Price level ratio of PPP conversion factor (GDP) to market exchange in Nicaragua

Nicaragua: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.327 in 2024. ▼ Falling

Latest (2024)
0.327
Change on year
up 4.3%
World rank
158th
of 202 countries
All-time high
0.4455
in 1992
All-time low
0.2979
in 2022
Years of data
35
1990–2024

Price level ratio of PPP conversion factor (GDP) to market exchange in Nicaragua, 1990–2024

00.10.20.30.41990200720241990: 0.4051991: 0.381992: 0.4461993: 0.4281994: 0.4111995: 0.4081996: 0.3921997: 0.3771998: 0.381999: 0.3672000: 0.3632001: 0.3612002: 0.3442003: 0.3352004: 0.3372005: 0.3422006: 0.3412007: 0.3472008: 0.3772009: 0.3782010: 0.3782011: 0.3882012: 0.3962013: 0.392014: 0.3862015: 0.3812016: 0.3622017: 0.3512018: 0.3432019: 0.3272020: 0.3092021: 0.32022: 0.2982023: 0.3142024: 0.327

Source: UNESCO Institute for Statistics.

Analysis

In 2024, price level ratio of ppp conversion factor (gdp) to market exchange in Nicaragua stood at 0.327.

The figure is up 4.3% on the previous year and down 15.4% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Nicaragua peaked at 0.4455 in 1992 and was at its lowest, 0.2979, in 2022.

That places Nicaragua 158th out of 202 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 35 years of available data.

Price level ratio of PPP conversion factor (GDP) to market exchange in Nicaragua, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Nicaragua, 1990 to 2024.
Year Value Change
1990 0.4053
1991 0.3799 -6.3%
1992 0.4455 +17.3%
1993 0.4281 -3.9%
1994 0.4114 -3.9%
1995 0.4078 -0.9%
1996 0.3918 -3.9%
1997 0.3775 -3.7%
1998 0.38 +0.7%
1999 0.3668 -3.5%
2000 0.3625 -1.2%
2001 0.3607 -0.5%
2002 0.3441 -4.6%
2003 0.3353 -2.5%
2004 0.3375 +0.6%
2005 0.3424 +1.5%
2006 0.3412 -0.3%
2007 0.347 +1.7%
2008 0.3767 +8.6%
2009 0.3781 +0.4%
2010 0.3777 -0.1%
2011 0.3884 +2.8%
2012 0.3959 +1.9%
2013 0.3896 -1.6%
2014 0.3864 -0.8%
2015 0.3807 -1.5%
2016 0.3624 -4.8%
2017 0.3506 -3.3%
2018 0.3429 -2.2%
2019 0.3275 -4.5%
2020 0.309 -5.7%
2021 0.3004 -2.8%
2022 0.2979 -0.8%
2023 0.3136 +5.3%
2024 0.327 +4.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.3994 0.3668 0.4455 10
2000s 0.3526 0.3353 0.3781 10
2010s 0.3702 0.3275 0.3959 10
2020s 0.3096 0.2979 0.327 5

Countries ranked near Nicaragua

  1. 155 Mali 0.3283 compare
  2. 156 Eritrea 0.3276 compare
  3. 157 Uganda 0.3275 compare
  4. 159 Lesotho 0.3241 compare
  5. 160 Georgia 0.3235 compare
  6. 161 Togo 0.3221 compare

See the full ranking of 202 places →

More population data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Nicaragua?
Price level ratio of ppp conversion factor (gdp) to market exchange in Nicaragua was 0.327 in 2024, according to UNESCO Institute for Statistics.
What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Nicaragua?
The highest recorded value was 0.4455 in 1992.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Nicaragua?
The lowest recorded value was 0.2979 in 2022.
How does Nicaragua rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Nicaragua ranks 158th out of 202 countries with data for 2024.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Nicaragua?
Over the last ten years it is down 15.4%. The long-run trend across the full record is falling.
Where does this Nicaragua data come from?
The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.

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Price level ratio of PPP conversion factor (GDP) to market exchange in Nicaragua. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 07 September 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/nicaragua/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release