Mongolia vs Nicaragua: Price level index
Price level index over time
- Mongolia
- Nicaragua
How they compare
Nicaragua currently reports 34.18 GDP against 34.18 GDP in Mongolia, a difference of 0 GDP.
The two have swapped places 4 times across 36 shared years of data; in 1990 it was Nicaragua ahead.
Mongolia ranks 153rd and Nicaragua ranks 152nd of 203 countries.
Across the 4 decades both report, Mongolia averaged higher in 1 and Nicaragua in 3.
Head to head by decade
| Decade | Mongolia | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 19.53 GDP | 39.94 GDP | 20.41 GDP | Nicaragua |
| 2000s | 18.9 GDP | 35.25 GDP | 16.36 GDP | Nicaragua |
| 2010s | 36.84 GDP | 37.02 GDP | 0.1829 GDP | Nicaragua |
| 2020s | 32 GDP | 31.48 GDP | 0.5157 GDP | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher price level index, Mongolia or Nicaragua?
- Nicaragua, at 34.18 GDP against 34.18 GDP in Mongolia as of 2025.
- What is the difference in price level index between Mongolia and Nicaragua?
- 0 GDP, with Nicaragua ahead.
- How many years of comparable data are there for Mongolia and Nicaragua?
- 36 years are reported by both, from 1990 to 2025.
- How do Mongolia and Nicaragua rank globally for price level index?
- Mongolia ranks 153rd and Nicaragua ranks 152nd of 203 countries.
- Where does this data come from?
- World Development Indicators, World Bank (WB), published as Price level index (GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The price level index (PLI) is the ratio of a purchasing power parity (PPP) conversion factor to the corresponding market exchange rate between two countries, expressed relative to a base country that is set equal to 100. For this series the base country is the United States. It provides a measure of the differences in price level between the country and the United States by indicating the number of units of the common currency (US dollars) needed to buy the same volume of the aggregation level in each country. At the level of GDP, the price level ratio provides a measure of the differences in the general price levels of countries.