Gross Fixed Capital Formation — Value Standard Local Currency in Nicaragua
Nicaragua: Gross Fixed Capital Formation — Value Standard Local Currency was 138,045 million SLC in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Nicaragua, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Nicaragua recorded 138,045 million SLC for gross fixed capital formation — value standard local currency in 2023. That is the highest value across all 54 years on record.
That represents a change of up 14.7% on the previous year and up 79.4% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Nicaragua peaked at 138,045 million SLC in 2023 and was at its lowest, 0 million SLC, in 1970.
Nicaragua ranks 105th of 202 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency in Nicaragua, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 0 million SLC | — |
| 1971 | 0 million SLC | — |
| 1972 | 0 million SLC | — |
| 1973 | 0 million SLC | — |
| 1974 | 0 million SLC | — |
| 1975 | 0 million SLC | +0.0% |
| 1976 | 0 million SLC | +0.0% |
| 1977 | 0 million SLC | +0.0% |
| 1978 | 0 million SLC | +0.0% |
| 1979 | 0 million SLC | -100.0% |
| 1980 | 0 million SLC | — |
| 1981 | 0 million SLC | +100.0% |
| 1982 | 0 million SLC | +0.0% |
| 1983 | 0 million SLC | +0.0% |
| 1984 | 0 million SLC | +50.0% |
| 1985 | 0 million SLC | +166.7% |
| 1986 | 0 million SLC | +150.0% |
| 1987 | 0.0001 million SLC | +480.0% |
| 1988 | 0.0296 million SLC | +25399.1% |
| 1989 | 1.4 million SLC | +4629.3% |
| 1990 | 81.02 million SLC | +5691.8% |
| 1991 | 2,210 million SLC | +2627.7% |
| 1992 | 3,007 million SLC | +36.1% |
| 1993 | 3,472 million SLC | +15.5% |
| 1994 | 4,398 million SLC | +26.7% |
| 1995 | 5,257 million SLC | +19.5% |
| 1996 | 6,598 million SLC | +25.5% |
| 1997 | 8,383 million SLC | +27.1% |
| 1998 | 10,330 million SLC | +23.2% |
| 1999 | 15,916 million SLC | +54.1% |
| 2000 | 15,537 million SLC | -2.4% |
| 2001 | 15,979 million SLC | +2.8% |
| 2002 | 15,442 million SLC | -3.4% |
| 2003 | 16,677 million SLC | +8.0% |
| 2004 | 20,462 million SLC | +22.7% |
| 2005 | 25,114 million SLC | +22.7% |
| 2006 | 28,940 million SLC | +15.2% |
| 2007 | 35,064 million SLC | +21.2% |
| 2008 | 44,357 million SLC | +26.5% |
| 2009 | 34,290 million SLC | -22.7% |
| 2010 | 39,606 million SLC | +15.5% |
| 2011 | 53,949 million SLC | +36.2% |
| 2012 | 69,599 million SLC | +29.0% |
| 2013 | 76,964 million SLC | +10.6% |
| 2014 | 84,297 million SLC | +9.5% |
| 2015 | 101,751 million SLC | +20.7% |
| 2016 | 105,119 million SLC | +3.3% |
| 2017 | 110,867 million SLC | +5.5% |
| 2018 | 92,000 million SLC | -17.0% |
| 2019 | 69,221 million SLC | -24.8% |
| 2020 | 79,150 million SLC | +14.3% |
| 2021 | 115,403 million SLC | +45.8% |
| 2022 | 120,314 million SLC | +4.3% |
| 2023 | 138,045 million SLC | +14.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 million SLC | 0 million SLC | 0 million SLC | 10 |
| 1980s | 0.1429 million SLC | 0 million SLC | 1.4 million SLC | 10 |
| 1990s | 5,965 million SLC | 81.02 million SLC | 15,916 million SLC | 10 |
| 2000s | 25,186 million SLC | 15,442 million SLC | 44,357 million SLC | 10 |
| 2010s | 80,337 million SLC | 39,606 million SLC | 110,867 million SLC | 10 |
| 2020s | 113,228 million SLC | 79,150 million SLC | 138,045 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)
- Gross domestic savings (current US$), annual growth rate 86.27 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.125 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 396.53 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 86.27 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 4.58 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 14,523 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 14.83 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.8971 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Nicaragua?
- Gross fixed capital formation — value standard local currency in Nicaragua was 138,045 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 recorded in Nicaragua?
- The highest recorded value was 138,045 million SLC in 2023.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Nicaragua?
- The lowest recorded value was 0 million SLC in 1970.
- How does Nicaragua rank for gross fixed capital formation — value standard local currency?
- Nicaragua ranks 105th out of 202 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency rising or falling in Nicaragua?
- Over the last ten years it is up 79.4%. The long-run trend across the full record is volatile.
- 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. 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).