Mineral rents (% of GDP) in Nicaragua
Nicaragua: Mineral rents (% of GDP) was 2.7% in 2021. ◆ Volatile
Mineral rents in Nicaragua, 1970–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for mineral rents in Nicaragua is 2.7%, measured in 2021.
That represents a change of up 5,275.1% on the previous year and down 18.5% over ten years.
Over the whole period, mineral rents in Nicaragua peaked at 3.3% in 2011 and was at its lowest, 0.0%, in 2001.
Nicaragua ranks 34th of 214 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Mineral rents (% of GDP) in Nicaragua, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.4% | — |
| 1971 | 0.4% | -14.1% |
| 1972 | 0.4% | +9.7% |
| 1973 | 1.3% | +222.7% |
| 1974 | 1.2% | -8.7% |
| 1975 | 0.3% | -78.2% |
| 1976 | 0.3% | -3.9% |
| 1977 | 0.1% | -62.3% |
| 1978 | 0.0% | -86.4% |
| 1979 | 0.3% | +2366.2% |
| 1980 | 1.1% | +238.3% |
| 1981 | 0.6% | -48.4% |
| 1982 | 0.3% | -45.5% |
| 1983 | 0.3% | +8.1% |
| 1984 | 0.1% | -67.0% |
| 1985 | 0.1% | -23.8% |
| 1986 | 0.1% | +27.3% |
| 1987 | 0.1% | +19.9% |
| 1988 | 0.2% | +27.3% |
| 1989 | 0.3% | +69.1% |
| 1990 | 0.3% | -3.9% |
| 1991 | 0.3% | +10.4% |
| 1992 | 0.2% | -16.2% |
| 1993 | 0.2% | -14.4% |
| 1994 | 0.0% | -98.8% |
| 1995 | 0.0% | +23.0% |
| 1996 | 0.0% | +1035.7% |
| 1997 | 0.0% | -93.3% |
| 1998 | 0.0% | +33.7% |
| 1999 | 0.1% | +3009.1% |
| 2000 | 0.1% | +37.3% |
| 2001 | 0.0% | -99.2% |
| 2002 | 0.1% | +4573.5% |
| 2003 | 0.0% | -97.0% |
| 2004 | 0.2% | +13363.2% |
| 2005 | 0.1% | -37.0% |
| 2006 | 0.3% | +97.5% |
| 2007 | 0.3% | +12.1% |
| 2008 | 0.1% | -72.5% |
| 2009 | 0.1% | +10.0% |
| 2010 | 1.8% | +1889.4% |
| 2011 | 3.3% | +80.8% |
| 2012 | 3.0% | -9.9% |
| 2013 | 2.9% | -3.7% |
| 2014 | 1.8% | -36.8% |
| 2015 | 0.4% | -77.7% |
| 2016 | 0.9% | +125.0% |
| 2017 | 0.9% | -3.6% |
| 2018 | 0.7% | -19.6% |
| 2019 | 0.0% | -93.5% |
| 2020 | 0.0% | +9.9% |
| 2021 | 2.7% | +5275.1% |
Nicaragua compared with similar countries
- Nicaragua's 2.7% is above the median for lower middle income countries, which is 0.0%, 334.7× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Mineral rents (% of GDP) in Nicaragua changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +13363.2% | 0.0% | 0.2% |
| 2021 | +5275.1% | 0.0% | 2.7% |
| 2002 | +4573.5% | 0.0% | 0.1% |
| 1999 | +3009.1% | 0.0% | 0.1% |
| 1979 | +2366.2% | 0.0% | 0.3% |
| 2010 | +1889.4% | 0.1% | 1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5% | 0.0% | 1.3% | 10 |
| 1980s | 0.3% | 0.1% | 1.1% | 10 |
| 1990s | 0.1% | 0.0% | 0.3% | 10 |
| 2000s | 0.1% | 0.0% | 0.3% | 10 |
| 2010s | 1.6% | 0.0% | 3.3% | 10 |
| 2020s | 1.4% | 0.0% | 2.7% | 2 |
Countries ranked near Nicaragua
More energy & mining data for Nicaragua
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- 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)
- Fuel imports 12.8% (2024)
Frequently asked questions
- What is mineral rents in Nicaragua?
- Mineral rents in Nicaragua was 2.7% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in Nicaragua?
- The highest recorded value was 3.3% in 2011.
- What is the lowest mineral rents recorded in Nicaragua?
- The lowest recorded value was 0.0% in 2001.
- How does Nicaragua rank for mineral rents?
- Nicaragua ranks 34th out of 214 countries with data for 2021.
- Is mineral rents rising or falling in Nicaragua?
- Over the last ten years it is down 18.5%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from The Changing Wealth of Nations, World Bank (WB), published as part of Mineral rents (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Mineral rents are the difference between the value of production for a stock of minerals at world prices and their total costs of production. Minerals included in the calculation are tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.