Nicaragua GDP

The Gross Domestic Product (GDP) in Nicaragua was worth 10.51 billion US dollars in 2012. The GDP value of Nicaragua represents 0.02 percent of the world economy. GDP in Nicaragua is reported by the The World Bank Group. From 1960 until 2012, Nicaragua GDP averaged 3.2 USD Billion reaching an all time high of 10.5 USD Billion in December of 2012 and a record low of 0.2 USD Billion in December of 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Nicaragua GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
10.51 9.64 10.51 0.23 11.43 | 2013/12 1960 - 2012 USD Billion Yearly

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Nicaragua GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 10.51 2012-12-31 9.64 10.51 0.23 11.43 2013-12-31 USD Billion [+]
GDP Annual Growth Rate 2.90 2013-12-31 4.90 10.90 -5.40 10.92 2014-03-31 Percent [+]
GDP per capita 1349.89 2012-12-31 1301.92 2108.86 869.83 1373.87 2013-12-31 USD [+]
GDP per capita PPP 3509.50 2012-12-31 3384.79 3643.04 2261.43 3634.91 2013-12-31 USD [+]
GDP Constant Prices 146451.30 2012-06-29 139206.30 146451.30 72432.50 147056.17 2012-12-31 NIO Million [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Nicaragua Consumer Spending at 127241.40 NIO Million  
Consumer Spending in Nicaragua increased to 127241.40 NIO Million in 2012 from 121572.70 NIO Million in 2011. Consumer Spending in Nicaragua is reported by the Banco Central De Nicaragua.
Nicaragua GDP Constant Prices at 146451.30 NIO Million  
GDP Constant Prices in Nicaragua increased to 146451.30 NIO Million in 2012 from 139206.30 NIO Million in 2011. GDP Constant Prices in Nicaragua is reported by the Banco Central De Nicaragua.
Nicaragua Government Budget Value at -417.84 NIO Million  
Nicaragua recorded a government budget deficit of 417.84 NIO Million in January of 2014. Government Budget Value in Nicaragua is reported by the Banco Central De Nicaragua.
Nicaragua Government Spending at 16036.60 NIO Million  
Government Spending in Nicaragua increased to 16036.60 NIO Million in 2012 from 14843.70 NIO Million in 2011. Government Spending in Nicaragua is reported by the Banco Central De Nicaragua.
Nicaragua Wages at 0.00 NIO Thousand  
Wages in Nicaragua remained unchanged at 0 NIO Thousand in December of 2013 from 0 NIO Thousand in November of 2013. Wages in Nicaragua is reported by the Banco Central De Nicaragua.
Nicaragua Consumer Price Index (CPI) at 178.84 Index Points  
Consumer Price Index (CPI) in Nicaragua decreased to 178.84 Index Points in March of 2014 from 178.86 Index Points in February of 2014. Consumer Price Index (CPI) in Nicaragua is reported by the Banco Central De Nicaragua.
Nicaragua Inflation Rate at 5.10 Percent  
The inflation rate in Nicaragua was recorded at 5.10 percent in March of 2014. Inflation Rate in Nicaragua is reported by the Consejo Monetario Centroamericano.
Nicaragua GDP Annual Growth Rate at 2.90 Percent  
The Gross Domestic Product (GDP) in Nicaragua expanded 2.90 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Nicaragua is reported by the Banco Central de Nicaragua.
Nicaragua Current Account at -329.90 USD Million  
Nicaragua recorded a Current Account deficit of 329.90 USD Million in the fourth quarter of 2013. Current Account in Nicaragua is reported by the Banco Central De Nicaragua.
Nicaragua Producer Prices at 210.60 Index Points  
Producer Prices in Nicaragua increased to 210.60 Index Points in January of 2014 from 208 Index Points in December of 2013. Producer Prices in Nicaragua is reported by the Banco Central De Nicaragua.
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