Nicaragua Economic Statistics and Indicators

27, May 2012, CEST. Welcome to the Econ Stats Beta from EconomyWatch.com.

Country: Nicaragua
National or Regional Currency: C, NIC
Year of data: 2013 › Change year
Date of Last Update: 1st August 2011
Area: total: 130,370 sq km land: 119,990 sq km water: 10,380 sq km
Natural Resources: gold, silver, copper, tungsten, lead, zinc, timber, fish
Capital: name: Managua geographic coordinates: 12 09 N, 86 17 W time difference: UTC-6 (1 hour behind Washington, DC during Standard Time)
Data Source: All Sources (IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International)
More on the Nicaragua Economy
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Economic Indicator Listing
  For Nicaragua in year 2013 Indicator Value
GDP Growth (Constant Prices, National Currency) 4 %
GDP (Current Prices, National Currency)NIC 198.354 Billion.
GDP (Current Prices, US Dollars)US$ 8.021 Billion
GDP Deflator 492.058 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)NIC 6,637.81 .
GDP Per Capita (Current Prices, National Currency)NIC 32,661.82 .
GDP Per Capita (Current Prices, US Dollars)US$ 1,320.81
GDP (PPP), US DollarsUS$ 20.523 Billion
GDP Per Capita (PPP), US DollarsUS$ 3,379.33
GDP Share of World Total (PPP) 0.023 %
Implied PPP Conversion Rate 9.665
Investment (% of GDP) 32.448 %
Gross National Savings (% of GDP) 17.122 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 296.408 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 7.3 %
Inflation, End of Year (Indexed to Year 2000) 305.338 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 7.3 %
Import Volume of All Items Including Goods and Services (Percent Change) 2.346 %
Import Volumes of Goods Only (Percent Change) -3.689 %
Export Volume of All Items Including Goods and Services (Percent Change) 4.853 %
Export Volumes of Goods Only (Percent Change) 1.06 %
Unemployment Rate (% of Labour Force) 9.001 %
Population 6.073 Million
General government revenue (National Currency)NIC 58.506 Billions.
General government revenue (% of GDP) 29.496 %
General government total expenditure (National Currency)NIC 58.302 Billions.
General government total expenditure (% of GDP) 29.393 %
Total Government Net Lending/ Borrowing (National Currency)NIC 0.204 Billions.
Total Government Net Lending/ Borrowing (% of GDP) 0.103 %
Total Government Gross Debt (National Currency)NIC 138.939 Billion.
Total Government Gross Debt (% of GDP) 70.046 %
Fiscal Year Gross Domestic Product, Current PricesNIC 198.354 Billions.
Current Account Balance (US Dollars)US$ -1.229 Billion
Current Account Balance (% GDP) -15.325 %
Economic Indicators for Nicaragua 2013

GDP (Constant Prices, National Currency) for Nicaragua in year 2013 is NIC 40.311 Billion. Real GDP is expressed in billions of national currency units; the base year is country-specific.

GDP Growth (Constant Prices, National Currency) for Nicaragua in year 2013 is 4 %. Annual percentages of constant price GDP are year-on-year changes; the base year is country-specific.

GDP (Current Prices, National Currency) for Nicaragua in year 2013 is NIC 198.354 Billion. GDP is expressed in billions of national currency units.

GDP (Current Prices, US Dollars) for Nicaragua in year 2013 is US$ 8.021 Billion. Values are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions.

GDP Deflator for Nicaragua in year 2013 is 492.058 (Index, Base Year as per country's accounts = 100). The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts.

GDP Per Capita (Constant Prices, National Currency) for Nicaragua in year 2013 is NIC 6,637.81 . GDP is expressed in constant national currency per person. Data are derived by dividing constant price GDP by total population.

GDP Per Capita (Current Prices, National Currency) for Nicaragua in year 2013 is NIC 32,661.82 . GDP is expressed in current national currency per person. Data are derived by dividing current price GDP by total population.

GDP Per Capita (Current Prices, US Dollars) for Nicaragua in year 2013 is US$ 1,320.81 . GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.

