Debt service as a proportion of exports of goods, services and in Nicaragua
Nicaragua: Debt service as a proportion of exports of goods, services and was 7.1% in 2023. ◆ Volatile
Latest (2023)
7.1%
Change on year
up 29.9%
World rank
66th
of 125 countries
All-time high
15.9%
in 2000
All-time low
2.1%
in 2012
Years of data
24
2000–2023
Debt service as a proportion of exports of goods, services and in Nicaragua, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2023, debt service as a proportion of exports of goods, services and in Nicaragua stood at 7.1%.
That represents a change of up 29.9% on the previous year and up 211.4% over ten years.
Over the whole period, debt service as a proportion of exports of goods, services and in Nicaragua peaked at 15.9% in 2000 and was at its lowest, 2.1%, in 2012.
That places Nicaragua 66th out of 125 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service as a proportion of exports of goods, services and in Nicaragua, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 15.9% | — |
| 2001 | 13.9% | -12.5% |
| 2002 | 11.9% | -14.5% |
| 2003 | 12.8% | +7.1% |
| 2004 | 6.2% | -51.4% |
| 2005 | 8.2% | +32.1% |
| 2006 | 4.6% | -43.9% |
| 2007 | 9.8% | +112.7% |
| 2008 | 3.1% | -68.4% |
| 2009 | 3.5% | +14.0% |
| 2010 | 2.5% | -28.5% |
| 2011 | 2.4% | -5.9% |
| 2012 | 2.1% | -12.3% |
| 2013 | 2.3% | +9.4% |
| 2014 | 2.6% | +14.6% |
| 2015 | 3.1% | +18.6% |
| 2016 | 3.7% | +18.8% |
| 2017 | 3.9% | +6.4% |
| 2018 | 4.4% | +11.8% |
| 2019 | 5.3% | +21.9% |
| 2020 | 6.6% | +23.2% |
| 2021 | 5.6% | -14.7% |
| 2022 | 5.5% | -2.8% |
| 2023 | 7.1% | +29.9% |
Nicaragua compared with similar countries
- Nicaragua's 7.1% is above the median for lower middle income countries, which is 7.0%, 1.0× the median. (41 countries reporting)
- Nicaragua's 7.1% is below the median for Latin America & Caribbean, which is 7.4%, 96% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.0% | 3.1% | 15.9% | 10 |
| 2010s | 3.2% | 2.1% | 5.3% | 10 |
| 2020s | 6.2% | 5.5% | 7.1% | 4 |
Countries ranked near Nicaragua
- 63 Bosnia and Herzegovina 7.6% compare
- 64 Nigeria 7.6% compare
- 65 Gambia 7.5% compare
- 67 Uzbekistan 7.0% compare
- 68 Belize 7.0% compare
- 69 Lao People's Democratic Republic 6.8% compare
- 69 Laos 6.8% 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 debt service as a proportion of exports of goods, services and in Nicaragua?
- Debt service as a proportion of exports of goods, services and in Nicaragua was 7.1% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest debt service as a proportion of exports of goods, services and recorded in Nicaragua?
- The highest recorded value was 15.9% in 2000.
- What is the lowest debt service as a proportion of exports of goods, services and recorded in Nicaragua?
- The lowest recorded value was 2.1% in 2012.
- How does Nicaragua rank for debt service as a proportion of exports of goods, services and?
- Nicaragua ranks 66th out of 125 countries with data for 2023.
- Is debt service as a proportion of exports of goods, services and rising or falling in Nicaragua?
- Over the last ten years it is up 211.4%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Debt service as a proportion of exports of goods, services and primary income (%). Statizoid updates them automatically from the source API.
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