Nicaragua vs Nigeria: Gross Domestic Product — Value Standard Local Currency, annual growth

Nicaragua
15.73 % change on previous year
in 2023
Nigeria
18.37 % change on previous year
in 2024
Nicaragua rank
27th
Nigeria rank
25th

Gross Domestic Product — Value Standard Local Currency, annual growth over time

  • Nicaragua
  • Nigeria
0200400600197119972024

How they compare

Nigeria currently reports 18.37 % change on previous year against 15.73 % change on previous year in Nicaragua, a difference of 2.64 % change on previous year.

That makes Nigeria's figure about 1.2 times Nicaragua's.

The two have swapped places 15 times across 49 shared years of data; in 1971 it was Nicaragua ahead.

Nicaragua ranks 27th and Nigeria ranks 25th of 218 countries.

Across the 6 decades both report, Nicaragua averaged higher in 1 and Nigeria in 5.

Head to head by decade

Decade Nicaragua Nigeria Difference Ahead
1970s 15.45 % change on previous year 21.24 % change on previous year 5.79 % change on previous year Nigeria
1980s 136.57 % change on previous year 10.26 % change on previous year 126.3 % change on previous year Nicaragua
1990s 17.68 % change on previous year 33.88 % change on previous year 16.21 % change on previous year Nigeria
2000s 11.56 % change on previous year 23.38 % change on previous year 11.82 % change on previous year Nigeria
2010s 9.68 % change on previous year 13.01 % change on previous year 3.33 % change on previous year Nigeria
2020s 11.59 % change on previous year 12.71 % change on previous year 1.12 % change on previous year Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product — value standard local currency, annual growth, Nicaragua or Nigeria?
Nigeria, at 18.37 % 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 Nicaragua and Nigeria?
2.64 % change on previous year, with Nigeria ahead.
How many years of comparable data are there for Nicaragua and Nigeria?
49 years are reported by both, from 1971 to 2023.
How do Nicaragua and Nigeria rank globally for gross domestic product — value standard local currency, annual growth?
Nicaragua ranks 27th and Nigeria ranks 25th 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.

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Nicaragua vs Nigeria: Gross Domestic Product — Value Standard Local Currency, annual growth. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-value-standard-local-currency-annual-growth-rate/nicaragua/nigeria/

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About this data

Indicator
Gross Domestic Product — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
218 places, 10,731 data points, 1971–2024
Last refreshed

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.