Nicaragua vs the United Kingdom: Economic Indicators Comparison

The United Kingdom with a GDP of $2.9T ranked the 5th largest economy in the world, while Nicaragua ranked 133rd with $13.1B. By GDP 5-years average growth and GDP per capita, the United Kingdom and Nicaragua ranked 126th vs 91st and 23rd vs 148th, respectively.

Gross Domestic Product & Income

StatNicaraguaUnited Kingdom
GDP$13.1B$2.9T
GDP growth, 1 year-4%1.4%
GDP growth, 5-years average3%2.1%
Population6.2M66M
GDP per capita$2k$43k
GDP per capita growth-5.02%0.73%
Purchasing Power Parity conversion factor11.570.7
Price level ratio of PPP conversion factor GDP to market exchange rate0.370.93
GDP per capita, PPP adjusted$5.7k$46k
GNI, Atlas method$13.1B$2.8T
GNI per capita$2k$42k
GNI, PPP adjusted$34.9B$3T
GNI per capita, PPP adjusted$5.4k$45k

Financial system and Human development

StatNicaraguaUnited Kingdom
Income Tax Rate30%45%
Corporate Tax Rate30%20%
Inflation, consumer prices5%2.5%
Inflation, GDP deflator3.4%1.9%
Unemployment4.5%4%
Economic Freedom Index57.279.3
Personal Freedom Index7.419.08
Human Freedom Index7.228.55
Property Rights Index33.592.2
Judical Effectiveness Index19.582.7
Business Freedom Index55.194.7
Fiscal Health Index87.278.1
Labor Freedom Index55.573.1
Investment Freedom Index6080
Financial Freedom Index5080
Trade Freedom Index75.486.4
Monetary Freedom Index71.580.3
Government Spending Index77.549.5
Tax Burden Index76.364.7
Government Integrity Index24.389.9
Corruption Perceptions Index2580
Life expectancy at birth, years74.181.2
Suicide mortality rate, per 100,000 people12.28.9
Mortality caused by road traffic injury, per 100,000 people15.33.1
Intentional homicides, per 100,000 people7.41.2
International tourism, number of arrivals1.3M36.3M

Government debt & reserves

StatNicaraguaUnited Kingdom
Central government debt, % of GDP37.2%86.9%
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%5.5%
Gross savings, % of GDP23.6%13.4%
Gross capital formation, % of GDP22.9%17.3%
Total reserves including gold$2.3B$172.7B
Foreign direct investment net inflows$359.2M$35.1B

Exports, imports and economic structure

StatNicaraguaUnited Kingdom
Exports of goods and services, % of GDP42%30%
Imports of goods and services, % of GDP51.3%31.8%
Current account balance (balance of payments)$83M-$123.1B
Revenue excluding grants, % of GDP16.8%35.3%
Grants excluding technical cooperation, BoP$162.6MN/A
Personal remittances received$1.5B$4.4B
Industry including construction value added, % of GDP25.8%17.5%
Agriculture, forestry and fishing value added, % of GDP15.5%0.6%
Charges for the use of intellectual property, payments BoP$1.9M$13.5B
Charges for the use of intellectual property, receipts BoPN/A$21.7B
Expense, % of GDP16.7%36%
Government Expenditure, % of GDP27.4%41%

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

United Kingdom vs

CountryGDP
per capita
Population
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M