Nicaragua - PPP Conversion Factor 2023
11.43
+0.74 from 2022
Nicaragua's ppp conversion factor was 11.43 in 2023, increased +0.74 from 10.69 in 2022. This was the 121st highest globally.
Global Ranking - 2023▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Bahrain | 0.17 | -7.6% |
| 2nd | Oman | 0.19 | -8.0% |
| 3rd | Kuwait | 0.20 | -11.3% |
| 4th | Jordan | 0.30 | -1.7% |
| 5th | Timor-Leste | 0.31 | -23.6% |
| 6th | Montenegro | 0.36 | 4.7% |
| 7th | Kosovo | 0.36 | 0.9% |
| 8th | El Salvador | 0.42 | -1.0% |
| 9th | Ecuador | 0.42 | -1.3% |
| 10th | Croatia | 0.43 | 3.2% |
| 11th | Liberia | 0.45 | 1.2% |
| 12th | Panama | 0.47 | -1.3% |
| 13th | Lithuania | 0.49 | 5.0% |
| 14th | Latvia | 0.49 | 3.7% |
| 15th | Slovak Republic | 0.50 | 1.8% |
| 16th | Greece | 0.51 | 0.8% |
| 17th | Azerbaijan | 0.51 | -12.5% |
| 18th | Portugal | 0.51 | -0.7% |
| 19th | Brunei Darussalam | 0.52 | -15.9% |
| 20th | Slovenia | 0.54 | 4.5% |
| 21st | Spain | 0.56 | -0.5% |
| 22nd | Malta | 0.56 | 1.0% |
| 23rd | Cyprus | 0.57 | 0.2% |
| 24th | Estonia | 0.57 | 2.3% |
| 25th | West Bank and Gaza | 0.58 | -5.8% |
| 26th | Italy | 0.60 | 1.8% |
| 27th | Andorra | 0.60 | 2.6% |
| 28th | United Kingdom | 0.66 | 4.3% |
| 29th | Bosnia and Herzegovina | 0.67 | 2.0% |
| 30th | France | 0.68 | -0.6% |
| 31st | Germany | 0.70 | 1.8% |
| 32nd | San Marino | 0.70 | 3.6% |
| 33rd | Belgium | 0.70 | 0.8% |
| 34th | Austria | 0.70 | 2.5% |
| 35th | Zimbabwe | 0.71 | 738.3% |
| 36th | Netherlands | 0.73 | 2.3% |
| 37th | Bulgaria | 0.74 | 3.0% |
| 38th | Ireland | 0.74 | 2.6% |
| 39th | Belarus | 0.77 | 4.3% |
| 40th | Finland | 0.77 | -0.1% |
| 41st | Puerto Rico (US) | 0.78 | -0.3% |
| 42nd | Singapore | 0.80 | -8.3% |
| 43rd | Luxembourg | 0.81 | 1.0% |
| 44th | Palau | 0.86 | 7.2% |
| 45th | Georgia | 0.87 | -0.6% |
| 46th | Tunisia | 0.87 | 3.5% |
| 47th | Marshall Islands | 0.90 | 3.6% |
| 48th | Fiji | 0.91 | -0.8% |
| 49th | Micronesia, Federated States of | 0.93 | 2.0% |
| 50th | Cayman Islands | 0.93 | -0.8% |
| 51st | Kiribati | 0.94 | 4.9% |
| 52nd | Switzerland | 0.95 | -0.5% |
| 53rd | Bahamas, The | 0.98 | 2.9% |
| 54th | United States | 1.00 | 0.0% |
| 55th | Turks and Caicos Islands | 1.00 | -3.0% |
| 56th | Belize | 1.08 | 3.0% |
| 57th | Canada | 1.14 | -0.5% |
| 58th | Bermuda | 1.16 | 0.2% |
| 59th | Curaçao | 1.24 | -1.2% |
| 60th | Dominica | 1.32 | -1.5% |
| 61st | Australia | 1.34 | -1.6% |
| 62nd | Sint Maarten (Dutch part) | 1.37 | -1.5% |
| 63rd | Aruba | 1.37 | 3.4% |
| 64th | Nauru | 1.38 | 2.7% |
| 65th | St. Lucia | 1.41 | -2.0% |
| 66th | Malaysia | 1.42 | -5.3% |
| 67th | St. Vincent and the Grenadines | 1.44 | -0.7% |
| 68th | Turkmenistan | 1.45 | -6.6% |
| 69th | New Zealand | 1.46 | 1.9% |
| 70th | Tuvalu | 1.55 | 3.1% |
| 71st | Samoa | 1.61 | 3.1% |
| 72nd | Grenada | 1.62 | 0.8% |
| 73rd | Tonga | 1.71 | 3.7% |
| 74th | Peru | 1.74 | 2.6% |
| 75th | St. Kitts and Nevis | 1.79 | 0.8% |
