Labor share of gdp in Nicaragua
Nicaragua: Labor share of gdp was 48.4 in 2020. βΌ Falling
Latest (2020)
48.4
Change on year
down 0.6%
World rank
84th
of 186 countries
All-time high
53.9
in 2009
All-time low
48.4
in 2020
Years of data
17
2004β2020
Labor share of gdp in Nicaragua, 2004β2020
Source: Our World in Data.
Analysis
Nicaragua recorded 48.4 for labor share of gdp in 2020. That is the lowest value across all 17 years on record.
The figure is down 0.6% on the previous year and down 9.5% over ten years.
Over the whole period, labor share of gdp in Nicaragua peaked at 53.9 in 2009 and was at its lowest, 48.4, in 2020.
That places Nicaragua 84th out of 186 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 53.18 | 52.7 | 53.9 | 6 |
| 2010s | 51.41 | 48.7 | 53.7 | 10 |
| 2020s | 48.4 | 48.4 | 48.4 | 1 |
Countries ranked near Nicaragua
- 82 Gambia, The 48.8 compare
- 83 Poland 48.5 compare
- 85 Hungary 48.2 compare
- 86 Haiti 47.8 compare
- 87 Dominican Republic 47.7 compare
More work & labour data for Nicaragua
- Population - Est. & Proj. β Rural population, annual growth rate 0.2248 % change on previous year (2023)
- Population - Est. & Proj. β Urban population, annual growth rate 1.45 % change on previous year (2023)
- Population - Est. & Proj. β Urban population 3,954 1000 No (2023)
- Population - Est. & Proj. β Rural population 2,653 1000 No (2023)
- Population - Est. & Proj. β Total Population - Female 3,468 1000 No (2023)
- Population - Est. & Proj. β Total Population - Male 3,356 1000 No (2023)
- Population - Est. & Proj. β Total Population - Both sexes 6,916 1000 No (2024)
- Population - Est. & Proj. β Rural population, per unit of GDP 0 1000 No per US$ of GDP (2023)
- Population - Est. & Proj. β Rural population, per capita 0.0004 1000 No per person (2023)
- Population - Est. & Proj. β Urban population, per unit of GDP 0 1000 No per US$ of GDP (2023)
Frequently asked questions
- What is labor share of gdp in Nicaragua?
- Labor share of gdp in Nicaragua was 48.4 in 2020, according to Our World in Data.
- What is the highest labor share of gdp recorded in Nicaragua?
- The highest recorded value was 53.9 in 2009.
- What is the lowest labor share of gdp recorded in Nicaragua?
- The lowest recorded value was 48.4 in 2020.
- How does Nicaragua rank for labor share of gdp?
- Nicaragua ranks 84th out of 186 countries with data for 2020.
- Is labor share of gdp rising or falling in Nicaragua?
- Over the last ten years it is down 9.5%. The long-run trend across the full record is falling.
- Where does this Nicaragua data come from?
- The figures come from Our World in Data, published as part of Labor share of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 17 observations, free to reuse under CC BY 4.0 (Our World in Data).