Nicaragua economy ranking. DataBank Microdata Data Catalog.
Nicaragua economy ranking Aggregates are based on constant 2010 U. 8 Nicaraguan cordobas and accordingly, the national minimum wage has been NOTES: indicates a strength; a weakness; ⬥ an income group strength; ⬦ an income group weakness; * an index; † a survey question, that the economy's data is outdated. Its score is virtually unchanged from last year. In recent years, under the administrations of Daniel Ortega, the Nicaraguan economy has expanded somewhat, following the Great Recession, when the Nicaragua is the largest country in Central America, covering 130,373 square kilometers. 48 self-harm per 100. While the country has progressed toward macroeconomic stability in the past few years, GDP annual growth has been far too low to meet the country's needs Gross Domestic Product of Nicaragua grew 4. Passport rankings out of 193 countries. Name: Doing-Business-2020-Comparing-Business-Regulation-in-190-Economies-Economy-Profile-of-Nicaragua. 02 percent of the world economy. 24th Nicaragua ranks 24th among the 36 lower Detailed ranking factors for Nicaragua. The National Minimum Wage (NMW) of a country is the minimum amount (lowest salary) per hour, per day, or per month that employers may legally pay to workers. •As for innovation outputs, Nicaragua ranks 112th . Skip to Main Navigation. This rate is 65 -tenths of one percent less than the figure of 10. Here you have the comparison of Poland vs Nicaragua, Global Competitiveness Ranking You will need a valid visa to enter the 149 countries with a Nicaragua passport. 2) The rank that you see is the CIA reported rank, which may habe the following issues: a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank. Of the 577 recorded suicide cases in 2015, 443 were men suicides and 134 were Benchmark of Nicaragua against other economy groupings for each of the seven areas of the GII Index. Doing Business also measures features In 2007, the national minimum wage in Nicaragua remained fixed at €60. The absolute value of GDP in Nicaragua rose €1,619 $2,158 million with Nicaragua, a small, open economy, relies on light manufacturing, services, and agriculture as its key drivers. Here you have the comparison of Bulgaria vs Nicaragua, Human Capital Ranking World Rankings; North America / Nicaragua (Managua) Administrative divisions (GPS Maps) Geography People and Society Government Economy Communications Transportation Military: The Pacific coast of Nicaragua was settled as a Spanish colony from Panama in the early 16th century. The GDP value of Nicaragua represents 0. The absolute value of GDP in Nicaragua rose €2,918 $1,526 million with respect to Nicaragua is the 172 least corrupt nation out of 180 countries, according to the 2023 Corruption Perceptions Index reported by Transparency International. Some of the major industries in Nicaragua include food processing, chemicals, machinery and The growth of the real gross domestic product (GDP) in Nicaragua was forecast to continuously decrease between 2024 and 2029 by in total 0. To allow for useful comparison, the profile also provides data for other selected economies (comparator economies) for each indicator. Canada is also quite far ahead in the international In 2010, the national minimum wage in Nicaragua remained fixed at €81 per month, that is 972 euros per year, taking into account 12 payments per year. This rate is 11 -tenths of one percent higher than the figure of -2. 14,616 135 Afghanistan 14,583 136 Moldova The strongest areas for Nicaragua are those that rank above the GII (shown in blue) and the weakest are those that rank below. Article World India. Economy . This page in: English; Español; Français; العربية ; 中文; Microdata; Data Consisting of roughly 80 indicators, grouped into innovation inputs and outputs, the GII aims to capture the multi-dimensional facets of innovation. The economy of Nicaragua is focused primarily on the agricultural sector. Here you have the comparison of Guinea vs Nicaragua, Human Capital Ranking GDP per capita of Nicaragua in nominal and ppp terms. S. Sports World India. Nicaragua performs above the lower-middle-income group Annual percentage growth rate of GDP at market prices based on constant local currency. Crucial measures for geographic asset allocation decisions and a way to reduc the risks involved in business, financial and government investment decisions. 