Compensation of employees in Nicaragua

Nicaragua: Compensation of employees was 34.98 billion current LCU in 2024. ◆ Volatile

Latest (2024)
34.98 billion current LCU
Change on year
up 3.6%
World rank
89th
of 156 countries
All-time high
34.98 billion current LCU
in 2024
All-time low
22.45 million current LCU
in 1990
Years of data
35
1990–2024

Compensation of employees in Nicaragua, 1990–2024

010.0B20.0B30.0B1990200720241990: 22.4M current LCU1991: 825.9M current LCU1992: 796.0M current LCU1993: 815.2M current LCU1994: 831.7M current LCU1995: 863.7M current LCU1996: 844.6M current LCU1997: 996.2M current LCU1998: 1.3B current LCU1999: 1.7B current LCU2000: 1.9B current LCU2001: 2.3B current LCU2002: 3.4B current LCU2003: 3.8B current LCU2004: 4.2B current LCU2005: 5.0B current LCU2006: 6.1B current LCU2007: 7.2B current LCU2008: 9.1B current LCU2009: 10.2B current LCU2010: 10.7B current LCU2011: 12.0B current LCU2012: 13.6B current LCU2013: 15.2B current LCU2014: 18.3B current LCU2015: 20.5B current LCU2016: 22.7B current LCU2017: 25.6B current LCU2018: 26.8B current LCU2019: 27.6B current LCU2020: 28.0B current LCU2021: 29.4B current LCU2022: 31.4B current LCU2023: 33.8B current LCU2024: 35.0B current LCU

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.

Analysis

In 2024, compensation of employees in Nicaragua stood at 34.98 billion current LCU. That is the highest value across all 35 years on record.

Compared with earlier readings it is up 3.6% on the previous year and up 91.1% over ten years.

Over the whole period, compensation of employees in Nicaragua peaked at 34.98 billion current LCU in 2024 and was at its lowest, 22.45 million current LCU, in 1990.

Nicaragua ranks 89th of 156 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 902.48 million current LCU 22.45 million current LCU 1.68 billion current LCU 10
2000s 5.32 billion current LCU 1.89 billion current LCU 10.18 billion current LCU 10
2010s 19.31 billion current LCU 10.66 billion current LCU 27.61 billion current LCU 10
2020s 31.52 billion current LCU 28.04 billion current LCU 34.98 billion current LCU 5

Countries ranked near Nicaragua

  1. 86 Netherlands 37.39 billion current LCU compare
  2. 87 New Zealand 35.91 billion current LCU compare
  3. 88 Namibia 35.48 billion current LCU compare
  4. 90 Botswana 34.03 billion current LCU compare
  5. 91 Spain 31.60 billion current LCU compare
  6. 92 Ireland 31.40 billion current LCU compare

See the full ranking of 156 places →

More public sector data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is compensation of employees in Nicaragua?
Compensation of employees in Nicaragua was 34.98 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest compensation of employees recorded in Nicaragua?
The highest recorded value was 34.98 billion current LCU in 2024.
What is the lowest compensation of employees recorded in Nicaragua?
The lowest recorded value was 22.45 million current LCU in 1990.
How does Nicaragua rank for compensation of employees?
Nicaragua ranks 89th out of 156 countries with data for 2024.
Is compensation of employees rising or falling in Nicaragua?
Over the last ten years it is up 91.1%. The long-run trend across the full record is volatile.
Where does this Nicaragua data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Compensation of employees (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
156 places, 4,496 data points, 1972–2024
Last refreshed

Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.