Macroscope
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Nicaragua

Latin America and the Caribbean

All indicators of the Macroscope base for Nicaragua, with sources. Below: what past UN and IMF releases projected and what actually happened.

Population
6.82M
persons, 1 July, 2023
Births
132k
births per year, 2023
Total fertility rate
2.22
children per woman, 2023
Internet users
61.4
% of population, 2024
Mobile cellular subscriptions
106
per 100 people, 2024
GDP per capita, PPP
7,933
constant 2021 international $, 2025
Urban population
59.4
% of population, 2025

What the data shows

Computed with the same code as the observations under the main chart and in the API (get_insights). Moving together in time does not prove a cause.

How the indicators changed

  • Fertility (TFR): 7.12 in 1950 → 2.22 in 2023 (−69%). The trend broke around 1975 and 2002: −0.02 → −0.14 → −0.03 a year.
  • Births: 72.1k in 1950 → 132k in 2023 (+83%). Peak: 153k in 1991; the latest value is 13% lower. The trend broke around 1983: direction reversed (+2.95k → −0.51k a year).
  • Population: 1.33M in 1950 → 6.82M in 2023 (×5.1).
  • Internet: 0% in 1990 → 61.4% in 2024 (+61 pp). Thresholds: above 10% since 2010, above 50% since 2021. Fastest growth in 2017–2022: 30.4% → 59.4%.
  • Urban share: 39.2% in 1960 → 59.4% in 2025 (+20 pp). Threshold: above 50% since 1977. The trend broke around 1971 and 1984: +0.85 → +0.34 → +0.17 a year.
  • GDP per person (PPP): 4,218 PPP dollars in 1990 → 7,933 PPP dollars in 2025 (+88%). Low: 3,934 PPP dollars in 1993; +102% since then.
  • GDP growth: on average −0.8% in the 1980s, 3.2% in the 1990s, 2.9% in the 2000s, 3.5% in the 2010s, 4.1% in the 2020s. Lowest: −12.4% in 1988; highest: 10.5% in 2021.
  • Inflation: on average 2,703.2% in the 1980s, 321.6% in the 1990s, 9.0% in the 2000s, 5.6% in the 2010s, 5.7% in the 2020s. Lowest: 2.1% in 2025; highest: 13,110% in 1987.

What changed at the same time

  • The fastest decline of "Fertility (TFR)" was in 1987–1997: 5.07 → 3.47. Over the same years: births 152k → 144k; population 3.88M → 4.81M; internet 0.2% (1997); urban share 52.9% → 54.8%; GDP per person (PPP) 4,408 PPP dollars (1997); GDP growth −0.7% → 4%; inflation 13,110% → 9.2%.
  • Over the last 10 years (2013–2023): fertility (TFR) 2.49 → 2.22; births 139k → 132k; population 5.98M → 6.82M; internet 15.5% → 60.3%; urban share 57.4% → 59.1%; GDP per person (PPP) 6,494 PPP dollars → 7,497 PPP dollars; GDP growth 4.9% → 4.4%; inflation 7.1% → 8.4%.

How the indicators relate

  • Fertility (TFR) and internet (1990–2023, 31 years): levels are noticeably related, in opposite directions (r = −0.67); year-to-year changes show no reliable link (r = −0.35).
  • Fertility (TFR) and urban share (1960–2023, 64 years): levels are strongly related, in opposite directions (r = −0.92); year-to-year changes show no reliable link (r = 0.66). This looks like a shared trend: both change over time, but not in step from year to year.
  • Fertility (TFR) and GDP per person (PPP) (1990–2023, 34 years): levels are strongly related, in opposite directions (r = −0.89); year-to-year changes show no reliable link (r = 0.09). This looks like a shared trend: both change over time, but not in step from year to year.

