Laos vs Nicaragua: Gross Domestic Product — Value Standard Local Currency, annual growth
Laos
18.76 % change on previous year
in 2024
Nicaragua
15.73 % change on previous year
in 2023
Laos rank
24th
Nicaragua rank
27th
Gross Domestic Product — Value Standard Local Currency, annual growth over time
- Laos
- Nicaragua
How they compare
Laos currently reports 18.76 % change on previous year against 15.73 % change on previous year in Nicaragua, a difference of 3.03 % change on previous year.
That makes Laos's figure about 1.2 times Nicaragua's.
The two have swapped places 17 times across 49 shared years of data; in 1971 it was Nicaragua ahead.
Laos ranks 24th and Nicaragua ranks 27th of 218 countries.
Across the 6 decades both report, Laos averaged higher in 5 and Nicaragua in 1.
Head to head by decade
| Decade | Laos | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 31.49 % change on previous year | 15.45 % change on previous year | 16.04 % change on previous year | Laos |
| 1980s | 88.4 % change on previous year | 136.57 % change on previous year | 48.17 % change on previous year | Nicaragua |
| 1990s | 44.96 % change on previous year | 17.68 % change on previous year | 27.28 % change on previous year | Laos |
| 2000s | 17.17 % change on previous year | 11.56 % change on previous year | 5.61 % change on previous year | Laos |
| 2010s | 12.23 % change on previous year | 9.68 % change on previous year | 2.55 % change on previous year | Laos |
| 2020s | 13.24 % change on previous year | 11.59 % change on previous year | 1.65 % change on previous year | Laos |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product — value standard local currency, annual growth, Laos or Nicaragua?
- Laos, at 18.76 % change on previous year against 15.73 % change on previous year in Nicaragua as of 2024.
- What is the difference in gross domestic product — value standard local currency, annual growth between Laos and Nicaragua?
- 3.03 % change on previous year, with Laos ahead.
- How many years of comparable data are there for Laos and Nicaragua?
- 49 years are reported by both, from 1971 to 2023.
- How do Laos and Nicaragua rank globally for gross domestic product — value standard local currency, annual growth?
- Laos ranks 24th and Nicaragua ranks 27th of 218 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Domestic Product — Value Standard Local Currency, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.