Africa vs Nicaragua: Gross Fixed Capital Formation — Value US$, annual growth rate
Africa
-6.42 % change on previous year
in 2024
Nicaragua
12.95 % change on previous year
in 2023
Africa rank
29th
Nicaragua rank
30th
Gross Fixed Capital Formation — Value US$, annual growth rate over time
- Africa
- Nicaragua
How they compare
Nicaragua currently reports 12.95 % change on previous year against -6.42 % change on previous year in Africa, a difference of 19.37 % change on previous year.
That makes Nicaragua's figure about 2.0 times Africa's.
The two have swapped places 21 times across 53 shared years of data; in 1971 it was Africa ahead.
Africa ranks 29th and Nicaragua ranks 30th 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 | 21.39 % change on previous year | 7.45 % change on previous year | 13.95 % change on previous year | Africa |
| 1980s | -5.03 % change on previous year | 30.05 % change on previous year | 35.07 % change on previous year | Nicaragua |
| 1990s | 1.36 % change on previous year | 7.43 % change on previous year | 6.07 % change on previous year | Nicaragua |
| 2000s | 12.51 % change on previous year | 3.34 % change on previous year | 9.17 % change on previous year | Africa |
| 2010s | 3.68 % change on previous year | 3.67 % change on previous year | 0.0092 % change on previous year | Africa |
| 2020s | 2 % change on previous year | 16.95 % change on previous year | 14.95 % 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$, annual growth rate, Africa or Nicaragua?
- Nicaragua, at 12.95 % change on previous year against -6.42 % change on previous year in Africa as of 2023.
- What is the difference in gross fixed capital formation — value us$, annual growth rate between Africa and Nicaragua?
- 19.37 % 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$, annual growth rate?
- Africa ranks 29th and Nicaragua ranks 30th of 30 groups.
- Where does this data come from?
- Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, 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 Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.