Forecasts vs actual

  • Fertility (TFR): past UN projections. The outcome was below the projection in 7 of 11 revisions (1998–2022) and above in 4; median gap −0.4%.
  • The UN 1998 projection expected today's level (2.22, 2023) only around 2029: reality is 6 years ahead of it.
  • The UN 2022 projection expected today's level (2.22, 2023) only around 2025: reality is 2 years ahead of it.
  • Fertility (TFR): UN 2024 projection (medium): 2050 — 1.86 (−16% vs 2023), 2100 — 1.72 (−23% vs 2023); low variant for 2100: 1.22.
  • Births: past UN projections. The outcome was below the projection in 7 of 11 revisions (1998–2022) and above in 4; median gap −0.9%.
  • The UN 2004 projection expected today's level (132k, 2023) only around 2032: reality is 9 years ahead of it.
  • The UN 2022 projection expected today's level (132k, 2023) only around 2031: reality is 8 years ahead of it.
  • Births: UN 2024 projection (medium): 2050 — 114k (−13% vs 2023), 2100 — 78.1k (−41% vs 2023); low variant for 2100: 26.8k.
  • Population: past UN projections. The outcome was below the projection in 9 of 12 revisions (1998–2022) and above in 3; median gap −1.4%.
  • The UN 1998 projection expected this level (6.82M) already around 2011: reality is 12 years behind it.
  • The UN 2019 projection expected this level (6.82M) already around 2022: reality is 1 year behind it.
  • Population: UN 2024 projection (medium): 2050 — 8.76M (+28% vs 2023), 2100 — 8.61M (+26% vs 2023); low variant for 2100: 5.54M.
  • GDP growth: IMF next-year forecasts (36 editions, 2007–2024). On average the outcome was 0.3 pp above the forecast; below it in 28% of cases; typical error ±2.8 pp. The biggest miss was for 2021: IMF, October 2020 expected −0.5%, the outcome was 10.5%.
  • GDP growth: latest IMF forecast (IMF, April 2026): 2026 — 3.8%, 2028 — 3.5%, 2031 — 3.5%.
  • Inflation: IMF next-year forecasts (36 editions, 2007–2024). On average the outcome was 0 pp below the forecast; below it in 67% of cases; typical error ±2.9 pp. The biggest miss was for 2008: IMF, April 2007 expected 5.2%, the outcome was 19.8%.
  • Inflation: latest IMF forecast (IMF, April 2026): 2026 — 3.5%, 2028 — 3%, 2031 — 3%.

UN projections vs actual

Solid line: actual data, UN WPP 2024 estimates to 2023, then national statistics where comparable with the UN. Dashed: medium variants of past UN revisions. The table shows what each revision expected for the latest year (or five-year period) with actual data.

Population

persons, 1 July
Nicaragua: PopulationActual 2023: 6.82M4M6M8M10M19902000201020202030
  • Actual
  • UN 1998
  • UN 2000
  • UN 2002
  • UN 2004
  • UN 2006
  • UN 2008
  • UN 2010
  • UN 2012
  • UN 2015
  • UN 2017
  • UN 2019
  • UN 2022
  • UN 2024, medium
ReleaseTarget periodHorizonExpectedActualActual vs expected
UN 1998202325 years8.42M6.82M−19%
UN 2000202323 years8.34M6.82M−18.2%
UN 2002202321 years8.06M6.82M−15.4%
UN 2004202319 years7.48M6.82M−8.8%
UN 2006202317 years6.93M6.82M−1.5%
UN 2008202315 years6.91M6.82M−1.3%
UN 2010202313 years6.81M6.82M+0.1%
UN 2012202311 years6.89M6.82M−1%
UN 201520238 years6.61M6.82M+3.2%
UN 201720236 years6.61M6.82M+3.3%
UN 201920234 years6.86M6.82M−0.5%
UN 202220231 year7.05M6.82M−3.2%

Births

births per year
Nicaragua: BirthsActual 2023: 132k100k120k140k160k180k200k19902000201020202030
  • Actual
  • UN 1998
  • UN 2000
  • UN 2002
  • UN 2004
  • UN 2006
  • UN 2008
  • UN 2010
  • UN 2012
  • UN 2015
  • UN 2017
  • UN 2019
  • UN 2022
  • UN 2024, medium
ReleaseTarget periodHorizonExpectedActualActual vs expected
UN 19982015–202020 years181k136k−24.6%
UN 20002015–202018 years178k136k−23.5%
UN 20022015–202016 years175k136k−22.4%
UN 20042015–202014 years152k136k−10.3%
UN 20062015–202012 years137k136k−0.9%
UN 20082015–202010 years137k136k−0.7%
UN 20102015–20208 years132k136k+3.1%
UN 20122015–20206 years135k136k+1.1%
UN 20152015–20202 years118k136k+15.2%
UN 20172015–20200 years118k136k+15.2%
UN 202220231 year138k132k−4.3%

