Nicaragua: Savings, percent of GDP
* indicates monthly or quarterly data series
| Nicaragua |
Savings as percent of GDP |
|---|---|
| Latest value | 19.88 |
| Year | 2022 |
| Measure | percent |
| Data availability | 1994 - 2022 |
| Average | 14.90 |
| Min - Max | -4.66 - 23.57 |
| Source | The World Bank |
The latest value from 2022 is 19.88 percent, an increase from 18.99 percent in 2021. In comparison, the world average is 24.61 percent, based on data from 123 countries. Historically, the average for Nicaragua from 1994 to 2022 is 14.9 percent. The minimum value, -4.66 percent, was reached in 1994 while the maximum of 23.57 percent was recorded in 2019.
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* indicates monthly or quarterly data series
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The savings in Nicaragua and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
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What factors determine the exchange rates
International lending and sovereign debt
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Share of industry | 27.31 | 2023 | percent |
| Share of manufacturing | 13.75 | 2023 | percent |
| Share of services | 46.31 | 2023 | percent |
| Industry value added | 4.87 | 2023 | billion U.S. dollars |
| Manufacturing value added | 2.45 | 2023 | billion U.S. dollars |
| Services value added | 8.26 | 2023 | billion U.S. dollars |
| Savings, percent of GDP | 19.88 | 2022 | percent |
| Savings, in dollars | 5.39 | 2023 | billion U.S. dollars |