Value Added (Total Manufacturing) — Value Standard Local Currency in Nicaragua

Nicaragua: Value Added (Total Manufacturing) — Value Standard Local Currency was 14.11 % change on previous year in 2023. ◆ Volatile

Latest (2023)
14.11 % change on previous year
Change on year
up 8.7%
World rank
53rd
of 231 countries
All-time high
319.05 % change on previous year
in 1987
All-time low
-0.7785 % change on previous year
in 2020
Years of data
46
1974–2023

Value Added (Total Manufacturing) — Value Standard Local Currency in Nicaragua, 1974–2023

0100200300197419982023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Nicaragua recorded 14.11 % change on previous year for value added (total manufacturing) — value standard local currency in 2023.

Compared with earlier readings it is up 8.7% on the previous year and up 20.5% over ten years.

Over the whole period, value added (total manufacturing) — value standard local currency in Nicaragua peaked at 319.05 % change on previous year in 1987 and was at its lowest, -0.7785 % change on previous year, in 2020.

That places Nicaragua 53rd out of 231 countries with data for 2023, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added (Total Manufacturing) — Value Standard Local Currency in Nicaragua, year by year

Annual values for Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate in Nicaragua, 1974 to 2023.
Year % change on previous year Change
1974 0 % change on previous year —
1975 0 % change on previous year —
1976 0 % change on previous year —
1977 0 % change on previous year —
1978 0 % change on previous year —
1979 0 % change on previous year —
1980 100 % change on previous year —
1981 0 % change on previous year -100.0%
1982 50 % change on previous year —
1983 0 % change on previous year -100.0%
1984 33.33 % change on previous year —
1985 175 % change on previous year +425.0%
1986 281.82 % change on previous year +61.0%
1987 319.05 % change on previous year +13.2%
1992 18.39 % change on previous year -94.2%
1993 23.04 % change on previous year +25.3%
1994 8.59 % change on previous year -62.7%
1995 18.67 % change on previous year +117.3%
1996 14.83 % change on previous year -20.6%
1997 14.16 % change on previous year -4.5%
1998 10.57 % change on previous year -25.4%
1999 9.84 % change on previous year -6.9%
2000 17.94 % change on previous year +82.3%
2001 20.81 % change on previous year +16.0%
2002 13 % change on previous year -37.5%
2003 1.65 % change on previous year -87.3%
2004 15.52 % change on previous year +841.5%
2005 10.7 % change on previous year -31.0%
2006 14.43 % change on previous year +34.8%
2007 18.61 % change on previous year +29.0%
2008 20.32 % change on previous year +9.2%
2009 -0.3158 % change on previous year -101.6%
2010 16.12 % change on previous year -5203.3%
2011 15.42 % change on previous year -4.3%
2012 14.39 % change on previous year -6.7%
2013 11.71 % change on previous year -18.7%
2014 15.45 % change on previous year +31.9%
2015 8.65 % change on previous year -44.0%
2016 8.95 % change on previous year +3.5%
2017 5.08 % change on previous year -43.3%
2018 0.6833 % change on previous year -86.5%
2019 3.77 % change on previous year +452.2%
2020 -0.7785 % change on previous year -120.6%
2021 18.29 % change on previous year -2449.9%
2022 12.99 % change on previous year -29.0%
2023 14.11 % change on previous year +8.7%

Nicaragua compared with similar countries

  • Nicaragua's 14.11 % change on previous year is above the median for lower middle income countries, which is 9.36 % change on previous year, 1.5× the median. (44 countries reporting)
  • Nicaragua's 14.11 % change on previous year is above the median for Latin America & Caribbean, which is 5.11 % change on previous year, 2.8× the median. (38 countries reporting)

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value Standard Local Currency 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.

YearChange FromTo
2010 +5203.3% -0.3158 % change on previous year 16.12 % change on previous year
2021 +2449.9% -0.7785 % change on previous year 18.29 % change on previous year
2004 +841.5% 1.65 % change on previous year 15.52 % change on previous year
2019 +452.2% 0.6833 % change on previous year 3.77 % change on previous year
1985 +425.0% 33.33 % change on previous year 175 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 0 % change on previous year 0 % change on previous year 0 % change on previous year 6
1980s 119.9 % change on previous year 0 % change on previous year 319.05 % change on previous year 8
1990s 14.76 % change on previous year 8.59 % change on previous year 23.04 % change on previous year 8
2000s 13.27 % change on previous year -0.3158 % change on previous year 20.81 % change on previous year 10
2010s 10.02 % change on previous year 0.6833 % change on previous year 16.12 % change on previous year 10
2020s 11.15 % change on previous year -0.7785 % change on previous year 18.29 % change on previous year 4

Countries ranked near Nicaragua

  1. 50 Guinea-Bissau 14.67 % change on previous year compare
  2. 51 Moldova 14.37 % change on previous year compare
  3. 51 Republic of Moldova 14.37 % change on previous year compare
  4. 54 Madagascar 13.96 % change on previous year compare
  5. 55 Croatia 13.95 % change on previous year compare
  6. 56 Grenada 13.92 % change on previous year compare

See the full ranking of 232 places →

More economy & growth data for Nicaragua

All data for Nicaragua →

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 14.11 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value standard local currency recorded in Nicaragua?
The highest recorded value was 319.05 % change on previous year in 1987.
What is the lowest value added (total manufacturing) — value standard local currency recorded in Nicaragua?
The lowest recorded value was -0.7785 % change on previous year in 2020.
How does Nicaragua rank for value added (total manufacturing) — value standard local currency?
Nicaragua ranks 53rd out of 231 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 20.5%. The long-run trend across the full record is volatile.
Where does this Nicaragua data come from?
The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value Standard Local Currency in Nicaragua. Statizoid, drawing on Statizoid (derived). Retrieved 26 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency-annual-growth-rate/nicaragua/

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How this figure is calculated

The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
232 places, 11,099 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.