Nicaragua NI: GDP: Real: Gross Value Added at Basic Prices

1960 - 2024 | Yearly | NIO mn | World Bank

Nicaragua NI: GDP: Real: Gross Value Added at Basic Prices data was reported at 188,942.317 NIO mn in 2024. This records an increase from the previous number of 182,977.294 NIO mn for 2023. Nicaragua NI: GDP: Real: Gross Value Added at Basic Prices data is updated yearly, averaging 62,298.695 NIO mn from Dec 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 188,942.317 NIO mn in 2024 and a record low of 45,579.988 NIO mn in 1960. Nicaragua NI: GDP: Real: Gross Value Added at Basic Prices data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nicaragua – Table NI.World Bank.WDI: Gross Domestic Product: Real. Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;

View Nicaragua's Nicaragua NI: GDP: Real: Gross Value Added at Basic Prices from 1960 to 2024 in the chart:

Nicaragua Nicaragua NI: GDP: Real: Gross Value Added at Basic Prices

What was Nicaragua's Nicaragua NI: GDP: Real: Gross Value Added at Basic Prices in 2024?

Last Previous Min Max Unit Frequency Range
188,942.317 2024 182,977.294 2023 45,579.988 1960 188,942.317 2024 NIO mn yearly 1960 - 2024

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Nicaragua Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 9,052.290 2027 yearly 1994 - 2027
Forecast: Nominal GDP Per Capita (USD) 3,017.240 2027 yearly 1994 - 2027
Forecast: Real GDP Growth (%) 3.000 2027 yearly 1980 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (NIO bn) 281.768 2030 yearly 2000 - 2030
Forecast: Government Net Debt (NIO bn) 410.314 2030 yearly 1997 - 2030
Forecast: Government Revenue (NIO bn) 301.682 2030 yearly 2000 - 2030
Demographic and Labour Market Last Frequency Range
Forecast: Employment (Person mn) 0.000 yearly -
Forecast: Population (Person mn) 7.031 2028 yearly 1994 - 2028
Forecast: Unemployment Rate (%) 3.362 2030 yearly 1980 - 2030
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 4.000 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -0.322 2030 yearly 1980 - 2030

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