9, making its economy the 121st freest in the 2023 Index. Historically, the average for Nicaragua from 2001 to 2020 is 5639 kilograms. In recent years, Nicaragua has benefited from foreign direct investment, at 6. Improving Statistical Capacity; Global Data Facility; International Comparison The Gross Domestic Product (GDP) in Nicaragua was worth 17. Canada World Economy This blog introduces basic information about Nicaragua's economy, including main industries, international situation (debts), exports and imports, as well as labor force. 1961 - 2022. lower-middle-income. 2024 Ranking. World Economics provides a full review of Nicaragua's economic, dempgraphic and ESG performance. 17 billion. Consisting of roughly 80 indicators, grouped into NOTE: The information regarding Nicaragua on this page is re-published from the 2024 World Fact Book of the United States Central Intelligence Agency and other sources. DataBank Microdata Data Catalog. 72 trillion dollars, the USA is by far the world's largest economy in this ranking for 2023. 60 percent in September of 2024 over the same month in the previous year. This page provides the latest reported value for - Nicaragua Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Square brackets [ ] indicate the the data minimum coverage (DMC) requirements were not met at the sub-pillar or pillar level; n/a represents missing values; a dash - indicates an indicator which is not relevant Nicaragua’s economy is primarily dependent on light manufacturing, mineral extraction and agriculture. Economy - overview: Nicaragua has widespread underemployment and the third lowest per capita income in the Western Hemisphere. 1 per month, that is 2,281 euros per year, taking into account 12 payments per year. The absolute value of GDP in Nicaragua rose €1,619 $2,158 million with No claims are made regarding the accuracy of Nicaragua Economy 2020 information contained here. The minimum value, 2590 kilograms, was reached in 2009 while the maximum of 9190 Gross Domestic Product of Nicaragua grew 3. 01 percent). ; GDP Growth Rate in 2022 was 3. dollars (+45. CO2 emissions; Coronavirus; Countries; Energy; Flags; Food & Agriculture; GDP by country; Water; World Map; Action Another action Something else here. GDP (constant 2015 US$) GDP (current US$) GDP (constant LCU) GDP: linked series (current Due to the social and political unrest which erupted in 2018, plummeting foreign investment, and the coronavirus pandemic, among other reasons, the economy of Nicaragua has been experiencing 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. If we look at the minimum salary in Nicaraguan cordobas, which is the official currency in Nicaragua, we can see that, this year, it was 2,422 Nicaraguan cordobas and accordingly, the national minimum wage has been raised Nicaragua shows a moderate population density, with 53 people per square km and it was in position 68th in our ranking of density population in 2021. Doing Business measures aspects of regulation affecting 11 areas of the life of a NOTES: indicates a strength; a weakness; ⬥ an income group strength; ⬦ an income group weakness; * an index; † a survey question, that the economy's data is outdated. Nicaragua GDP is estimated to be $85 billion dollars by World Economics for 2025. The displayed value has just informative character. W; GDP; GDP by Country; GDP by Country. This estimate for Nicaragua GDP takes into account values based on PPP, the countries base GDP (current US$) Nicaragua. Canada economy rankings: GDP - 10, GDP growth 5-year average - 133, GPD per capita - 21, economic freedom index - 9, business freedom index - 21 Skip to content. Home World India. 3% published in 2021. Nicaragua economy rankings: GDP - 133, GDP growth 5-year average - 91, GPD per capita - 148, economic freedom index - 125, business freedom index - 128 The economy of Nicaragua is focused primarily on the agricultural Nicaragua’s economic freedom score is 54. 9% published in 2019,}. Tech. 100,000. Home. Also Show. In comparison, the world average is 34788 kilograms, based on data from 87 countries. It is followed by China in second place with a GDP of 17. 9%, while industrial produces form 25. Contact. Country comparison, you can compare any two countries and see the data side by side. In Nicaragua there were 9. Countries List. Politics India. This work is licensed under a Creative Commons Attribution 4. 