Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Nicaragua
Nicaragua: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 0.0289 million USD per square kilometre in 2023. ▲ Rising
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Nicaragua, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
In 2023, gross fixed capital formation — value us$, 2015 prices, per square in Nicaragua stood at 0.0289 million USD 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 us$, 2015 prices, per square in Nicaragua peaked at 0.0321 million USD per square kilometre in 2017 and was at its lowest, 0.0035 million USD per square kilometre, in 1979.
That places Nicaragua 151st out of 194 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Nicaragua, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0095 million USD per square kilometre | — |
| 1971 | 0.0098 million USD per square kilometre | +3.1% |
| 1972 | 0.0087 million USD per square kilometre | -11.2% |
| 1973 | 0.012 million USD per square kilometre | +37.2% |
| 1974 | 0.0146 million USD per square kilometre | +22.2% |
| 1975 | 0.0133 million USD per square kilometre | -9.2% |
| 1976 | 0.014 million USD per square kilometre | +5.6% |
| 1977 | 0.0179 million USD per square kilometre | +28.2% |
| 1978 | 0.01 million USD per square kilometre | -44.2% |
| 1979 | 0.0035 million USD per square kilometre | -64.9% |
| 1980 | 0.0089 million USD per square kilometre | +152.2% |
| 1981 | 0.0142 million USD per square kilometre | +60.1% |
| 1982 | 0.0114 million USD per square kilometre | -19.3% |
| 1983 | 0.012 million USD per square kilometre | +4.7% |
| 1984 | 0.0122 million USD per square kilometre | +2.2% |
| 1985 | 0.0124 million USD per square kilometre | +1.1% |
| 1986 | 0.0116 million USD per square kilometre | -6.1% |
| 1987 | 0.0117 million USD per square kilometre | +1.0% |
| 1988 | 0.0103 million USD per square kilometre | -12.0% |
| 1989 | 0.0085 million USD per square kilometre | -18.1% |
| 1990 | 0.0078 million USD per square kilometre | -8.1% |
| 1991 | 0.0071 million USD per square kilometre | -8.5% |
| 1992 | 0.0084 million USD per square kilometre | +17.9% |
| 1993 | 0.0079 million USD per square kilometre | -5.7% |
| 1994 | 0.0091 million USD per square kilometre | +15.7% |
| 1995 | 0.0096 million USD per square kilometre | +5.2% |
| 1996 | 0.0108 million USD per square kilometre | +12.5% |
| 1997 | 0.0121 million USD per square kilometre | +11.9% |
| 1998 | 0.0129 million USD per square kilometre | +6.9% |
| 1999 | 0.0176 million USD per square kilometre | +36.1% |
| 2000 | 0.0157 million USD per square kilometre | -11.1% |
| 2001 | 0.0148 million USD per square kilometre | -5.4% |
| 2002 | 0.0139 million USD per square kilometre | -6.3% |
| 2003 | 0.014 million USD per square kilometre | +0.6% |
| 2004 | 0.0149 million USD per square kilometre | +6.7% |
| 2005 | 0.0164 million USD per square kilometre | +9.9% |
| 2006 | 0.0167 million USD per square kilometre | +1.9% |
| 2007 | 0.0188 million USD per square kilometre | +12.6% |
| 2008 | 0.0204 million USD per square kilometre | +8.6% |
| 2009 | 0.0154 million USD per square kilometre | -24.6% |
| 2010 | 0.0165 million USD per square kilometre | +7.4% |
| 2011 | 0.0202 million USD per square kilometre | +22.1% |
| 2012 | 0.0244 million USD per square kilometre | +20.6% |
| 2013 | 0.0257 million USD per square kilometre | +5.3% |
| 2014 | 0.0265 million USD per square kilometre | +3.3% |
| 2015 | 0.031 million USD per square kilometre | +17.0% |
| 2016 | 0.0315 million USD per square kilometre | +1.4% |
| 2017 | 0.0321 million USD per square kilometre | +2.1% |
| 2018 | 0.025 million USD per square kilometre | -22.0% |
| 2019 | 0.0182 million USD per square kilometre | -27.5% |
| 2020 | 0.0201 million USD per square kilometre | +10.7% |
| 2021 | 0.0269 million USD per square kilometre | +34.0% |
| 2022 | 0.0258 million USD per square kilometre | -4.2% |
| 2023 | 0.0289 million USD per square kilometre | +12.1% |
Nicaragua compared with similar countries
- Nicaragua's 0.0289 million USD per square kilometre is below the median for lower middle income countries, which is 0.0398 million USD per square kilometre, 73% of the median. (44 countries reporting)
- Nicaragua's 0.0289 million USD per square kilometre is below the median for Latin America & Caribbean, which is 0.2391 million USD per square kilometre, 12% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Nicaragua changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1980 | +152.2% | 0.0035 million USD per square kilometre | 0.0089 million USD per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0113 million USD per square kilometre | 0.0035 million USD per square kilometre | 0.0179 million USD per square kilometre | 10 |
| 1980s | 0.0113 million USD per square kilometre | 0.0085 million USD per square kilometre | 0.0142 million USD per square kilometre | 10 |
| 1990s | 0.0103 million USD per square kilometre | 0.0071 million USD per square kilometre | 0.0176 million USD per square kilometre | 10 |
| 2000s | 0.0161 million USD per square kilometre | 0.0139 million USD per square kilometre | 0.0204 million USD per square kilometre | 10 |
| 2010s | 0.0251 million USD per square kilometre | 0.0165 million USD per square kilometre | 0.0321 million USD per square kilometre | 10 |
| 2020s | 0.0255 million USD per square kilometre | 0.0201 million USD per square kilometre | 0.0289 million USD per square kilometre | 4 |
Countries ranked near Nicaragua
- 148 Kenya 0.0331 million USD per square kilometre compare
- 149 Equatorial Guinea 0.0322 million USD per square kilometre compare
- 150 Malawi 0.0295 million USD per square kilometre compare
- 152 Laos 0.0265 million USD per square kilometre compare
- 153 Kazakhstan 0.026 million USD per square kilometre compare
- 154 Belize 0.0252 million USD per square kilometre compare
More economy & growth data for Nicaragua
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.29 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 36.36 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in Nicaragua?
- Gross fixed capital formation — value us$, 2015 prices, per square in Nicaragua was 0.0289 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Nicaragua?
- The highest recorded value was 0.0321 million USD per square kilometre in 2017.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Nicaragua?
- The lowest recorded value was 0.0035 million USD per square kilometre in 1979.
- How does Nicaragua rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Nicaragua ranks 151st out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Nicaragua?
- Over the last ten years it is up 12.8%. The long-run trend across the full record is rising.
- Where does this Nicaragua data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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 US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value US$, 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.