Latvia vs Nicaragua: Machinery and transport equipment
Machinery and transport equipment over time
- Latvia
- Nicaragua
How they compare
Nicaragua currently reports 10.9% against 10.8% in Latvia, a difference of 0.1%.
The two have swapped places 1 time across 30 shared years of data; in 1994 it was Latvia ahead.
Latvia ranks 66th and Nicaragua ranks 65th of 149 countries.
Across the 4 decades both report, Latvia averaged higher in 3 and Nicaragua in 1.
Head to head by decade
| Decade | Latvia | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 11.3% | 0.7% | 10.7% | Latvia |
| 2000s | 9.8% | 2.8% | 7.0% | Latvia |
| 2010s | 14.7% | 10.0% | 4.6% | Latvia |
| 2020s | 8.9% | 11.6% | 2.7% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher machinery and transport equipment, Latvia or Nicaragua?
- Nicaragua, at 10.9% against 10.8% in Latvia as of 2024.
- What is the difference in machinery and transport equipment between Latvia and Nicaragua?
- 0.1%, with Nicaragua ahead.
- How many years of comparable data are there for Latvia and Nicaragua?
- 30 years are reported by both, from 1994 to 2023.
- How do Latvia and Nicaragua rank globally for machinery and transport equipment?
- Latvia ranks 66th and Nicaragua ranks 65th of 149 countries.
- Where does this data come from?
- International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as Machinery and transport equipment (% of value added in manufacturing). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).