Australia vs Nicaragua: Value Added (Agriculture, Forestry and Fishing) — Value Standard
Value Added (Agriculture, Forestry and Fishing) — Value Standard over time
- Australia
- Nicaragua
How they compare
Nicaragua currently reports 71,165 million SLC against 58,874 million SLC in Australia, a difference of 12,291 million SLC.
That makes Nicaragua's figure about 1.2 times Australia's.
The two have swapped places 2 times across 54 shared years of data; in 1970 it was Nicaragua ahead.
Australia ranks 77th and Nicaragua ranks 74th of 191 countries.
Nicaragua has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Australia | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 17,452 million SLC | 32,284 million SLC | 14,832 million SLC | Nicaragua |
| 1980s | 20,251 million SLC | 27,367 million SLC | 7,116 million SLC | Nicaragua |
| 1990s | 26,538 million SLC | 28,794 million SLC | 2,256 million SLC | Nicaragua |
| 2000s | 35,651 million SLC | 44,642 million SLC | 8,991 million SLC | Nicaragua |
| 2010s | 40,934 million SLC | 58,911 million SLC | 17,978 million SLC | Nicaragua |
| 2020s | 49,217 million SLC | 70,712 million SLC | 21,495 million SLC | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher value added (agriculture, forestry and fishing) — value standard, Australia or Nicaragua?
- Nicaragua, at 71,165 million SLC against 58,874 million SLC in Australia as of 2023.
- What is the difference in value added (agriculture, forestry and fishing) — value standard between Australia and Nicaragua?
- 12,291 million SLC, with Nicaragua ahead.
- How many years of comparable data are there for Australia and Nicaragua?
- 54 years are reported by both, from 1970 to 2023.
- How do Australia and Nicaragua rank globally for value added (agriculture, forestry and fishing) — value standard?
- Australia ranks 77th and Nicaragua ranks 74th of 191 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Value Added (Agriculture, Forestry and Fishing) — Value Standard Local Currency, 2015 prices. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).