Nicaragua vs Paraguay: Trade in services

Nicaragua
13.2%
in 2024
Paraguay
13.1%
in 2025
Nicaragua rank
142nd
Paraguay rank
144th

Trade in services over time

  • Nicaragua
  • Paraguay
5101520197520002025

How they compare

Nicaragua currently reports 13.2% against 13.1% in Paraguay, a difference of 0.1%.

The two have swapped places 6 times across 48 shared years of data; in 1977 it was Nicaragua ahead.

Nicaragua ranks 142nd and Paraguay ranks 144th of 200 countries.

Across the 6 decades both report, Nicaragua averaged higher in 5 and Paraguay in 1.

Head to head by decade

Decade Nicaragua Paraguay Difference Ahead
1970s 10.0% 7.2% 2.8% Nicaragua
1980s 7.0% 9.6% 2.6% Paraguay
1990s 12.0% 11.3% 0.7% Nicaragua
2000s 15.1% 6.5% 8.6% Nicaragua
2010s 18.4% 9.0% 9.5% Nicaragua
2020s 14.2% 10.1% 4.1% Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher trade in services, Nicaragua or Paraguay?
Nicaragua, at 13.2% against 13.1% in Paraguay as of 2024.
What is the difference in trade in services between Nicaragua and Paraguay?
0.1%, with Nicaragua ahead.
How many years of comparable data are there for Nicaragua and Paraguay?
48 years are reported by both, from 1977 to 2024.
How do Nicaragua and Paraguay rank globally for trade in services?
Nicaragua ranks 142nd and Paraguay ranks 144th of 200 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Trade in services (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Nicaragua vs Paraguay: Trade in services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 16 September 2026, from https://economy.statizoid.com/compare/trade-in-services-percent-of-gdp/nicaragua/paraguay/

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About this data

Indicator
Trade in services (% of GDP)
Unit
% of GDP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
247 places, 9,893 data points, 1960–2025
Last refreshed

Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.