Nicaragua vs Sub-Saharan Africa: Annual growth of the gross capital formation
Nicaragua
28.7%
in 2024
Sub-Saharan Africa
4.0%
in 2024
Nicaragua rank
10th
Sub-Saharan Africa rank
12th
Annual growth of the gross capital formation over time
- Nicaragua
- Sub-Saharan Africa
How they compare
Nicaragua currently reports 28.7% against 4.0% in Sub-Saharan Africa, a difference of 24.7%.
That makes Nicaragua's figure about 7.2 times Sub-Saharan Africa's.
The two have swapped places 13 times across 22 shared years of data; in 2003 it was Sub-Saharan Africa ahead.
Nicaragua ranks 10th and Sub-Saharan Africa ranks 12th of 174 countries.
Across the 3 decades both report, Nicaragua averaged higher in 1 and Sub-Saharan Africa in 2.
Head to head by decade
| Decade | Nicaragua | Sub-Saharan Africa | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.5% | 9.4% | 6.9% | Sub-Saharan Africa |
| 2010s | 2.5% | 4.6% | 2.0% | Sub-Saharan Africa |
| 2020s | 14.8% | 3.2% | 11.7% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher annual growth of the gross capital formation, Nicaragua or Sub-Saharan Africa?
- Nicaragua, at 28.7% against 4.0% in Sub-Saharan Africa as of 2024.
- What is the difference in annual growth of the gross capital formation between Nicaragua and Sub-Saharan Africa?
- 24.7%, with Nicaragua ahead.
- How many years of comparable data are there for Nicaragua and Sub-Saharan Africa?
- 22 years are reported by both, from 2003 to 2024.
- How do Nicaragua and Sub-Saharan Africa rank globally for annual growth of the gross capital formation?
- Nicaragua ranks 10th and Sub-Saharan Africa ranks 12th of 174 countries.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Annual growth of the gross capital formation (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.