Roughly 6,744,647 iPhones could be bought for that amount.
DebtClock.ioToggle between local currency (NIO) and USD using latest snapshot FX.
The economy of Nicaragua shows steady performance, with a nominal GDP of 721.3 billion C$ and average income of about 108,880 C$ per person. Moderate inflation at 4.62%, while the economy posted solid growth of 3.59%. Low unemployment around 4.57%, and the government runs a 2.66% fiscal surplus. The current exchange rate is 0.03 USD/NIO.
| GDP (nominal) | 721,278,340,400 C$ |
|---|---|
| GDP per capita | 108,880 C$ |
| Inflation | 4.62% |
| GDP growth | 3.59% |
| Unemployment | 4.57% |
| Budget balance | 2.66% |
| FX (USD/NIO) | 0.03 |
Roughly 6,744,647 iPhones could be bought for that amount.
Equivalent to 1,347,580,478 Big Macs to feed the planet several times over.
Equal to 3.5 million ounces of gold at ~$1,900 per ounce.