Sorghum — Producer Price in Nicaragua
Nicaragua: Sorghum — Producer Price was 746.7 USD in 2023. ◆ Volatile
Sorghum — Producer Price in Nicaragua, 1991–2023
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2023, sorghum — producer price in Nicaragua stood at 746.7 USD.
Compared with earlier readings it is down 1.0% on the previous year and up 148.2% over ten years.
Over the whole period, sorghum — producer price in Nicaragua peaked at 754.3 USD in 2022 and was at its lowest, 106.8 USD, in 2003.
Nicaragua ranks 5th of 61 countries on this measure, in the top 10%.
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 | USD | Change |
|---|---|---|
| 1991 | 165.3 USD | — |
| 1992 | 132.4 USD | -19.9% |
| 1993 | 150.2 USD | +13.4% |
| 1994 | 148.7 USD | -1.0% |
| 1995 | 205.7 USD | +38.3% |
| 1996 | 180.7 USD | -12.2% |
| 1997 | 154.4 USD | -14.6% |
| 1998 | 165.2 USD | +7.0% |
| 1999 | 140.1 USD | -15.2% |
| 2000 | 152.5 USD | +8.9% |
| 2001 | 136.8 USD | -10.3% |
| 2002 | 120.5 USD | -11.9% |
| 2003 | 106.8 USD | -11.4% |
| 2004 | 124.8 USD | +16.9% |
| 2005 | 157.8 USD | +26.4% |
| 2006 | 176.2 USD | +11.7% |
| 2007 | 222 USD | +26.0% |
| 2008 | 285.8 USD | +28.7% |
| 2009 | 273.8 USD | -4.2% |
| 2010 | 285.7 USD | +4.3% |
| 2011 | 418.7 USD | +46.6% |
| 2012 | 300.8 USD | -28.2% |
| 2018 | 322.4 USD | +7.2% |
| 2019 | 295.4 USD | -8.4% |
| 2020 | 272.8 USD | -7.7% |
| 2021 | 375.5 USD | +37.6% |
| 2022 | 754.3 USD | +100.9% |
| 2023 | 746.7 USD | -1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 160.3 USD | 132.4 USD | 205.7 USD | 9 |
| 2000s | 175.7 USD | 106.8 USD | 285.8 USD | 10 |
| 2010s | 324.6 USD | 285.7 USD | 418.7 USD | 5 |
| 2020s | 537.33 USD | 272.8 USD | 754.3 USD | 4 |
Countries ranked near Nicaragua
- 2 Palestine, State of 1,010 USD compare
- 2 United Republic of Tanzania 195 USD compare
- 3 Bolivia (Plurinational State of) 179.9 USD compare
- 3 Yemen 951.8 USD compare
- 4 Guinea-Bissau 853.1 USD compare
- 4 Republic of Moldova 158.4 USD compare
- 6 Serbia and Montenegro 700 USD compare
- 7 El Salvador 645.4 USD compare
- 7 Gambia 645.4 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)
- Gross capital formation (current US$), annual growth rate 17.51 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2576 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 817.4 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 17.52 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 9.43 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 29,937 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 17.13 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2426 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is sorghum — producer price in Nicaragua?
- Sorghum — producer price in Nicaragua was 746.7 USD 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 754.3 USD in 2022.
- What is the lowest sorghum — producer price recorded in Nicaragua?
- The lowest recorded value was 106.8 USD in 2003.
- How does Nicaragua rank for sorghum — producer price?
- Nicaragua ranks 5th 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 148.2%. 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 (USD/tonne). Statizoid updates them automatically from the source API.
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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.