Nicaragua - Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in Nicaragua was 390,887,000,000 as of 2020. As the graph below shows, over the past 26 years this indicator reached a maximum value of 390,887,000,000 in 2020 and a minimum value of 23,138,200,000 in 1994.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1994 23,138,200,000
1995 27,712,870,000
1996 32,214,290,000
1997 36,459,820,000
1998 42,779,360,000
1999 50,127,910,000
2000 56,812,070,000
2001 63,417,340,000
2002 65,763,390,000
2003 70,972,150,000
2004 81,105,800,000
2005 91,985,720,000
2006 107,590,000,000
2007 123,962,000,000
2008 149,991,000,000
2009 154,180,000,000
2010 169,629,000,000
2011 198,345,000,000
2012 223,697,000,000
2013 245,039,000,000
2014 278,665,000,000
2015 314,393,000,000
2016 342,901,000,000
2017 373,231,000,000
2018 375,353,000,000
2019 376,837,000,000
2020 390,887,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts