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Nicaragua vs Singapore: Economic Indicators Comparison

Singapore with a GDP of $364.2B ranked the 36th largest economy in the world, while Nicaragua ranked 133rd with $13.1B. By GDP 5-years average growth and GDP per capita, Singapore and Nicaragua ranked 76th vs 91st and 10th vs 148th, respectively.

Gross Domestic Product & Income

StatNicaraguaSingapore
GDP$13.1B$364.2B
GDP growth, 1 year-4%3.2%
GDP growth, 5-years average3%3.3%
Population6.2M5.9M
GDP per capita$2k$65k
GDP per capita growth-5.02%2.66%
Purchasing Power Parity conversion factor11.570.86
Price level ratio of PPP conversion factor GDP to market exchange rate0.370.64
GDP per capita, PPP adjusted$5.7k$100k
GNI, Atlas method$13.1B$331.4B
GNI per capita$2k$59k
GNI, PPP adjusted$34.9B$533.8B
GNI per capita, PPP adjusted$5.4k$95k

Financial system and Human development

StatNicaraguaSingapore
Income Tax Rate30%22%
Corporate Tax Rate30%17%
Inflation, consumer prices5%0.4%
Inflation, GDP deflator3.4%1.9%
Unemployment4.5%3.8%
Economic Freedom Index57.289.4
Personal Freedom Index7.417.44
Human Freedom Index7.228.1
Property Rights Index33.596.8
Judical Effectiveness Index19.592.9
Business Freedom Index55.192.8
Fiscal Health Index87.280
Labor Freedom Index55.590.9
Investment Freedom Index6085
Financial Freedom Index5080
Trade Freedom Index75.494.8
Monetary Freedom Index71.585.6
Government Spending Index77.591.1
Tax Burden Index76.390.3
Government Integrity Index24.392.4
Corruption Perceptions Index2585
Life expectancy at birth, years74.182.9
Suicide mortality rate, per 100,000 people12.29.9
Mortality caused by road traffic injury, per 100,000 people15.32.8
Intentional homicides, per 100,000 people7.40.2
International tourism, number of arrivals1.3M14.7M

Government debt & reserves

StatNicaraguaSingapore
Central government debt, % of GDP37.2%108.3%
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%36.8%
Gross savings, % of GDP23.6%45.8%
Gross capital formation, % of GDP22.9%26.6%
Total reserves including gold$2.3B$292.7B
Foreign direct investment net inflows$359.2M$82B

Exports, imports and economic structure

StatNicaraguaSingapore
Exports of goods and services, % of GDP42%176.4%
Imports of goods and services, % of GDP51.3%149.8%
Current account balance (balance of payments)$83M$65.1B
Revenue excluding grants, % of GDP16.8%18.8%
Grants excluding technical cooperation, BoP$162.6M$1.6M
Personal remittances received$1.5BN/A
Industry including construction value added, % of GDP25.8%25.2%
Agriculture, forestry and fishing value added, % of GDP15.5%0%
Charges for the use of intellectual property, payments BoP$1.9M$15.2B
Charges for the use of intellectual property, receipts BoPN/A$8.7B
Expense, % of GDP16.7%15.2%
Government Expenditure, % of GDP27.4%17.2%

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

Singapore vs

CountryGDP
per capita
Population
Monaco
$186k
37.8k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
614k
Switzerland
$83k
8.21M
Norway
$82k
5.33M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.17M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
23.4M
Sweden
$55k
10.3M
Netherlands
$53k
17.2M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k