Wage bill as a percentage of GDP in Nicaragua
Nicaragua: Wage bill as a percentage of GDP was 6.6% in 2022. ▲ Rising
Latest (2022)
6.6%
Change on year
up 2.9%
World rank
118th
of 191 countries
All-time high
7.2%
in 2019
All-time low
4.8%
in 2000
Years of data
23
2000–2022
Wage bill as a percentage of GDP in Nicaragua, 2000–2022
Source: World Bank.
Analysis
In 2022, wage bill as a percentage of gdp in Nicaragua stood at 6.6%.
The figure is up 2.9% on the previous year and down 0.1% over ten years.
Over the whole period, wage bill as a percentage of gdp in Nicaragua peaked at 7.2% in 2019 and was at its lowest, 4.8%, in 2000.
That places Nicaragua 118th out of 191 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Wage bill as a percentage of GDP in Nicaragua, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.8% | — |
| 2001 | 5.0% | +4.2% |
| 2002 | 5.3% | +5.3% |
| 2003 | 5.5% | +4.8% |
| 2004 | 5.1% | -7.7% |
| 2005 | 5.2% | +1.1% |
| 2006 | 5.5% | +7.6% |
| 2007 | 5.7% | +2.3% |
| 2008 | 6.0% | +4.8% |
| 2009 | 6.6% | +10.4% |
| 2010 | 6.6% | +0.3% |
| 2011 | 6.6% | -0.4% |
| 2012 | 6.6% | +1.2% |
| 2013 | 6.8% | +1.9% |
| 2014 | 6.5% | -3.9% |
| 2015 | 6.5% | -0.2% |
| 2016 | 6.6% | +2.1% |
| 2017 | 6.8% | +2.8% |
| 2018 | 7.2% | +5.0% |
| 2019 | 7.2% | +1.1% |
| 2020 | 7.1% | -1.9% |
| 2021 | 6.4% | -9.0% |
| 2022 | 6.6% | +2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.5% | 4.8% | 6.6% | 10 |
| 2010s | 6.7% | 6.5% | 7.2% | 10 |
| 2020s | 6.7% | 6.4% | 7.1% | 3 |
Countries ranked near Nicaragua
- 115 Republic of Korea 6.9% compare
- 116 Paraguay 6.7% compare
- 117 Bulgaria 6.6% compare
- 119 Tajikistan 6.6% compare
- 120 Ethiopia 6.6% compare
- 121 Philippines 6.5% compare
More reference data data for Nicaragua
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4575 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.72 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.76 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0819 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.76 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.53 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.4557 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 9.61 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 14.12 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.4457 (2050)
Frequently asked questions
- What is wage bill as a percentage of gdp in Nicaragua?
- Wage bill as a percentage of gdp in Nicaragua was 6.6% in 2022, according to the World Bank.
- What is the highest wage bill as a percentage of gdp recorded in Nicaragua?
- The highest recorded value was 7.2% in 2019.
- What is the lowest wage bill as a percentage of gdp recorded in Nicaragua?
- The lowest recorded value was 4.8% in 2000.
- How does Nicaragua rank for wage bill as a percentage of gdp?
- Nicaragua ranks 118th out of 191 countries with data for 2022.
- Is wage bill as a percentage of gdp rising or falling in Nicaragua?
- Over the last ten years it is down 0.1%. The long-run trend across the full record is rising.
- Where does this Nicaragua data come from?
- The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).