Real GDP growth of Nicaragua rocketed by 24.93% from 3.8 % in 2022 to 4.7 % in 2023. Since the 685.90% drop in 2021, real GDP growth sank by 54.71% in 2023.
The description is composed by our digital data assistant.Annual percentage growth rate of GDP at market prices based on constant local currency. 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. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
Live data and insights on Coronavirus around the world, including detailed statistics for the US, EU, and China — confirmed and recovered cases, deaths, alternative data on economic activities, customer behavior, supply chains, and more.
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