Monthly minimum wage (Local currency), per square kilometre in Nicaragua
Nicaragua: Monthly minimum wage (Local currency), per square kilometre was 0.0581 units per square kilometre in 2023. ◆ Volatile
Monthly minimum wage (Local currency), per square kilometre in Nicaragua, 1995–2023
Source: Statizoid (derived). Measured in units per square kilometre.
Analysis
In 2023, monthly minimum wage (local currency), per square kilometre in Nicaragua stood at 0.0581 units per square kilometre. That is the highest value across all 29 years on record.
That represents a change of up 10.0% on the previous year and up 100.5% over ten years.
Over the whole period, monthly minimum wage (local currency), per square kilometre in Nicaragua peaked at 0.0581 units per square kilometre in 2023 and was at its lowest, 0.0021 units per square kilometre, in 1995.
Nicaragua ranks 88th of 169 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Monthly minimum wage (Local currency), per square kilometre in Nicaragua, year by year
| Year | units per square kilometre | Change |
|---|---|---|
| 1995 | 0.0021 units per square kilometre | — |
| 1996 | 0.0021 units per square kilometre | +0.0% |
| 1997 | 0.0042 units per square kilometre | +100.0% |
| 1998 | 0.0042 units per square kilometre | +0.0% |
| 1999 | 0.005 units per square kilometre | +20.0% |
| 2000 | 0.005 units per square kilometre | +0.0% |
| 2001 | 0.0056 units per square kilometre | +11.7% |
| 2002 | 0.0061 units per square kilometre | +9.0% |
| 2003 | 0.0069 units per square kilometre | +13.0% |
| 2004 | 0.0075 units per square kilometre | +8.8% |
| 2005 | 0.0086 units per square kilometre | +15.0% |
| 2006 | 0.0101 units per square kilometre | +17.4% |
| 2007 | 0.0119 units per square kilometre | +18.0% |
| 2008 | 0.0137 units per square kilometre | +15.0% |
| 2009 | 0.0179 units per square kilometre | +31.0% |
| 2010 | 0.0201 units per square kilometre | +12.4% |
| 2011 | 0.0228 units per square kilometre | +13.4% |
| 2012 | 0.0258 units per square kilometre | +12.9% |
| 2013 | 0.029 units per square kilometre | +12.4% |
| 2014 | 0.032 units per square kilometre | +10.5% |
| 2015 | 0.0356 units per square kilometre | +11.3% |
| 2016 | 0.0389 units per square kilometre | +9.2% |
| 2017 | 0.0422 units per square kilometre | +8.4% |
| 2018 | 0.0467 units per square kilometre | +10.7% |
| 2019 | 0.0467 units per square kilometre | +0.0% |
| 2020 | 0.0479 units per square kilometre | +2.6% |
| 2021 | 0.0493 units per square kilometre | +3.0% |
| 2022 | 0.0528 units per square kilometre | +7.0% |
| 2023 | 0.0581 units per square kilometre | +10.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0035 units per square kilometre | 0.0021 units per square kilometre | 0.005 units per square kilometre | 5 |
| 2000s | 0.0093 units per square kilometre | 0.005 units per square kilometre | 0.0179 units per square kilometre | 10 |
| 2010s | 0.034 units per square kilometre | 0.0201 units per square kilometre | 0.0467 units per square kilometre | 10 |
| 2020s | 0.052 units per square kilometre | 0.0479 units per square kilometre | 0.0581 units per square kilometre | 4 |
Countries ranked near Nicaragua
- 85 Slovenia 0.0597 units per square kilometre compare
- 86 Solomon Islands 0.0594 units per square kilometre compare
- 87 Netherlands 0.0593 units per square kilometre compare
- 89 Argentina 0.057 units per square kilometre compare
- 90 Central African Republic 0.0562 units per square kilometre compare
- 91 Chad 0.0476 units per square kilometre compare
More work & labour data for Nicaragua
- Population - Est. & Proj. — Total Population - Both sexes, annual 1.36 % change on previous year (2024)
- Population - Est. & Proj. — Total Population - Male, annual growth 1.41 % change on previous year (2023)
- Population - Est. & Proj. — Total Population - Female, annual growth 1.36 % change on previous year (2023)
- Population - Est. & Proj. — Rural population, annual growth rate 0.2248 % change on previous year (2023)
- Population - Est. & Proj. — Urban population, annual growth rate 1.45 % change on previous year (2023)
- Population - Est. & Proj. — Urban population 3,954 1000 No (2023)
- Population - Est. & Proj. — Rural population 2,653 1000 No (2023)
- Population - Est. & Proj. — Total Population - Female 3,468 1000 No (2023)
- Population - Est. & Proj. — Total Population - Male 3,356 1000 No (2023)
- Population - Est. & Proj. — Total Population - Both sexes 6,916 1000 No (2024)
Frequently asked questions
- What is monthly minimum wage (local currency), per square kilometre in Nicaragua?
- Monthly minimum wage (local currency), per square kilometre in Nicaragua was 0.0581 units per square kilometre in 2023, according to Statizoid (derived).
- What is the highest monthly minimum wage (local currency), per square kilometre recorded in Nicaragua?
- The highest recorded value was 0.0581 units per square kilometre in 2023.
- What is the lowest monthly minimum wage (local currency), per square kilometre recorded in Nicaragua?
- The lowest recorded value was 0.0021 units per square kilometre in 1995.
- How does Nicaragua rank for monthly minimum wage (local currency), per square kilometre?
- Nicaragua ranks 88th out of 169 countries with data for 2023.
- Is monthly minimum wage (local currency), per square kilometre rising or falling in Nicaragua?
- Over the last ten years it is up 100.5%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Monthly minimum wage (Local currency) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Monthly minimum wage (Local currency) ÷ Land area (sq. km)
Computed from
- Monthly minimum wage International Labour Organization
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Monthly minimum wage (Local currency) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.