Dominica vs Nicaragua: Economic Indicators Comparison

Nicaragua with a GDP of $13.1B ranked the 133rd largest economy in the world, while Dominica ranked 189th with $550.9M. By GDP 5-years average growth and GDP per capita, Nicaragua and Dominica ranked 91st vs 177th and 148th vs 87th, respectively.

Gross Domestic Product & Income

StatDominicaNicaragua
GDP$550.9M$13.1B
GDP growth, 1 year-12%-4%
GDP growth, 5-years average-2.8%3%
Population74k6.2M
GDP per capita$7.7k$2k
GDP per capita growth2.03%-5.02%
Purchasing Power Parity conversion factor1.8711.57
Price level ratio of PPP conversion factor GDP to market exchange rate0.690.37
GDP per capita, PPP adjusted$9.9k$5.7k
GNI, Atlas method$508.1M$13.1B
GNI per capita$7.1k$2k
GNI, PPP adjusted$735.4M$34.9B
GNI per capita, PPP adjusted$10k$5.4k

Financial system and Human development

StatDominicaNicaragua
Income Tax Rate35%30%
Corporate Tax Rate30%30%
Inflation, consumer prices1.4%5%
Inflation, GDP deflator3.6%3.4%
Unemployment0%4.5%
Economic Freedom Index60.857.2
Personal Freedom Index6.17.41
Human Freedom Index6.17.22
Property Rights Index59.833.5
Judical Effectiveness Index62.619.5
Business Freedom Index70.455.1
Fiscal Health Index86.287.2
Labor Freedom Index60.755.5
Investment Freedom Index7060
Financial Freedom Index3050
Trade Freedom Index68.475.4
Monetary Freedom Index83.571.5
Government Spending Index1677.5
Tax Burden Index70.576.3
Government Integrity Index51.224.3
Corruption Perceptions Index5725
Life expectancy at birth, years76.674.1
Suicide mortality rate, per 100,000 people212.2
Mortality caused by road traffic injury, per 100,000 people10.915.3
Intentional homicides, per 100,000 people25.77.4
International tourism, number of arrivals63k1.3M

Government debt & reserves

StatDominicaNicaragua
Central government debt, % of GDP83.1%37.2%
External debt stocks, % of GNI55.3%90.7%
External debt stocks$279.2M$11.6B
Short-term debt, % of total reserves6.9%60.3%
Total debt service, % of exports and primary income16.5%19%
Adjusted net savings including particulate emission damage, % of GNIN/A14.4%
Gross savings, % of GDPN/A23.6%
Gross capital formation, % of GDPN/A22.9%
Total reserves including gold$191.3M$2.3B
Foreign direct investment net inflows$13.3M$359.2M

Exports, imports and economic structure

StatDominicaNicaragua
Exports of goods and services, % of GDP42.9%42%
Imports of goods and services, % of GDP65.1%51.3%
Current account balance (balance of payments)-$225.1M$83M
Revenue excluding grants, % of GDPN/A16.8%
Grants excluding technical cooperation, BoP$28.3M$162.6M
Personal remittances received$49.2M$1.5B
Industry including construction value added, % of GDP15.8%25.8%
Agriculture, forestry and fishing value added, % of GDP11.1%15.5%
Charges for the use of intellectual property, payments BoP$662k$1.9M
Charges for the use of intellectual property, receipts BoP$119N/A
Expense, % of GDPN/A16.7%
Government Expenditure, % of GDP52.9%27.4%

Compare with countries close by GDP per capita

Dominica vs

CountryGDP
per capita
Population
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M

Nicaragua vs

CountryGDP
per capita
Population
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k