Nicaragua vs Somalia: Gross Domestic Product — Value US$, annual growth rate
Nicaragua
13.93 % change on previous year
in 2023
Somalia
14.01 % change on previous year
in 2024
Nicaragua rank
27th
Somalia rank
26th
Gross Domestic Product — Value US$, annual growth rate over time
- Nicaragua
- Somalia
How they compare
Somalia currently reports 14.01 % change on previous year against 13.93 % change on previous year in Nicaragua, a difference of 0.08 % change on previous year.
The two have swapped places 22 times across 53 shared years of data; in 1971 it was Nicaragua ahead.
Nicaragua ranks 27th and Somalia ranks 26th of 236 countries.
Across the 6 decades both report, Nicaragua averaged higher in 3 and Somalia in 3.
Head to head by decade
| Decade | Nicaragua | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 9.48 % change on previous year | 7.96 % change on previous year | 1.53 % change on previous year | Nicaragua |
| 1980s | 4.6 % change on previous year | 7.59 % change on previous year | 2.98 % change on previous year | Somalia |
| 1990s | 3.58 % change on previous year | 14.5 % change on previous year | 10.92 % change on previous year | Somalia |
| 2000s | 5.67 % change on previous year | 3.63 % change on previous year | 2.04 % change on previous year | Nicaragua |
| 2010s | 4.46 % change on previous year | 12.08 % change on previous year | 7.61 % change on previous year | Somalia |
| 2020s | 8.99 % change on previous year | 6.17 % change on previous year | 2.82 % 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$, annual growth rate, Nicaragua or Somalia?
- Somalia, at 14.01 % change on previous year against 13.93 % change on previous year in Nicaragua as of 2024.
- What is the difference in gross domestic product — value us$, annual growth rate between Nicaragua and Somalia?
- 0.08 % change on previous year, with Somalia ahead.
- How many years of comparable data are there for Nicaragua and Somalia?
- 53 years are reported by both, from 1971 to 2023.
- How do Nicaragua and Somalia rank globally for gross domestic product — value us$, annual growth rate?
- Nicaragua ranks 27th and Somalia ranks 26th of 236 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Domestic Product — Value US$, 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.