Domestic credit to private sector in Nicaragua
Nicaragua: Domestic credit to private sector was 30.1% in 2020. ▲ Rising
Domestic credit to private sector in Nicaragua, 2001–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
In 2020, domestic credit to private sector in Nicaragua stood at 30.1%.
That represents a change of down 8.9% on the previous year and up 12.4% over ten years.
Over the whole period, domestic credit to private sector in Nicaragua peaked at 42.7% in 2017 and was at its lowest, 13.7%, in 2001.
That places Nicaragua 121st out of 187 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Domestic credit to private sector in Nicaragua, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2001 | 13.7% | — |
| 2002 | 15.1% | +10.3% |
| 2003 | 17.7% | +16.9% |
| 2004 | 19.6% | +11.1% |
| 2005 | 22.6% | +15.2% |
| 2006 | 26.5% | +17.0% |
| 2007 | 33.0% | +24.6% |
| 2008 | 31.4% | -4.8% |
| 2009 | 28.5% | -9.3% |
| 2010 | 26.8% | -5.9% |
| 2011 | 26.2% | -2.2% |
| 2012 | 28.7% | +9.6% |
| 2013 | 31.9% | +11.0% |
| 2014 | 33.9% | +6.2% |
| 2015 | 36.9% | +8.8% |
| 2016 | 38.6% | +4.7% |
| 2017 | 42.7% | +10.7% |
| 2018 | 39.9% | -6.7% |
| 2019 | 33.1% | -17.1% |
| 2020 | 30.1% | -8.9% |
Nicaragua compared with similar countries
- Nicaragua's 30.1% is above the median for lower middle income countries, which is 24.7%, 1.2× the median. (46 countries reporting)
- Nicaragua's 30.1% is below the median for Latin America & Caribbean, which is 54.3%, 55% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.1% | 13.7% | 33.0% | 9 |
| 2010s | 33.9% | 26.2% | 42.7% | 10 |
| 2020s | 30.1% | 30.1% | 30.1% | 1 |
Countries ranked near Nicaragua
- 118 Solomon Islands 32.4% compare
- 119 Kenya 32.1% compare
- 120 Dominican Republic 30.5% compare
- 122 Venezuela, Bolivarian Republic of 29.9% compare
- 123 Algeria 29.7% compare
- 124 Senegal 29.4% compare
More financial sector data for Nicaragua
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 6.35 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 4.64 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 6.35 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector in Nicaragua?
- Domestic credit to private sector in Nicaragua was 30.1% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Nicaragua?
- The highest recorded value was 42.7% in 2017.
- What is the lowest domestic credit to private sector recorded in Nicaragua?
- The lowest recorded value was 13.7% in 2001.
- How does Nicaragua rank for domestic credit to private sector?
- Nicaragua ranks 121st out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Nicaragua?
- Over the last ten years it is up 12.4%. The long-run trend across the full record is rising.
- Where does this Nicaragua data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.