Development of inflation rates in Nicaragua
The inflation rate for consumer prices in Nicaragua moved over the past 39 years between 3.5% and 10,205.0%. For 2019, an inflation rate of 5.4% was calculated.
During the observation period from 1980 to 2019, the average inflation rate was 708.1%
per year. Overall, the price increase was 11,197,184,584,596.52 %. An item that cost 100 Oro in 1980 was so charged 11,197,184,584,696.52 Oro in the beginning of 2020.
In only a very few countries, the price increase is that high. The rate of 10,205.0% in 1988 means, that compared to the previous year all prices have been increased by an average of 10,205.0%. In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.Back to overview: Nicaragua