Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Nicaragua
Nicaragua: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 94,911 million SLC in 2023. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Nicaragua, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, gross fixed capital formation — value standard local currency, 2015 in Nicaragua stood at 94,911 million SLC.
That represents a change of 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 105,311 million SLC in 2017 and was at its lowest, 11,510 million SLC, in 1979.
Nicaragua ranks 100th 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 Fixed Capital Formation — Value Standard Local Currency, 2015 in Nicaragua, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 31,191 million SLC | — |
| 1971 | 32,166 million SLC | +3.1% |
| 1972 | 28,572 million SLC | -11.2% |
| 1973 | 39,201 million SLC | +37.2% |
| 1974 | 47,906 million SLC | +22.2% |
| 1975 | 43,490 million SLC | -9.2% |
| 1976 | 45,915 million SLC | +5.6% |
| 1977 | 58,841 million SLC | +28.2% |
| 1978 | 32,812 million SLC | -44.2% |
| 1979 | 11,510 million SLC | -64.9% |
| 1980 | 29,030 million SLC | +152.2% |
| 1981 | 46,475 million SLC | +60.1% |
| 1982 | 37,527 million SLC | -19.3% |
| 1983 | 39,290 million SLC | +4.7% |
| 1984 | 40,151 million SLC | +2.2% |
| 1985 | 40,599 million SLC | +1.1% |
| 1986 | 38,132 million SLC | -6.1% |
| 1987 | 38,516 million SLC | +1.0% |
| 1988 | 33,881 million SLC | -12.0% |
| 1989 | 27,736 million SLC | -18.1% |
| 1990 | 25,489 million SLC | -8.1% |
| 1991 | 23,321 million SLC | -8.5% |
| 1992 | 27,486 million SLC | +17.9% |
| 1993 | 25,925 million SLC | -5.7% |
| 1994 | 30,004 million SLC | +15.7% |
| 1995 | 31,562 million SLC | +5.2% |
| 1996 | 35,501 million SLC | +12.5% |
| 1997 | 39,723 million SLC | +11.9% |
| 1998 | 42,455 million SLC | +6.9% |
| 1999 | 57,778 million SLC | +36.1% |
| 2000 | 51,380 million SLC | -11.1% |
| 2001 | 48,591 million SLC | -5.4% |
| 2002 | 45,541 million SLC | -6.3% |
| 2003 | 45,812 million SLC | +0.6% |
| 2004 | 48,896 million SLC | +6.7% |
| 2005 | 53,754 million SLC | +9.9% |
| 2006 | 54,775 million SLC | +1.9% |
| 2007 | 61,681 million SLC | +12.6% |
| 2008 | 66,980 million SLC | +8.6% |
| 2009 | 50,517 million SLC | -24.6% |
| 2010 | 54,273 million SLC | +7.4% |
| 2011 | 66,242 million SLC | +22.1% |
| 2012 | 79,909 million SLC | +20.6% |
| 2013 | 84,172 million SLC | +5.3% |
| 2014 | 86,969 million SLC | +3.3% |
| 2015 | 101,751 million SLC | +17.0% |
| 2016 | 103,191 million SLC | +1.4% |
| 2017 | 105,311 million SLC | +2.1% |
| 2018 | 82,149 million SLC | -22.0% |
| 2019 | 59,586 million SLC | -27.5% |
| 2020 | 65,969 million SLC | +10.7% |
| 2021 | 88,386 million SLC | +34.0% |
| 2022 | 84,672 million SLC | -4.2% |
| 2023 | 94,911 million SLC | +12.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 37,160 million SLC | 11,510 million SLC | 58,841 million SLC | 10 |
| 1980s | 37,134 million SLC | 27,736 million SLC | 46,475 million SLC | 10 |
| 1990s | 33,924 million SLC | 23,321 million SLC | 57,778 million SLC | 10 |
| 2000s | 52,793 million SLC | 45,541 million SLC | 66,980 million SLC | 10 |
| 2010s | 82,355 million SLC | 54,273 million SLC | 105,311 million SLC | 10 |
| 2020s | 83,484 million SLC | 65,969 million SLC | 94,911 million SLC | 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)
- Manufacturing, value added (constant LCU), per capita 4,988 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 20.41 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2926 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 928.58 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 20.41 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 10.72 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 34,008 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 7.07 % 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 94,911 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Nicaragua?
- The highest recorded value was 105,311 million SLC in 2017.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Nicaragua?
- The lowest recorded value was 11,510 million SLC in 1979.
- How does Nicaragua rank for gross fixed capital formation — value standard local currency, 2015?
- Nicaragua ranks 100th 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 Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. 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).