Inflation rates by country and year

0%5%9.9%14.9%19.8%
0%5%9.9%14.9%19.8%
20007.1%
20127.2%
20252.1%
Source: World Bank

Data: World Bank, annual %. For information only — not financial advice.

Year2025Inflation Rate2.1%

Behind the curve

Turning points in Nicaragua

  1. 2008↑ Upward pressure

    The world food price crisis — Wikipedia (opens in a new tab)

    Nicaragua imports much of its food and fuel, so the 2007–08 global price surge fed into domestic prices.

    Banco Central de Nicaragua
  2. 2018↕ Mixed effects

    The 2018 protests — Wikipedia (opens in a new tab)

    The 2018 political crisis disrupted activity and confidence, affecting prices and demand.

    Banco Central de Nicaragua
  3. 2022↑ Upward pressure

    The post-pandemic inflation surge — Wikipedia (opens in a new tab)

    Higher global food and energy prices lifted Nicaraguan inflation in 2022.

    Banco Central de Nicaragua

These are selected historical influences, not a complete account of inflation. An upward-pressure event can coincide with a peak when its inflationary effect has already occurred or when other forces begin pushing inflation lower. The markers show the years in which events occurred, although their effects may extend into later years.

What is the inflation in Nicaragua?

The annual inflation rate in Nicaragua was 2.1% in 2025, the most recent year in the World Bank dataset. That means prices rose 2.1% on average compared with the year before. Use the chart above to explore Nicaragua's full inflation history from 2000 to 2025, and to compare it with any other country.

How inflation in Nicaragua has changed

Inflation in Nicaragua peaked at 19.8% in 2008 and reached its lowest point at 2.1% in 2025. Averaged across the 26 years of available data (2000–2025), the rate has been 6.7% per year.

Frequently asked questions about inflation in Nicaragua

What is the current inflation rate in Nicaragua?

The latest available annual figure is 2.1% in 2025, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Nicaragua's statistical office.

What was the highest inflation rate in Nicaragua?

The highest annual inflation rate on record is 19.8%, reached in 2008.

What was the lowest inflation rate in Nicaragua?

The lowest annual inflation rate on record is 2.1%, recorded in 2025.

Where does the inflation data for Nicaragua come from?

All figures come from the World Bank's World Development Indicators (indicator FP.CPI.TOTL.ZG), which report annual consumer price inflation for more than 200 countries and territories from 1960 onward.