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Nicaragua — Health spending

Also known as healthcare spending, health expenditure, spending on health.

Health Spending (% of GDP) for Nicaragua, 2000–2023.

Latest value · 2023
8.30%
Health Spending (% of GDP) · % of GDP · +58.4% since 2000
Free for any use — attribution is the link itself.

Health spending for Nicaragua was 8.30% in 2023, according to the latest World Bank data. The series covers 24 years, from 2000 to 2023. The highest recorded value was 9.55% in 2021. The lowest was 5.24% in 2000 (about 1.6× the low point). Across that span the compound annual growth rate works out to 2.02% per year.

Nicaragua ranks 56 of 189 economies on this measure (1 = highest), putting it in the top 30%. The median for Latin America & Caribbean is 6.87%, so Nicaragua sits above it. It peaked in 2021 and has fallen 13% since. Over the last decade (2013–2023) the figure moved up 9%. Within Latin America & Caribbean it ranks 9 of 32 economies; Colombia (8.14%) is just below it. Its sharpest one-year move was up 12% in 2021.

Data highlights

Doubling roughly every 35 years at that pace.

World ranking. Climbed: 83rd of 184 in 2000 → 55th of 188 in 2010 → 59th of 189 in 2020 → 56th of 188 in 2023.

Adjacent in the latest world ranking (56 of 189): Panama (#55) · Ukraine (#57).

Key figures

Latest (2023)
8.30%
First (2000)
5.24%
Change
+58.4%
Highest
9.55%
in 2021
Lowest
5.24%
in 2000
Average
7.42%
Annual growth (CAGR)
2.02%
Years of data
24

Recent published years. 2023 — 8.3% · 2022 — 8.98% · 2021 — 9.55% · 2020 — 8.56% · 2019 — 8.5%.

Full history — 2000 to 2023

All 24 published years for this series, most recent first. Years the source does not publish are omitted rather than interpolated.

Nicaragua — Health spending
Year% of GDPChange
20238.3%-0.7 pp
20228.98%-0.6 pp
20219.55%+1.0 pp
20208.56%+0.1 pp
20198.5%+0.0 pp
20188.5%+0.2 pp
20178.33%+0.3 pp
20168.05%+0.1 pp
20157.96%-0.0 pp
20147.98%+0.3 pp
20137.64%+0.2 pp
20127.49%+0.0 pp
20117.45%-0.3 pp
20107.71%+0.0 pp
20097.69%+0.5 pp
20087.17%+0.2 pp
20076.96%+0.6 pp
20066.36%+0.1 pp
20056.22%+0.2 pp
20046.06%-0.0 pp
20036.08%+0.4 pp
20025.73%+0.2 pp
20015.48%+0.2 pp
20005.24%—
Reading this correctly. Current health expenditure as a share of GDP. Covers both public and private spending on health goods and services. Figures are in % of GDP. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Frequently asked questions

What was Nicaragua’s Health spending in 2001?

5.48% (2001). The full year-by-year table above lists every published year, most recent first.

Are changes in this series measured in percentage points?

Yes. The series is a share expressed in % of GDP, so year-over-year movements in the Change column are percentage points (pp), not percent.

Is Nicaragua’s Health spending growing or shrinking?

Between 2000 and 2023 the series was growing overall: +58.4% in total — about 2.0% a year compounded.

Where does this data come from?

World Bank Open Data (CC BY-4.0), indicator SH.XPD.CHEX.GD.ZS. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.

What are the most recent published figures?

The last five published years: 2023: 8.3%; 2022: 8.98%; 2021: 9.55%; 2020: 8.56%; 2019: 8.5%. Earlier years are in the full-history table below.

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Source. World Bank Open Data, indicator SH.XPD.CHEX.GD.ZS — Health Spending (% of GDP). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.
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