Gross domestic product (GDP), per unit of GDP in Nicaragua
Nicaragua: Gross domestic product (GDP), per unit of GDP was 2.81 international-$ in 2021 prices per US$ of GDP in 2023. ◆ Volatile
Latest (2023)
2.81 international-$ in 2021 prices per US$ of GDP
Change on year
down 7.6%
World rank
38th
of 180 countries
All-time high
43.06 international-$ in 2021 prices per US$ of GDP
in 1962
All-time low
2.81 international-$ in 2021 prices per US$ of GDP
in 2023
Years of data
64
1960–2023
Gross domestic product (GDP), per unit of GDP in Nicaragua, 1960–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
The most recent figure for gross domestic product (gdp), per unit of gdp in Nicaragua is 2.81 international-$ in 2021 prices per US$ of GDP, measured in 2023. That is the lowest value across all 64 years on record.
The figure is down 7.6% on the previous year and down 6.0% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Nicaragua peaked at 43.06 international-$ in 2021 prices per US$ of GDP in 1962 and was at its lowest, 2.81 international-$ in 2021 prices per US$ of GDP, in 2023.
Nicaragua ranks 38th of 180 countries on this measure, 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 in Nicaragua, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1960 | 42.06 international-$ in 2021 prices per US$ of GDP | — |
| 1961 | 42 international-$ in 2021 prices per US$ of GDP | -0.1% |
| 1962 | 43.06 international-$ in 2021 prices per US$ of GDP | +2.5% |
| 1963 | 42.57 international-$ in 2021 prices per US$ of GDP | -1.1% |
| 1964 | 41.03 international-$ in 2021 prices per US$ of GDP | -3.6% |
| 1965 | 28.44 international-$ in 2021 prices per US$ of GDP | -30.7% |
| 1966 | 26.82 international-$ in 2021 prices per US$ of GDP | -5.7% |
| 1967 | 26.6 international-$ in 2021 prices per US$ of GDP | -0.8% |
| 1968 | 25.66 international-$ in 2021 prices per US$ of GDP | -3.6% |
| 1969 | 24.91 international-$ in 2021 prices per US$ of GDP | -2.9% |
| 1970 | 24.5 international-$ in 2021 prices per US$ of GDP | -1.7% |
| 1971 | 23.93 international-$ in 2021 prices per US$ of GDP | -2.3% |
| 1972 | 22.15 international-$ in 2021 prices per US$ of GDP | -7.5% |
| 1973 | 20.23 international-$ in 2021 prices per US$ of GDP | -8.7% |
| 1974 | 16.82 international-$ in 2021 prices per US$ of GDP | -16.8% |
| 1975 | 14.89 international-$ in 2021 prices per US$ of GDP | -11.5% |
| 1976 | 13.85 international-$ in 2021 prices per US$ of GDP | -7.0% |
| 1977 | 13.23 international-$ in 2021 prices per US$ of GDP | -4.5% |
| 1978 | 11.58 international-$ in 2021 prices per US$ of GDP | -12.4% |
| 1979 | 9.91 international-$ in 2021 prices per US$ of GDP | -14.4% |
| 1980 | 9.75 international-$ in 2021 prices per US$ of GDP | -1.6% |
| 1981 | 8.9 international-$ in 2021 prices per US$ of GDP | -8.7% |
| 1982 | 8.6 international-$ in 2021 prices per US$ of GDP | -3.3% |
| 1983 | 8.22 international-$ in 2021 prices per US$ of GDP | -4.5% |
| 1984 | 7.3 international-$ in 2021 prices per US$ of GDP | -11.2% |
| 1985 | 8.67 international-$ in 2021 prices per US$ of GDP | +18.7% |
| 1986 | 7.72 international-$ in 2021 prices per US$ of GDP | -10.9% |
| 1987 | 6.05 international-$ in 2021 prices per US$ of GDP | -21.6% |
| 1988 | 6.7 international-$ in 2021 prices per US$ of GDP | +10.7% |
| 1989 | 15.94 international-$ in 2021 prices per US$ of GDP | +138.1% |
| 1990 | 16.46 international-$ in 2021 prices per US$ of GDP | +3.2% |
| 1991 | 11.44 international-$ in 2021 prices per US$ of GDP | -30.5% |
| 1992 | 9.44 international-$ in 2021 prices per US$ of GDP | -17.5% |
| 1993 | 9.36 international-$ in 2021 prices per US$ of GDP | -0.9% |
| 1994 | 4.51 international-$ in 2021 prices per US$ of GDP | -51.8% |
| 1995 | 4.46 international-$ in 2021 prices per US$ of GDP | -1.1% |
| 1996 | 4.49 international-$ in 2021 prices per US$ of GDP | +0.8% |
| 1997 | 4.6 international-$ in 2021 prices per US$ of GDP | +2.4% |
| 1998 | 4.58 international-$ in 2021 prices per US$ of GDP | -0.5% |
| 1999 | 4.63 international-$ in 2021 prices per US$ of GDP | +1.2% |
| 2000 | 4.5 international-$ in 2021 prices per US$ of GDP | -2.8% |
| 2001 | 4.38 international-$ in 2021 prices per US$ of GDP | -2.6% |
| 2002 | 4.47 international-$ in 2021 prices per US$ of GDP | +2.1% |
| 2003 | 4.48 international-$ in 2021 prices per US$ of GDP | +0.2% |
| 2004 | 4.27 international-$ in 2021 prices per US$ of GDP | -4.8% |
| 2005 | 4.17 international-$ in 2021 prices per US$ of GDP | -2.3% |
| 2006 | 3.95 international-$ in 2021 prices per US$ of GDP | -5.3% |
| 2007 | 3.78 international-$ in 2021 prices per US$ of GDP | -4.4% |
