Private credit by deposit money banks to GDP in Nicaragua

Nicaragua: Private credit by deposit money banks to GDP was 25.8% in 2021. ◆ Volatile

Latest (2021)
25.8%
Change on year
down 7.4%
World rank
128th
of 187 countries
All-time high
79.7%
in 1963
All-time low
5.1%
in 1989
Years of data
59
1963–2021

Private credit by deposit money banks to GDP in Nicaragua, 1963–2021

020406080196319922021

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

In 2021, private credit by deposit money banks to gdp in Nicaragua stood at 25.8%.

That represents a change of down 7.4% on the previous year and up 7.9% over ten years.

Over the whole period, private credit by deposit money banks to gdp in Nicaragua peaked at 79.7% in 1963 and was at its lowest, 5.1%, in 1989.

That places Nicaragua 128th out of 187 countries with data for 2021, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Private credit by deposit money banks to GDP in Nicaragua, year by year

Annual values for Private credit by deposit money banks to GDP (%) in Nicaragua, 1963 to 2021.
Year % Change
1963 79.7%
1964 69.5% -12.8%
1965 63.6% -8.4%
1966 60.2% -5.3%
1967 50.4% -16.3%
1968 42.9% -15.0%
1969 33.7% -21.3%
1970 27.9% -17.2%
1971 22.9% -18.0%
1972 18.8% -18.0%
1973 18.8% +0.3%
1974 19.4% +3.2%
1975 18.2% -6.6%
1976 18.7% +3.2%
1977 18.5% -1.4%
1978 20.9% +13.2%
1979 37.0% +76.6%
1980 37.2% +0.7%
1981 40.5% +8.8%
1982 42.6% +5.1%
1983 21.6% -49.3%
1984 13.5% -37.3%
1985 12.5% -7.8%
1986 12.5% +0.3%
1987 10.1% -19.1%
1988 12.0% +18.2%
1989 5.1% -57.3%
1990 11.0% +115.2%
1991 7.1% -35.3%
1992 10.5% +46.8%
1993 13.1% +24.9%
1994 15.7% +20.3%
1995 16.5% +5.4%
1996 12.9% -22.2%
1997 16.2% +25.7%
1998 19.8% +22.5%
1999 23.1% +16.8%
2000 23.5% +1.6%
2001 13.7% -41.9%
2002 15.1% +10.3%
2003 17.6% +16.9%
2004 19.6% +11.0%
2005 22.6% +15.2%
2006 26.4% +17.0%
2007 30.1% +14.2%
2008 28.1% -6.5%
2009 25.4% -9.8%
2010 24.3% -4.4%
2011 23.9% -1.3%
2012 26.7% +11.7%
2013 29.4% +9.8%
2014 31.2% +6.1%
2015 34.1% +9.5%
2016 36.7% +7.5%
2017 39.1% +6.5%
2018 36.0% -8.0%
2019 30.1% -16.4%
2020 27.9% -7.2%
2021 25.8% -7.4%

Nicaragua compared with similar countries

  • Nicaragua's 25.8% is above the median for lower middle income countries, which is 22.2%, 1.2× the median. (46 countries reporting)
  • Nicaragua's 25.8% is below the median for Latin America & Caribbean, which is 50.9%, 51% of the median. (33 countries reporting)

Biggest year-on-year movements

Years where Private credit by deposit money banks to GDP in Nicaragua changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1990 +115.2% 5.1% 11.0%

Averages by decade

DecadeAverage LowestHighest Years
1960s 57.1% 33.7% 79.7% 7
1970s 22.1% 18.2% 37.0% 10
1980s 20.8% 5.1% 42.6% 10
1990s 14.6% 7.1% 23.1% 10
2000s 22.2% 13.7% 30.1% 10
2010s 31.1% 23.9% 39.1% 10
2020s 26.9% 25.8% 27.9% 2

Countries ranked near Nicaragua

  1. 125 Romania 26.6% compare
  2. 126 Togo 26.6% compare
  3. 127 Kyrgyzstan 26.0% compare
  4. 129 Rwanda 25.2% compare
  5. 130 Algeria 25.0% compare
  6. 131 Belarus 24.6% compare

See the full ranking of 187 places →

More financial sector data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is private credit by deposit money banks to gdp in Nicaragua?
Private credit by deposit money banks to gdp in Nicaragua was 25.8% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest private credit by deposit money banks to gdp recorded in Nicaragua?
The highest recorded value was 79.7% in 1963.
What is the lowest private credit by deposit money banks to gdp recorded in Nicaragua?
The lowest recorded value was 5.1% in 1989.
How does Nicaragua rank for private credit by deposit money banks to gdp?
Nicaragua ranks 128th out of 187 countries with data for 2021.
Is private credit by deposit money banks to gdp rising or falling in Nicaragua?
Over the last ten years it is up 7.9%. The long-run trend across the full record is volatile.
Where does this Nicaragua data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks to GDP (%). Statizoid updates them automatically from the source API.

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Private credit by deposit money banks to GDP in Nicaragua. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 16 September 2026, from https://financial-sector.statizoid.com/stat/private-credit-by-deposit-money-banks-to-gdp-percent/nicaragua/

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About this data

Indicator
Private credit by deposit money banks to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,608 data points, 1960–2021
Last refreshed

Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).