GDP per unit of energy use in Nicaragua
Nicaragua: GDP per unit of energy use was 11.85 constant 2021 PPP $ per kg of oil equivalent in 2023. ▲ Rising
GDP per unit of energy use in Nicaragua, 1990–2023
Source: IEA Energy Statistics Data Browser, International Energy Agency (IEA). Measured in constant 2021 PPP $ per kg of oil equivalent.
Analysis
In 2023, gdp per unit of energy use in Nicaragua stood at 11.85 constant 2021 PPP $ per kg of oil equivalent.
The figure is down 1.7% on the previous year and up 5.2% over ten years.
Over the whole period, gdp per unit of energy use in Nicaragua peaked at 12.05 constant 2021 PPP $ per kg of oil equivalent in 2022 and was at its lowest, 7.98 constant 2021 PPP $ per kg of oil equivalent, in 1992.
That places Nicaragua 107th out of 168 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
GDP per unit of energy use in Nicaragua, year by year
| Year | constant 2021 PPP $ per kg of oil equivalent | Change |
|---|---|---|
| 1990 | 8.7 constant 2021 PPP $ per kg of oil equivalent | — |
| 1991 | 8.21 constant 2021 PPP $ per kg of oil equivalent | -5.6% |
| 1992 | 7.98 constant 2021 PPP $ per kg of oil equivalent | -2.9% |
| 1993 | 8.07 constant 2021 PPP $ per kg of oil equivalent | +1.2% |
| 1994 | 8.56 constant 2021 PPP $ per kg of oil equivalent | +6.1% |
| 1995 | 8.49 constant 2021 PPP $ per kg of oil equivalent | -0.8% |
| 1996 | 8.87 constant 2021 PPP $ per kg of oil equivalent | +4.4% |
| 1997 | 8.81 constant 2021 PPP $ per kg of oil equivalent | -0.7% |
| 1998 | 9.08 constant 2021 PPP $ per kg of oil equivalent | +3.1% |
| 1999 | 9.59 constant 2021 PPP $ per kg of oil equivalent | +5.6% |
| 2000 | 9.75 constant 2021 PPP $ per kg of oil equivalent | +1.6% |
| 2001 | 9.95 constant 2021 PPP $ per kg of oil equivalent | +2.0% |
| 2002 | 10.02 constant 2021 PPP $ per kg of oil equivalent | +0.7% |
| 2003 | 9.9 constant 2021 PPP $ per kg of oil equivalent | -1.2% |
| 2004 | 9.89 constant 2021 PPP $ per kg of oil equivalent | -0.2% |
| 2005 | 10.15 constant 2021 PPP $ per kg of oil equivalent | +2.6% |
| 2006 | 10.21 constant 2021 PPP $ per kg of oil equivalent | +0.6% |
| 2007 | 10.54 constant 2021 PPP $ per kg of oil equivalent | +3.3% |
| 2008 | 10.88 constant 2021 PPP $ per kg of oil equivalent | +3.2% |
| 2009 | 10.58 constant 2021 PPP $ per kg of oil equivalent | -2.8% |
| 2010 | 10.78 constant 2021 PPP $ per kg of oil equivalent | +1.8% |
| 2011 | 11.25 constant 2021 PPP $ per kg of oil equivalent | +4.4% |
| 2012 | 11.07 constant 2021 PPP $ per kg of oil equivalent | -1.6% |
| 2013 | 11.27 constant 2021 PPP $ per kg of oil equivalent | +1.7% |
| 2014 | 11.44 constant 2021 PPP $ per kg of oil equivalent | +1.5% |
| 2015 | 11.34 constant 2021 PPP $ per kg of oil equivalent | -0.9% |
| 2016 | 11.42 constant 2021 PPP $ per kg of oil equivalent | +0.7% |
| 2017 | 11.69 constant 2021 PPP $ per kg of oil equivalent | +2.3% |
| 2018 | 11.43 constant 2021 PPP $ per kg of oil equivalent | -2.2% |
| 2019 | 10.97 constant 2021 PPP $ per kg of oil equivalent | -4.1% |
| 2020 | 11.16 constant 2021 PPP $ per kg of oil equivalent | +1.8% |
| 2021 | 11.81 constant 2021 PPP $ per kg of oil equivalent | +5.8% |
| 2022 | 12.05 constant 2021 PPP $ per kg of oil equivalent | +2.0% |
| 2023 | 11.85 constant 2021 PPP $ per kg of oil equivalent | -1.7% |
Nicaragua compared with similar countries
- Nicaragua's 11.85 constant 2021 PPP $ per kg of oil equivalent is below the median for lower middle income countries, which is 13.06 constant 2021 PPP $ per kg of oil equivalent, 91% of the median. (39 countries reporting)
- Nicaragua's 11.85 constant 2021 PPP $ per kg of oil equivalent is below the median for Latin America & Caribbean, which is 15.13 constant 2021 PPP $ per kg of oil equivalent, 78% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.64 constant 2021 PPP $ per kg of oil equivalent | 7.98 constant 2021 PPP $ per kg of oil equivalent | 9.59 constant 2021 PPP $ per kg of oil equivalent | 10 |
| 2000s | 10.19 constant 2021 PPP $ per kg of oil equivalent | 9.75 constant 2021 PPP $ per kg of oil equivalent | 10.88 constant 2021 PPP $ per kg of oil equivalent | 10 |
| 2010s | 11.26 constant 2021 PPP $ per kg of oil equivalent | 10.78 constant 2021 PPP $ per kg of oil equivalent | 11.69 constant 2021 PPP $ per kg of oil equivalent | 10 |
| 2020s | 11.72 constant 2021 PPP $ per kg of oil equivalent | 11.16 constant 2021 PPP $ per kg of oil equivalent | 12.05 constant 2021 PPP $ per kg of oil equivalent | 4 |
Countries ranked near Nicaragua
- 104 Cambodia 12.07 constant 2021 PPP $ per kg of oil equivalent compare
- 105 Equatorial Guinea 12.04 constant 2021 PPP $ per kg of oil equivalent compare
- 106 United States of America 11.9 constant 2021 PPP $ per kg of oil equivalent compare
- 108 Syrian Arab Republic 11.67 constant 2021 PPP $ per kg of oil equivalent compare
- 109 India 11.62 constant 2021 PPP $ per kg of oil equivalent compare
- 110 Thailand 11.48 constant 2021 PPP $ per kg of oil equivalent compare
More energy & mining data for Nicaragua
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 0.3302 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 12.8% (2024)
Frequently asked questions
- What is gdp per unit of energy use in Nicaragua?
- Gdp per unit of energy use in Nicaragua was 11.85 constant 2021 PPP $ per kg of oil equivalent in 2023, according to IEA Energy Statistics Data Browser, International Energy Agency (IEA).
- What is the highest gdp per unit of energy use recorded in Nicaragua?
- The highest recorded value was 12.05 constant 2021 PPP $ per kg of oil equivalent in 2022.
- What is the lowest gdp per unit of energy use recorded in Nicaragua?
- The lowest recorded value was 7.98 constant 2021 PPP $ per kg of oil equivalent in 1992.
- How does Nicaragua rank for gdp per unit of energy use?
- Nicaragua ranks 107th out of 168 countries with data for 2023.
- Is gdp per unit of energy use rising or falling in Nicaragua?
- Over the last ten years it is up 5.2%. The long-run trend across the full record is rising.
- Where does this Nicaragua data come from?
- The figures come from IEA Energy Statistics Data Browser, International Energy Agency (IEA), published as part of GDP per unit of energy use (constant 2021 PPP $ per kg of oil equivalent). Statizoid updates them automatically from the source API.
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About this data
GDP per unit of energy use is the PPP GDP per kilogram of oil equivalent of energy use. PPP GDP is gross domestic product converted to 2021 constant international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States.