Montenegro vs Nicaragua: Gross National Income — Value Standard Local Currency, annual growth

Montenegro
16.38 % change on previous year
in 2023
Nicaragua
18.39 % change on previous year
in 2023
Montenegro rank
38th
Nicaragua rank
36th

Gross National Income — Value Standard Local Currency, annual growth over time

  • Montenegro
  • Nicaragua
0200400600197119972023

How they compare

Nicaragua currently reports 18.39 % change on previous year against 16.38 % change on previous year in Montenegro, a difference of 2.01 % change on previous year.

That makes Nicaragua's figure about 1.1 times Montenegro's.

The two have swapped places 10 times across 32 shared years of data; in 1992 it was Nicaragua ahead.

Montenegro ranks 38th and Nicaragua ranks 36th of 231 countries.

Across the 4 decades both report, Montenegro averaged higher in 1 and Nicaragua in 3.

Head to head by decade

Decade Montenegro Nicaragua Difference Ahead
1990s -5.26 % change on previous year 18.49 % change on previous year 23.76 % change on previous year Nicaragua
2000s 14.31 % change on previous year 11.77 % change on previous year 2.54 % change on previous year Montenegro
2010s 5.3 % change on previous year 9.62 % change on previous year 4.31 % change on previous year Nicaragua
2020s 9.93 % change on previous year 11.28 % change on previous year 1.35 % change on previous year Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross national income — value standard local currency, annual growth, Montenegro or Nicaragua?
Nicaragua, at 18.39 % change on previous year against 16.38 % change on previous year in Montenegro as of 2023.
What is the difference in gross national income — value standard local currency, annual growth between Montenegro and Nicaragua?
2.01 % change on previous year, with Nicaragua ahead.
How many years of comparable data are there for Montenegro and Nicaragua?
32 years are reported by both, from 1992 to 2023.
How do Montenegro and Nicaragua rank globally for gross national income — value standard local currency, annual growth?
Montenegro ranks 38th and Nicaragua ranks 36th of 231 countries.
Where does this data come from?
Statizoid (derived), published as Gross National Income — Value Standard Local Currency, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Montenegro vs Nicaragua: Gross National Income — Value Standard Local Currency, annual growth. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/compare/gross-national-income-value-standard-local-currency-annual-growth-rate/montenegro/nicaragua/

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About this data

Indicator
Gross National Income — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
232 places, 11,164 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.