Total fertility rate

children per woman
Nicaragua: Total fertility rateActual 2023: 2.221234519902000201020202030
  • Actual
  • UN 1998
  • UN 2000
  • UN 2002
  • UN 2004
  • UN 2006
  • UN 2008
  • UN 2010
  • UN 2012
  • UN 2015
  • UN 2017
  • UN 2019
  • UN 2022
  • UN 2024, medium
ReleaseTarget periodHorizonExpectedActualActual vs expected
UN 19982015–202020 years2.682.36−11.8%
UN 20002015–202018 years2.662.36−11.1%
UN 20022015–202016 years2.692.36−12.2%
UN 20042015–202014 years2.412.36−2%
UN 20062015–202012 years2.372.36−0.4%
UN 20082015–202010 years2.372.36−0.4%
UN 20102015–20208 years2.302.36+2.6%
UN 20122015–20206 years2.332.36+1.3%
UN 20152015–20202 years2.162.36+9.4%
UN 20172015–20200 years2.162.36+9.4%
UN 202220231 year2.252.22−1.5%

IMF forecasts vs actual

Solid line: actual values from the latest IMF edition (data get revised, so we use the newest). Dashed: April editions, current year and five years ahead. The table covers next-year forecasts from all editions: mean error shows bias, mean absolute error shows accuracy.

Real GDP growth

% per year
Nicaragua: Real GDP growthActual 2025: 4.9−10−50510152000200520102015202020252030
  • Actual (IMF)
  • WEO, April editions
IndicatorForecastsMean errorMean absolute errorActual below forecast
Real GDP growth36+0.3 pp2.8 pp28%
Inflation360 pp2.9 pp67%
Unemployment rate29−3.8 pp3.9 pp93%
Government gross debt26−8.1 pp11.7 pp65%

All indicators

Demography

Population

6.82M persons, 1 July latest value, 2023

Nicaragua: Population1950: 1.33M; 2023: 6.82M02M4M6M8M10M19501975200020252050

Population on 1 July. UN estimate to 2023, medium variant from 2024; past UN revisions for forecast checks.

Source: UN DESA, World Population Prospects 2024

Births

132k births per year latest value, 2023

Nicaragua: Births1950: 72.1k; 2023: 132k050k100k150k200k19501975200020252050

Live births per calendar year. UN WPP 2024 and national statistics (64 countries, 2015-2025).

Source: UN DESA, World Population Prospects 2024

Total fertility rate

2.22 children per woman latest value, 2023

Nicaragua: Total fertility rate1950: 7.12; 2023: 2.220.002.004.006.008.0019501975200020252050

Average number of children a woman would have at the age-specific fertility rates of the year.

Source: UN DESA, World Population Prospects 2024

Life expectancy at birth, women

77.4 years latest value, 2023

Nicaragua: Life expectancy at birth, women1950: 42; 2023: 77.402040608010019501975200020252050

Years a newborn girl would live at the mortality rates of the year (UN).

Source: UN DESA, World Population Prospects 2024

Life expectancy at birth, men

72.3 years latest value, 2023

Nicaragua: Life expectancy at birth, men1950: 39.3; 2023: 72.302040608019501975200020252050

Years a newborn boy would live at the mortality rates of the year (UN).

Source: UN DESA, World Population Prospects 2024

Median age

25.3 years latest value, 2023

Nicaragua: Median age1950: 16.5; 2023: 25.301020304019501975200020252050

Age that divides the population in two halves (UN).

Source: UN DESA, World Population Prospects 2024

Mean age of mothers at childbirth

26 years latest value, 2023

Nicaragua: Mean age of mothers at childbirth1950: 28.8; 2023: 26010203019501975200020252050

Mean age of mothers at the birth of their children of any order (UN).

Source: UN DESA, World Population Prospects 2024

Sex ratio at birth

103.5 boys per 100 girls latest value, 2023

Nicaragua: Sex ratio at birth1950: 103.5; 2023: 103.505010015019501975200020252050

Boys born per 100 girls born (UN).

Source: UN DESA, World Population Prospects 2024

Net migration

−8k persons per year latest value, 2023

Nicaragua: Net migration1950: −2.19k; 2023: −8k−50k−40k−30k−20k−10k019501975200020252050

Immigrants minus emigrants per year (UN estimate and projection).