GDP (PPP), US Dollars for Nicaragua in year 2013 is US$ 20.523 Billion. Gross domestic product based on purchasing-power-parity (PPP) valuation of country GDP. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

GDP Per Capita (PPP), US Dollars for Nicaragua in year 2013 is US$ 3,379.33 . Gross domestic product based on purchasing-power-parity (PPP) per capita GDP. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

GDP Share of World Total (PPP) for Nicaragua in year 2013 is 0.023 %. Gross domestic product based on purchasing-power-parity (PPP) share of world total. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

Implied PPP Conversion Rate for Nicaragua in year 2013 is 9.665 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

Investment (% of GDP) for Nicaragua in year 2013 is 32.448 %. Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment.

Gross National Savings (% of GDP) for Nicaragua in year 2013 is 17.122 %. Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Nicaragua in year 2013 is 296.408 (Index, Base Year 2000 = 100). Data for inflation are averages for the year, not end-of-period data. The index is based on 2000=100.

Inflation (Average Consumer Price Change %) for Nicaragua in year 2013 is 7.3 %. Data for inflation are averages for the year, not end-of-period data.

Inflation, End of Year (Indexed to Year 2000) for Nicaragua in year 2013 is 305.338 (Index, Base Year 2000 = 100). Data for inflation are end of the period, not annual average data. The index is based on 2000=100.

Inflation (End of Year Change %) for Nicaragua in year 2013 is 7.3 %. Data for inflation are end of the period, not annual average data.

Import Volume of All Items Including Goods and Services (Percent Change) for Nicaragua in year 2013 is 2.346 %.

Import Volumes of Goods Only (Percent Change) for Nicaragua in year 2013 is -3.689 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Nicaragua in year 2013 is 4.853 %.

Export Volumes of Goods Only (Percent Change) for Nicaragua in year 2013 is 1.06 %.

Unemployment Rate (% of Labour Force) for Nicaragua in year 2013 is 9.001 %.

Population for Nicaragua in year 2013 is 6.073 Million .

General government revenue (National Currency) for Nicaragua in year 2013 is NIC 58.506 Billions. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

General government revenue (% of GDP) for Nicaragua in year 2013 is 29.496 %. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

General government total expenditure (National Currency) for Nicaragua in year 2013 is NIC 58.302 Billions. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

General government total expenditure (% of GDP) for Nicaragua in year 2013 is 29.393 %. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

Total Government Net Lending/ Borrowing (National Currency) for Nicaragua in year 2013 is NIC 0.204 Billions. Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities.

Total Government Net Lending/ Borrowing (% of GDP) for Nicaragua in year 2013 is 0.103 %.

Total Government Gross Debt (National Currency) for Nicaragua in year 2013 is NIC 138.939 Billion. Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

Total Government Gross Debt (% of GDP) for Nicaragua in year 2013 is 70.046 %. Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

Fiscal Year Gross Domestic Product, Current Prices for Nicaragua in year 2013 is NIC 198.354 Billions. Gross domestic product corresponding to fiscal year is the country's GDP based on the same period during the year as their fiscal data. In the case of countries whose fiscal data are based on a fiscal calendar (e.g., July to June), this series would be the country's GDP over that same period. For countries whose fiscal data are based on a calendar year (i.e., January to December), this series will be the same as their GDP in current prices.

Current Account Balance (US Dollars) for Nicaragua in year 2013 is US$ -1.229 Billion. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

Current Account Balance (% GDP) for Nicaragua in year 2013 is -15.325 %. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

