Machinery and transport equipment in Nicaragua
Nicaragua: Machinery and transport equipment was 10.9% in 2024. ◆ Volatile
Machinery and transport equipment in Nicaragua, 1963–2024
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
In 2024, machinery and transport equipment in Nicaragua stood at 10.9%.
Compared with earlier readings it is down 10.3% on the previous year and up 12.4% over ten years.
Over the whole period, machinery and transport equipment in Nicaragua peaked at 12.5% in 2021 and was at its lowest, 0.2%, in 1964.
That places Nicaragua 65th out of 149 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Machinery and transport equipment in Nicaragua, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1963 | 0.2% | — |
| 1964 | 0.2% | -0.9% |
| 1965 | 0.2% | +37.6% |
| 1966 | 0.3% | +32.0% |
| 1967 | 0.3% | +27.1% |
| 1968 | 0.4% | +23.9% |
| 1969 | 0.3% | -19.2% |
| 1970 | 0.4% | +9.0% |
| 1971 | 0.4% | +4.7% |
| 1972 | 0.4% | +3.5% |
| 1973 | 0.6% | +46.2% |
| 1974 | 0.7% | +24.4% |
| 1975 | 0.8% | +2.3% |
| 1976 | 0.8% | +1.4% |
| 1977 | 0.8% | +1.5% |
| 1978 | 0.8% | +3.0% |
| 1979 | 0.6% | -31.5% |
| 1980 | 0.4% | -33.2% |
| 1981 | 0.7% | +99.4% |
| 1982 | 0.7% | -11.7% |
| 1983 | 0.6% | -13.0% |
| 1984 | 0.7% | +23.1% |
| 1985 | 0.6% | -15.1% |
| 1994 | 0.7% | +15.5% |
| 1995 | 0.6% | -7.1% |
| 1996 | 0.6% | -4.2% |
| 1997 | 0.6% | +6.1% |
| 1998 | 0.8% | +19.8% |
| 1999 | 0.7% | -4.3% |
| 2000 | 0.5% | -38.5% |
| 2001 | 0.6% | +24.1% |
| 2002 | 0.6% | +2.6% |
| 2003 | 0.6% | +8.5% |
| 2004 | 0.6% | -2.4% |
| 2005 | 0.5% | -10.9% |
| 2006 | 5.6% | +924.9% |
| 2007 | 5.4% | -4.1% |
| 2008 | 6.6% | +22.0% |
| 2009 | 7.1% | +8.2% |
| 2010 | 7.8% | +9.2% |
| 2011 | 8.1% | +5.0% |
| 2012 | 9.6% | +18.4% |
| 2013 | 9.6% | -0.1% |
| 2014 | 9.7% | +0.2% |
| 2015 | 10.1% | +4.4% |
| 2016 | 11.7% | +15.9% |
| 2017 | 11.3% | -3.4% |
| 2018 | 10.7% | -5.6% |
| 2019 | 11.5% | +8.3% |
| 2020 | 10.6% | -7.9% |
| 2021 | 12.5% | +17.9% |
| 2022 | 11.2% | -10.4% |
| 2023 | 12.1% | +7.9% |
| 2024 | 10.9% | -10.3% |
Nicaragua compared with similar countries
- Nicaragua's 10.9% is above the median for lower middle income countries, which is 4.0%, 2.7× the median. (30 countries reporting)
- Nicaragua's 10.9% is above the median for Latin America & Caribbean, which is 4.0%, 2.7× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Machinery and transport equipment 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 |
|---|---|---|---|
| 2006 | +924.9% | 0.5% | 5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.3% | 0.2% | 0.4% | 7 |
| 1970s | 0.6% | 0.4% | 0.8% | 10 |
| 1980s | 0.6% | 0.4% | 0.7% | 6 |
| 1990s | 0.7% | 0.6% | 0.8% | 6 |
| 2000s | 2.8% | 0.5% | 7.1% | 10 |
| 2010s | 10.0% | 7.8% | 11.7% | 10 |
| 2020s | 11.5% | 10.6% | 12.5% | 5 |
Countries ranked near Nicaragua
- 62 Moldova 13.5% compare
- 63 United Arab Emirates 12.2% compare
- 64 Switzerland 11.1% compare
- 66 Latvia 10.8% compare
- 67 Montenegro 10.1% compare
- 68 Uzbekistan 9.6% 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 machinery and transport equipment in Nicaragua?
- Machinery and transport equipment in Nicaragua was 10.9% in 2024, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest machinery and transport equipment recorded in Nicaragua?
- The highest recorded value was 12.5% in 2021.
- What is the lowest machinery and transport equipment recorded in Nicaragua?
- The lowest recorded value was 0.2% in 1964.
- How does Nicaragua rank for machinery and transport equipment?
- Nicaragua ranks 65th out of 149 countries with data for 2024.
- Is machinery and transport equipment rising or falling in Nicaragua?
- Over the last ten years it is up 12.4%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Machinery and transport equipment (% of value added in manufacturing). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).