| 2008 | 3.43 international-$ in 2021 prices per US$ of GDP | -9.1% |
| 2009 | 3.4 international-$ in 2021 prices per US$ of GDP | -0.8% |
| 2010 | 3.35 international-$ in 2021 prices per US$ of GDP | -1.7% |
| 2011 | 3.18 international-$ in 2021 prices per US$ of GDP | -4.9% |
| 2012 | 3.07 international-$ in 2021 prices per US$ of GDP | -3.6% |
| 2013 | 2.99 international-$ in 2021 prices per US$ of GDP | -2.5% |
| 2014 | 2.95 international-$ in 2021 prices per US$ of GDP | -1.3% |
| 2015 | 2.9 international-$ in 2021 prices per US$ of GDP | -1.8% |
| 2016 | 2.96 international-$ in 2021 prices per US$ of GDP | +2.1% |
| 2017 | 2.94 international-$ in 2021 prices per US$ of GDP | -0.5% |
| 2018 | 3.02 international-$ in 2021 prices per US$ of GDP | +2.7% |
| 2019 | 3.13 international-$ in 2021 prices per US$ of GDP | +3.6% |
| 2020 | 3.18 international-$ in 2021 prices per US$ of GDP | +1.6% |
| 2021 | 3.27 international-$ in 2021 prices per US$ of GDP | +3.0% |
| 2022 | 3.04 international-$ in 2021 prices per US$ of GDP | -7.1% |
| 2023 | 2.81 international-$ in 2021 prices per US$ of GDP | -7.6% |
Nicaragua compared with similar countries
- Nicaragua's 2.81 international-$ in 2021 prices per US$ of GDP is above the median for lower middle income countries, which is 2.55 international-$ in 2021 prices per US$ of GDP, 1.1× the median. (42 countries reporting)
- Nicaragua's 2.81 international-$ in 2021 prices per US$ of GDP is above the median for Latin America & Caribbean, which is 1.7 international-$ in 2021 prices per US$ of GDP, 1.7× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), per unit of GDP 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 | +138.1% | 6.7 international-$ in 2021 prices per US$ of GDP | 15.94 international-$ in 2021 prices per US$ of GDP |
| 1994 | -51.8% | 9.36 international-$ in 2021 prices per US$ of GDP | 4.51 international-$ in 2021 prices per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 34.32 international-$ in 2021 prices per US$ of GDP | 24.91 international-$ in 2021 prices per US$ of GDP | 43.06 international-$ in 2021 prices per US$ of GDP | 10 |
| 1970s | 17.11 international-$ in 2021 prices per US$ of GDP | 9.91 international-$ in 2021 prices per US$ of GDP | 24.5 international-$ in 2021 prices per US$ of GDP | 10 |
| 1980s | 8.78 international-$ in 2021 prices per US$ of GDP | 6.05 international-$ in 2021 prices per US$ of GDP | 15.94 international-$ in 2021 prices per US$ of GDP | 10 |
| 1990s | 7.4 international-$ in 2021 prices per US$ of GDP | 4.46 international-$ in 2021 prices per US$ of GDP | 16.46 international-$ in 2021 prices per US$ of GDP | 10 |
| 2000s | 4.08 international-$ in 2021 prices per US$ of GDP | 3.4 international-$ in 2021 prices per US$ of GDP | 4.5 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 3.05 international-$ in 2021 prices per US$ of GDP | 2.9 international-$ in 2021 prices per US$ of GDP | 3.35 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 3.08 international-$ in 2021 prices per US$ of GDP | 2.81 international-$ in 2021 prices per US$ of GDP | 3.27 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Nicaragua
- 35 Georgia 2.91 international-$ in 2021 prices per US$ of GDP compare
- 36 Equatorial Guinea 2.86 international-$ in 2021 prices per US$ of GDP compare
- 37 Indonesia 2.86 international-$ in 2021 prices per US$ of GDP compare
- 39 Cameroon 2.81 international-$ in 2021 prices per US$ of GDP compare
- 40 Russia 2.79 international-$ in 2021 prices per US$ of GDP compare
- 41 Malawi 2.76 international-$ in 2021 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)
- 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$), annual growth rate 36.36 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), per unit of gdp in Nicaragua?
- Gross domestic product (gdp), per unit of gdp in Nicaragua was 2.81 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Nicaragua?
- The highest recorded value was 43.06 international-$ in 2021 prices per US$ of GDP in 1962.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Nicaragua?
- The lowest recorded value was 2.81 international-$ in 2021 prices per US$ of GDP in 2023.
- How does Nicaragua rank for gross domestic product (gdp), per unit of gdp?
- Nicaragua ranks 38th out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Nicaragua?
- Over the last ten years it is down 6.0%. 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 — 64 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) Feenstra et al. – Penn World Table (2025) – 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.