Gross domestic product (GDP), per unit of GDP (Bolt) in Nicaragua
Nicaragua: Gross domestic product (GDP), per unit of GDP (Bolt) was 2.1 international-$ in 2011 prices per US$ of GDP in 2022. ◆ Volatile
Latest (2022)
2.1 international-$ in 2011 prices per US$ of GDP
Change on year
down 5.7%
World rank
40th
of 163 countries
All-time high
20.88 international-$ in 2011 prices per US$ of GDP
in 1963
All-time low
2.1 international-$ in 2011 prices per US$ of GDP
in 2022
Years of data
63
1960–2022
Gross domestic product (GDP), per unit of GDP in Nicaragua, 1960–2022
Source: Statizoid (derived). Measured in international-$ in 2011 prices per US$ of GDP.
Analysis
The most recent figure for gross domestic product (gdp), per unit of gdp in Nicaragua is 2.1 international-$ in 2011 prices per US$ of GDP, measured in 2022. That is the lowest value across all 63 years on record.
The figure is down 5.7% on the previous year and down 11.9% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Nicaragua peaked at 20.88 international-$ in 2011 prices per US$ of GDP in 1963 and was at its lowest, 2.1 international-$ in 2011 prices per US$ of GDP, in 2022.
That places Nicaragua 40th out of 163 countries with data for 2022, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), per unit of GDP (Bolt) in Nicaragua, year by year
| Year | international-$ in 2011 prices per US$ of GDP | Change |
|---|---|---|
| 1960 | 20.68 international-$ in 2011 prices per US$ of GDP | — |
| 1961 | 20.68 international-$ in 2011 prices per US$ of GDP | -0.0% |
| 1962 | 20.8 international-$ in 2011 prices per US$ of GDP | +0.6% |
| 1963 | 20.88 international-$ in 2011 prices per US$ of GDP | +0.4% |
| 1964 | 19.98 international-$ in 2011 prices per US$ of GDP | -4.3% |
| 1965 | 13.46 international-$ in 2011 prices per US$ of GDP | -32.6% |
| 1966 | 12.92 international-$ in 2011 prices per US$ of GDP | -4.0% |
| 1967 | 12.77 international-$ in 2011 prices per US$ of GDP | -1.2% |
| 1968 | 12.28 international-$ in 2011 prices per US$ of GDP | -3.8% |
| 1969 | 12.1 international-$ in 2011 prices per US$ of GDP | -1.5% |
| 1970 | 11.77 international-$ in 2011 prices per US$ of GDP | -2.7% |
| 1971 | 11.6 international-$ in 2011 prices per US$ of GDP | -1.4% |
| 1972 | 11.29 international-$ in 2011 prices per US$ of GDP | -2.7% |
| 1973 | 9.54 international-$ in 2011 prices per US$ of GDP | -15.5% |
| 1974 | 7.72 international-$ in 2011 prices per US$ of GDP | -19.0% |
| 1975 | 7.59 international-$ in 2011 prices per US$ of GDP | -1.7% |
| 1976 | 6.86 international-$ in 2011 prices per US$ of GDP | -9.6% |
| 1977 | 6.02 international-$ in 2011 prices per US$ of GDP | -12.3% |
| 1978 | 5.85 international-$ in 2011 prices per US$ of GDP | -2.8% |
| 1979 | 5.84 international-$ in 2011 prices per US$ of GDP | -0.2% |
| 1980 | 4.46 international-$ in 2011 prices per US$ of GDP | -23.5% |
| 1981 | 4.08 international-$ in 2011 prices per US$ of GDP | -8.7% |
| 1982 | 4.07 international-$ in 2011 prices per US$ of GDP | -0.1% |
| 1983 | 3.8 international-$ in 2011 prices per US$ of GDP | -6.7% |
| 1984 | 3.3 international-$ in 2011 prices per US$ of GDP | -13.1% |
| 1985 | 3.68 international-$ in 2011 prices per US$ of GDP | +11.4% |
