Nicaragua Economic Statistics and Indicators

13, Apr 2021, EDT. Welcome to the Nicaragua economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Nicaragua › Change country
National or Regional Currency: C, NIC
Year of data: 2015 › Change year
Number of Indicators Listed: 36
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 5,848,641 (July 2014 est.)
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 08 N, 86 15 W ; time difference: UTC-6 (1 hour behind Washington, DC, during Standard Time)

Nicaragua, the poorest country in Central America and the second poorest in the Western Hemisphere, has widespread underemployment and poverty. The Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR) has been in effect since April 2006 and has expanded export opportunities for many agricultural and manufactured goods. Textiles and agriculture combined account for nearly 50% of Nicaragua's exports. In 2013, the government granted a 100-year concession to a newly formed Chinese-run company to finance and build an inter-oceanic canal and related projects, at an estimated cost of $40 billion. The economy grew 4.6% in 2013, despite a 33% decline in coffee export revenues due to a coffee rust fungus.
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GDP (Constant Prices, National Currency) for Nicaragua in year 2015 is NIC 165.466 Billion.

GDP Growth (Constant Prices, National Currency) for Nicaragua in year 2015 is 4.5 %.

GDP (Current Prices, National Currency) for Nicaragua in year 2015 is NIC 333.131 Billion.

GDP (Current Prices, US Dollars) for Nicaragua in year 2015 is US$ 12.222 Billion.

GDP Deflator for Nicaragua in year 2015 is 201.33 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Nicaragua in year 2015 is NIC 26,389.51 .

GDP Per Capita (Current Prices, National Currency) for Nicaragua in year 2015 is NIC 53,129.92 .

GDP Per Capita (Current Prices, US Dollars) for Nicaragua in year 2015 is US$ 1,949.23 .

GDP (PPP), US Dollars for Nicaragua in year 2015 is US$ 31.333 Billion.

GDP Per Capita (PPP), US Dollars for Nicaragua in year 2015 is US$ 4,997.18 .

GDP Share of World Total (PPP) for Nicaragua in year 2015 is 0.028 %.

Implied PPP Conversion Rate for Nicaragua in year 2015 is 10.632 .

Investment (% of GDP) for Nicaragua in year 2015 is 28.138 %.

Gross National Savings (% of GDP) for Nicaragua in year 2015 is 19.306 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Nicaragua in year 2015 is 190.338 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Nicaragua in year 2015 is 3.997 %.

Inflation, End of Year (Indexed to Year 2000) for Nicaragua in year 2015 is 193.564 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Nicaragua in year 2015 is 3.052 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Nicaragua in year 2015 is 10.395 %.

Import Volumes of Goods Only (Percent Change) for Nicaragua in year 2015 is 12.117 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Nicaragua in year 2015 is -1.789 %.

Export Volumes of Goods Only (Percent Change) for Nicaragua in year 2015 is -4.113 %.

Unemployment Rate (% of Labour Force) for Nicaragua in year 2015 is 7.067 %.

Population for Nicaragua in year 2015 is 6.27 Million .

General government revenue (National Currency) for Nicaragua in year 2015 is NIC 83.181 Billions.

General government revenue (% of GDP) for Nicaragua in year 2015 is 24.969 %.

General government total expenditure (National Currency) for Nicaragua in year 2015 is NIC 87.973 Billions.

General government total expenditure (% of GDP) for Nicaragua in year 2015 is 26.408 %.

Total Government Net Lending/ Borrowing (National Currency) for Nicaragua in year 2015 is NIC -4.792 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Nicaragua in year 2015 is -1.438 %.

Fiscal Year Gross Domestic Product, Current Prices for Nicaragua in year 2015 is NIC 333.131 Billions.

Current Account Balance (US Dollars) for Nicaragua in year 2015 is US$ -1.079 Billion.

Current Account Balance (% GDP) for Nicaragua in year 2015 is -8.832 %.