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Nicaragua vs Spain: Economic Indicators Comparison

Spain with a GDP of $1.4T ranked the 14th largest economy in the world, while Nicaragua ranked 133rd with $13.1B. By GDP 5-years average growth and GDP per capita, Spain and Nicaragua ranked 104th vs 91st and 34th vs 148th, respectively.

Gross Domestic Product & Income

StatNicaraguaSpain
GDP$13.1B$1.4T
GDP growth, 1 year-4%2.5%
GDP growth, 5-years average3%2.7%
Population6.2M46.5M
GDP per capita$2k$30k
GDP per capita growth-5.02%2.07%
Purchasing Power Parity conversion factor11.570.65
Price level ratio of PPP conversion factor GDP to market exchange rate0.370.76
GDP per capita, PPP adjusted$5.7k$40k
GNI, Atlas method$13.1B$1.4T
GNI per capita$2k$29k
GNI, PPP adjusted$34.9B$1.9T
GNI per capita, PPP adjusted$5.4k$40k

Financial system and Human development

StatNicaraguaSpain
Income Tax Rate30%45%
Corporate Tax Rate30%25%
Inflation, consumer prices5%1.7%
Inflation, GDP deflator3.4%1.1%
Unemployment4.5%15.5%
Economic Freedom Index57.266.9
Personal Freedom Index7.418.95
Human Freedom Index7.228.22
Property Rights Index33.574.9
Judical Effectiveness Index19.551.8
Business Freedom Index55.166.8
Fiscal Health Index87.262.6
Labor Freedom Index55.557.7
Investment Freedom Index6085
Financial Freedom Index5070
Trade Freedom Index75.486.4
Monetary Freedom Index71.582
Government Spending Index77.548.3
Tax Burden Index76.362.1
Government Integrity Index24.355.1
Corruption Perceptions Index2558
Life expectancy at birth, years74.183.3
Suicide mortality rate, per 100,000 people12.28.7
Mortality caused by road traffic injury, per 100,000 people15.34.1
Intentional homicides, per 100,000 people7.40.7
International tourism, number of arrivals1.3M82.8M

Government debt & reserves

StatNicaraguaSpain
Central government debt, % of GDP37.2%97%
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%9.1%
Gross savings, % of GDP23.6%22.3%
Gross capital formation, % of GDP22.9%20.4%
Total reserves including gold$2.3B$70.6B
Foreign direct investment net inflows$359.2M$49.1B

Exports, imports and economic structure

StatNicaraguaSpain
Exports of goods and services, % of GDP42%35.1%
Imports of goods and services, % of GDP51.3%32.4%
Current account balance (balance of payments)$83M$27.3B
Revenue excluding grants, % of GDP16.8%15.7%
Grants excluding technical cooperation, BoP$162.6MN/A
Personal remittances received$1.5B$3.4B
Industry including construction value added, % of GDP25.8%20%
Agriculture, forestry and fishing value added, % of GDP15.5%2.8%
Charges for the use of intellectual property, payments BoP$1.9M$6.6B
Charges for the use of intellectual property, receipts BoPN/A$2.5B
Expense, % of GDP16.7%18.8%
Government Expenditure, % of GDP27.4%41.5%

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

Spain vs

CountryGDP
per capita
Population
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
Brunei
$32k
418k
South Korea
$31k
51.1M
Malta
$30k
423k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.33M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.6M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.44M
Saint Kitts and Nevis
$19k
54.2k
Lithuania
$19k
2.79M