Oilcrops, Oil Equivalent — Production, annual growth rate in Nicaragua

Nicaragua: Oilcrops, Oil Equivalent — Production, annual growth rate was -9.99 % change on previous year in 2023. ◆ Volatile

Latest (2023)
-9.99 % change on previous year
Change on year
down 278.7%
World rank
175th
of 204 countries
All-time high
81.35 % change on previous year
in 1981
All-time low
-56.91 % change on previous year
in 1980
Years of data
62
1962–2023

Oilcrops, Oil Equivalent — Production, annual growth rate in Nicaragua, 1962–2023

-50050100196219922023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2023, oilcrops, oil equivalent — production, annual growth rate in Nicaragua stood at -9.99 % change on previous year.

The figure is down 278.7% on the previous year and down 129.1% over ten years.

Over the whole period, oilcrops, oil equivalent — production, annual growth rate in Nicaragua peaked at 81.35 % change on previous year in 1981 and was at its lowest, -56.91 % change on previous year, in 1980.

Nicaragua ranks 175th of 204 countries on this measure, in the bottom quarter.

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

Oilcrops, Oil Equivalent — Production, annual growth rate in Nicaragua, year by year

Annual values for Oilcrops, Oil Equivalent — Production, annual growth rate in Nicaragua, 1962 to 2023.
Year % change on previous year Change
1962 49.74 % change on previous year
1963 23.07 % change on previous year -53.6%
1964 27.13 % change on previous year +17.6%
1965 29.01 % change on previous year +6.9%
1966 -10.07 % change on previous year -134.7%
1967 4.93 % change on previous year -149.0%
1968 -4.63 % change on previous year -194.0%
1969 -7.44 % change on previous year +60.6%
1970 -22.78 % change on previous year +206.1%
1971 12.43 % change on previous year -154.6%
1972 20.41 % change on previous year +64.2%
1973 9.36 % change on previous year -54.1%
1974 34.07 % change on previous year +263.8%
1975 -12.58 % change on previous year -136.9%
1976 -5.72 % change on previous year -54.6%
1977 9.67 % change on previous year -269.2%
1978 14.9 % change on previous year +54.0%
1979 -6.7 % change on previous year -145.0%
1980 -56.91 % change on previous year +749.1%
1981 81.35 % change on previous year -242.9%
1982 -22.05 % change on previous year -127.1%
1983 21.17 % change on previous year -196.0%
1984 0.0239 % change on previous year -99.9%
1985 -18.17 % change on previous year -76109.7%
1986 -17.53 % change on previous year -3.5%
1987 -0.2491 % change on previous year -98.6%
1988 -17.86 % change on previous year +7069.6%
1989 -10.88 % change on previous year -39.1%
1990 25.05 % change on previous year -330.2%
1991 9.67 % change on previous year -61.4%
1992 -14.42 % change on previous year -249.2%
1993 6.2 % change on previous year -143.0%
1994 67.66 % change on previous year +991.9%
1995 -18.77 % change on previous year -127.7%
1996 14.06 % change on previous year -174.9%
1997 -2.89 % change on previous year -120.5%
1998 1.18 % change on previous year -140.9%
1999 38.18 % change on previous year +3133.6%
2000 -4.45 % change on previous year -111.7%
2001 1.57 % change on previous year -135.2%
2002 -12.34 % change on previous year -887.0%
2003 42.54 % change on previous year -444.6%
2004 11.98 % change on previous year -71.8%
2005 9.3 % change on previous year -22.4%
2006 -12.07 % change on previous year -229.9%
2007 4.67 % change on previous year -138.7%
2008 21.57 % change on previous year +362.1%
2009 -9.85 % change on previous year -145.7%
2010 9.4 % change on previous year -195.4%
2011 2.48 % change on previous year -73.6%
2012 4.76 % change on previous year +91.5%
2013 34.34 % change on previous year +621.8%
2014 -0.984 % change on previous year -102.9%
2015 8.26 % change on previous year -939.1%
2016 2.73 % change on previous year -66.9%
2017 12.94 % change on previous year +373.8%
2018 0.1395 % change on previous year -98.9%
2019 3.78 % change on previous year +2608.8%
2020 15.77 % change on previous year +317.3%
2021 6.42 % change on previous year -59.3%
2022 5.59 % change on previous year -12.9%
2023 -9.99 % change on previous year -278.7%

Averages by decade

DecadeAverage LowestHighest Years
1960s 13.97 % change on previous year -10.07 % change on previous year 49.74 % change on previous year 8
1970s 5.31 % change on previous year -22.78 % change on previous year 34.07 % change on previous year 10
1980s -4.11 % change on previous year -56.91 % change on previous year 81.35 % change on previous year 10
1990s 12.59 % change on previous year -18.77 % change on previous year 67.66 % change on previous year 10
2000s 5.29 % change on previous year -12.34 % change on previous year 42.54 % change on previous year 10
2010s 7.78 % change on previous year -0.984 % change on previous year 34.34 % change on previous year 10
2020s 4.45 % change on previous year -9.99 % change on previous year 15.77 % change on previous year 4

Countries ranked near Nicaragua

  1. 172 Switzerland -9.3 % change on previous year compare
  2. 173 Malawi -9.57 % change on previous year compare
  3. 174 Libya -9.67 % change on previous year compare
  4. 176 Czechoslovakia -10.18 % change on previous year compare
  5. 177 Serbia and Montenegro -11.33 % change on previous year compare
  6. 178 Sri Lanka -11.55 % change on previous year compare

See the full ranking of 235 places →

More agriculture & rural data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is oilcrops, oil equivalent — production, annual growth rate in Nicaragua?
Oilcrops, oil equivalent — production, annual growth rate in Nicaragua was -9.99 % change on previous year in 2023, according to Statizoid (derived).
What is the highest oilcrops, oil equivalent — production, annual growth rate recorded in Nicaragua?
The highest recorded value was 81.35 % change on previous year in 1981.
What is the lowest oilcrops, oil equivalent — production, annual growth rate recorded in Nicaragua?
The lowest recorded value was -56.91 % change on previous year in 1980.
How does Nicaragua rank for oilcrops, oil equivalent — production, annual growth rate?
Nicaragua ranks 175th out of 204 countries with data for 2023.
Is oilcrops, oil equivalent — production, annual growth rate rising or falling in Nicaragua?
Over the last ten years it is down 129.1%. The long-run trend across the full record is volatile.
Where does this Nicaragua data come from?
The figures come from Statizoid (derived), published as part of Oilcrops, Oil Equivalent — Production, annual growth rate. Statizoid updates them automatically from the source API.

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Oilcrops, Oil Equivalent — Production, annual growth rate in Nicaragua. Statizoid, drawing on Statizoid (derived). Retrieved 07 September 2026, from https://agriculture.statizoid.com/stat/oilcrops-oil-equivalent-production-annual-growth-rate/nicaragua/

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How this figure is calculated

The year-on-year percentage change in Oilcrops, Oil Equivalent — Production. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Oilcrops, Oil Equivalent — Production, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
235 places, 12,963 data points, 1962–2024
Last refreshed

The year-on-year percentage change in Oilcrops, Oil Equivalent — Production. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.