| 76th | Romania | 1.81 | 4.8% |
| 77th | Antigua and Barbuda | 1.84 | 1.3% |
| 78th | Saudi Arabia | 1.89 | -5.6% |
| 79th | Poland | 1.92 | 6.7% |
| 80th | Libya | 2.09 | -10.8% |
| 81st | Barbados | 2.16 | -1.6% |
| 82nd | Papua New Guinea | 2.28 | -7.7% |
| 83rd | Bolivia, Plurinational State of | 2.29 | -3.3% |
| 84th | Qatar | 2.30 | -12.4% |
| 85th | United Arab Emirates | 2.35 | -5.4% |
| 86th | Brazil | 2.45 | 1.5% |
| 87th | Tajikistan | 2.57 | 0.1% |
| 88th | Guatemala | 3.28 | 2.8% |
| 89th | Israel | 3.46 | 0.4% |
| 90th | Ghana | 3.48 | 35.2% |
| 91st | Trinidad and Tobago | 3.57 | -16.0% |
| 92nd | China | 3.64 | -4.0% |
| 93rd | Morocco | 3.91 | 3.3% |
| 94th | Macao SAR, China | 4.66 | 0.8% |
| 95th | Egypt, Arab Republic of | 4.79 | 20.5% |
| 96th | Sierra Leone | 4.80 | 24.8% |
| 97th | Botswana | 5.06 | -1.8% |
| 98th | Greenland | 5.11 | -1.7% |
| 99th | Hong Kong SAR, China | 5.54 | -0.7% |
| 100th | Lesotho | 5.87 | -3.8% |
| 101st | Denmark | 6.05 | -0.8% |
| 102nd | Solomon Islands | 6.07 | -1.0% |
| 103rd | Eswatini | 6.13 | 2.4% |
| 104th | Faroe Islands | 6.26 | -0.6% |
| 105th | Zambia | 6.60 | 3.4% |
| 106th | Namibia | 6.87 | 2.9% |
| 107th | Moldova | 6.96 | 5.5% |
| 108th | South Africa | 7.32 | 1.1% |
| 109th | Türkiye | 7.42 | 62.8% |
| 110th | Maldives | 7.81 | -1.4% |
| 111th | Seychelles | 8.06 | 0.5% |
| 112th | Sweden | 8.52 | 2.1% |
| 113th | Norway | 8.92 | 6.5% |
| 114th | Suriname | 9.62 | 28.5% |
| 115th | Mexico | 9.75 | -1.7% |
| 116th | Ukraine | 10.64 | 15.7% |
| 117th | Thailand | 10.65 | -2.2% |
| 118th | Honduras | 11.06 | 2.4% |
| 119th | São Tomé and Principe | 11.10 | 19.4% |
| 120th | Mauritania | 11.19 | 0.2% |
| 121st | Nicaragua | 11.43 | 6.9% |
| 122nd | Czechia | 12.58 | 0.8% |
| 123rd | Afghanistan | 14.80 | -0.7% |
| 124th | Gambia, The | 16.44 | 9.8% |
| 125th | Mauritius | 17.26 | 2.4% |
| 126th | Philippines | 19.26 | 1.0% |
| 127th | North Macedonia | 19.48 | 5.9% |
| 128th | Bhutan | 19.52 | 0.8% |
| 129th | India | 20.29 | -1.0% |
| 130th | Dominican Republic | 23.10 | 2.1% |
| 131st | Mozambique | 23.68 | 1.4% |
| 132nd | Kyrgyz Republic | 25.74 | 15.7% |
| 133rd | Uruguay | 25.93 | -0.2% |
| 134th | Russian Federation | 27.24 | 4.2% |
| 135th | Bangladesh | 28.63 | 3.2% |
| 136th | Nepal | 33.50 | 2.1% |
| 137th | Albania | 39.45 | -0.4% |
| 138th | Kenya | 43.00 | 1.8% |
| 139th | Algeria | 43.36 | -2.5% |
| 140th | Serbia | 44.71 | 4.4% |
| 141st | Cabo Verde | 47.66 | -0.3% |
| 142nd | Pakistan | 56.20 | 21.6% |
| 143rd | Haiti | 73.05 | 26.9% |
| 144th | Guyana | 78.00 | -17.1% |
| 145th | Djibouti | 83.16 | -1.1% |
| 146th | Sri Lanka | 86.07 | 12.6% |
| 147th | Jamaica | 91.91 | 7.5% |
| 148th | Japan | 93.83 | -1.1% |
| 149th | Vanuatu | 116.27 | 3.3% |
| 150th | Iceland | 137.85 | 2.2% |
| 151st | Argentina | 139.81 | 128.5% |
| 152nd | Armenia | 148.71 | -0.5% |
| 153rd | Kazakhstan | 152.54 | 5.7% |
