Nicaragua NI: GDP: % of GDP: Gross Value Added: Services

1994 - 2017 | Yearly | % | World Bank

Nicaragua NI: GDP: % of GDP: Gross Value Added: Services data was reported at 51.040 % in 2017. This records an increase from the previous number of 50.899 % for 2016. Nicaragua NI: GDP: % of GDP: Gross Value Added: Services data is updated yearly, averaging 50.228 % from Dec 1994 (Median) to 2017, with 24 observations. The data reached an all-time high of 54.201 % in 2009 and a record low of 47.229 % in 1996. Nicaragua NI: GDP: % of GDP: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nicaragua – Table NI.World Bank: Gross Domestic Product: Share of GDP. Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

View Nicaragua's Nicaragua NI: GDP: % of GDP: Gross Value Added: Services from 1994 to 2017 in the chart:

Nicaragua Nicaragua NI: GDP: % of GDP: Gross Value Added: Services

What was Nicaragua's Nicaragua NI: GDP: % of GDP: Gross Value Added: Services in 2017?

Last Previous Min Max Unit Frequency Range
51.04 2017 50.90 2016 47.23 1996 54.20 2009 % yearly 1994 - 2017

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Nicaragua Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 9,052.290 2027 yearly 1994 - 2027
Forecast: Nominal GDP Per Capita (USD) 3,017.240 2027 yearly 1994 - 2027
Forecast: Real GDP Growth (%) 3.000 2027 yearly 1980 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (NIO bn) 307.521 2029 yearly 2000 - 2029
Forecast: Government Net Debt (NIO bn) 397.850 2029 yearly 1997 - 2029
Forecast: Government Revenue (NIO bn) 303.907 2029 yearly 2000 - 2029
Demographic and Labour Market Last Frequency Range
Forecast: Employment (Person mn) 0.000 yearly -
Forecast: Population (Person mn) 7.031 2028 yearly 1994 - 2028
Forecast: Unemployment Rate (%) 4.153 2029 yearly 1980 - 2029
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 4.000 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) 0.201 2029 yearly 1980 - 2029

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