Nicaragua Tax Revenue to GDP

Central government tax revenue as a percentage of GDP.

Tax Revenue to GDP in Nicaragua increased to 20.09 percent of GDP in 2024 from 19.94 percent of GDP in 2023.

20.1%
▲ +0.1 pp2024 · previous 19.9%Annual · percent of GDP · Source: World Bank — World Development Indicators

Nicaragua Tax Revenue to GDP — History

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Nicaragua Tax Revenue to GDP — analysis in simple words

Latest reading

Tax Revenue to GDP in Nicaragua increased to 20.09 percent of GDP in 2024 from 19.94 percent of GDP in 2023.

It has risen in each of the last three years.

Recent trend

A year earlier (2023) it was 19.9%, so the latest figure is 0.1 percentage points higher.

Over the past five years the average was 19.1%, with a range from 17.0% to 20.1%. The latest value is above that five-year average.

Historical context

This data series starts in 1990 and has 35 annual observations. The latest reading is higher than 94% of all of them.

The highest value on record is 26.3% (1990) and the lowest is 9.0% (1994). The long-run average is 14.7%.

Compared with other countries

Among 142 economies with recent data, Nicaragua ranks 48th from the top. The median across all these economies is 17.0%, so Nicaragua is above the typical country.

Within Latin America & Caribbean (20 economies with data) it ranks 3rd; the regional median is 15.1%.

Statistics

Latest
20.1%2024
Previous
19.9%
5-year average
19.1%
Long-run average
14.7%since 1990
All-time high
26.3%1990
All-time low
9.0%1994
Observations
35Annual

Recent Data

PeriodValueChange
202420.1%▲ +0.1 pp
202319.9%▲ +0.1 pp
202219.9%▲ +1.0 pp
202118.8%▲ +1.8 pp
202017.0%▼ −0.4 pp
201917.4%▲ +1.7 pp
201815.7%▼ −0.9 pp
201716.6%▲ +0.4 pp
201616.2%▲ +0.6 pp
201515.6%▲ +0.3 pp
201415.3%▲ +0.3 pp
201315.0%▲ +0.0 pp
201215.0%▲ +0.5 pp
201114.5%▲ +0.8 pp
201013.7%▲ +0.5 pp
200913.1%▼ −0.1 pp
200813.2%▼ −0.7 pp
200713.9%▲ +0.2 pp
200613.7%▲ +0.8 pp
200512.9%▲ +0.7 pp
200412.2%▲ +0.5 pp
200311.7%▲ +1.3 pp
200210.4%▲ +0.6 pp
20019.8%▼ −0.8 pp
200010.6%▼ −0.1 pp
199910.7%▼ −0.3 pp
199811.0%▲ +0.4 pp
199710.6%▲ +1.1 pp
19969.5%▲ +0.1 pp
19959.4%

Tax Revenue to GDP — Nicaragua vs Peers

Latest available reading for each economy (periods may differ). Nicaragua highlighted.

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More Nicaragua indicators

Understanding Tax Revenue to GDP — a simple guide

What it measures

Central government tax revenue as a percentage of GDP.

How it is calculated

Central government tax collections ÷ GDP × 100.

Simple example

12% means central taxes equal 12% of GDP.

▲ When it is high or rising

Strong tax collection capacity.

▼ When it is low or falling

Weaker collection or a large informal economy.

Why it matters for the economy and markets

The tax-to-GDP ratio indicates fiscal capacity and the efficiency of tax collection.

How to read it

It excludes state/local taxes in federal countries, so it can understate total taxation.

Data source

World Bank — World Development Indicators (series GC.TAX.TOTL.GD.ZS), annual data from 1990 to 2024. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current tax revenue to gdp of Nicaragua?
Nicaragua tax revenue to gdp was 20.1% in 2024, compared with 19.9% in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest tax revenue to gdp of Nicaragua?
Since 1990, the highest reading was 26.3% (1990) and the lowest was 9.0% (1994).
What does tax revenue to gdp measure?
Central government tax revenue as a percentage of GDP.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.