Gross National Income — Value Standard Local Currency in Nicaragua
Nicaragua: Gross National Income — Value Standard Local Currency was 617,142 million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in Nicaragua, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, gross national income — value standard local currency in Nicaragua stood at 617,142 million SLC. That is the highest value across all 54 years on record.
The figure is up 18.4% on the previous year and up 139.0% over ten years.
Over the whole period, gross national income — value standard local currency in Nicaragua peaked at 617,142 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 National Income — Value Standard Local Currency in Nicaragua, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 0 million SLC | — |
| 1971 | 0 million SLC | +0.0% |
| 1972 | 0 million SLC | +0.0% |
| 1973 | 0 million SLC | +50.0% |
| 1974 | 0 million SLC | +33.3% |
| 1975 | 0 million SLC | +0.0% |
| 1976 | 0 million SLC | +25.0% |
| 1977 | 0 million SLC | +20.0% |
| 1978 | 0 million SLC | +0.0% |
| 1979 | 0 million SLC | -16.7% |
| 1980 | 0 million SLC | +60.0% |
| 1981 | 0 million SLC | +12.5% |
| 1982 | 0 million SLC | +22.2% |
| 1983 | 0 million SLC | +18.2% |
| 1984 | 0 million SLC | +38.5% |
| 1985 | 0 million SLC | +150.0% |
| 1986 | 0.0002 million SLC | +277.8% |
| 1987 | 0.0011 million SLC | +520.6% |
| 1988 | 0.1266 million SLC | +11903.1% |
| 1989 | 5.96 million SLC | +4608.0% |
| 1990 | 451.06 million SLC | +7465.7% |
| 1991 | 14,064 million SLC | +3018.1% |
| 1992 | 17,806 million SLC | +26.6% |
| 1993 | 20,970 million SLC | +17.8% |
| 1994 | 23,077 million SLC | +10.0% |
| 1995 | 27,558 million SLC | +19.4% |
| 1996 | 32,810 million SLC | +19.1% |
| 1997 | 38,253 million SLC | +16.6% |
| 1998 | 46,532 million SLC | +21.6% |
| 1999 | 54,361 million SLC | +16.8% |
| 2000 | 61,525 million SLC | +13.2% |
| 2001 | 67,409 million SLC | +9.6% |
| 2002 | 70,838 million SLC | +5.1% |
| 2003 | 76,548 million SLC | +8.1% |
| 2004 | 88,400 million SLC | +15.5% |
| 2005 | 102,577 million SLC | +16.0% |
| 2006 | 114,279 million SLC | +11.4% |
| 2007 | 133,102 million SLC | +16.5% |
| 2008 | 160,255 million SLC | +20.4% |
| 2009 | 163,526 million SLC | +2.0% |
| 2010 | 181,675 million SLC | +11.1% |
| 2011 | 212,993 million SLC | +17.2% |
| 2012 | 238,094 million SLC | +11.8% |
| 2013 | 258,243 million SLC | +8.5% |
| 2014 | 296,616 million SLC | +14.9% |
| 2015 | 334,175 million SLC | +12.7% |
| 2016 | 361,776 million SLC | +8.3% |
| 2017 | 392,795 million SLC | +8.6% |
| 2018 | 390,506 million SLC | -0.6% |
| 2019 | 405,339 million SLC | +3.8% |
| 2020 | 407,698 million SLC | +0.6% |
| 2021 | 465,972 million SLC | +14.3% |
| 2022 | 521,289 million SLC | +11.9% |
| 2023 | 617,142 million SLC | +18.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 million SLC | 0 million SLC | 0 million SLC | 10 |
| 1980s | 0.609 million SLC | 0 million SLC | 5.96 million SLC | 10 |
| 1990s | 27,588 million SLC | 451.06 million SLC | 54,361 million SLC | 10 |
| 2000s | 103,846 million SLC | 61,525 million SLC | 163,526 million SLC | 10 |
| 2010s | 307,221 million SLC | 181,675 million SLC | 405,339 million SLC | 10 |
| 2020s | 503,025 million SLC | 407,698 million SLC | 617,142 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 11.11 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.511 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 1,622 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 12.81 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 12.81 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 12.55 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 5.3 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 16,825 current LCU per person (2025)
Frequently asked questions
- What is gross national income — value standard local currency in Nicaragua?
- Gross national income — value standard local currency in Nicaragua was 617,142 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in Nicaragua?
- The highest recorded value was 617,142 million SLC in 2023.
- What is the lowest gross national income — value standard local currency recorded in Nicaragua?
- The lowest recorded value was 0 million SLC in 1970.
- How does Nicaragua rank for gross national income — value standard local currency?
- Nicaragua ranks 105th out of 202 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in Nicaragua?
- Over the last ten years it is up 139.0%. 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 National Income — 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).