Nicaragua: Industry, including construction, value added per worker (constant 2015 US$)

Key figures

What the numbers say

In 2025, Nicaragua's industry, including construction, value added per worker (constant 2015 US$) rose US$427.66 on 2024 (from US$8,170 to US$8,598).

Across the 30 yearly changes before that (1995 to 2024), the average change was +US$88.76 and a typical year strayed about US$321.77 from that (the standard deviation). This year's change was 1.1 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was US$1,127 in 2021 and the biggest yearly fall was US$515.01 in 2007. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about US$175.24 a year. A straight line explains 72% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Nicaragua had the 118th highest value of the 150 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Nicaragua in the 2025 ranking

• Uganda — 114th of 150: US$8,901
• Ethiopia — 115th of 150: US$8,832
• Bangladesh — 116th of 150: US$8,724
• Tanzania — 118th of 150: US$8,482
• Viet Nam — 119th of 150: US$8,201
• Honduras — 120th of 150: US$7,505

What this measures

Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. The core indicator has been divided by the number of workers in this sector to derive a measure of labor productivity. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Limitations: For comparability of individual sectors labor productivity is estimated according to national accounts conventions. However, there are still significant limitations on the availability of reliable data. Information on consistent series of output is not easily available, especially in low- and middle-income countries, because the definition, coverage, and methodology are not always consistent across countries. For more details, see Agriculture, forestry, and fishing, value added (constant 2015 US$) [NV.AGR.TOTL.KD], Industry (including construction), value added (constant 2015 US$) [NV.IND.TOTL.KD], and Services, value added (constant 2015 US$) [NV.SRV.TOTL.KD].

Regional and income-group figures are computed by the World Bank as a weighted average.

All 35 values

Industry, including construction, value added per worker (constant 2015 US$) in nearby economies

• Argentina — US$29,216 (2025)
• Bahamas, The — US$38,011 (2024)
• Barbados — US$33,304 (2024)
• Belize — US$15,129 (2025)
• Bolivia — US$6,564 (2024)
• Brazil — US$17,712 (2025)
• Chile — US$35,055 (2025)
• Colombia — US$16,170 (2025)

More economic policy & debt data for Nicaragua

• General government final consumption expenditure (current US$) — US$2.53 billion (2025)
• General government final consumption expenditure (current LCU) — 92.55 billion (2025)
• General government final consumption expenditure (constant 2015 US$) — US$2.07 billion (2025)
• General government final consumption expenditure (constant LCU) — 29.48 billion (2025)
• General government final consumption expenditure (% of GDP) — 11.36% (2025)
• Households and NPISHs final consumption expenditure (constant 2015 US$) — US$13.16 billion (2025)
• Households and NPISHs final consumption expenditure (constant LCU) — 195.05 billion (2025)
• Households and NPISHs final consumption expenditure per capita (constant 2015 US$)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Nicaragua's industry, including construction, value added per worker (constant 2015 US$)?

US$8,598 in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1991?

It is up 53.17% from US$5,613 in 1991 (1.26% a year on average, compounded). The highest value was US$8,598 in 2025 and the lowest US$5,307 in 2009.

How does Nicaragua rank?

118th highest of 150 economies with data for 2025.

Is the latest change in industry, including construction, value added per worker (constant 2015 US$) unusual for Nicaragua?

In 2025, Nicaragua's industry, including construction, value added per worker (constant 2015 US$) rose US$427.66 on 2024 (from US$8,170 to US$8,598). Across the 30 yearly changes before that (1995 to 2024), the average change was +US$88.76 and a typical year strayed about US$321.77 from that (the standard deviation). This year's change was 1.1 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator NV.IND.EMPL.KD, licensed CC BY 4.0. Original source: World Development Indicators database, World Bank (WB); ILOSTAT database, International Labour Organization (ILO) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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