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Nicaragua World Economy Ranking: 61 stats

Economic indicators provided by The World Bank. Freedom indexes by The Heritage and Cato Institute. Human development data from the United Nations Office of Drugs and Crime.

Gross Domestic Product & Income

StatNicaraguaRank
GDP$13.1B133
GDP growth, 1 year-4%191
GDP growth, 5-years average3%91
Population6.2M109
GDP per capita$2k148
GDP per capita growth-5.02%190
Purchasing Power Parity conversion factor11.5781
Price level ratio of PPP conversion factor GDP to market exchange rate0.37143
GDP per capita, PPP adjusted$5.7k141
GNI, Atlas method$13.1B127
GNI per capita$2k139
GNI, PPP adjusted$34.9B123
GNI per capita, PPP adjusted$5.4k136

Financial system and Human development

StatNicaraguaRank
Income Tax Rate30%89
Corporate Tax Rate30%137
Inflation, consumer prices5%151
Inflation, GDP deflator3.4%109
Unemployment4.5%79
Economic Freedom Index57.2125
Personal Freedom Index7.4175
Human Freedom Index7.2265
Property Rights Index33.5165
Judical Effectiveness Index19.5170
Business Freedom Index55.1128
Fiscal Health Index87.267
Labor Freedom Index55.5112
Investment Freedom Index6087
Financial Freedom Index5090
Trade Freedom Index75.492
Monetary Freedom Index71.5137
Government Spending Index77.566
Tax Burden Index76.3103
Government Integrity Index24.3150
Corruption Perceptions Index25169
Life expectancy at birth, years74.195
Suicide mortality rate, per 100,000 people12.2146
Mortality caused by road traffic injury, per 100,000 people15.397
Intentional homicides, per 100,000 people7.4137
International tourism, number of arrivals1.3M106

Government debt & reserves

StatNicaraguaRank
Central government debt, % of GDP37.2%134
External debt stocks, % of GNI90.7%13
External debt stocks$11.6B60
Short-term debt, % of total reserves60.3%22
Total debt service, % of exports and primary income19%36
Adjusted net savings including particulate emission damage, % of GNI14.4%44
Gross savings, % of GDP23.6%70
Gross capital formation, % of GDP22.9%95
Total reserves including gold$2.3B111
Foreign direct investment net inflows$359.2M118

Exports, imports and economic structure

StatNicaraguaRank
Exports of goods and services, % of GDP42%72
Imports of goods and services, % of GDP51.3%69
Current account balance (balance of payments)$83M47
Revenue excluding grants, % of GDP16.8%117
Grants excluding technical cooperation, BoP$162.6M84
Personal remittances received$1.5B70
Industry including construction value added, % of GDP25.8%85
Agriculture, forestry and fishing value added, % of GDP15.5%49
Charges for the use of intellectual property, payments BoP$1.9M136
Charges for the use of intellectual property, receipts BoPN/A-
Expense, % of GDP16.7%119
Government Expenditure, % of GDP27.4%113

