Inflation Nicaragua 2020

Average inflation: 3.7%

Current Inflation

Inflation is high at 3.7%, well above the ECB target.

Peak and Trough

The highest inflation was in January at 6.4%. The lowest inflation was in November at 2.6%.

Highest month
January: 6.4%
Lowest month
November: 2.6%
Difference
3.8 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 4.7%. The lowest price increase was in Core inflation with an average of 3.6%.

Highest increase
Energy: 4.7%
Lowest increase
Core inflation: 3.6%

Historical Context

Current inflation is 0.6% lower than the 5-year average of 4.3%. This approaches the lowest level since records began (3.5% in 2016).

5-year average
4.3%
10-year average
5.4%
All-time high (2008)
19.9%
All-time low (2016)
3.5%

Trend

Inflation shows a downward trend. Compared to 2019, inflation has fallen by +1.7 percentage point.

Change vs. previous year
-1.7 percentage points
Largest monthly swing
August: -3.4 percentage points

ECB Target

Inflation is 1.7% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €103.70 next year at this inflation rate.

Multi-year trend

Monthly figures 2020

Month overview

Month Inflation Difference vs. 2019
January 6.4% +3.1
February 6.4% +3.0
March 4.4% -0.7
April 3.2% -2.6
May 2.9% -3.1
June 3.6% -2.0
July 3.4% -2.7
August 2.9% -3.4
September 2.8% -2.8
October 2.7% -2.7
November 2.6% -3.1
December 2.9% -3.2
Average 3.7%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also