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Nicaragua vs Russia: Economic Indicators Comparison

Russia with a GDP of $1.7T ranked the 11th largest economy in the world, while Nicaragua ranked 133rd with $13.1B. By GDP 5-years average growth and GDP per capita, Russia and Nicaragua ranked 162nd vs 91st and 68th vs 148th, respectively.

Gross Domestic Product & Income

StatNicaraguaRussia
GDP$13.1B$1.7T
GDP growth, 1 year-4%2.3%
GDP growth, 5-years average3%0.5%
Population6.2M146.8M
GDP per capita$2k$11k
GDP per capita growth-5.02%2.26%
Purchasing Power Parity conversion factor11.5725.64
Price level ratio of PPP conversion factor GDP to market exchange rate0.370.41
GDP per capita, PPP adjusted$5.7k$29k
GNI, Atlas method$13.1B$1.5T
GNI per capita$2k$10k
GNI, PPP adjusted$34.9B$3.9T
GNI per capita, PPP adjusted$5.4k$26k

Financial system and Human development

StatNicaraguaRussia
Income Tax Rate30%13%
Corporate Tax Rate30%20%
Inflation, consumer prices5%2.9%
Inflation, GDP deflator3.4%10.3%
Unemployment4.5%4.7%
Economic Freedom Index57.261
Personal Freedom Index7.416.56
Human Freedom Index7.226.49
Property Rights Index33.556.8
Judical Effectiveness Index19.544.4
Business Freedom Index55.180.2
Fiscal Health Index87.298.7
Labor Freedom Index55.552.1
Investment Freedom Index6030
Financial Freedom Index5030
Trade Freedom Index75.477.8
Monetary Freedom Index71.568.2
Government Spending Index77.563.8
Tax Burden Index76.388.5
Government Integrity Index24.341.3
Corruption Perceptions Index2528
Life expectancy at birth, years74.172.1
Suicide mortality rate, per 100,000 people12.231
Mortality caused by road traffic injury, per 100,000 people15.318
Intentional homicides, per 100,000 people7.49.2
International tourism, number of arrivals1.3M24.6M

Government debt & reserves

StatNicaraguaRussia
Central government debt, % of GDP37.2%14%
External debt stocks, % of GNI90.7%28.1%
External debt stocks$11.6B$453.9B
Short-term debt, % of total reserves60.3%10.3%
Total debt service, % of exports and primary income19%19.6%
Adjusted net savings including particulate emission damage, % of GNI14.4%8%
Gross savings, % of GDP23.6%30.2%
Gross capital formation, % of GDP22.9%22.7%
Total reserves including gold$2.3B$468.6B
Foreign direct investment net inflows$359.2M$8.8B

Exports, imports and economic structure

StatNicaraguaRussia
Exports of goods and services, % of GDP42%30.7%
Imports of goods and services, % of GDP51.3%20.8%
Current account balance (balance of payments)$83M$113.5B
Revenue excluding grants, % of GDP16.8%27.5%
Grants excluding technical cooperation, BoP$162.6M$658.1M
Personal remittances received$1.5B$8.6B
Industry including construction value added, % of GDP25.8%32.1%
Agriculture, forestry and fishing value added, % of GDP15.5%3.1%
Charges for the use of intellectual property, payments BoP$1.9M$6.3B
Charges for the use of intellectual property, receipts BoPN/A$876.1M
Expense, % of GDP16.7%28.9%
Government Expenditure, % of GDP27.4%34.7%

Compare with countries close by GDP per capita

Nicaragua vs

CountryGDP
per capita
Population
Vanuatu
$3.1k
276k
Philippines
$3.1k
101M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
850k
Papua New Guinea
$2.7k
7.32M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.77M
Honduras
$2.5k
8.1M
Ghana
$2.2k
28.3M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
14.1M
Solomon Islands
$2.1k
561k
East Timor
$2k
1.18M
Syria
$2k
19.8M
Nigeria
$2k
191M
India
$2k
1.35B
Sao Tome and Principe
$2k
193k
Ivory Coast
$1.7k
20.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
24.9M
Bangladesh
$1.7k
157M
Kiribati
$1.6k
102k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
14.1M
Cambodia
$1.5k
15.1M
Pakistan
$1.5k
197M
Comoros
$1.4k
735k

Russia vs

CountryGDP
per capita
Population
Trinidad and Tobago
$17k
1.34M
Antigua and Barbuda
$17k
101k
Seychelles
$16k
95.8k
Oman
$16k
3.63M
Hungary
$16k
9.97M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
20.9k
Panama
$16k
3.86M
Poland
$15k
38.5M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.87M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
345k
Equatorial Guinea
$10k
1.22M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M