Compare Nicaragua Economy with other countries

CountryGDP
per capita
Population
CountryGDP
per capita
Population
Afghanistan
$521
34.9M
Albania
$5.3k
3.02M
Algeria
$4.1k
41.3M
Andorra
$42k
76.2k
Angola
$3.4k
29.8M
Antigua and Barbuda
$17k
102k
Argentina
$12k
44.9M
Armenia
$4.2k
2.93M
Australia
$57k
24.5M
Austria
$51k
8.81M
Azerbaijan
$4.7k
10M
Bahamas
$32k
395k
Bahrain
$24k
1.49M
Bangladesh
$1.7k
165M
Barbados
$18k
286k
Belarus
$6.3k
9.41M
Belgium
$48k
11.4M
Belize
$4.9k
375k
Benin
$902
11.2M
Bhutan
$3.2k
808k
Bolivia
$3.5k
11.1M
Bosnia and Herzegovina
$6.1k
3.51M
Botswana
$8.3k
2.29M
Brazil
$8.9k
210M
Brunei
$32k
429k
Bulgaria
$9.3k
7M
Burkina Faso
$715
19.2M
Burundi
$272
10.9M
Cambodia
$1.5k
16M
Cameroon
$1.5k
24.1M
Canada
$46k
37.9M
Cape Verde
$3.6k
546k
Cayman Islands
$81k
58.4k
Central African Republic
$476
4.66M
Chad
$728
15.5M
Chile
$16k
18.1M
China
$9.8k
1.41B
Colombia
$6.7k
49.1M
Comoros
$1.4k
824k
Congo
$2.1k
5.26M
Costa Rica
$12k
4.91M
Croatia
$15k
4.11M
Cuba
$8.8k
11.5M
Curacao
$20k
160k
Cyprus
$28k
1.14M
Czech Republic
$23k
10.7M
DR Congo
$562
86.8M
Denmark
$61k
5.83M
Djibouti
$3.1k
957k
Dominica
$7.7k
73.9k
Dominican Republic
$8.1k
10.4M
East Timor
$2k
1.3M
Ecuador
$6.3k
16.6M
Egypt
$2.5k
94.8M
El Salvador
$4.1k
6.42M
Equatorial Guinea
$10k
1.27M
Eritrea
$811
3.5M
Estonia
$23k
1.32M
Eswatini
$4.1k
1.37M
Ethiopia
$772
105M
Fiji
$6.3k
906k
Finland
$50k
5.5M
France
$41k
66.6M
Gabon
$8k
2.03M
Gambia
$716
2.1M
Georgia
$4.7k
3.72M
Germany
$48k
83.1M
Ghana
$2.2k
26.9M
Greece
$20k
10.8M
Grenada
$11k
108k
Guatemala
$4.5k
17.3M
Guinea
$879
12.7M
Guinea-Bissau
$778
1.86M
Guyana
$5k
778k
Haiti
$868
11M
Honduras
$2.5k
9.27M
Hungary
$16k
9.94M
Iceland
$73k
357k
India
$2k
1.33B
Indonesia
$3.9k
264M
Iran
$5.6k
80M
Iraq
$5.8k
38.3M
Ireland
$79k
4.76M
Israel
$42k
9.09M
Italy
$34k
60.3M
Ivory Coast
$1.7k
24.3M
Jamaica
$5.4k
2.89M
Japan
$39k
127M
Jordan
$4.2k
10.4M
Kazakhstan
$9.8k
18.3M
Kenya
$1.7k
48.5M
Kiribati
$1.6k
116k
Kuwait
$34k
4.6M
Kyrgyzstan
$1.3k
6.2M
Laos
$2.5k
6.86M
Latvia
$18k
1.91M
Lebanon
$8.3k
6.1M
Lesotho
$1.3k
2.23M
Liberia
$677
4.73M
Libya
$7.2k
6.68M
Liechtenstein
$165k
37.9k
Lithuania
$19k
2.79M
Luxembourg
$117k
626k
Madagascar
$528
25.6M
Malawi
$389
18.6M
Malaysia
$11k
31.6M
Maldives
$10k
436k
Mali
$900
18.5M
Malta
$30k
465k
Marshall Islands
$3.8k
53.1k
Mauritania
$1.2k
4.42M
Mauritius
$11k
1.26M
Mexico
$9.7k
131M
Moldova
$3.2k
2.55M
Monaco
$186k
38.7k
Mongolia
$4.1k
3.08M
Montenegro
$8.8k
622k
Morocco
$3.2k
36M
Mozambique
$499
29.7M
Myanmar
$1.3k
53.4M
Namibia
$5.9k
2.53M
Nauru
$9.9k
13.7k
Nepal
$1k
29.4M
Netherlands
$53k
17.3M
New Zealand
$42k
4.94M
Niger
$414
21.5M
Nigeria
$2k
191M
North Korea
$1.7k
25.5M
North Macedonia
$6.1k
2.08M
Norway
$82k
5.37M
Oman
$16k
4.83M
Pakistan
$1.5k
197M
Palau
$16k
21.7k
Palestine
$3.2k
4.68M
Panama
$16k
4.1M
Papua New Guinea
$2.7k
8.25M
Paraguay
$5.8k
6.81M
Peru
$6.9k
29.4M
Philippines
$3.1k
105M
Poland
$15k
38.4M
Portugal
$23k
10.6M
Qatar
$69k
2.64M
Romania
$12k
19.6M
Russia
$11k
147M
Rwanda
$773
12.2M
Saint Kitts and Nevis
$19k
55.3k
Saint Lucia
$11k
179k
Saint Vincent
$7.4k
110k
Samoa
$4.2k
196k
San Marino
$48k
33.4k
Sao Tome and Principe
$2k
204k
Saudi Arabia
$23k
33M
Senegal
$1.5k
15.9M
Serbia
$7.2k
7.02M
Seychelles
$16k
95.8k
Sierra Leone
$534
7.56M
Singapore
$65k
5.89M
Slovakia
$19k
5.4M
Slovenia
$26k
2.07M
Solomon Islands
$2.1k
611k
Somalia
$315
11M
South Africa
$6.4k
57.7M
South Korea
$31k
51.5M
South Sudan
$1.1k
12.6M
Spain
$30k
46.7M
Sri Lanka
$4.1k
21.4M
Sudan
$977
40.5M
Suriname
$6.2k
563k
Sweden
$55k
10.3M
Switzerland
$83k
8.47M
Syria
$2k
18.3M
Taiwan
$25k
23.6M
Tajikistan
$827
8.92M
Tanzania
$1.1k
57.3M
Thailand
$7.3k
65.9M
Togo
$679
7.8M
Tonga
$4.4k
108k
Trinidad and Tobago
$17k
1.37M
Tunisia
$3.4k
11.6M
Turkey
$9.4k
82M
Turkmenistan
$7k
5.85M
Tuvalu
$3.7k
11.2k
Uganda
$643
42.9M
Ukraine
$3.1k
42.6M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
United States
$63k
325M
Uruguay
$17k
3.46M
Uzbekistan
$1.5k
32.4M
Vanuatu
$3.1k
276k
Vatican City
$21k
1k
Venezuela
$16k
28.5M
Vietnam
$2.6k
94.7M
Yemen
$944
28.3M
Zambia
$1.5k
17.1M
Zimbabwe
$2.1k
16.5M