Gross Fixed Capital Formation — Share of GDP Standard Local Currency in Nicaragua
Nicaragua: Gross Fixed Capital Formation — Share of GDP Standard Local Currency was 21.25 % in 2023. ▲ Rising
Gross Fixed Capital Formation — Share of GDP Standard Local Currency in Nicaragua, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
The most recent figure for gross fixed capital formation — share of gdp standard local currency in Nicaragua is 21.25 %, measured in 2023.
The figure is down 0.9% on the previous year and down 25.0% over ten years.
Over the whole period, gross fixed capital formation — share of gdp standard local currency in Nicaragua peaked at 29.26 % in 2015 and was at its lowest, 5.02 %, in 1979.
That places Nicaragua 116th out of 202 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Gross Fixed Capital Formation — Share of GDP Standard Local Currency in Nicaragua, year by year
| Year | % | Change |
|---|---|---|
| 1970 | 12.34 % | — |
| 1971 | 11.68 % | -5.4% |
| 1972 | 11.36 % | -2.8% |
| 1973 | 14.51 % | +27.8% |
| 1974 | 17.67 % | +21.7% |
| 1975 | 16.98 % | -3.9% |
| 1976 | 15.21 % | -10.4% |
| 1977 | 17.21 % | +13.1% |
| 1978 | 10.71 % | -37.8% |
| 1979 | 5.02 % | -53.2% |
| 1980 | 9.91 % | +97.6% |
| 1981 | 16.11 % | +62.5% |
| 1982 | 12.48 % | -22.5% |
| 1983 | 14.61 % | +17.1% |
| 1984 | 14.61 % | -0.0% |
| 1985 | 15.6 % | +6.8% |
| 1986 | 10.64 % | -31.8% |
| 1987 | 9.96 % | -6.4% |
| 1988 | 21.15 % | +112.4% |
| 1989 | 21.19 % | +0.2% |
| 1990 | 16.17 % | -23.7% |
| 1991 | 14.16 % | -12.4% |
| 1992 | 15.52 % | +9.6% |
| 1993 | 14.95 % | -3.7% |
| 1994 | 17 % | +13.7% |
| 1995 | 16.92 % | -0.5% |
| 1996 | 18.22 % | +7.7% |
| 1997 | 20.28 % | +11.3% |
| 1998 | 21.13 % | +4.2% |
| 1999 | 27.85 % | +31.8% |
| 2000 | 24.05 % | -13.6% |
| 2001 | 22.4 % | -6.9% |
| 2002 | 20.81 % | -7.1% |
| 2003 | 20.81 % | +0.0% |
| 2004 | 22.24 % | +6.8% |
| 2005 | 23.82 % | +7.1% |
| 2006 | 24.35 % | +2.2% |
| 2007 | 25.6 % | +5.1% |
| 2008 | 26.95 % | +5.3% |
| 2009 | 20.32 % | -24.6% |
| 2010 | 21.17 % | +4.2% |
| 2011 | 24.61 % | +16.2% |
| 2012 | 28.06 % | +14.0% |
| 2013 | 28.34 % | +1.0% |
| 2014 | 27.33 % | -3.6% |
| 2015 | 29.26 % | +7.1% |
| 2016 | 27.64 % | -5.5% |
| 2017 | 26.76 % | -3.2% |
| 2018 | 22.39 % | -16.4% |
| 2019 | 16.46 % | -26.5% |
| 2020 | 18.17 % | +10.4% |
| 2021 | 23.2 % | +27.6% |
| 2022 | 21.43 % | -7.6% |
| 2023 | 21.25 % | -0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.27 % | 5.02 % | 17.67 % | 10 |
| 1980s | 14.63 % | 9.91 % | 21.19 % | 10 |
| 1990s | 18.22 % | 14.16 % | 27.85 % | 10 |
| 2000s | 23.14 % | 20.32 % | 26.95 % | 10 |
| 2010s | 25.2 % | 16.46 % | 29.26 % | 10 |
| 2020s | 21.01 % | 18.17 % | 23.2 % | 4 |
Countries ranked near Nicaragua
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)
- Total reserves minus gold (current US$), annual growth rate 36.36 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.3743 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 1,188 current US$ per person (2025)
- General government final consumption expenditure (current US$) 4.73 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1136 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 360.62 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 4.73 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 4.16 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — share of gdp standard local currency in Nicaragua?
- Gross fixed capital formation — share of gdp standard local currency in Nicaragua was 21.25 % in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — share of gdp standard local currency recorded in Nicaragua?
- The highest recorded value was 29.26 % in 2015.
- What is the lowest gross fixed capital formation — share of gdp standard local currency recorded in Nicaragua?
- The lowest recorded value was 5.02 % in 1979.
- How does Nicaragua rank for gross fixed capital formation — share of gdp standard local currency?
- Nicaragua ranks 116th out of 202 countries with data for 2023.
- Is gross fixed capital formation — share of gdp standard local currency rising or falling in Nicaragua?
- Over the last ten years it is down 25.0%. The long-run trend across the full record is rising.
- Where does this Nicaragua data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Share of GDP Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).