Africa vs Nicaragua: Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth
Africa
3.95 % change on previous year
in 2024
Nicaragua
12.09 % change on previous year
in 2023
Africa rank
15th
Nicaragua rank
16th
Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth over time
- Africa
- Nicaragua
How they compare
Nicaragua currently reports 12.09 % change on previous year against 3.95 % change on previous year in Africa, a difference of 8.14 % change on previous year.
That makes Nicaragua's figure about 3.1 times Africa's.
The two have swapped places 29 times across 53 shared years of data; in 1971 it was Africa ahead.
Africa ranks 15th and Nicaragua ranks 16th of 30 groups.
Across the 6 decades both report, Africa averaged higher in 3 and Nicaragua in 3.
Head to head by decade
| Decade | Africa | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 7.22 % change on previous year | -3.7 % change on previous year | 10.92 % change on previous year | Africa |
| 1980s | -2.19 % change on previous year | 16.58 % change on previous year | 18.77 % change on previous year | Nicaragua |
| 1990s | 3.05 % change on previous year | 8.38 % change on previous year | 5.33 % change on previous year | Nicaragua |
| 2000s | 5.62 % change on previous year | -0.6996 % change on previous year | 6.32 % change on previous year | Africa |
| 2010s | 3.39 % change on previous year | 2.98 % change on previous year | 0.408 % change on previous year | Africa |
| 2020s | 2.87 % change on previous year | 13.15 % change on previous year | 10.28 % change on previous year | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value us$, 2015 prices, annual growth, Africa or Nicaragua?
- Nicaragua, at 12.09 % change on previous year against 3.95 % change on previous year in Africa as of 2023.
- What is the difference in gross fixed capital formation — value us$, 2015 prices, annual growth between Africa and Nicaragua?
- 8.14 % change on previous year, with Nicaragua ahead.
- How many years of comparable data are there for Africa and Nicaragua?
- 53 years are reported by both, from 1971 to 2023.
- How do Africa and Nicaragua rank globally for gross fixed capital formation — value us$, 2015 prices, annual growth?
- Africa ranks 15th and Nicaragua ranks 16th of 30 groups.
- Where does this data come from?
- Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, 2015 prices, 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 Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.