Inflation Nicaragua 2021
Average inflation: 4.9%
Current Inflation
Inflation is high at 4.9%, well above the ECB target.
Peak and Trough
The highest inflation was in December at 7.2%. The lowest inflation was in January at 3.2%.
- Highest month
- December: 7.2%
- Lowest month
- January: 3.2%
- Difference
- 4.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 6.4%. The lowest price increase was in Energy with an average of 2.2%.
- Highest increase
- Food: 6.4%
- Lowest increase
- Energy: 2.2%
Historical Context
Current inflation is around the 5-year average of 4.6%. This approaches the highest level since records began (5.4% in 2019).
- 5-year average
- 4.6%
- 10-year average
- 4.4%
- All-time high (2019)
- 5.4%
- All-time low (2016)
- 3.5%
Trend
Inflation has remained relatively stable. Compared to 2020, the difference is minimal (+1.2 percentage point).
- Change vs. previous year
- +1.2 percentage points
- Largest monthly swing
- November: +4.5 percentage points
ECB Target
Inflation is 2.9% 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 €104.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | 3.2% | -3.2 |
| February | 3.8% | -2.6 |
| March | 4.1% | -0.3 |
| April | 4.4% | +1.2 |
| May | 4.0% | +1.1 |
| June | 3.9% | +0.3 |
| July | 4.1% | +0.7 |
| August | 5.0% | +2.1 |
| September | 5.9% | +3.1 |
| October | 6.4% | +3.7 |
| November | 7.1% | +4.5 |
| December | 7.2% | +4.3 |
| Average | 4.9% |
Data source
Data from WorldBank. Last updated: 06/01/2026.