Nicaragua vs Western Africa: Gross Fixed Capital Formation — Value US$, annual growth rate
Nicaragua
12.95 % change on previous year
in 2023
Western Africa
-31.89 % change on previous year
in 2024
Nicaragua rank
30th
Western Africa rank
30th
Gross Fixed Capital Formation — Value US$, annual growth rate over time
- Nicaragua
- Western Africa
How they compare
Nicaragua currently reports 12.95 % change on previous year against -31.89 % change on previous year in Western Africa, a difference of 44.84 % change on previous year.
The two have swapped places 21 times across 53 shared years of data; in 1971 it was Western Africa ahead.
Nicaragua ranks 30th and Western Africa ranks 30th of 235 countries.
Across the 6 decades both report, Nicaragua averaged higher in 3 and Western Africa in 3.
Head to head by decade
| Decade | Nicaragua | Western Africa | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 7.45 % change on previous year | 23.83 % change on previous year | 16.38 % change on previous year | Western Africa |
| 1980s | 30.05 % change on previous year | -11.06 % change on previous year | 41.1 % change on previous year | Nicaragua |
| 1990s | 7.43 % change on previous year | -0.1343 % change on previous year | 7.56 % change on previous year | Nicaragua |
| 2000s | 3.34 % change on previous year | 10.78 % change on previous year | 7.44 % change on previous year | Western Africa |
| 2010s | 3.67 % change on previous year | 7.4 % change on previous year | 3.73 % change on previous year | Western Africa |
| 2020s | 16.95 % change on previous year | 4.49 % change on previous year | 12.47 % 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$, annual growth rate, Nicaragua or Western Africa?
- Nicaragua, at 12.95 % change on previous year against -31.89 % change on previous year in Western Africa as of 2023.
- What is the difference in gross fixed capital formation — value us$, annual growth rate between Nicaragua and Western Africa?
- 44.84 % change on previous year, with Nicaragua ahead.
- How many years of comparable data are there for Nicaragua and Western Africa?
- 53 years are reported by both, from 1971 to 2023.
- How do Nicaragua and Western Africa rank globally for gross fixed capital formation — value us$, annual growth rate?
- Nicaragua ranks 30th and Western Africa ranks 30th of 235 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, 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.