* Source: IMF
Aggregate Indicators for Nicaragua
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Nicaragua
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Nicaragua
  Natural Resources, Agricultural Products, Land Use and Water Use for Nicaragua
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Nicaragua
  Age Structure, Median Age, Gender and Urbanization for Nicaragua
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Nicaragua
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Nicaragua
  HIV, AIDS and Other Major Infectious Disease Rates for Nicaragua
  Nationality, Ethnic Groups, Languages and Religions for Nicaragua
  Literacy Rate, Educational Expenditure and School Life Expectancy for Nicaragua
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Nicaragua
  Labor Force by Occupation for Nicaragua
  Poverty Line, Gini Index, Household Income and Consumption for Nicaragua
  National Budget and Public Debt for Nicaragua
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Nicaragua
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Nicaragua
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Nicaragua
  Industries and Industrial Growth Production Rate for Nicaragua
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Nicaragua
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Nicaragua
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Nicaragua
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Nicaragua
  Foreign Exchange Reserves and Gold Reserves for Nicaragua
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Nicaragua
  Exchange Rate Statistics for Nicaragua
  Television and Radio Statistics (TV Stats, Radio Stats) for Nicaragua
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Nicaragua
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Nicaragua
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Nicaragua
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Nicaragua
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Nicaragua
* Source: CIA
Internet Indicators for Nicaragua
Indicators
  Number of Internet Users for Nicaragua
  Internet Penetration Rate for Nicaragua
  Number of Facebook Accounts for Nicaragua
  Facebook Penetration Rate for Nicaragua
* Source: IWS
Economic Freedom Indicators for Nicaragua
Indicators
  Economic Freedom World Rank for Nicaragua
  Economic Freedom Regional Ranking for Nicaragua
  Business Freedom for Nicaragua
  Trade Freedom for Nicaragua
  Fiscal Freedom for Nicaragua
  Government Spending for Nicaragua
  Monetary Freedom for Nicaragua
  Investment Freedom for Nicaragua
  Financial Freedom for Nicaragua
  Property Rights for Nicaragua
  Freedom from Corruption for Nicaragua
  Labor Freedom for Nicaragua
  Tariff Rate for Nicaragua
  Income Tax Rate for Nicaragua
  Corporate Tax Rate for Nicaragua
  Tax Burden % of GDP for Nicaragua
  Government Expenditure % of GDP for Nicaragua
* Source: HFO
Nicaragua Economic Indicators in other Years
  Nicaragua Economic Indicators for Year 2016 (Forecast)
  Nicaragua Economic Indicators for Year 2015 (Forecast)
  Nicaragua Economic Indicators for Year 2014 (Forecast)
Nicaragua Economic Indicators for Year 2013 (Forecast)
  Nicaragua Economic Indicators for Year 2012 (Forecast)
  Nicaragua Economic Indicators for Year 2011 (Forecast)
  Nicaragua Economic Indicators for Year 2010 (Current)
  Nicaragua Economic Indicators for Year 2009
  Nicaragua Economic Indicators for Year 2008
  Nicaragua Economic Indicators for Year 2007
  Nicaragua Economic Indicators for Year 2006
  Nicaragua Economic Indicators for Year 2005
  Nicaragua Economic Indicators for Year 2004
  Nicaragua Economic Indicators for Year 2003
  Nicaragua Economic Indicators for Year 2002
  Nicaragua Economic Indicators for Year 2001
  Nicaragua Economic Indicators for Year 2000
  Nicaragua Economic Indicators for Year 1999
  Nicaragua Economic Indicators for Year 1998
  Nicaragua Economic Indicators for Year 1997
  Nicaragua Economic Indicators for Year 1996
  Nicaragua Economic Indicators for Year 1995
  Nicaragua Economic Indicators for Year 1994
  Nicaragua Economic Indicators for Year 1993
  Nicaragua Economic Indicators for Year 1992
  Nicaragua Economic Indicators for Year 1991
  Nicaragua Economic Indicators for Year 1990
  Nicaragua Economic Indicators for Year 1989
  Nicaragua Economic Indicators for Year 1988
  Nicaragua Economic Indicators for Year 1987
  Nicaragua Economic Indicators for Year 1986
  Nicaragua Economic Indicators for Year 1985
  Nicaragua Economic Indicators for Year 1984
  Nicaragua Economic Indicators for Year 1983
  Nicaragua Economic Indicators for Year 1982
  Nicaragua Economic Indicators for Year 1981
  Nicaragua Economic Indicators for Year 1980