Central America vs Nicaragua: Gross Domestic Product — Value US$, annual growth rate
Central America
3.99 % change on previous year
in 2024
Nicaragua
13.93 % change on previous year
in 2023
Central America rank
24th
Nicaragua rank
27th
Gross Domestic Product — Value US$, annual growth rate over time
- Central America
- Nicaragua
How they compare
Nicaragua currently reports 13.93 % change on previous year against 3.99 % change on previous year in Central America, a difference of 9.94 % change on previous year.
That makes Nicaragua's figure about 3.5 times Central America's.
The two have swapped places 20 times across 53 shared years of data; in 1971 it was Central America ahead.
Central America ranks 24th and Nicaragua ranks 27th of 30 groups.
Across the 6 decades both report, Central America averaged higher in 3 and Nicaragua in 3.
Head to head by decade
| Decade | Central America | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 16.22 % change on previous year | 9.48 % change on previous year | 6.73 % change on previous year | Central America |
| 1980s | 6.36 % change on previous year | 4.6 % change on previous year | 1.76 % change on previous year | Central America |
| 1990s | 9.71 % change on previous year | 3.58 % change on previous year | 6.13 % change on previous year | Central America |
| 2000s | 4.91 % change on previous year | 5.67 % change on previous year | 0.7585 % change on previous year | Nicaragua |
| 2010s | 4.12 % change on previous year | 4.46 % change on previous year | 0.3386 % change on previous year | Nicaragua |
| 2020s | 8.89 % change on previous year | 8.99 % change on previous year | 0.1012 % change on previous year | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product — value us$, annual growth rate, Central America or Nicaragua?
- Nicaragua, at 13.93 % change on previous year against 3.99 % change on previous year in Central America as of 2023.
- What is the difference in gross domestic product — value us$, annual growth rate between Central America and Nicaragua?
- 9.94 % change on previous year, with Nicaragua ahead.
- How many years of comparable data are there for Central America and Nicaragua?
- 53 years are reported by both, from 1971 to 2023.
- How do Central America and Nicaragua rank globally for gross domestic product — value us$, annual growth rate?
- Central America ranks 24th and Nicaragua ranks 27th of 30 groups.
- Where does this data come from?
- Statizoid (derived), published as Gross Domestic Product — Value US$, 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 US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.