Least developed countries vs Nicaragua: Personal remittances, received

Least developed countries
5.2%
in 2024
Nicaragua
26.6%
in 2024
Least developed countries rank
9th
Nicaragua rank
6th

Personal remittances, received over time

  • Least developed countries
  • Nicaragua
0102030197720002024

How they compare

Nicaragua currently reports 26.6% against 5.2% in Least developed countries, a difference of 21.4%.

That makes Nicaragua's figure about 5.2 times Least developed countries's.

The two have swapped places 1 time across 33 shared years of data; in 1992 it was Least developed countries ahead.

Least developed countries ranks 9th and Nicaragua ranks 6th of 47 groups.

Across the 4 decades both report, Least developed countries averaged higher in 1 and Nicaragua in 3.

Head to head by decade

Decade Least developed countries Nicaragua Difference Ahead
1990s 3.3% 2.7% 0.6% Least developed countries
2000s 4.1% 8.6% 4.5% Nicaragua
2010s 4.2% 10.2% 6.0% Nicaragua
2020s 4.6% 20.6% 16.0% Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher personal remittances, received, Least developed countries or Nicaragua?
Nicaragua, at 26.6% against 5.2% in Least developed countries as of 2024.
What is the difference in personal remittances, received between Least developed countries and Nicaragua?
21.4%, with Nicaragua ahead.
How many years of comparable data are there for Least developed countries and Nicaragua?
33 years are reported by both, from 1992 to 2024.
How do Least developed countries and Nicaragua rank globally for personal remittances, received?
Least developed countries ranks 9th and Nicaragua ranks 6th of 47 groups.
Where does this data come from?
Staff estimates, World Bank (WB), published as Personal remittances, received (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Least developed countries vs Nicaragua: Personal remittances, received. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 11 September 2026, from https://economy.statizoid.com/compare/personal-remittances-received-percent-of-gdp/least-developed-countries-un-classification/nicaragua/

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About this data

Indicator
Personal remittances, received (% of GDP)
Unit
% of GDP
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
243 places, 9,154 data points, 1970–2025
Last refreshed

Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.