| 1986 | 3.39 international-$ in 2011 prices per US$ of GDP | -7.9% |
| 1987 | 2.52 international-$ in 2011 prices per US$ of GDP | -25.6% |
| 1988 | 3.23 international-$ in 2011 prices per US$ of GDP | +28.2% |
| 1989 | 8.25 international-$ in 2011 prices per US$ of GDP | +155.2% |
| 1990 | 8.27 international-$ in 2011 prices per US$ of GDP | +0.3% |
| 1991 | 5.7 international-$ in 2011 prices per US$ of GDP | -31.1% |
| 1992 | 4.84 international-$ in 2011 prices per US$ of GDP | -15.1% |
| 1993 | 5 international-$ in 2011 prices per US$ of GDP | +3.5% |
| 1994 | 2.39 international-$ in 2011 prices per US$ of GDP | -52.2% |
| 1995 | 2.41 international-$ in 2011 prices per US$ of GDP | +0.6% |
| 1996 | 2.5 international-$ in 2011 prices per US$ of GDP | +4.0% |
| 1997 | 2.6 international-$ in 2011 prices per US$ of GDP | +3.9% |
| 1998 | 2.6 international-$ in 2011 prices per US$ of GDP | -0.0% |
| 1999 | 2.7 international-$ in 2011 prices per US$ of GDP | +4.0% |
| 2000 | 2.72 international-$ in 2011 prices per US$ of GDP | +0.7% |
| 2001 | 2.72 international-$ in 2011 prices per US$ of GDP | +0.1% |
| 2002 | 2.86 international-$ in 2011 prices per US$ of GDP | +5.1% |
| 2003 | 2.93 international-$ in 2011 prices per US$ of GDP | +2.4% |
| 2004 | 2.89 international-$ in 2011 prices per US$ of GDP | -1.5% |
| 2005 | 2.81 international-$ in 2011 prices per US$ of GDP | -2.7% |
| 2006 | 2.78 international-$ in 2011 prices per US$ of GDP | -0.9% |
| 2007 | 2.72 international-$ in 2011 prices per US$ of GDP | -2.3% |
| 2008 | 2.49 international-$ in 2011 prices per US$ of GDP | -8.5% |
| 2009 | 2.52 international-$ in 2011 prices per US$ of GDP | +1.3% |
| 2010 | 2.51 international-$ in 2011 prices per US$ of GDP | -0.5% |
| 2011 | 2.43 international-$ in 2011 prices per US$ of GDP | -3.1% |
| 2012 | 2.38 international-$ in 2011 prices per US$ of GDP | -2.0% |
| 2013 | 2.39 international-$ in 2011 prices per US$ of GDP | +0.3% |
| 2014 | 2.31 international-$ in 2011 prices per US$ of GDP | -3.3% |
| 2015 | 2.25 international-$ in 2011 prices per US$ of GDP | -2.3% |
| 2016 | 2.25 international-$ in 2011 prices per US$ of GDP | -0.0% |
| 2017 | 2.26 international-$ in 2011 prices per US$ of GDP | +0.4% |
| 2018 | 2.3 international-$ in 2011 prices per US$ of GDP | +1.8% |
| 2019 | 2.29 international-$ in 2011 prices per US$ of GDP | -0.4% |
| 2020 | 2.25 international-$ in 2011 prices per US$ of GDP | -2.0% |
| 2021 | 2.22 international-$ in 2011 prices per US$ of GDP | -1.2% |
| 2022 | 2.1 international-$ in 2011 prices per US$ of GDP | -5.7% |
Nicaragua compared with similar countries
- Nicaragua's 2.1 international-$ in 2011 prices per US$ of GDP is above the median for lower middle income countries, which is 1.87 international-$ in 2011 prices per US$ of GDP, 1.1× the median. (41 countries reporting)
- Nicaragua's 2.1 international-$ in 2011 prices per US$ of GDP is above the median for Latin America & Caribbean, which is 1.39 international-$ in 2011 prices per US$ of GDP, 1.5× the median. (26 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), per unit of GDP (Bolt) 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 |
|---|---|---|---|
