93% 1.25%
2020 3.68% -1.69%
2019 5.38% 0.43%
2018 4.95% 1.10%
2017 3.85% 0.33%
2016 3.52% -0.47%
2015 4.00% -2.04%
2014 6.04% -1.10%
2013 7.14% -0.06%
2012 7.19% -0.89%
2011 8.08% 2.63%
2010 5.46% 1.77%
2009 3.69% -16.14%
2008 19.83% 8.70%
2007 11.13% 1.99%
2006 9.14% -0.46%
2005 9.60% 1.13%
2004 8.47% 3.17%
2003 5.30% 1.55%
2002 3.75% -2.24%
2001 5.99% -1.08%
2000 7.07% -1.08%