Inflation in Nicaragua
Consumer price inflation in Nicaragua averaged 5.4% in the ten years to 2022, above the Central America and Caribbean regional average of 3.4%. The 2022 average figure was 10.5%. For more inflation information, visit our dedicated page.
Nicaragua Inflation Chart
Note: This chart displays Inflation Rate (CPI, annual variation in %) for Nicaragua from 2014 to 2023.
Source: Macrobond.
Nicaragua Inflation Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 5.4 | 3.7 | 4.9 | 10.5 | 8.4 |
| Inflation (CPI, ann. var. %, eop) | 6.1 | 2.9 | 7.2 | 11.6 | 5.6 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Nicaraguan inflation projections for the next ten years from a panel of 7 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Nicaraguan inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Nicaraguan inflation projections.
Want to get access to the full dataset of Nicaraguan inflation forecasts? Send an email to info@focus-economics.com.