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 2019 was at about 11.181 US Dollar per capita. The GDP in Nicaragua reached 1.913 US Dollar per capita. The gross national product has been at 1.890 US Dollar per capita. Nicaragua is one of the smaller economies and is currently ranked 137.
Inflation in Nicaragua was in 2019 at around 5.38%. For the the EU, the average of the same was year at 1.63%.
Compared to Germany, the prices for convenience goods are approximately 31.40% lower.
The Corruption Perceptions Index for the public sector counts 22 and is compared to other countries very bad.Back to overview: Nicaragua