Nicaragua vs South America: Gross Domestic Product — Value US$, annual growth rate
Nicaragua
13.93 % change on previous year
in 2023
South America
2.44 % change on previous year
in 2024
Nicaragua rank
27th
South America rank
29th
Gross Domestic Product — Value US$, annual growth rate over time
- Nicaragua
- South America
How they compare
Nicaragua currently reports 13.93 % change on previous year against 2.44 % change on previous year in South America, a difference of 11.49 % change on previous year.
That makes Nicaragua's figure about 5.7 times South America's.
The two have swapped places 17 times across 53 shared years of data; in 1971 it was South America ahead.
Nicaragua ranks 27th and South America ranks 29th of 236 countries.
Across the 6 decades both report, Nicaragua averaged higher in 2 and South America in 4.
Head to head by decade
| Decade | Nicaragua | South America | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 9.48 % change on previous year | 15.56 % change on previous year | 6.07 % change on previous year | South America |
| 1980s | 4.6 % change on previous year | 4.88 % change on previous year | 0.2723 % change on previous year | South America |
| 1990s | 3.58 % change on previous year | 7.74 % change on previous year | 4.16 % change on previous year | South America |
| 2000s | 5.67 % change on previous year | 9.91 % change on previous year | 4.24 % change on previous year | South America |
| 2010s | 4.46 % change on previous year | 2.41 % change on previous year | 2.05 % change on previous year | Nicaragua |
| 2020s | 8.99 % change on previous year | 5.52 % change on previous year | 3.47 % 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$, annual growth rate, Nicaragua or South America?
- Nicaragua, at 13.93 % change on previous year against 2.44 % change on previous year in South America as of 2023.
- What is the difference in gross domestic product — value us$, annual growth rate between Nicaragua and South America?
- 11.49 % change on previous year, with Nicaragua ahead.
- How many years of comparable data are there for Nicaragua and South America?
- 53 years are reported by both, from 1971 to 2023.
- How do Nicaragua and South America rank globally for gross domestic product — value us$, annual growth rate?
- Nicaragua ranks 27th and South America ranks 29th of 236 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Domestic Product — Value US$, 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.