Chemicals in Nicaragua
Nicaragua: Chemicals was 2.9% in 2024. ▼ Falling
Chemicals in Nicaragua, 1963–2024
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
Nicaragua recorded 2.9% for chemicals in 2024.
That represents a change of up 6.4% on the previous year and down 0.2% over ten years.
Over the whole period, chemicals in Nicaragua peaked at 11.6% in 1983 and was at its lowest, 2.5%, in 2022.
That places Nicaragua 134th out of 153 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 54 years of available data.
Chemicals in Nicaragua, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1963 | 5.4% | — |
| 1964 | 5.4% | +0.1% |
| 1965 | 5.3% | -1.0% |
| 1966 | 5.6% | +4.9% |
| 1967 | 5.6% | -0.1% |
| 1968 | 6.1% | +10.0% |
| 1969 | 7.0% | +14.5% |
| 1970 | 7.9% | +11.9% |
| 1971 | 7.0% | -10.9% |
| 1972 | 8.1% | +15.8% |
| 1973 | 9.0% | +10.9% |
| 1974 | 9.8% | +8.9% |
| 1975 | 8.8% | -10.7% |
| 1976 | 8.9% | +1.1% |
| 1977 | 9.4% | +6.6% |
| 1978 | 8.6% | -9.5% |
| 1979 | 9.7% | +13.1% |
| 1980 | 10.5% | +8.5% |
| 1981 | 10.8% | +2.6% |
| 1982 | 10.4% | -3.3% |
| 1983 | 11.6% | +11.1% |
| 1984 | 9.5% | -18.2% |
| 1985 | 8.1% | -14.8% |
| 1994 | 9.0% | +11.1% |
| 1995 | 7.7% | -14.6% |
| 1996 | 7.7% | +0.6% |
| 1997 | 7.7% | +0.4% |
| 1998 | 5.8% | -25.2% |
| 1999 | 5.7% | -0.8% |
| 2000 | 4.6% | -20.0% |
| 2001 | 5.4% | +16.7% |
| 2002 | 5.1% | -4.3% |
| 2003 | 4.4% | -14.1% |
| 2004 | 4.1% | -7.6% |
| 2005 | 3.5% | -13.3% |
| 2006 | 2.6% | -25.9% |
| 2007 | 3.0% | +13.1% |
| 2008 | 2.9% | -1.0% |
| 2009 | 3.0% | +2.3% |
| 2010 | 3.3% | +11.3% |
| 2011 | 3.6% | +6.5% |
| 2012 | 3.5% | -1.1% |
| 2013 | 3.2% | -9.2% |
| 2014 | 2.9% | -8.2% |
| 2015 | 3.1% | +4.9% |
| 2016 | 2.9% | -6.7% |
| 2017 | 2.8% | -2.0% |
| 2018 | 2.6% | -8.0% |
| 2019 | 2.5% | -2.1% |
| 2020 | 2.7% | +8.4% |
| 2021 | 2.6% | -5.0% |
| 2022 | 2.5% | -3.2% |
| 2023 | 2.8% | +9.1% |
| 2024 | 2.9% | +6.4% |
Nicaragua compared with similar countries
- Nicaragua's 2.9% is below the median for lower middle income countries, which is 6.5%, 45% of the median. (32 countries reporting)
- Nicaragua's 2.9% is below the median for Latin America & Caribbean, which is 12.9%, 23% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.8% | 5.3% | 7.0% | 7 |
| 1970s | 8.7% | 7.0% | 9.8% | 10 |
| 1980s | 10.1% | 8.1% | 11.6% | 6 |
| 1990s | 7.3% | 5.7% | 9.0% | 6 |
| 2000s | 3.9% | 2.6% | 5.4% | 10 |
| 2010s | 3.0% | 2.5% | 3.6% | 10 |
| 2020s | 2.7% | 2.5% | 2.9% | 5 |
Countries ranked near Nicaragua
More economy & growth data for Nicaragua
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.29 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 73.80 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0037 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 10.67 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.35 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 21.4 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0687 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 195.53 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 36.36 % change on previous year (2025)
Frequently asked questions
- What is chemicals in Nicaragua?
- Chemicals in Nicaragua was 2.9% in 2024, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest chemicals recorded in Nicaragua?
- The highest recorded value was 11.6% in 1983.
- What is the lowest chemicals recorded in Nicaragua?
- The lowest recorded value was 2.5% in 2022.
- How does Nicaragua rank for chemicals?
- Nicaragua ranks 134th out of 153 countries with data for 2024.
- Is chemicals rising or falling in Nicaragua?
- Over the last ten years it is down 0.2%. The long-run trend across the full record is falling.
- Where does this Nicaragua data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Chemicals (% of value added in manufacturing). Statizoid updates them automatically from the source API.
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About this data
Manufacturing of chemicals and chemical products includes industries classified in ISIC (Rev. 3) division 24. 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).