New Zealand vs Nicaragua: Gross domestic income
Gross domestic income over time
- New Zealand
- Nicaragua
How they compare
New Zealand currently reports 357.24 billion constant LCU against 260.78 billion constant LCU in Nicaragua, a difference of 96.46 billion constant LCU.
That makes New Zealand's figure about 1.4 times Nicaragua's.
The two have swapped places 2 times across 55 shared years of data; in 1970 it was New Zealand ahead.
New Zealand ranks 105th and Nicaragua ranks 107th of 179 countries.
New Zealand has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | New Zealand | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 107.45 billion constant LCU | 96.20 billion constant LCU | 11.24 billion constant LCU | New Zealand |
| 1980s | 127.44 billion constant LCU | 85.07 billion constant LCU | 42.37 billion constant LCU | New Zealand |
| 1990s | 153.24 billion constant LCU | 80.20 billion constant LCU | 73.04 billion constant LCU | New Zealand |
| 2000s | 217.64 billion constant LCU | 113.57 billion constant LCU | 104.08 billion constant LCU | New Zealand |
| 2010s | 284.97 billion constant LCU | 172.45 billion constant LCU | 112.53 billion constant LCU | New Zealand |
| 2020s | 347.87 billion constant LCU | 207.97 billion constant LCU | 139.91 billion constant LCU | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic income, New Zealand or Nicaragua?
- New Zealand, at 357.24 billion constant LCU against 260.78 billion constant LCU in Nicaragua as of 2024.
- What is the difference in gross domestic income between New Zealand and Nicaragua?
- 96.46 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 domestic income?
- New Zealand ranks 105th and Nicaragua ranks 107th of 179 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic income (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Real gross domestic income (real GDI) measures the purchasing power of the total incomes generated by domestic production. It is a concept that exists in real terms only. When the terms of trade change there may be a significant divergence between the movements of GDP in volume terms and real GDI. The difference between the change in GDP in volume terms and real GDI is generally described as the “trading gain” (or loss) or, to turn this round, the trading gain or loss from changes in the terms of trade is the difference between real GDI and GDP in volume terms. 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.