Debt service as a share of exports of good and services in Nicaragua
Nicaragua: Debt service as a share of exports of good and services was 7.1% in 2023. ◆ Volatile
Latest (2023)
7.1%
Change on year
up 30.0%
World rank
63rd
of 116 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 share of exports of good and services in Nicaragua, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Nicaragua recorded 7.1% for debt service as a share of exports of good and services in 2023.
That represents a change of up 30.0% on the previous year and up 211.4% over ten years.
Over the whole period, debt service as a share of exports of good and services in Nicaragua peaked at 15.9% in 2000 and was at its lowest, 2.1%, in 2012.
That places Nicaragua 63rd out of 116 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 share of exports of good and services in Nicaragua, year by year
| Year | % | 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% | +32.0% |
| 2006 | 4.6% | -43.9% |
| 2007 | 9.8% | +113.0% |
| 2008 | 3.1% | -68.4% |
| 2009 | 3.5% | +13.9% |
| 2010 | 2.5% | -28.6% |
| 2011 | 2.4% | -5.6% |
| 2012 | 2.1% | -12.6% |
| 2013 | 2.3% | +9.6% |
| 2014 | 2.6% | +14.5% |
| 2015 | 3.1% | +18.8% |
| 2016 | 3.7% | +18.7% |
| 2017 | 3.9% | +6.5% |
| 2018 | 4.4% | +11.7% |
| 2019 | 5.3% | +21.9% |
| 2020 | 6.6% | +23.2% |
| 2021 | 5.6% | -14.6% |
| 2022 | 5.5% | -2.8% |
| 2023 | 7.1% | +30.0% |
Nicaragua compared with similar countries
- Nicaragua's 7.1% is above the median for lower middle income countries, which is 7.1%, 1.0× the median. (43 countries reporting)
- Nicaragua's 7.1% is below the median for Latin America & Caribbean, which is 7.7%, 93% of the median. (23 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
- 60 Bosnia and Herzegovina 7.6% compare
- 61 Nigeria 7.6% compare
- 62 Gambia 7.5% compare
- 64 Uzbekistan 7.0% compare
- 65 Belize 7.0% compare
- 66 Lao People's Democratic Republic 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 share of exports of good and services in Nicaragua?
- Debt service as a share of exports of good and services in Nicaragua was 7.1% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest debt service as a share of exports of good and services recorded in Nicaragua?
- The highest recorded value was 15.9% in 2000.
- What is the lowest debt service as a share of exports of good and services recorded in Nicaragua?
- The lowest recorded value was 2.1% in 2012.
- How does Nicaragua rank for debt service as a share of exports of good and services?
- Nicaragua ranks 63rd out of 116 countries with data for 2023.
- Is debt service as a share of exports of good and services 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 World Bank – processed by Our World in Data, published as part of Debt service as a share of exports of good and services. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Debt service as a proportion of exports of goods, services and primary income (%).