Nicaragua vs Oceania: Gross Domestic Product — Value US$, annual growth rate
Nicaragua
13.93 % change on previous year
in 2023
Oceania
3.27 % change on previous year
in 2024
Nicaragua rank
27th
Oceania rank
28th
Gross Domestic Product — Value US$, annual growth rate over time
- Nicaragua
- Oceania
How they compare
Nicaragua currently reports 13.93 % change on previous year against 3.27 % change on previous year in Oceania, a difference of 10.66 % change on previous year.
That makes Nicaragua's figure about 4.3 times Oceania's.
The two have swapped places 23 times across 53 shared years of data; in 1971 it was Oceania ahead.
Nicaragua ranks 27th and Oceania ranks 28th of 236 countries.
Across the 6 decades both report, Nicaragua averaged higher in 3 and Oceania in 3.
Head to head by decade
| Decade | Nicaragua | Oceania | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 9.48 % change on previous year | 14.79 % change on previous year | 5.31 % change on previous year | Oceania |
| 1980s | 4.6 % change on previous year | 8.23 % change on previous year | 3.63 % change on previous year | Oceania |
| 1990s | 3.58 % change on previous year | 3.19 % change on previous year | 0.3898 % change on previous year | Nicaragua |
| 2000s | 5.67 % change on previous year | 9.37 % change on previous year | 3.7 % change on previous year | Oceania |
| 2010s | 4.46 % change on previous year | 4.01 % change on previous year | 0.4476 % change on previous year | Nicaragua |
| 2020s | 8.99 % change on previous year | 6.51 % change on previous year | 2.48 % 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$, annual growth rate, Nicaragua or Oceania?
- Nicaragua, at 13.93 % change on previous year against 3.27 % change on previous year in Oceania as of 2023.
- What is the difference in gross domestic product — value us$, annual growth rate between Nicaragua and Oceania?
- 10.66 % change on previous year, with Nicaragua ahead.
- How many years of comparable data are there for Nicaragua and Oceania?
- 53 years are reported by both, from 1971 to 2023.
- How do Nicaragua and Oceania rank globally for gross domestic product — value us$, annual growth rate?
- Nicaragua ranks 27th and Oceania ranks 28th of 236 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Domestic Product — Value US$, 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.