Value Added (Total Manufacturing) — Value Standard Local Currency in Nicaragua
Nicaragua: Value Added (Total Manufacturing) — Value Standard Local Currency was 62,745 million SLC in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in Nicaragua, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Nicaragua recorded 62,745 million SLC for value added (total manufacturing) — value standard local currency in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 2.2% on the previous year and up 40.1% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Nicaragua peaked at 62,745 million SLC in 2023 and was at its lowest, 16,940 million SLC, in 1990.
That places Nicaragua 96th out of 194 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Nicaragua, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 18,053 million SLC | — |
| 1971 | 18,921 million SLC | +4.8% |
| 1972 | 19,831 million SLC | +4.8% |
| 1973 | 20,762 million SLC | +4.7% |
| 1974 | 23,490 million SLC | +13.1% |
| 1975 | 24,047 million SLC | +2.4% |
| 1976 | 25,016 million SLC | +4.0% |
| 1977 | 26,961 million SLC | +7.8% |
| 1978 | 26,936 million SLC | -0.1% |
| 1979 | 19,567 million SLC | -27.4% |
| 1980 | 22,436 million SLC | +14.7% |
| 1981 | 23,113 million SLC | +3.0% |
| 1982 | 23,127 million SLC | +0.1% |
| 1983 | 24,429 million SLC | +5.6% |
| 1984 | 24,526 million SLC | +0.4% |
| 1985 | 23,374 million SLC | -4.7% |
| 1986 | 23,855 million SLC | +2.1% |
| 1987 | 23,473 million SLC | -1.6% |
| 1988 | 17,536 million SLC | -25.3% |
| 1989 | 17,206 million SLC | -1.9% |
| 1990 | 16,940 million SLC | -1.5% |
| 1991 | 18,025 million SLC | +6.4% |
| 1992 | 17,099 million SLC | -5.1% |
| 1993 | 17,108 million SLC | +0.0% |
| 1994 | 17,238 million SLC | +0.8% |
| 1995 | 18,371 million SLC | +6.6% |
| 1996 | 19,876 million SLC | +8.2% |
| 1997 | 21,422 million SLC | +7.8% |
| 1998 | 21,203 million SLC | -1.0% |
| 1999 | 22,677 million SLC | +7.0% |
| 2000 | 23,652 million SLC | +4.3% |
| 2001 | 25,037 million SLC | +5.9% |
| 2002 | 25,556 million SLC | +2.1% |
| 2003 | 26,180 million SLC | +2.4% |
| 2004 | 28,540 million SLC | +9.0% |
| 2005 | 30,142 million SLC | +5.6% |
| 2006 | 32,074 million SLC | +6.4% |
| 2007 | 33,274 million SLC | +3.7% |
| 2008 | 33,731 million SLC | +1.4% |
| 2009 | 31,883 million SLC | -5.5% |
| 2010 | 34,720 million SLC | +8.9% |
| 2011 | 38,138 million SLC | +9.8% |
| 2012 | 42,036 million SLC | +10.2% |
| 2013 | 44,782 million SLC | +6.5% |
| 2014 | 48,172 million SLC | +7.6% |
| 2015 | 49,367 million SLC | +2.5% |
| 2016 | 51,178 million SLC | +3.7% |
| 2017 | 52,640 million SLC | +2.9% |
| 2018 | 53,441 million SLC | +1.5% |
| 2019 | 52,271 million SLC | -2.2% |
| 2020 | 51,104 million SLC | -2.2% |
| 2021 | 58,375 million SLC | +14.2% |
| 2022 | 61,390 million SLC | +5.2% |
| 2023 | 62,745 million SLC | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22,358 million SLC | 18,053 million SLC | 26,961 million SLC | 10 |
| 1980s | 22,307 million SLC | 17,206 million SLC | 24,526 million SLC | 10 |
| 1990s | 18,996 million SLC | 16,940 million SLC | 22,677 million SLC | 10 |
| 2000s | 29,007 million SLC | 23,652 million SLC | 33,731 million SLC | 10 |
| 2010s | 46,674 million SLC | 34,720 million SLC | 53,441 million SLC | 10 |
| 2020s | 58,404 million SLC | 51,104 million SLC | 62,745 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)
- Industry (including construction), value added (constant 2015 US$) 7.07 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2057 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 652.71 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 7.07 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 2.3 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 7,314 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 8.94 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.452 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Nicaragua?
- Value added (total manufacturing) — value standard local currency in Nicaragua was 62,745 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Nicaragua?
- The highest recorded value was 62,745 million SLC in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Nicaragua?
- The lowest recorded value was 16,940 million SLC in 1990.
- How does Nicaragua rank for value added (total manufacturing) — value standard local currency?
- Nicaragua ranks 96th out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Nicaragua?
- Over the last ten years it is up 40.1%. 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 Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices. 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).