Domestic credit to private sector in Nicaragua
Nicaragua: Domestic credit to private sector was 32.3% in 2024. ▲ Rising
Domestic credit to private sector in Nicaragua, 2001–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, domestic credit to private sector in Nicaragua stood at 32.3%.
Compared with earlier readings it is up 7.7% on the previous year and down 4.5% 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 115th out of 187 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 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 | 32.2% | -19.2% |
| 2020 | 29.8% | -7.5% |
| 2021 | 28.0% | -6.0% |
| 2022 | 29.7% | +6.0% |
| 2023 | 30.0% | +1.0% |
| 2024 | 32.3% | +7.7% |
Nicaragua compared with similar countries
- Nicaragua's 32.3% is above the median for lower middle income countries, which is 24.7%, 1.3× the median. (46 countries reporting)
- Nicaragua's 32.3% is below the median for Latin America & Caribbean, which is 45.9%, 70% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.1% | 13.7% | 33.0% | 9 |
| 2010s | 33.8% | 26.2% | 42.7% | 10 |
| 2020s | 30.0% | 28.0% | 32.3% | 5 |
Countries ranked near Nicaragua
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 32.3% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- 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 115th out of 187 countries with data for 2024.
- Is domestic credit to private sector rising or falling in Nicaragua?
- Over the last ten years it is down 4.5%. The long-run trend across the full record is rising.
- Where does this Nicaragua data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.