Nicaragua - GDP

GDP (current US$)

The latest value for GDP (current US$) in Nicaragua was $12,621,510,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $13,785,880,000 in 2017 and $223,854,700 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $223,854,700
1961 $240,524,700
1962 $265,291,600
1963 $292,916,300
1964 $341,973,800
1965 $566,542,800
1966 $606,671,400
1967 $657,171,500
1968 $695,900,000
1969 $747,971,500
1970 $776,585,700
1971 $826,571,400
1972 $880,842,900
1973 $1,093,571,000
1974 $1,520,900,000
1975 $1,590,429,000
1976 $1,847,871,000
1977 $2,239,857,000
1978 $2,142,129,000
1979 $1,527,853,000
1980 $2,189,347,000
1981 $2,448,290,000
1982 $2,465,165,000
1983 $2,743,342,000
1984 $3,105,517,000
1985 $2,683,816,000
1986 $2,885,711,000
1987 $3,851,214,000
1988 $2,630,904,000
1989 $1,013,185,000
1990 $1,009,455,000
1991 $1,488,804,000
1992 $1,792,800,000
1993 $1,756,454,000
1994 $3,863,185,000
1995 $4,140,470,000
1996 $4,308,352,000
1997 $4,389,966,000
1998 $4,635,267,000
1999 $4,855,718,000
2000 $5,107,329,000
2001 $5,323,147,000
2002 $5,224,213,000
2003 $5,322,455,000
2004 $5,795,568,000
2005 $6,321,336,000
2006 $6,763,419,000
2007 $7,423,422,000
2008 $8,496,947,000
2009 $8,298,680,000
2010 $8,758,593,000
2011 $9,774,262,000
2012 $10,532,010,000
2013 $10,982,980,000
2014 $11,880,430,000
2015 $12,756,710,000
2016 $13,286,080,000
2017 $13,785,880,000
2018 $13,025,240,000
2019 $12,611,220,000
2020 $12,621,510,000

GDP (current LCU)

The value for GDP (current LCU) in Nicaragua was 433,449,000,000.00 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 433,449,000,000.00 in 2020 and a minimum value of 0.47 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 0.47
1961 0.51
1962 0.56
1963 0.62
1964 0.72
1965 0.79
1966 0.85
1967 0.92
1968 0.97
1969 1.05
1970 1.09
1971 1.16
1972 1.23
1973 1.53
1974 2.13
1975 2.23
1976 2.59
1977 3.14
1978 3.00
1979 2.90
1980 4.16
1981 4.90
1982 5.67
1983 6.58
1984 9.01
1985 23.08
1986 87.15
1987 539.17
1988 64,724.98
1989 3,059,900.00
1990 156,465,600.00
1991 7,220,700,000.00
1992 8,964,000,000.00
1993 10,749,500,000.00
1994 25,960,600,000.00
1995 31,177,740,000.00
1996 36,340,950,000.00
1997 41,476,830,000.00
1998 49,050,860,000.00
1999 57,346,030,000.00
2000 64,812,000,000.00
2001 71,563,320,000.00
2002 74,445,040,000.00
2003 80,390,360,000.00
2004 92,323,400,000.00
2005 105,777,000,000.00
2006 118,838,000,000.00
2007 136,951,000,000.00
2008 164,602,000,000.00
2009 168,791,000,000.00
2010 187,052,000,000.00
2011 219,181,000,000.00
2012 247,994,000,000.00
2013 271,530,000,000.00
2014 308,403,000,000.00
2015 347,707,000,000.00
2016 380,261,000,000.00
2017 414,278,000,000.00
2018 410,988,000,000.00
2019 417,705,000,000.00
2020 433,449,000,000.00

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Nicaragua was 433,449,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 433,449,000,000 in 2020 and 517,427,600 in 1990.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 517,427,600
1991 15,657,110,000
1992 19,437,230,000
1993 23,308,840,000
1994 25,960,600,000
1995 31,177,740,000
1996 36,340,950,000
1997 41,476,830,000
1998 49,050,860,000
1999 57,346,030,000
2000 64,812,000,000
2001 71,563,320,000
2002 74,445,040,000
2003 80,390,360,000
2004 92,323,400,000
2005 105,777,000,000
2006 118,838,000,000
2007 136,951,000,000
2008 164,602,000,000
2009 168,791,000,000
2010 187,052,000,000
2011 219,181,000,000
2012 247,994,000,000
2013 271,530,000,000
2014 308,403,000,000
2015 347,707,000,000
2016 380,261,000,000
2017 414,278,000,000
2018 410,988,000,000
2019 417,705,000,000
2020 433,449,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Nicaragua was 12,734,740,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 13,956,710,000 in 2017 and 2,980,628,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 2,980,628,000
1961 3,204,108,000
1962 3,553,060,000
1963 3,939,118,000
1964 4,399,934,000
1965 4,819,035,000
1966 4,978,118,000
1967 5,325,068,000
1968 5,396,582,000
1969 5,733,205,000
1970 5,810,823,000
1971 6,002,856,000
1972 6,136,163,000
1973 6,529,921,000
1974 7,456,675,000
1975 7,445,248,000
1976 7,833,105,000
1977 8,488,617,000
1978 7,823,211,000
1979 5,751,719,000
1980 6,016,973,000
1981 6,339,681,000
1982 6,287,927,000
1983 6,578,002,000
1984 6,474,984,000
1985 6,210,685,000
1986 6,147,503,000
1987 6,104,080,000
1988 5,344,133,000
1989 5,251,240,000
1990 5,248,483,000
1991 5,238,549,000
1992 5,258,788,000
1993 5,238,125,000
1994 5,412,959,000
1995 5,732,968,000
1996 6,096,682,000
1997 6,338,516,000
1998 6,573,782,000
1999 7,036,312,000
2000 7,324,912,000
2001 7,541,791,000
2002 7,598,652,000
2003 7,790,194,000
2004 8,204,022,000
2005 8,555,351,000
2006 8,910,672,000
2007 9,363,036,000
2008 9,684,633,000
2009 9,365,735,000
2010 9,778,810,000
2011 10,396,510,000
2012 11,071,870,000
2013 11,617,360,000
2014 12,173,350,000
2015 12,756,710,000
2016 13,338,790,000
2017 13,956,710,000
2018 13,487,250,000
2019 12,991,620,000
2020 12,734,740,000