| 154th | Nigeria | 158.29 | 7.0% |
| 155th | Hungary | 169.09 | 8.9% |
| 156th | Comoros | 186.25 | -0.9% |
| 157th | Burkina Faso | 192.02 | -1.6% |
| 158th | Cameroon | 192.87 | 0.0% |
| 159th | Mali | 199.47 | -1.3% |
| 160th | Guinea-Bissau | 200.47 | 1.5% |
| 161st | Togo | 202.87 | 0.4% |
| 162nd | Benin | 204.79 | -0.2% |
| 163rd | Niger | 206.49 | -0.1% |
| 164th | Chad | 213.24 | -7.1% |
| 165th | Senegal | 215.58 | -0.5% |
| 166th | Côte d'Ivoire | 217.24 | 0.3% |
| 167th | Sudan | 217.24 | 25.2% |
| 168th | Angola | 218.51 | 13.8% |
| 169th | Congo, Republic of | 219.42 | -10.8% |
| 170th | Gabon | 228.03 | -13.1% |
| 171st | Equatorial Guinea | 232.64 | -10.9% |
| 172nd | Central African Republic | 239.32 | 0.0% |
| 173rd | Costa Rica | 318.84 | -5.2% |
| 174th | Rwanda | 350.49 | 8.1% |
| 175th | Malawi | 401.66 | 24.6% |
| 176th | Chile | 432.56 | -0.5% |
| 177th | Myanmar | 435.00 | 6.9% |
| 178th | Iraq | 535.67 | -18.5% |
| 179th | Tanzania | 725.85 | -0.8% |
| 180th | Burundi | 751.94 | 14.9% |
| 181st | Korea | 811.05 | 0.1% |
| 182nd | Congo, Democratic Republic of | 932.43 | 7.4% |
| 183rd | Mongolia | 1,123.87 | 17.5% |
| 184th | Uganda | 1,214.20 | 3.0% |
| 185th | Madagascar | 1,246.05 | 3.7% |
| 186th | Cambodia | 1,344.13 | -2.5% |
| 187th | Colombia | 1,425.43 | 4.5% |
| 188th | Syrian Arab Republic | 1,757.52 | 112.7% |
| 189th | Paraguay | 2,614.36 | -1.4% |
| 190th | Uzbekistan | 3,041.71 | 9.9% |
| 191st | Guinea | 3,054.70 | 2.4% |
| 192nd | Lao PDR | 3,934.87 | 20.1% |
| 193rd | Indonesia | 4,819.74 | -2.0% |
| 194th | Viet Nam | 6,840.61 | -1.5% |
| 195th | Somalia, Fed. Rep. | 10,446.32 | 1.0% |
| 196th | Lebanon | 23,736.79 | 192.4% |
| 197th | Iran, Islamic Republic of | 94,357.98 | 32.5% |
FAQ
What was Nicaragua's ppp conversion factor in 2023?▾
Nicaragua's ppp conversion factor in 2023 was 11.43. This ranked 121st globally.
How did Nicaragua's ppp conversion factor change in 2023?▾
Nicaragua's ppp conversion factor increased by 6.9% in 2023 compared to 2022.
Which country had the highest ppp conversion factor in 2023?▾
Iran, Islamic Republic of had the highest ppp conversion factor in 2023 at 94,357.98.
What is the ppp conversion factor of Nicaragua in 2023?▾
The ppp conversion factor of Nicaragua in 2023 was 11.43. This ranked 121st globally.
How does 2023 compare to 2022 for Nicaragua's ppp conversion factor?▾
Nicaragua's ppp conversion factor went from 10.69 in 2022 to 11.43 in 2023, a 6.9% increase.
HistorySaid - pattern alert
Nicaragua matched the Export Boom Cycle pattern in 2023. Historically: 768 occurrences, 546 successful (71%). View full analysis →
Related
2022
2024
All years
Full ranking 2023
Inflation Rate
Consumer Price Index
Peak: 2025
Lowest: 1990
PPP Conversion Factor 1990s
PPP Conversion Factor 2000s
PPP Conversion Factor 2010s
PPP Conversion Factor 2020s
Highest ever
Lowest ever
Average
vs Angola
vs Côte d'Ivoire
vs Zimbabwe
vs India
Global Ranking