Nicaragua vs Palau: Economic Indicators Comparison

Nicaragua with a GDP of $13.1B ranked the 133rd largest economy in the world, while Palau ranked 192nd with $284M. By GDP per capita, Nicaragua and Palau ranked 148th vs 60th, respectively.

Gross Domestic Product & Income

StatNicaraguaPalau
GDP$13.1B$284M
GDP growth, 1 year-4%1.71%
GDP growth, 5-years average3%N/A
Population6.2M22k
GDP per capita$2k$16k
GDP per capita growth-5.02%1.14%
Purchasing Power Parity conversion factor11.570.86
Price level ratio of PPP conversion factor GDP to market exchange rate0.370.86
GDP per capita, PPP adjusted$5.7k$19k
GNI, Atlas method$13.1B$309.4M
GNI per capita$2k$17k
GNI, PPP adjusted$34.9B$349.4M
GNI per capita, PPP adjusted$5.4k$20k

Financial system and Human development

StatNicaraguaPalau
Income Tax Rate30%N/A
Corporate Tax Rate30%N/A
Inflation, consumer prices5%1.3%
Inflation, GDP deflator3.4%-2.5%
Unemployment4.5%1.4%
Economic Freedom Index57.262
Personal Freedom Index7.416.4
Human Freedom Index7.226.4
Property Rights Index33.5N/A
Judical Effectiveness Index19.5N/A
Business Freedom Index55.1N/A
Fiscal Health Index87.2N/A
Labor Freedom Index55.5N/A
Investment Freedom Index60N/A
Financial Freedom Index50N/A
Trade Freedom Index75.4N/A
Monetary Freedom Index71.5N/A
Government Spending Index77.5N/A
Tax Burden Index76.3N/A
Government Integrity Index24.3N/A
Corruption Perceptions Index2549
Life expectancy at birth, years74.169.1
Suicide mortality rate, per 100,000 people12.221.7
Mortality caused by road traffic injury, per 100,000 people15.34.8
Intentional homicides, per 100,000 people7.43.1
International tourism, number of arrivals1.3M106k

Government debt & reserves

StatNicaraguaPalau
Central government debt, % of GDP37.2%67.5%
External debt stocks, % of GNI90.7%N/A
External debt stocks$11.6BN/A
Short-term debt, % of total reserves60.3%N/A
Total debt service, % of exports and primary income19%N/A
Adjusted net savings including particulate emission damage, % of GNI14.4%N/A
Gross savings, % of GDP23.6%10.7%
Gross capital formation, % of GDP22.9%26.7%
Total reserves including gold$2.3BN/A
Foreign direct investment net inflows$359.2M$21.5M

Exports, imports and economic structure

StatNicaraguaPalau
Exports of goods and services, % of GDP42%47%
Imports of goods and services, % of GDP51.3%76.3%
Current account balance (balance of payments)$83M-$51.8M
Revenue excluding grants, % of GDP16.8%27.3%
Grants excluding technical cooperation, BoP$162.6M$81.2M
Personal remittances received$1.5B$2.2M
Industry including construction value added, % of GDP25.8%8%
Agriculture, forestry and fishing value added, % of GDP15.5%3.2%
Charges for the use of intellectual property, payments BoP$1.9MN/A
Charges for the use of intellectual property, receipts BoPN/AN/A
Expense, % of GDP16.7%41.4%
Government Expenditure, % of GDP27.4%N/A

Compare with countries close by GDP per capita

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

Palau vs

CountryGDP
per capita
Population
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M