Annual growth of exports of goods and services in Nicaragua
Nicaragua: Annual growth of exports of goods and services was -4.9% in 2024. ◆ Volatile
Annual growth of exports of goods and services in Nicaragua, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual growth of exports of goods and services in Nicaragua is -4.9%, measured in 2024.
The figure is down 472.0% on the previous year and down 176.1% over ten years.
Over the whole period, annual growth of exports of goods and services in Nicaragua peaked at 18.1% in 2021 and was at its lowest, -8.8%, in 2020.
Nicaragua ranks 155th of 176 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services in Nicaragua, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 12.5% | — |
| 2001 | 7.3% | -41.2% |
| 2002 | -3.5% | -147.8% |
| 2003 | 9.2% | -361.5% |
| 2004 | 17.1% | +86.4% |
| 2005 | 7.7% | -55.2% |
| 2006 | 12.5% | +62.8% |
| 2007 | 9.6% | -23.0% |
| 2008 | 8.1% | -15.6% |
| 2009 | 0.0% | -99.5% |
| 2010 | 16.3% | +40700.0% |
| 2011 | 8.3% | -49.4% |
| 2012 | 12.4% | +50.1% |
| 2013 | 3.8% | -69.2% |
| 2014 | 6.5% | +68.8% |
| 2015 | -1.0% | -115.2% |
| 2016 | 4.6% | -569.4% |
| 2017 | 10.1% | +120.2% |
| 2018 | -1.6% | -116.0% |
| 2019 | 6.1% | -479.0% |
| 2020 | -8.8% | -242.5% |
| 2021 | 18.1% | -306.9% |
| 2022 | 8.6% | -52.6% |
| 2023 | 1.3% | -84.6% |
| 2024 | -4.9% | -472.0% |
Nicaragua compared with similar countries
- Nicaragua's -4.9% is below the median for lower middle income countries, which is 2.7%. (44 countries reporting)
- Nicaragua's -4.9% is below the median for Latin America & Caribbean, which is 3.0%. (24 countries reporting)
Biggest year-on-year movements
Years where Annual growth of exports of goods and services in Nicaragua changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +40700.0% | 0.0% | 16.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.1% | -3.5% | 17.1% | 10 |
| 2010s | 6.6% | -1.6% | 16.3% | 10 |
| 2020s | 2.9% | -8.8% | 18.1% | 5 |
Countries ranked near Nicaragua
- 152 Burkina Faso -4.2% compare
- 153 Honduras -4.8% compare
- 154 Israel -4.9% compare
- 156 Republic of Moldova -5.0% compare
- 157 Cameroon -5.0% compare
- 158 San Marino -5.4% compare
More economy & growth data for Nicaragua
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.29 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 73.80 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0037 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 10.67 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.35 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 21.4 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0687 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 195.53 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 36.36 % change on previous year (2025)
Frequently asked questions
- What is annual growth of exports of goods and services in Nicaragua?
- Annual growth of exports of goods and services in Nicaragua was -4.9% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of exports of goods and services recorded in Nicaragua?
- The highest recorded value was 18.1% in 2021.
- What is the lowest annual growth of exports of goods and services recorded in Nicaragua?
- The lowest recorded value was -8.8% in 2020.
- How does Nicaragua rank for annual growth of exports of goods and services?
- Nicaragua ranks 155th out of 176 countries with data for 2024.
- Is annual growth of exports of goods and services rising or falling in Nicaragua?
- Over the last ten years it is down 176.1%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of exports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of exports of goods and services (%).