Sorghum — Producer Price in Nicaragua
Nicaragua: Sorghum — Producer Price was 27,682 LCU in 2023. ◆ Volatile
Sorghum — Producer Price in Nicaragua, 1991–2023
Source: Food and Agriculture Organization of the United Nations. Measured in LCU.
Analysis
Nicaragua recorded 27,682 LCU for sorghum — producer price in 2023. That is the highest value across all 29 years on record.
Compared with earlier readings it is up 37.0% on the previous year and up 272.1% over ten years.
Over the whole period, sorghum — producer price in Nicaragua peaked at 27,682 LCU in 2023 and was at its lowest, 662 LCU, in 1992.
That places Nicaragua 27th out of 61 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Sorghum — Producer Price in Nicaragua, year by year
| Year | LCU | Change |
|---|---|---|
| 1991 | 706 LCU | — |
| 1992 | 662 LCU | -6.2% |
| 1993 | 844 LCU | +27.5% |
| 1994 | 1,000 LCU | +18.5% |
| 1995 | 1,552 LCU | +55.2% |
| 1996 | 1,524 LCU | -1.8% |
| 1997 | 1,459 LCU | -4.3% |
| 1998 | 1,748 LCU | +19.8% |
| 1999 | 1,654 LCU | -5.4% |
| 2000 | 1,935 LCU | +17.0% |
| 2001 | 1,829 LCU | -5.5% |
| 2002 | 1,717 LCU | -6.1% |
| 2003 | 1,613 LCU | -6.1% |
| 2004 | 1,989 LCU | +23.3% |
| 2005 | 2,640 LCU | +32.7% |
| 2006 | 3,095 LCU | +17.2% |
| 2007 | 4,096 LCU | +32.3% |
| 2008 | 5,537 LCU | +35.2% |
| 2009 | 5,570 LCU | +0.6% |
| 2010 | 6,101 LCU | +9.5% |
| 2011 | 9,388 LCU | +53.9% |
| 2012 | 7,688 LCU | -18.1% |
| 2013 | 7,439 LCU | -3.2% |
| 2018 | 10,174 LCU | +36.8% |
| 2019 | 9,782 LCU | -3.8% |
| 2020 | 8,424 LCU | -13.9% |
| 2021 | 16,449 LCU | +95.3% |
| 2022 | 20,199 LCU | +22.8% |
| 2023 | 27,682 LCU | +37.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,239 LCU | 662 LCU | 1,748 LCU | 9 |
| 2000s | 3,002 LCU | 1,613 LCU | 5,570 LCU | 10 |
| 2010s | 8,429 LCU | 6,101 LCU | 10,174 LCU | 6 |
| 2020s | 18,189 LCU | 8,424 LCU | 27,682 LCU | 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)
- Households and NPISHs Final consumption expenditure (current LCU) 7.22 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 27.89 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 88,491 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 5.77 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5919 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 1,878 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 6.89 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.875 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is sorghum — producer price in Nicaragua?
- Sorghum — producer price in Nicaragua was 27,682 LCU in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest sorghum — producer price recorded in Nicaragua?
- The highest recorded value was 27,682 LCU in 2023.
- What is the lowest sorghum — producer price recorded in Nicaragua?
- The lowest recorded value was 662 LCU in 1992.
- How does Nicaragua rank for sorghum — producer price?
- Nicaragua ranks 27th out of 61 countries with data for 2023.
- Is sorghum — producer price rising or falling in Nicaragua?
- Over the last ten years it is up 272.1%. 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 Sorghum — Producer Price (LCU/tonne). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
This sub-domain contains data on agriculture producer prices and the producer price index. Agriculture producer prices are prices received by farmers for primary crops, live animals and livestock primary products as collected at the point of initial sale (prices paid at the farm gate). Annual data are provided from 1991 (while mothly data start in January 2010) for 180 countries and 212 products. The producer price index is the index of agricultural producer prices that measures the average annual change over time in the selling prices received by farmers (prices at the farm gate or at the first point of sale). The three categories of producer price index available in FAOSTAT comprise: single-item price index, commodity group index and the agriculture producer price index.