Nicaragua
Compared with Belgium, using real observed prices.
Baseline: 
Belgium = 1×
Nicaragua
vs
Belgium
Overall verdict
Nicaragua is about 0.49× Belgium.
Average across 2 categories, 4 items with data
The shape of prices (vs Belgium = 1×)
How to read this
The centre line is Belgium. A bar running right means Nicaragua is pricier; running left means cheaper. The thin bar behind shows the range from the cheapest to the priciest item in that category.
← Cheaper than Belgium
Belgium = 1×
Nicaragua is pricier →
Belgium
Belgium = 1×
Nicaragua is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Nicaragua, Gasoline 1L costs 0.6× what it does in Belgium — but Electricity 1kWh (household) costs only 0.4×. What is expensive here is energy, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Gasoline 1L 1 L ×0.63Nicaragua
€1.17
USD 1.337Belgium
€1.87
USD 2.123
-
Diesel 1L 1 L ×0.50Nicaragua
€1.04
USD 1.179Belgium
€2.07
USD 2.36
-
Electricity 1kWh (household) 1 kWh ×0.43Nicaragua
€0.15
USD 0.176Belgium
€0.35
USD 0.406
See what really changed
Big Mac, 2021 → 2026At the timeUsing the exchange rate of each date
+36%
in NIO
128 → 174
128 → 174
vs
At today's rateUsing today's exchange rate
+33%
in EUR
It rose 36% in local currency, but 33% in yours. Most of what you feel is the exchange rate, not Nicaragua's inflation.
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