Gross Domestic Product — Value Standard Local Currency, 2015 prices in Nicaragua
Nicaragua: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 3.49 million SLC per square kilometre in 2023. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Nicaragua, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Nicaragua is 3.49 million SLC per square kilometre, measured in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 4.6% on the previous year and up 32.6% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Nicaragua peaked at 3.49 million SLC per square kilometre in 2023 and was at its lowest, 1.19 million SLC per square kilometre, in 1993.
Nicaragua ranks 120th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Nicaragua, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 1.3 million SLC per square kilometre | — |
| 1971 | 1.37 million SLC per square kilometre | +4.9% |
| 1972 | 1.41 million SLC per square kilometre | +3.2% |
| 1973 | 1.48 million SLC per square kilometre | +5.1% |
| 1974 | 1.67 million SLC per square kilometre | +12.7% |
| 1975 | 1.71 million SLC per square kilometre | +2.2% |
| 1976 | 1.8 million SLC per square kilometre | +5.0% |
| 1977 | 1.91 million SLC per square kilometre | +6.3% |
| 1978 | 1.77 million SLC per square kilometre | -7.2% |
| 1979 | 1.3 million SLC per square kilometre | -26.5% |
| 1980 | 1.36 million SLC per square kilometre | +4.6% |
| 1981 | 1.44 million SLC per square kilometre | +5.4% |
| 1982 | 1.42 million SLC per square kilometre | -0.8% |
| 1983 | 1.49 million SLC per square kilometre | +4.6% |
| 1984 | 1.47 million SLC per square kilometre | -1.6% |
| 1985 | 1.41 million SLC per square kilometre | -4.1% |
| 1986 | 1.39 million SLC per square kilometre | -1.0% |
| 1987 | 1.38 million SLC per square kilometre | -0.7% |
| 1988 | 1.21 million SLC per square kilometre | -12.4% |
| 1989 | 1.19 million SLC per square kilometre | -1.7% |
| 1990 | 1.19 million SLC per square kilometre | -0.1% |
| 1991 | 1.19 million SLC per square kilometre | -0.2% |
| 1992 | 1.19 million SLC per square kilometre | +0.4% |
| 1993 | 1.19 million SLC per square kilometre | -0.4% |
| 1994 | 1.23 million SLC per square kilometre | +3.3% |
| 1995 | 1.3 million SLC per square kilometre | +5.9% |
| 1996 | 1.38 million SLC per square kilometre | +6.3% |
| 1997 | 1.44 million SLC per square kilometre | +4.0% |
| 1998 | 1.49 million SLC per square kilometre | +3.7% |
| 1999 | 1.59 million SLC per square kilometre | +7.0% |
| 2000 | 1.66 million SLC per square kilometre | +4.1% |
| 2001 | 1.71 million SLC per square kilometre | +3.0% |
| 2002 | 1.72 million SLC per square kilometre | +0.8% |
| 2003 | 1.76 million SLC per square kilometre | +2.5% |
| 2004 | 1.86 million SLC per square kilometre | +5.3% |
| 2005 | 1.94 million SLC per square kilometre | +4.3% |
| 2006 | 2.02 million SLC per square kilometre | +4.2% |
| 2007 | 2.12 million SLC per square kilometre | +5.1% |
| 2008 | 2.19 million SLC per square kilometre | +3.4% |
| 2009 | 2.12 million SLC per square kilometre | -3.3% |
| 2010 | 2.21 million SLC per square kilometre | +4.4% |
| 2011 | 2.35 million SLC per square kilometre | +6.3% |
| 2012 | 2.51 million SLC per square kilometre | +6.5% |
| 2013 | 2.63 million SLC per square kilometre | +4.9% |
| 2014 | 2.76 million SLC per square kilometre | +4.8% |
| 2015 | 2.89 million SLC per square kilometre | +4.8% |
| 2016 | 3.02 million SLC per square kilometre | +4.6% |
| 2017 | 3.16 million SLC per square kilometre | +4.6% |
| 2018 | 3.05 million SLC per square kilometre | -3.4% |
| 2019 | 2.97 million SLC per square kilometre | -2.9% |
| 2020 | 2.91 million SLC per square kilometre | -1.8% |
| 2021 | 3.21 million SLC per square kilometre | +10.3% |
| 2022 | 3.34 million SLC per square kilometre | +3.8% |
| 2023 | 3.49 million SLC per square kilometre | +4.6% |
Nicaragua compared with similar countries
- Nicaragua's 3.49 million SLC per square kilometre is below the median for lower middle income countries, which is 9.71 million SLC per square kilometre, 36% of the median. (44 countries reporting)
- Nicaragua's 3.49 million SLC per square kilometre is below the median for Latin America & Caribbean, which is 10.06 million SLC per square kilometre, 35% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — 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 |
|---|---|---|---|
| 1979 | -26.5% | 1.77 million SLC per square kilometre | 1.3 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.57 million SLC per square kilometre | 1.3 million SLC per square kilometre | 1.91 million SLC per square kilometre | 10 |
| 1980s | 1.38 million SLC per square kilometre | 1.19 million SLC per square kilometre | 1.49 million SLC per square kilometre | 10 |
| 1990s | 1.32 million SLC per square kilometre | 1.19 million SLC per square kilometre | 1.59 million SLC per square kilometre | 10 |
| 2000s | 1.91 million SLC per square kilometre | 1.66 million SLC per square kilometre | 2.19 million SLC per square kilometre | 10 |
| 2010s | 2.76 million SLC per square kilometre | 2.21 million SLC per square kilometre | 3.16 million SLC per square kilometre | 10 |
| 2020s | 3.24 million SLC per square kilometre | 2.91 million SLC per square kilometre | 3.49 million SLC per square kilometre | 4 |
Countries ranked near Nicaragua
- 117 Romania 4.11 million SLC per square kilometre compare
- 118 South Africa 3.81 million SLC per square kilometre compare
- 119 Egypt 3.51 million SLC per square kilometre compare
- 121 Eswatini 3.48 million SLC per square kilometre compare
- 122 Brunei 3.44 million SLC per square kilometre compare
- 123 Kyrgyzstan 3.19 million SLC 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 — value standard local currency, 2015 prices in Nicaragua?
- Gross domestic product — value standard local currency, 2015 prices in Nicaragua was 3.49 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Nicaragua?
- The highest recorded value was 3.49 million SLC per square kilometre in 2023.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Nicaragua?
- The lowest recorded value was 1.19 million SLC per square kilometre in 1993.
- How does Nicaragua rank for gross domestic product — value standard local currency, 2015 prices?
- Nicaragua ranks 120th out of 194 countries with data for 2023.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Nicaragua?
- Over the last ten years it is up 32.6%. 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 — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices 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 — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- 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 — Value Standard Local Currency, 2015 prices 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.