Source: UN DESA, World Population Prospects 2024

Old-age dependency

9.4 persons 65+ per 100 aged 20-64 latest value, 2020

Nicaragua: Old-age dependency1950: 6.4; 2020: 9.4051015202519501975200020252050

Persons aged 65+ per 100 aged 20-64, every five years (UN).

Source: UN DESA, World Population Prospects 2024

Digitalisation

Internet users

61.4 % of population latest value, 2024

Nicaragua: Internet users1990: 0; 2024: 61.40204060801990199520002005201020152020

Share of individuals who used the Internet in the last three months from any device. ITU data.

Source: World Bank, World Development Indicators

Mobile cellular subscriptions

106 per 100 people latest value, 2024

Nicaragua: Mobile cellular subscriptions1960: 0; 2024: 1060501001501960197019801990200020102020

Active mobile cellular subscriptions per 100 people; can exceed 100 when people have several SIM cards. ITU data.

Source: World Bank, World Development Indicators

Fixed broadband subscriptions

5.8 subscriptions per 100 people latest value, 2024

Nicaragua: Fixed broadband subscriptions2000: 0; 2024: 5.8024620002005201020152020

Fixed subscriptions to high-speed Internet (256 kbit/s or more) per 100 people. ITU data.

Source: World Bank, World Development Indicators

Economy

GDP per capita, PPP

7,933 constant 2021 international $ latest value, 2025

Nicaragua: GDP per capita, PPP1990: 4,218; 2025: 7,93302,0004,0006,0008,00019901995200020052010201520202025

Gross domestic product per person at purchasing power parity, constant 2021 international dollars (World Bank, ICP).

Source: World Bank, World Development Indicators

Real GDP growth

4.9 % per year latest value, 2025

Nicaragua: Real GDP growth1980: 4.6; 2025: 4.905101519801990200020102020

Annual change of GDP at constant prices. Actual values and forecasts from IMF WEO editions.

Source: IMF World Economic Outlook, April 2026

Inflation

2.1 % per year, average latest value, 2025

Nicaragua: Inflation1980: 35.1; 2025: 2.105,00010,00015,00019801990200020102020

Change of the annual average consumer price index (IMF WEO).

Source: IMF World Economic Outlook, April 2026

Government gross debt

37.9 % of GDP latest value, 2024

Nicaragua: Government gross debt1997: 86.4; 2024: 37.905010015020002005201020152020

General government gross debt, percent of GDP (IMF WEO).

Source: IMF World Economic Outlook, April 2026

Unemployment rate

2.7 % of labour force latest value, 2025

Nicaragua: Unemployment rate1980: 13.4; 2025: 2.70510152019801990200020102020

Unemployed as a share of the labour force (IMF WEO; national definitions).

Source: IMF World Economic Outlook, April 2026

GDP per capita, US dollars

3,337 current US dollars latest value, 2025

Nicaragua: GDP per capita, US dollars1994: 898; 2025: 3,33701,0002,0003,0004,0001995200020052010201520202025

GDP per person in current US dollars at market exchange rates (IMF WEO).

Source: IMF World Economic Outlook, April 2026

Society

Urban population

59.4 % of population latest value, 2025

Nicaragua: Urban population1960: 39.2; 2025: 59.402040601960197019801990200020102020

Share of people living in urban areas as defined by national statistical offices (World Bank, from UN World Urbanization Prospects).

Source: World Bank, World Development Indicators

Tertiary enrolment, women

35.7 % gross latest value, 2023

Nicaragua: Tertiary enrolment, women1970: 2.6; 2023: 35.7010203040197019801990200020102020

Women enrolled in tertiary education as a share of women in the five-year age group after secondary school; can exceed 100 (UNESCO).

Source: World Bank, World Development Indicators

Women with upper secondary education

28.5 % of women 25+ latest value, 2014

Nicaragua: Women with upper secondary education2001: 15.3; 2014: 28.5010203020052010

Share of women aged 25+ who completed at least upper secondary education (UNESCO).

Source: World Bank, World Development Indicators

Life expectancy at birth

75.1 years latest value, 2024

Nicaragua: Life expectancy at birth1960: 46.4; 2024: 75.10204060801960197019801990200020102020

Life expectancy at birth, both sexes (World Bank, from UN and national statistics).

Source: World Bank, World Development Indicators

Same region: Latin America and the Caribbean