Gross national savings — all countries

Gross national savings — Nicaragua

Gross national savings in Nicaragua in 2024 — 28.5%. Ranked 41 in the world out of 146. Since 1994, the indicator has risen by 33.1 pp.

2024 28.5% −1.4 pp vs 2023
World rank 41of 146
Period maximum 29.9%2023
Period minimum -4.7%1994

Trend over time

1994–2024 · % of GDP

Gross national savings — Nicaragua, 1994–2024-100102030199419972000200320062009201220152018202120241994: -4.7%1995: 3.3%1996: 4.9%1997: 7.5%1998: 11.8%1999: 13.7%2000: 10.4%2001: 9.7%2002: 8.6%2003: 9.7%2004: 13%2005: 14.2%2006: 15.1%2007: 15.2%2008: 16.5%2009: 14.6%2010: 15.9%2011: 19%2012: 19.3%2013: 17.9%2014: 20.6%2015: 23.5%2016: 22.5%2017: 22.4%2018: 22%2019: 23.6%2020: 23.8%2021: 19.8%2022: 18.1%2023: 29.9%2024: 28.5%
Change over the period: +33.1 pp Annual average: 1.1 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Nicaragua

Nicaragua 28.5%
World 26.1%
Central America computed 18.9%
Gross national savings — Nicaragua, by year Nicaragua All countries CSV XLSX
Year % Change, pp
2024 28.5 −1.4 pp
2023 29.9 +11.7 pp
2022 18.1 −1.6 pp
2021 19.8 −4 pp
2020 23.8 +0.2 pp
2019 23.6 +1.6 pp
2018 22 −0.4 pp
2017 22.4 −0.1 pp
2016 22.5 −1 pp
2015 23.5 +2.9 pp
2014 20.6 +2.7 pp
2013 17.9 −1.3 pp
2012 19.3 +0.2 pp
2011 19 +3.1 pp
2010 15.9 +1.2 pp
2009 14.6 −1.9 pp
2008 16.5 +1.4 pp
2007 15.2 +0 pp
2006 15.1 +0.9 pp
2005 14.2 +1.2 pp
2004 13 +3.3 pp
2003 9.7 +1.1 pp
2002 8.6 −1.1 pp
2001 9.7 −0.7 pp
2000 10.4 −3.3 pp
1999 13.7 +1.8 pp
1998 11.8 +4.3 pp
1997 7.5 +2.6 pp
1996 4.9 +1.7 pp
1995 3.3 +7.9 pp
1994 -4.7

Central America, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

Source: World Development Indicators (World Bank), license CC BY 4.0.