GDP Deflator — Value Standard Local Currency, 2015 prices in Nicaragua
Nicaragua: GDP Deflator — Value Standard Local Currency, 2015 prices was 154.79 SLC in 2023. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in Nicaragua, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for gdp deflator — value standard local currency, 2015 prices in Nicaragua is 154.79 SLC, measured in 2023. That is the highest value across all 54 years on record.
The figure is up 10.7% on the previous year and up 80.5% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Nicaragua peaked at 154.79 SLC in 2023 and was at its lowest, 0 SLC, in 1970.
Nicaragua ranks 68th of 209 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value Standard Local Currency, 2015 prices in Nicaragua, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 0 SLC | — |
| 1971 | 0 SLC | +0.0% |
| 1972 | 0 SLC | +6.7% |
| 1973 | 0 SLC | +18.8% |
| 1974 | 0 SLC | +21.1% |
| 1975 | 0 SLC | +0.0% |
| 1976 | 0 SLC | +13.0% |
| 1977 | 0 SLC | +15.4% |
| 1978 | 0 SLC | +0.0% |
| 1979 | 0 SLC | +33.3% |
| 1980 | 0 SLC | +45.0% |
| 1981 | 0 SLC | +5.2% |
| 1982 | 0 SLC | +16.4% |
| 1983 | 0 SLC | +11.3% |
| 1984 | 0 SLC | +39.2% |
| 1985 | 0 SLC | +168.2% |
| 1986 | 0 SLC | +280.3% |
| 1987 | 0 SLC | +524.1% |
| 1988 | 0.0001 SLC | +13615.0% |
| 1989 | 0.0046 SLC | +4703.1% |
| 1990 | 0.3502 SLC | +7492.3% |
| 1991 | 10.93 SLC | +3020.9% |
| 1992 | 13.52 SLC | +23.7% |
| 1993 | 16.27 SLC | +20.4% |
| 1994 | 17.54 SLC | +7.8% |
| 1995 | 19.89 SLC | +13.4% |
| 1996 | 21.8 SLC | +9.6% |
| 1997 | 23.93 SLC | +9.8% |
| 1998 | 27.28 SLC | +14.0% |
| 1999 | 29.8 SLC | +9.2% |
| 2000 | 32.35 SLC | +8.6% |
| 2001 | 34.7 SLC | +7.2% |
| 2002 | 35.82 SLC | +3.2% |
| 2003 | 37.73 SLC | +5.3% |
| 2004 | 41.15 SLC | +9.1% |
| 2005 | 45.21 SLC | +9.9% |
| 2006 | 48.93 SLC | +8.2% |
| 2007 | 53.66 SLC | +9.7% |
| 2008 | 62.36 SLC | +16.2% |
| 2009 | 66.12 SLC | +6.0% |
| 2010 | 70.18 SLC | +6.1% |
| 2011 | 77.35 SLC | +10.2% |
| 2012 | 82.18 SLC | +6.2% |
| 2013 | 85.75 SLC | +4.3% |
| 2014 | 92.95 SLC | +8.4% |
| 2015 | 100 SLC | +7.6% |
| 2016 | 104.59 SLC | +4.6% |
| 2017 | 108.9 SLC | +4.1% |
| 2018 | 111.8 SLC | +2.7% |
| 2019 | 117.83 SLC | +5.4% |
| 2020 | 124.18 SLC | +5.4% |
| 2021 | 128.58 SLC | +3.5% |
| 2022 | 139.87 SLC | +8.8% |
| 2023 | 154.79 SLC | +10.7% |
Nicaragua compared with similar countries
- Nicaragua's 154.79 SLC is above the median for lower middle income countries, which is 154.79 SLC, 1.0× the median. (41 countries reporting)
- Nicaragua's 154.79 SLC is above the median for Latin America & Caribbean, which is 128.24 SLC, 1.2× the median. (37 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices in Nicaragua changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | +13615.0% | 0 SLC | 0.0001 SLC |
| 1990 | +7492.3% | 0.0046 SLC | 0.3502 SLC |
| 1989 | +4703.1% | 0.0001 SLC | 0.0046 SLC |
| 1991 | +3020.9% | 0.3502 SLC | 10.93 SLC |
| 1987 | +524.1% | 0 SLC | 0 SLC |
| 1986 | +280.3% | 0 SLC | 0 SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 SLC | 0 SLC | 0 SLC | 10 |
| 1980s | 0.0005 SLC | 0 SLC | 0.0046 SLC | 10 |
| 1990s | 18.13 SLC | 0.3502 SLC | 29.8 SLC | 10 |
| 2000s | 45.8 SLC | 32.35 SLC | 66.12 SLC | 10 |
| 2010s | 95.15 SLC | 70.18 SLC | 117.83 SLC | 10 |
| 2020s | 136.86 SLC | 124.18 SLC | 154.79 SLC | 4 |
Countries ranked near Nicaragua
- 65 South Africa 156.43 SLC compare
- 66 Namibia 155.42 SLC compare
- 67 Montenegro 155.12 SLC compare
- 69 Tajikistan 154.65 SLC compare
- 70 Serbia 153.94 SLC compare
- 71 Mauritania 152.53 SLC 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)
- SDRs holdings, US dollar, annual growth rate 4.16 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0168 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 53.46 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.8097 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0123 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 39.04 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -11.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.014 units per US$ of GDP (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Nicaragua?
- Gdp deflator — value standard local currency, 2015 prices in Nicaragua was 154.79 SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Nicaragua?
- The highest recorded value was 154.79 SLC in 2023.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Nicaragua?
- The lowest recorded value was 0 SLC in 1970.
- How does Nicaragua rank for gdp deflator — value standard local currency, 2015 prices?
- Nicaragua ranks 68th out of 209 countries with data for 2023.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Nicaragua?
- Over the last ten years it is up 80.5%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).