Inflation Nicaragua 2008
Average inflation: 19.9%
Current Inflation
Inflation is very high at 19.9%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 23.9%. The lowest inflation was in December at 13.8%.
- Highest month
- August: 23.9%
- Lowest month
- December: 13.8%
- Difference
- 10.1 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 6.5% higher than the 5-year average of 13.4%. This approaches the highest level since records began (19.9% in 2008).
- 5-year average
- 13.4%
- 10-year average
- 13.4%
- All-time high (2008)
- 19.9%
- All-time low (2006)
- 9.2%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +8.8 percentage point.
- Change vs. previous year
- +8.8 percentage points
- Largest monthly swing
- August: +14.0 percentage points
ECB Target
Inflation is 17.9% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €119.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 17.3% | +8.2 |
| February | 18.4% | +9.6 |
| March | 18.9% | +9.6 |
| April | 19.4% | +10.5 |
| May | 21.7% | +13.0 |
| June | 23.1% | +13.6 |
| July | 23.6% | +13.8 |
| August | 23.9% | +14.0 |
| September | 22.8% | +11.2 |
| October | 20.3% | +7.0 |
| November | 15.4% | -1.9 |
| December | 13.8% | -3.1 |
| Average | 19.9% |
Data source
Data from WorldBank. Last updated: 06/01/2026.