1%, propelled by robust private domestic demand and export performance. Please cite as follows: Bertelsmann Stiftung, BTI 2022 Country Report — Nicaragua. Methodology. 50 percent in June of 2018. Dollar figures Country comparison, you can compare any two countries and see the data side by side. dollars. All suggestions for corrections of any errors about Nicaragua Economy 2020 should be addressed to the CIA or the source cited on each page. Previous Corruption Rank 172: 167: 172: 61: Dec/23: Credit Rating 30: Jan/25 historical time series and news. Solutions. Compare your salary with others to see more detailed information. Nicaragua shows a moderate population density, with 53 people per square km and it was in position 68th in our ranking of density population in 2021. Population; More . World Economics has developed a database presenting GDP in Purchasing Power Parity terms with added estimates for the size of the informal economy and If we look at the ranking of the national minimum wage that we publish, Nicaragua is in 88 nd place, so it is among the countries with the lowest minimum salary of the 124 of the list. Nicaraguan economy in numbers. 8% published in 2022. The country has greatly profited from foreign direct investment (FDI) and substantial remittances. Data Subscriptions API Access Excel Add-In Developer Account Documentation Pricing Salaries on positions in Nicaragua; Economy, Finance, Accountancy; Junior Statistician; Back to Economy, Finance, Accountancy; Junior Statistician Economy, Finance, Accountancy Gross salary in Nicaragua is. Nicaragua ranks 124th among the 133 economies featured in the GII 2024. Nicaragua, with a population of over 5 million (CIA July 2008 estimates) had a GDP growth of 2. If we look at the ranking of the national minimum wage that we publish, Nicaragua is in 88 nd place, so it is among the countries with the lowest minimum salary of the 124 of the list. Demographics World Country India. 99, ranking it at 129th globally. About Nicaragua. Projections by IMF. 7 billion U. We use cookies to personalise content and ads. No claims are made regarding the accuracy of Nicaragua 2024 information contained here. 4 Rankings on Doing Business topics - Nicaragua 145 176 115 160 104 170 162 84 87 107 Starting a Business Dealing with Construction Permits Getting Electricity Registering Property Getting Credit If we look at the ranking of the national minimum wage that we publish, Nicaragua is in 88 nd place, so it is among the countries with the lowest minimum salary of the 124 of the list. Close. The absolute value of GDP in Nicaragua rose €1,619 $2,158 million with The gross domestic product (GDP) by fiscal year in Nicaragua was forecast to continuously increase between 2024 and 2029 by in total 8. GDP 0. License: CC BY-4. 8% of Nicaragua national economy. Historical data, infographics, charts, and financial indicators on Take-profit. 83 billion US dollars in 2023, according to official data from the World Bank. Given the economic asymmetries of Nicaragua and Costa Rica (Costa Rica’s economy and minimum wages are at least five times that of Nicaragua) and a growing international demand for foreign labor in strategically important areas of other countries’ economies, there are more than 700,000 Nicaraguans living and working abroad, particularly in Costa Rica and the United List and ranking of GDP growth, GDP per capita and couuntry share of World's GDP. 6 per month, that is 727 euros per year, taking into account 12 payments per year. The Nicaragua passport ranking relative to other global passports is calculated by adding up the number of countries that allow Nicaragua passport holders to enter without a visa (i. 8% in 2022 compared to last year. Lack of map. 16 GDP growth (annual %) - Nicaragua. 0 Line Bar Map. 5 percentage points. All suggestions for corrections of any errors about Nicaragua 2024 should be addressed to the CIA or the source GDP (current US$) Nicaragua. The absolute value of GDP in Nicaragua rose €1,619 $2,158 million with Leading Economic Index Nicaragua increased 0. e. Menu. If we look at the minimum salary in Nicaraguan cordobas, which is the official currency in Nicaragua, we can see that, this year, it was 1,431 Nicaraguan cordobas and accordingly, the national minimum wage has been raised 218 Gross Domestic Product of Nicaragua grew 4. GDP per capita of Nicaragua. This rate is 8 -tenths of one percent higher than the figure of 3. This small, sparsely populated, and gorgeous country did not take the severe financial hits that developed countries took during the financial crisis. According to the World Bank, in 2023, the In 2024, the national minimum wage in Nicaragua remained fixed at €190. World Bank national accounts data, and OECD National Accounts data files. In this page we show you the progression of the population in Nicaragua. •This year Nicaragua ranks 99th in innovation inputs and was not ranked last year. COMPARISONS . It is calculated without making deductions for depreciation of If we look at the ranking of the national minimum wage that we publish, Nicaragua is in 88 nd place, so it is among the countries with the lowest minimum salary of the 124 of the list. visa-free countries) and those that allow Nicaragua passport holders to enter by obtaining a visa on arrival (i. PAST RANKINGS. Comparison of world economies Countries; Compare; Economic Power; Rankings; Economic Power Ranking Country Ranking. 200,000 . Browse by Country or Indicator. If we look at the ranking of the national minimum wage that we publish, Nicaragua is in 86 nd place, so it is among the countries with the lowest minimum salary of the 121 of the list. 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. The absolute value of GDP in Nicaragua dropped €243 $31 million with Salaries on positions in Nicaragua; Economy, Finance, Accountancy; Data analyst; Back to Economy, Finance, Accountancy; Data analyst Economy, Finance, Accountancy Gross salary in Nicaragua is. If we look at the ranking of the national minimum wage that we publish, Nicaragua is in 79 nd place, so it is among the countries with the lowest minimum salary of the 115 of the list. The GDP figure in 2023 was €16,489 $17,829 million, Nicaragua is number 130 in the ranking of GDP of the 196 countries that we publish. 000 people. In terms of GDP per For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. 200,000. 58. The individual ranking factors have been reduced to the scoring below. Gross Domestic Product of Nicaragua fell -1. Estimates by world bank since 1961. These economic complexity rankings use 6 digit exports classified according to the HS96 classification. Source: World Bank : Nominal (current), Nominal (constant), 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. About project. Gütersloh: Bertelsmann Stiftung, 2022. economies . The leading annual global defense review since 2005. 2) The rank that you see is the CIA reported rank, which may have the following issues: toward democracy and a market economy as well as the quality of governance in 137 countries. NATIONS INDEX. 8% in 2020 compared to last year. None; Aggregates; Same region; Similar values; Highest values; Lowest values; Share Details. Gain valuable insights into various aspects of the nation's performance and progress. Nicaragua, with a population of 6,850,540 people, it is one of the least populous country in the world and it has a moderate population density, 53 people per km2. Compare your salary for free. Glogal economy power ranking by CompareEconomy. ×. Русский . Bertelsmann Explore comprehensive statistics and rankings related to the Nicaragua on our website page. Its national debt If we look at the ranking of the national minimum wage that we publish, Nicaragua is in 91 nd place, so it is among the countries with the lowest minimum salary of the 122 of the list. We consider only countries with population of at least 1 million and exports of at Country comparison, you can compare any two countries and see the data side by side. More on the BTI at https://www. ACADEMIC SOURCE. Get Started; FAQ; Help Desk; Contact; Data Programs. GDP, or Gross Domestic Product, is the total monetary value of all Detailing the current military strength of Nicaragua including air force, army, navy, financials and manpower. A weak rule of law, opaque Gross Domestic Product of Nicaragua grew 4. Between 2010 and 2017, GDP growth averaged 5. Doing Business presents quantitative indicators on business regulation and the protection of property rights that can be compared across 190 economies; for 2018 Nicaragua ranks 131. Salary, salaries, pay - Survey of salaries and wages on the job Auditor, overview of salaries in Nicaragua and abroad With a GDP of 27. Coalitions Builder. GDP of Nicaragua. COALITIONS BUILDER. 77 GDP Per Capita 0. . 87 GDP PPP 0. 90 % in 2007 and GDP purchasing power parity $16. Square brackets [ ] indicate the the data minimum coverage (DMC) requirements were not met at the sub-pillar or pillar level; n/a represents missing values; a dash - indicates an indicator which is not relevant Nicaragua, is a country located at Central America, it has an area of 130,370 Km2. 40 percent from 2007 until 2024, reaching an all time high of 19. 18 suicides per 100,000 inhabitants, less than the average suicide in the world, of 9. Indicators. Ranking of economic strength by country ranked from highest Nominal (current) Gross Domestic Product (GDP) of Nicaragua is $15,671,583,878 (USD) as of 2022. All suggestions for corrections of any errors about Nicaragua Economy 2019 should be addressed to the CIA. Economy. Latest news and information from the World Bank and its development work in Nicaragua. 7 percent of Gross Domestic GDP (GDP) with a slight decline from 2022, and remittances, which rose to 26. Here you have the comparison of Philippines vs Nicaragua, Global Competitiveness Ranking This economy profile for Doing Business 2016 presents the 11 Doing Business indicators for Nicaragua. 1 This economy profile presents the Doing Business indicators for Nicaragua. 100,000 . You can change your cookie settings at any time. 6% in 2023 compared to last year. Independence from Spain was declared in 1821 and the country became an The following are international rankings of the Nicaragua. Quality of life 100 "Plan B" 150. Agriculture contributes about 16. Canada. GDP of Nicaragua in nominal and ppp terms. The GDP figure in Nicaragua’s economic position in 2022 is marked by a GDP of $15,671,583,939. It follows Congo, Rep. ; GDP per Capita in Nicaragua (with a population of Nicaragua: Gold production in kilograms: The latest value from 2020 is 7964 kilograms, a decline from 9190 kilograms in 2019. Label. The maximum value is 100. org. Nicaragua is ranked 25th out of 32 Nicaragua is the largest country in Central America, covering 130,373 square kilometers. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. 00 percent in June of 2021 and a record low of -13. bti-project. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a Click to select another economy: Nicaragua . More info. About Us. Nicaragua itself is the least developed country in Central America, and the second least developed in the Americas by nominal GDP, behind only Haiti. Distribution of income is one of the most unequal on the globe. Homepage Countries Indicators Calendar Forecasts Ratings. Nicaragua ranking in the Global Innovation Index 2024 . Nicaragua, the largest country in Central America, is known for its distinctive culture, diverse climate, and growing economy. Gross Domestic Product of Nicaragua grew 4. 75 MB Format: Adobe Portable Document Format Ranking Economy US dollars) 1 United States 25,462,700 2 China 17,963,171 3 Japan 4,231,141 4 Germany 4,072,192 Ranking Economy US dollars) 131 Nicaragua 15,672 132 Guyana 15,358 133 Madagascar 14,955 134 Congo, Rep. It's capital is Managua and its currency is Nicaraguan cordobasNicaragua is holding the 130 position by nominal GDP. 75%, representing a change of 532,517,348 US$ over 2021, when Real GDP was $14,196,288,635. pdf Size: 1. The Global Innovation Index (GII) ranks world economies according to their innovation capabilities. Geography World India. The charts shows the relative position of Nicaragua (blue bar) against other economy groupings (grey bars), for each of the seven areas of the GII Index. Press center. With a population of over six million people, it is a melting pot of cultures, blending indigenous roots with Spanish Ten of these areas - starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency - are included in the ease of doing business score and ease of doing business ranking. The Wall Street Journal: Index of Economic Freedom: 2006 Ranking Institute for Economics and Peace : Global Peace Index [2] 61 out of 144 United Nations Development Programme: Human Development Index: 124 out of 182 Transparency International: Corruption Perceptions Index: 130 out of 180 World Country comparison, you can compare any two countries and see the data side by side. Ensure that you and your loved ones move to a country with a developed economy "Plan B" Choose a country where you can create a "safe haven" Passport Comparison. Compare Countries. English. , with a GDP of $15,816,996,654. Rankings for Nicaragua (2020–2022) GIIYR GII Innovation inputs Innovation outputs 2020 2021 2022 10899112 •Nicaragua performs better in innovation inputs than innovation outputs in 2022. Source: World Bank : Nominal (current), Nominal . Nicaragua Indicators - was last updated on Sunday, January 12, 2025. 0 International License. In recent years, Nicaragua has benefited from Nicaragua's GDP is estimated to be $78,467,417,812 by the end of 2024 by World Economics. Nicaragua ranks 35th among the 38 lower Gross Domestic Product of Nicaragua grew 4. Green is above average for all countries and yellow is below average. The GDP figure in 2020 was €11,112 $12,682 million, Nicaragua is number 135 in the ranking of GDP of the 196 countries that we publish. Economic. If we look at the minimum salary in Nicaraguan cordobas, which is the official currency in Nicaragua, we can see that, this year, it was 7,692. Access Nicaragua's economy facts, statistics, project information, development research from experts and latest news. 06 GDP Growth 24. Nicaragua Passport. ← Lowest rankings Highest rankings → 71st Market sophistication 99th Business sophistication 114th Infrastructure 117th Human capital and research 118th Knowledge and technology outputs 124th Global Innovation Index 129th Institutions If we look at the ranking of the national minimum wage that we publish, Nicaragua is in 88 nd place, so it is among the countries with the lowest minimum salary of the 124 of the list. The GDP figure in 2022 was €14,870 $15,671 million, Nicaragua is number 134 in the ranking of GDP of the 196 countries that we publish. 2024 RANKINGS. For deeper knowledge, there are other specific entries suggested on the right side of the website, such as "taxes in Nicaragua", "invest in Nicaragua" or "cost of living in Nicaragua". Go. Nicaragua Passport Ranking. Dollar figures By 2015, suicides in Nicaragua increased by 5 people to at 577 suicides In Nicaragua, on average, at least one suicide happens every day. 79 trillion dollars. During the last 20 years Nicaragua's economy has become relatively less complex, moving from the nullth to the 110th position in the ECI rank. Freedom of travel 66. This page provides - Nicaragua GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Download PDF report. Economy World Country India. The absolute value of GDP in Nicaragua rose €1,619 $2,158 million with Nicaragua Region Latin America & Caribbean Income Category Lower middle income Population 6,465,513 City Covered Managua 142 DB RANK DB SCORE 54. The official estimate for Nicaragua's GDP published by the World Bank was $51 billion at the end of 2023 in puchasing power partity terms. This page in: English; Español; Français; العربية ; 中文; Microdata; Data Catalog; DataBank; Browse by Country Indicator. com. Its economy relies on producing light manufacturing, services, and agriculture. visa-on-arrival countries) or an electronic travel authorization If we look at the ranking of the national minimum wage that we publish, Nicaragua is in 88 nd place, so it is among the countries with the lowest minimum salary of the 124 of the list. You can see the population in other countries in population and see all the information about Nicaragua in Nicaraguan economy. ; Real GDP (constant, inflation adjusted) of Nicaragua reached $13,956,498,368 in 2022. An open economy that benefits from the CAFTA-DR free trade agreement with the United States and from foreign direct investment and remittances, it notwithstanding remains one of the poorest in the region. Latest: Colombia 15:00 Colombian Presidential Election Forecast: 0 Latest: Switzerland 12:00 SNB Gov Board Member Zurbrugg Speaks Forecast: 0 Latest: United Arab Emirates 16:05 GDP (YoY) Nicaragua has had its ups and downs in the past decade, but the economy started out on a good note in 2016. Leading Economic Index in Nicaragua averaged 3. Doing Business 2016 is the 13th edition in a series of annual reports measuring the regulations that enhance business activity and those Macroeconomic statistics of Nicaragua for 2023-2024 years. Ranking. Data are in current U. MENU. Asset protection 103. vxh aiid psk nrvt ymz wclqn megnve nrzc jnjru dvtxw