Nicaragua PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
Nicaragua's ppp conversion factor was 12.13 in 2025, ranked 81st globally. This represents a 1.3% increase from 2024. Data from World Bank, covering 1990–2025.
Overview
Nicaragua's ppp conversion factor stood at 12.13 in 2025, a rise of +0.16 from 2024. Based on recent trends, this figure is projected to reach 12.13 by 2025. Nicaragua ranked 81st globally.
Nicaragua’s purchasing power parity (PPP) conversion factor rose from a low of 0.06 in 1990 to a record high of 12.13 in 2025, reflecting substantial shifts in relative price levels and currency valuation over the past three and a half decades. This upward trajectory contrasts sharply with the country’s economic instability in the 1990s, when hyperinflation and structural adjustments suppressed purchasing power. By 2025, Nicaragua’s PPP factor ranked 81st globally, placing it in proximity to peer economies such as Honduras, which recorded a value of 11.50, and Türkiye at 12.64. The sustained increase suggests long-term inflationary pressures and currency depreciation against the U.S. dollar, partially offset by lower domestic price levels for non-tradable goods and services. While the 2025 figure marks an all-time peak, the rate of change has varied over time, influenced by external shocks, remittance inflows, and monetary policy. Going forward, the trajectory of Nicaragua’s PPP conversion factor will likely depend on macroeconomic stabilization efforts, exchange rate dynamics, and comparative inflation trends relative to trading partners.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 12.85 | - | - |
| 2026* trend | 12.49 | - | - |
| 2025* trend | 12.13 | - | - |
| 2025 | 12.13 | +0.16 | #81 |
| 2024 | 11.98 | +0.55 | #115 |
| 2023 | 11.43 | +0.74 | #121 |
| 2022 | 10.69 | +0.12 | #119 |
| 2021 | 10.56 | −0.05 | #120 |
| 2020 | 10.61 | −0.24 | #121 |
| 2019 | 10.85 | +0.03 | #121 |
| 2018 | 10.82 | +0.28 | #122 |
| 2017 | 10.54 | +0.16 | #124 |
| 2016 | 10.37 | −0.01 | #124 |
| 2015 | 10.38 | +0.35 | #125 |
| 2014 | 10.03 | +0.40 | #124 |
| 2013 | 9.63 | +0.31 | #124 |
| 2012 | 9.32 | +0.61 | #124 |
| 2011 | 8.71 | +0.64 | #123 |
Detected Pattern
Analysis
Nicaragua matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw ppp conversion factor improve within 24 months. View full analysis →
Frequently Asked Questions
Nicaragua's ppp conversion factor was 12.13 in 2025. Ranked 81st globally. This represents a 1.3% increase from the previous year.
Nicaragua's ppp conversion factor peaked at 12.13 in 2025.
The lowest ppp conversion factor in Nicaragua was 0.06 in 1990.
Nicaragua ranks 81st globally in ppp conversion factor as of 2025.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
Nicaragua's ppp conversion factor is projected to reach 12.13 by 2025 based on trend extrapolation.
The ppp conversion factor of Nicaragua in 2025 was 12.13. This ranks 81st in the world.
Cite this page
@misc{historysaid_nicaragua_ppp-conversion-factor,
title = {Nicaragua PPP Conversion Factor},
url = {https://historysaid.com/nicaragua/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}