Gross Domestic Product, GDP in millions constant 2021 international $ in Nicaragua
Nicaragua: Gross Domestic Product, GDP in millions constant 2021 international $ was 0.4251 units per square kilometre in 2023. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Nicaragua, 1991–2023
Source: Statizoid (derived). Measured in units per square kilometre.
Analysis
In 2023, gross domestic product, gdp in millions constant 2021 international $ in Nicaragua stood at 0.4251 units per square kilometre. That is the highest value across all 33 years on record.
Compared with earlier readings it is up 4.4% on the previous year and up 31.6% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Nicaragua peaked at 0.4251 units per square kilometre in 2023 and was at its lowest, 0.1456 units per square kilometre, in 1993.
That places Nicaragua 129th out of 186 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Nicaragua, year by year
| Year | units per square kilometre | Change |
|---|---|---|
| 1991 | 0.1456 units per square kilometre | — |
| 1992 | 0.1462 units per square kilometre | +0.4% |
| 1993 | 0.1456 units per square kilometre | -0.4% |
| 1994 | 0.1505 units per square kilometre | +3.3% |
| 1995 | 0.1594 units per square kilometre | +5.9% |
| 1996 | 0.1695 units per square kilometre | +6.3% |
| 1997 | 0.1762 units per square kilometre | +4.0% |
| 1998 | 0.1827 units per square kilometre | +3.7% |
| 1999 | 0.1956 units per square kilometre | +7.0% |
| 2000 | 0.2036 units per square kilometre | +4.1% |
| 2001 | 0.2096 units per square kilometre | +3.0% |
| 2002 | 0.2112 units per square kilometre | +0.8% |
| 2003 | 0.2165 units per square kilometre | +2.5% |
| 2004 | 0.228 units per square kilometre | +5.3% |
| 2005 | 0.2378 units per square kilometre | +4.3% |
| 2006 | 0.2477 units per square kilometre | +4.2% |
| 2007 | 0.2603 units per square kilometre | +5.1% |
| 2008 | 0.2692 units per square kilometre | +3.4% |
| 2009 | 0.2603 units per square kilometre | -3.3% |
| 2010 | 0.2718 units per square kilometre | +4.4% |
| 2011 | 0.289 units per square kilometre | +6.3% |
| 2012 | 0.3078 units per square kilometre | +6.5% |
| 2013 | 0.3229 units per square kilometre | +4.9% |
| 2014 | 0.3384 units per square kilometre | +4.8% |
| 2015 | 0.3546 units per square kilometre | +4.8% |
| 2016 | 0.3708 units per square kilometre | +4.6% |
| 2017 | 0.3879 units per square kilometre | +4.6% |
| 2018 | 0.3749 units per square kilometre | -3.4% |
| 2019 | 0.364 units per square kilometre | -2.9% |
| 2020 | 0.3559 units per square kilometre | -2.2% |
| 2021 | 0.3931 units per square kilometre | +10.5% |
| 2022 | 0.407 units per square kilometre | +3.6% |
| 2023 | 0.4251 units per square kilometre | +4.4% |
Nicaragua compared with similar countries
- Nicaragua's 0.4251 units per square kilometre is below the median for lower middle income countries, which is 0.4462 units per square kilometre, 95% of the median. (46 countries reporting)
- Nicaragua's 0.4251 units per square kilometre is below the median for Latin America & Caribbean, which is 1.25 units per square kilometre, 34% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1635 units per square kilometre | 0.1456 units per square kilometre | 0.1956 units per square kilometre | 9 |
| 2000s | 0.2344 units per square kilometre | 0.2036 units per square kilometre | 0.2692 units per square kilometre | 10 |
| 2010s | 0.3382 units per square kilometre | 0.2718 units per square kilometre | 0.3879 units per square kilometre | 10 |
| 2020s | 0.3953 units per square kilometre | 0.3559 units per square kilometre | 0.4251 units per square kilometre | 4 |
Countries ranked near Nicaragua
- 126 East Timor 0.4471 units per square kilometre compare
- 127 Myanmar 0.4452 units per square kilometre compare
- 128 Burundi 0.4417 units per square kilometre compare
- 130 North Korea 0.4244 units per square kilometre compare
- 131 Peru 0.4053 units per square kilometre compare
- 132 Senegal 0.4049 units per square kilometre 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 gross domestic product, gdp in millions constant 2021 international $ in Nicaragua?
- Gross domestic product, gdp in millions constant 2021 international $ in Nicaragua was 0.4251 units per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Nicaragua?
- The highest recorded value was 0.4251 units per square kilometre in 2023.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Nicaragua?
- The lowest recorded value was 0.1456 units per square kilometre in 1993.
- How does Nicaragua rank for gross domestic product, gdp in millions constant 2021 international $?
- Nicaragua ranks 129th out of 186 countries with data for 2023.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Nicaragua?
- Over the last ten years it is up 31.6%. The long-run trend across the full record is rising.
- Where does this Nicaragua data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) ÷ Land area (sq. km)
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.