GDP (constant LCU)

The value for GDP (constant LCU) in Nicaragua was 169,838,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 186,135,000,000 in 2017 and a minimum value of 39,751,420,000 in 1960.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 39,751,420,000
1961 42,731,880,000
1962 47,385,720,000
1963 52,534,410,000
1964 58,680,130,000
1965 64,269,500,000
1966 66,391,130,000
1967 71,018,270,000
1968 71,972,010,000
1969 76,461,420,000
1970 77,496,570,000
1971 80,057,650,000
1972 81,835,510,000
1973 87,086,900,000
1974 99,446,640,000
1975 99,294,240,000
1976 104,467,000,000
1977 113,209,000,000
1978 104,335,000,000
1979 76,708,340,000
1980 80,245,920,000
1981 84,549,750,000
1982 83,859,510,000
1983 87,728,140,000
1984 86,354,230,000
1985 82,829,380,000
1986 81,986,750,000
1987 81,407,630,000
1988 71,272,520,000
1989 70,033,650,000
1990 69,996,890,000
1991 69,864,400,000
1992 70,134,320,000
1993 69,858,730,000
1994 72,190,430,000
1995 76,458,250,000
1996 81,308,980,000
1997 84,534,210,000
1998 87,671,860,000
1999 93,840,420,000
2000 97,689,370,000
2001 100,582,000,000
2002 101,340,000,000
2003 103,895,000,000
2004 109,414,000,000
2005 114,099,000,000
2006 118,838,000,000
2007 124,871,000,000
2008 129,160,000,000
2009 124,907,000,000
2010 130,416,000,000
2011 138,654,000,000
2012 147,661,000,000
2013 154,936,000,000
2014 162,351,000,000
2015 170,131,000,000
2016 177,894,000,000
2017 186,135,000,000
2018 179,874,000,000
2019 173,264,000,000
2020 169,838,000,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Nicaragua was 36,896,920,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 38,334,690,000 in 2017 and 8,238,934,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 8,238,934,000
1991 8,501,432,000
1992 8,728,765,000
1993 8,900,556,000
1994 9,394,041,000
1995 10,158,040,000
1996 11,000,280,000
1997 11,641,130,000
1998 12,209,100,000
1999 13,256,800,000
2000 14,109,050,000
2001 14,845,430,000
2002 15,193,950,000
2003 15,866,220,000
2004 17,158,910,000
2005 18,451,100,000
2006 19,798,970,000
2007 21,362,950,000
2008 22,526,530,000
2009 21,950,840,000
2010 23,186,050,000
2011 25,165,570,000
2012 26,490,320,000
2013 27,949,760,000
2014 30,355,550,000
2015 32,944,990,000
2016 35,895,150,000
2017 38,334,690,000
2018 37,934,680,000
2019 37,192,960,000
2020 36,896,920,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Nicaragua was 34,978,300,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 38,334,690,000 in 2017 and 14,387,470,000 in 1993.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 14,415,930,000
1991 14,388,640,000
1992 14,444,230,000
1993 14,387,470,000
1994 14,867,690,000
1995 15,746,650,000
1996 16,745,660,000
1997 17,409,900,000
1998 18,056,110,000
1999 19,326,530,000
2000 20,119,220,000
2001 20,714,920,000
2002 20,871,100,000
2003 21,397,200,000
2004 22,533,860,000
2005 23,498,850,000
2006 24,474,800,000
2007 25,717,310,000
2008 26,600,630,000
2009 25,724,720,000
2010 26,859,300,000
2011 28,555,930,000
2012 30,410,930,000
2013 31,909,220,000
2014 33,436,350,000
2015 35,038,650,000
2016 36,637,450,000
2017 38,334,690,000
2018 37,045,230,000
2019 35,683,890,000
2020 34,978,300,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts