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Indicators of economy in Nicaragua

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.922 US Dollar per capita. In contrast, the GDP in Nicaragua reached 1.905 US dollars per inhabitant, or 12.62 bn US Dollar in the whole country. Nicaragua is one of the smaller economies and is currently ranked 134. If this is calculated per inhabitant taking into account the purchasing power parity, then Nicaragua is in the list of the world's richest countries in place 125.

Inflation in Nicaragua was in 2020 at around 3.68%. For the the EU, the average of the same was year at 0.51%.

Compared to Germany, the prices for convenience goods are approximately 59.84% lower.
The Corruption Perceptions Index for the public sector counts 22 and is compared to other countries very bad.


Back to overview: Nicaragua

Unemployment rates in percent 1991 - 2020

Economic performance 2020

 Nicaragua
Total
Nicaragua
per capita
EU
Total
EU
per capita
GDP12.62 bn USD1,905.26 USD15,192.65 tn USD29,499.72 USD
Gross national product12.22 bn USD1,845.08 USD16,042.23 tn USD31,149.36 USD


Development of the Gross domestic product in billion US Dollar 1979 - 2020



Im- and Exports 2020

 Nicaragua
Total
Nicaragua
per capita
EU
Total
EU
per capita
Imports6.24 bn USD941.98 USD8,073.39 bn USD15,676.19 USD
Exports5.70 bn USD861.13 USD8,622.21 bn USD16,741.84 USD


Development of imports and exports in million US dollars 1979 - 2020

Exports
Imports



Nicaragua: AirportsThe 1 airports in NicaraguaAugusto C. Sandino (Managua) International Airport - the only public airport in Nicaragua with further information on airlines and destinations
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United States: AirportsLargest airports and airlines in the United StatesThe 30 biggest airports and 30 airlines in the United States with further information and data