Domestic material consumption per unit of GDP, by type of raw material in Nicaragua
Nicaragua: Domestic material consumption per unit of GDP, by type of raw material was 4.85 in 2024. ▬ Flat
Latest (2024)
4.85
Change on year
down 0.4%
World rank
26th
of 224 countries
All-time high
5.42
in 2020
All-time low
4.38
in 2017
Years of data
25
2000–2024
Domestic material consumption per unit of GDP, by type of raw material in Nicaragua, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, domestic material consumption per unit of gdp, by type of raw material in Nicaragua stood at 4.85.
Compared with earlier readings it is down 0.4% on the previous year and down 0.2% over ten years.
Over the whole period, domestic material consumption per unit of gdp, by type of raw material in Nicaragua peaked at 5.42 in 2020 and was at its lowest, 4.38, in 2017.
Nicaragua ranks 26th of 224 countries on this measure, in the top quarter.
Domestic material consumption per unit of GDP, by type of raw material in Nicaragua, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.8 | — |
| 2001 | 4.61 | -3.9% |
| 2002 | 4.99 | +8.2% |
| 2003 | 5.28 | +5.7% |
| 2004 | 5.04 | -4.4% |
| 2005 | 4.92 | -2.5% |
| 2006 | 4.96 | +0.8% |
| 2007 | 4.75 | -4.1% |
| 2008 | 4.55 | -4.3% |
| 2009 | 4.81 | +5.7% |
| 2010 | 4.74 | -1.5% |
| 2011 | 4.99 | +5.4% |
| 2012 | 5.15 | +3.3% |
| 2013 | 5.08 | -1.5% |
| 2014 | 4.87 | -4.1% |
| 2015 | 4.7 | -3.4% |
| 2016 | 4.45 | -5.3% |
| 2017 | 4.38 | -1.6% |
| 2018 | 5.12 | +16.9% |
| 2019 | 5.4 | +5.4% |
| 2020 | 5.42 | +0.4% |
| 2021 | 5.17 | -4.7% |
| 2022 | 5.14 | -0.4% |
| 2023 | 5.04 | -2.0% |
| 2024 | 4.85 | -3.7% |
Nicaragua compared with similar countries
- Nicaragua's 4.85 is above the median for lower middle income countries, which is 2.79, 1.8× the median. (43 countries reporting)
- Nicaragua's 4.85 is above the median for Latin America & Caribbean, which is 1.08, 4.7× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.87 | 4.55 | 5.28 | 10 |
| 2010s | 4.89 | 4.38 | 5.4 | 10 |
| 2020s | 5.13 | 4.85 | 5.42 | 5 |
Countries ranked near Nicaragua
- 23 Lao People's Democratic Republic 5.46 compare
- 24 Mauritania 5.39 compare
- 25 Lao People's Democratic Republic 5.25 compare
- 27 Yemen 5.09 compare
- 28 Tajikistan 5.06 compare
- 29 Mozambique 4.99 compare
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 domestic material consumption per unit of gdp, by type of raw material in Nicaragua?
- Domestic material consumption per unit of gdp, by type of raw material in Nicaragua was 4.85 in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest domestic material consumption per unit of gdp, by type of raw material recorded in Nicaragua?
- The highest recorded value was 5.42 in 2020.
- What is the lowest domestic material consumption per unit of gdp, by type of raw material recorded in Nicaragua?
- The lowest recorded value was 4.38 in 2017.
- How does Nicaragua rank for domestic material consumption per unit of gdp, by type of raw material?
- Nicaragua ranks 26th out of 224 countries with data for 2024.
- Is domestic material consumption per unit of gdp, by type of raw material rising or falling in Nicaragua?
- Over the last ten years it is down 0.2%. The long-run trend across the full record is flat.
- Where does this Nicaragua data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Domestic material consumption per unit of GDP, by type of raw material (kilograms per constant 2020 United States dollars). Statizoid updates them automatically from the source API.
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