Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Nicaragua
Nicaragua: Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) was 3,482 million USD in 2023. ▲ Rising
Gross Fixed Capital Formation — Value US$, 2015 prices in Nicaragua, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Nicaragua recorded 3,482 million USD for gross fixed capital formation — value us$, 2015 prices in 2023.
Compared with earlier readings it 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$, 2015 prices in Nicaragua peaked at 3,864 million USD in 2017 and was at its lowest, 422.27 million USD, in 1979.
Nicaragua ranks 144th of 235 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Nicaragua, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 1,144 million USD | — |
| 1971 | 1,180 million USD | +3.1% |
| 1972 | 1,048 million USD | -11.2% |
| 1973 | 1,438 million USD | +37.2% |
| 1974 | 1,758 million USD | +22.2% |
| 1975 | 1,596 million USD | -9.2% |
| 1976 | 1,685 million USD | +5.6% |
| 1977 | 2,159 million USD | +28.2% |
| 1978 | 1,204 million USD | -44.2% |
| 1979 | 422.27 million USD | -64.9% |
| 1980 | 1,065 million USD | +152.2% |
| 1981 | 1,705 million USD | +60.1% |
| 1982 | 1,377 million USD | -19.3% |
| 1983 | 1,441 million USD | +4.7% |
| 1984 | 1,473 million USD | +2.2% |
| 1985 | 1,490 million USD | +1.1% |
| 1986 | 1,399 million USD | -6.1% |
| 1987 | 1,413 million USD | +1.0% |
| 1988 | 1,243 million USD | -12.0% |
| 1989 | 1,018 million USD | -18.1% |
| 1990 | 935.13 million USD | -8.1% |
| 1991 | 855.61 million USD | -8.5% |
| 1992 | 1,008 million USD | +17.9% |
| 1993 | 951.15 million USD | -5.7% |
| 1994 | 1,101 million USD | +15.7% |
| 1995 | 1,158 million USD | +5.2% |
| 1996 | 1,302 million USD | +12.5% |
| 1997 | 1,457 million USD | +11.9% |
| 1998 | 1,558 million USD | +6.9% |
| 1999 | 2,120 million USD | +36.1% |
| 2000 | 1,885 million USD | -11.1% |
| 2001 | 1,783 million USD | -5.4% |
| 2002 | 1,671 million USD | -6.3% |
| 2003 | 1,681 million USD | +0.6% |
| 2004 | 1,794 million USD | +6.7% |
| 2005 | 1,972 million USD | +9.9% |
| 2006 | 2,010 million USD | +1.9% |
| 2007 | 2,263 million USD | +12.6% |
| 2008 | 2,457 million USD | +8.6% |
| 2009 | 1,853 million USD | -24.6% |
| 2010 | 1,991 million USD | +7.4% |
| 2011 | 2,430 million USD | +22.1% |
| 2012 | 2,932 million USD | +20.6% |
| 2013 | 3,088 million USD | +5.3% |
| 2014 | 3,191 million USD | +3.3% |
| 2015 | 3,733 million USD | +17.0% |
| 2016 | 3,786 million USD | +1.4% |
| 2017 | 3,864 million USD | +2.1% |
| 2018 | 3,014 million USD | -22.0% |
| 2019 | 2,186 million USD | -27.5% |
| 2020 | 2,420 million USD | +10.7% |
| 2021 | 3,243 million USD | +34.0% |
| 2022 | 3,106 million USD | -4.2% |
| 2023 | 3,482 million USD | +12.1% |
Nicaragua compared with similar countries
- Nicaragua's 3,482 million USD is below the median for lower middle income countries, which is 5,259 million USD, 66% of the median. (44 countries reporting)
- Nicaragua's 3,482 million USD is above the median for Latin America & Caribbean, which is 2,959 million USD, 1.2× the median. (38 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Nicaragua changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1980 | +152.2% | 422.27 million USD | 1,065 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,363 million USD | 422.27 million USD | 2,159 million USD | 10 |
| 1980s | 1,362 million USD | 1,018 million USD | 1,705 million USD | 10 |
| 1990s | 1,245 million USD | 855.61 million USD | 2,120 million USD | 10 |
| 2000s | 1,937 million USD | 1,671 million USD | 2,457 million USD | 10 |
| 2010s | 3,021 million USD | 1,991 million USD | 3,864 million USD | 10 |
| 2020s | 3,063 million USD | 2,420 million USD | 3,482 million USD | 4 |
Countries ranked near Nicaragua
- 141 Rwanda 3,780 million USD compare
- 142 Burkina Faso 3,694 million USD compare
- 143 Madagascar 3,609 million USD compare
- 145 Niger 3,403 million USD compare
- 146 Kyrgyzstan 3,393 million USD compare
- 147 Malta 3,378 million USD compare
More economy & growth data for Nicaragua
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.29 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.16 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0168 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 53.46 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.8097 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0123 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 39.04 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -11.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.014 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Nicaragua?
- Gross fixed capital formation — value us$, 2015 prices in Nicaragua was 3,482 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Nicaragua?
- The highest recorded value was 3,864 million USD in 2017.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Nicaragua?
- The lowest recorded value was 422.27 million USD in 1979.
- How does Nicaragua rank for gross fixed capital formation — value us$, 2015 prices?
- Nicaragua ranks 144th out of 235 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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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).