New Zealand vs Nicaragua: Gross capital formation
Gross capital formation over time
- New Zealand
- Nicaragua
How they compare
New Zealand currently reports 80.47 billion constant LCU against 74.88 billion constant LCU in Nicaragua, a difference of 5.60 billion constant LCU.
That makes New Zealand's figure about 1.1 times Nicaragua's.
The two have swapped places 7 times across 55 shared years of data; in 1970 it was Nicaragua ahead.
New Zealand ranks 98th and Nicaragua ranks 99th of 170 countries.
Across the 6 decades both report, New Zealand averaged higher in 4 and Nicaragua in 2.
Head to head by decade
| Decade | New Zealand | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 19.83 billion constant LCU | 21.50 billion constant LCU | 1.67 billion constant LCU | Nicaragua |
| 1980s | 22.49 billion constant LCU | 24.57 billion constant LCU | 2.08 billion constant LCU | Nicaragua |
| 1990s | 28.85 billion constant LCU | 21.87 billion constant LCU | 6.98 billion constant LCU | New Zealand |
| 2000s | 48.41 billion constant LCU | 32.74 billion constant LCU | 15.67 billion constant LCU | New Zealand |
| 2010s | 64.87 billion constant LCU | 46.97 billion constant LCU | 17.91 billion constant LCU | New Zealand |
| 2020s | 83.02 billion constant LCU | 47.84 billion constant LCU | 35.18 billion constant LCU | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, New Zealand or Nicaragua?
- New Zealand, at 80.47 billion constant LCU against 74.88 billion constant LCU in Nicaragua as of 2024.
- What is the difference in gross capital formation between New Zealand and Nicaragua?
- 5.60 billion constant LCU, with New Zealand ahead.
- How many years of comparable data are there for New Zealand and Nicaragua?
- 55 years are reported by both, from 1970 to 2024.
- How do New Zealand and Nicaragua rank globally for gross capital formation?
- New Zealand ranks 98th and Nicaragua ranks 99th of 170 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.