| 1989 | +155.2% | 3.23 international-$ in 2011 prices per US$ of GDP | 8.25 international-$ in 2011 prices per US$ of GDP |
| 1994 | -52.2% | 5 international-$ in 2011 prices per US$ of GDP | 2.39 international-$ in 2011 prices per US$ of GDP |
| 1965 | -32.6% | 19.98 international-$ in 2011 prices per US$ of GDP | 13.46 international-$ in 2011 prices per US$ of GDP |
| 1988 | +28.2% | 2.52 international-$ in 2011 prices per US$ of GDP | 3.23 international-$ in 2011 prices per US$ of GDP |
| 1991 | -31.1% | 8.27 international-$ in 2011 prices per US$ of GDP | 5.7 international-$ in 2011 prices per US$ of GDP |
| 1987 | -25.6% | 3.39 international-$ in 2011 prices per US$ of GDP | 2.52 international-$ in 2011 prices per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16.66 international-$ in 2011 prices per US$ of GDP | 12.1 international-$ in 2011 prices per US$ of GDP | 20.88 international-$ in 2011 prices per US$ of GDP | 10 |
| 1970s | 8.41 international-$ in 2011 prices per US$ of GDP | 5.84 international-$ in 2011 prices per US$ of GDP | 11.77 international-$ in 2011 prices per US$ of GDP | 10 |
| 1980s | 4.08 international-$ in 2011 prices per US$ of GDP | 2.52 international-$ in 2011 prices per US$ of GDP | 8.25 international-$ in 2011 prices per US$ of GDP | 10 |
| 1990s | 3.9 international-$ in 2011 prices per US$ of GDP | 2.39 international-$ in 2011 prices per US$ of GDP | 8.27 international-$ in 2011 prices per US$ of GDP | 10 |
| 2000s | 2.74 international-$ in 2011 prices per US$ of GDP | 2.49 international-$ in 2011 prices per US$ of GDP | 2.93 international-$ in 2011 prices per US$ of GDP | 10 |
| 2010s | 2.34 international-$ in 2011 prices per US$ of GDP | 2.25 international-$ in 2011 prices per US$ of GDP | 2.51 international-$ in 2011 prices per US$ of GDP | 10 |
| 2020s | 2.19 international-$ in 2011 prices per US$ of GDP | 2.1 international-$ in 2011 prices per US$ of GDP | 2.25 international-$ in 2011 prices per US$ of GDP | 3 |
Countries ranked near Nicaragua
- 37 Malawi 2.13 international-$ in 2011 prices per US$ of GDP compare
- 38 Libya 2.11 international-$ in 2011 prices per US$ of GDP compare
- 39 Gambia 2.11 international-$ in 2011 prices per US$ of GDP compare
- 41 Mauritius 2.09 international-$ in 2011 prices per US$ of GDP compare
- 42 Rwanda 2.07 international-$ in 2011 prices per US$ of GDP compare
- 43 North Macedonia 2.06 international-$ in 2011 prices per US$ of GDP 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 gross domestic product (gdp), per unit of gdp in Nicaragua?
- Gross domestic product (gdp), per unit of gdp in Nicaragua was 2.1 international-$ in 2011 prices per US$ of GDP in 2022, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Nicaragua?
- The highest recorded value was 20.88 international-$ in 2011 prices per US$ of GDP in 1963.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Nicaragua?
- The lowest recorded value was 2.1 international-$ in 2011 prices per US$ of GDP in 2022.
- How does Nicaragua rank for gross domestic product (gdp), per unit of gdp?
- Nicaragua ranks 40th out of 163 countries with data for 2022.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Nicaragua?
- Over the last ten years it is down 11.9%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.