Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Nicaragua
Nicaragua: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.7887 million SLC per square kilometre in 2023. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Nicaragua, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, gross fixed capital formation — value standard local currency, 2015 in Nicaragua stood at 0.7887 million SLC per square kilometre.
The figure is up 12.1% on the previous year and up 12.8% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Nicaragua peaked at 0.8751 million SLC per square kilometre in 2017 and was at its lowest, 0.0956 million SLC per square kilometre, in 1979.
That places Nicaragua 119th out of 194 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 — Value Standard Local Currency, 2015 in Nicaragua, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.2592 million SLC per square kilometre | — |
| 1971 | 0.2673 million SLC per square kilometre | +3.1% |
| 1972 | 0.2374 million SLC per square kilometre | -11.2% |
| 1973 | 0.3258 million SLC per square kilometre | +37.2% |
| 1974 | 0.3981 million SLC per square kilometre | +22.2% |
| 1975 | 0.3614 million SLC per square kilometre | -9.2% |
| 1976 | 0.3815 million SLC per square kilometre | +5.6% |
| 1977 | 0.489 million SLC per square kilometre | +28.2% |
| 1978 | 0.2727 million SLC per square kilometre | -44.2% |
| 1979 | 0.0956 million SLC per square kilometre | -64.9% |
| 1980 | 0.2412 million SLC per square kilometre | +152.2% |
| 1981 | 0.3862 million SLC per square kilometre | +60.1% |
| 1982 | 0.3118 million SLC per square kilometre | -19.3% |
| 1983 | 0.3265 million SLC per square kilometre | +4.7% |
| 1984 | 0.3336 million SLC per square kilometre | +2.2% |
| 1985 | 0.3374 million SLC per square kilometre | +1.1% |
| 1986 | 0.3169 million SLC per square kilometre | -6.1% |
| 1987 | 0.3201 million SLC per square kilometre | +1.0% |
| 1988 | 0.2815 million SLC per square kilometre | -12.0% |
| 1989 | 0.2305 million SLC per square kilometre | -18.1% |
| 1990 | 0.2118 million SLC per square kilometre | -8.1% |
| 1991 | 0.1938 million SLC per square kilometre | -8.5% |
| 1992 | 0.2284 million SLC per square kilometre | +17.9% |
| 1993 | 0.2154 million SLC per square kilometre | -5.7% |
| 1994 | 0.2493 million SLC per square kilometre | +15.7% |
| 1995 | 0.2623 million SLC per square kilometre | +5.2% |
| 1996 | 0.295 million SLC per square kilometre | +12.5% |
| 1997 | 0.3301 million SLC per square kilometre | +11.9% |
| 1998 | 0.3528 million SLC per square kilometre | +6.9% |
| 1999 | 0.4801 million SLC per square kilometre | +36.1% |
| 2000 | 0.427 million SLC per square kilometre | -11.1% |
| 2001 | 0.4038 million SLC per square kilometre | -5.4% |
| 2002 | 0.3784 million SLC per square kilometre | -6.3% |
| 2003 | 0.3807 million SLC per square kilometre | +0.6% |
| 2004 | 0.4063 million SLC per square kilometre | +6.7% |
| 2005 | 0.4467 million SLC per square kilometre | +9.9% |
| 2006 | 0.4552 million SLC per square kilometre | +1.9% |
| 2007 | 0.5126 million SLC per square kilometre | +12.6% |
| 2008 | 0.5566 million SLC per square kilometre | +8.6% |
| 2009 | 0.4198 million SLC per square kilometre | -24.6% |
| 2010 | 0.451 million SLC per square kilometre | +7.4% |
| 2011 | 0.5505 million SLC per square kilometre | +22.1% |
| 2012 | 0.664 million SLC per square kilometre | +20.6% |
| 2013 | 0.6994 million SLC per square kilometre | +5.3% |
| 2014 | 0.7227 million SLC per square kilometre | +3.3% |
| 2015 | 0.8455 million SLC per square kilometre | +17.0% |
| 2016 | 0.8575 million SLC per square kilometre | +1.4% |
| 2017 | 0.8751 million SLC per square kilometre | +2.1% |
| 2018 | 0.6826 million SLC per square kilometre | -22.0% |
| 2019 | 0.4951 million SLC per square kilometre | -27.5% |
| 2020 | 0.5482 million SLC per square kilometre | +10.7% |
| 2021 | 0.7345 million SLC per square kilometre | +34.0% |
| 2022 | 0.7036 million SLC per square kilometre | -4.2% |
| 2023 | 0.7887 million SLC per square kilometre | +12.1% |
Nicaragua compared with similar countries
- Nicaragua's 0.7887 million SLC per square kilometre is below the median for lower middle income countries, which is 2.34 million SLC per square kilometre, 34% of the median. (44 countries reporting)
- Nicaragua's 0.7887 million SLC per square kilometre is below the median for Latin America & Caribbean, which is 2.2 million SLC per square kilometre, 36% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, 2015 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 |
|---|---|---|---|
| 1980 | +152.2% | 0.0956 million SLC per square kilometre | 0.2412 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3088 million SLC per square kilometre | 0.0956 million SLC per square kilometre | 0.489 million SLC per square kilometre | 10 |
| 1980s | 0.3086 million SLC per square kilometre | 0.2305 million SLC per square kilometre | 0.3862 million SLC per square kilometre | 10 |
| 1990s | 0.2819 million SLC per square kilometre | 0.1938 million SLC per square kilometre | 0.4801 million SLC per square kilometre | 10 |
| 2000s | 0.4387 million SLC per square kilometre | 0.3784 million SLC per square kilometre | 0.5566 million SLC per square kilometre | 10 |
| 2010s | 0.6844 million SLC per square kilometre | 0.451 million SLC per square kilometre | 0.8751 million SLC per square kilometre | 10 |
| 2020s | 0.6937 million SLC per square kilometre | 0.5482 million SLC per square kilometre | 0.7887 million SLC per square kilometre | 4 |
Countries ranked near Nicaragua
- 116 France 1 million SLC per square kilometre compare
- 117 Guatemala 0.9605 million SLC per square kilometre compare
- 118 Malaysia 0.9561 million SLC per square kilometre compare
- 120 Dominica 0.7653 million SLC per square kilometre compare
- 121 Ukraine 0.7383 million SLC per square kilometre compare
- 122 Morocco 0.713 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 fixed capital formation — value standard local currency, 2015 in Nicaragua?
- Gross fixed capital formation — value standard local currency, 2015 in Nicaragua was 0.7887 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Nicaragua?
- The highest recorded value was 0.8751 million SLC per square kilometre in 2017.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Nicaragua?
- The lowest recorded value was 0.0956 million SLC per square kilometre in 1979.
- How does Nicaragua rank for gross fixed capital formation — value standard local currency, 2015?
- Nicaragua ranks 119th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Nicaragua?
- Over the last ten years it is up 12.8%. 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 Fixed Capital Formation — 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 Fixed Capital Formation — 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 Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 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 Fixed Capital Formation — 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.