Net trade in goods and services in Nicaragua
Nicaragua: Net trade in goods and services was -3.30 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
-3.30 billion BoP, current US$
Change on year
down 45.4%
World rank
157th
of 199 countries
All-time high
159.70 million BoP, current US$
in 1979
All-time low
-3.30 billion BoP, current US$
in 2024
Years of data
48
1977–2024
Net trade in goods and services in Nicaragua, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net trade in goods and services in Nicaragua stood at -3.30 billion BoP, current US$. That is the lowest value across all 48 years on record.
The figure is down 45.4% on the previous year and down 68.9% over ten years.
Over the whole period, net trade in goods and services in Nicaragua peaked at 159.70 million BoP, current US$ in 1979 and was at its lowest, -3.30 billion BoP, current US$, in 2024.
That places Nicaragua 157th out of 199 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services in Nicaragua, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | -124.10 million BoP, current US$ | — |
| 1978 | 60.30 million BoP, current US$ | -148.6% |
| 1979 | 159.70 million BoP, current US$ | +164.8% |
| 1980 | -411.80 million BoP, current US$ | -357.9% |
| 1981 | -479.30 million BoP, current US$ | +16.4% |
| 1982 | -380.20 million BoP, current US$ | -20.7% |
| 1983 | -372.50 million BoP, current US$ | -2.0% |
| 1984 | -423.50 million BoP, current US$ | +13.7% |
| 1985 | -579.30 million BoP, current US$ | +36.8% |
| 1986 | -549.20 million BoP, current US$ | -5.2% |
| 1987 | -570.30 million BoP, current US$ | +3.8% |
| 1988 | -583.30 million BoP, current US$ | +2.3% |
| 1989 | -325.80 million BoP, current US$ | -44.1% |
| 1990 | -289.80 million BoP, current US$ | -11.0% |
| 1991 | -485.90 million BoP, current US$ | +67.7% |
| 1992 | -609.80 million BoP, current US$ | +25.5% |
| 1993 | -448.80 million BoP, current US$ | -26.4% |
| 1994 | -488.71 million BoP, current US$ | +8.9% |
| 1995 | -488.38 million BoP, current US$ | -0.1% |
| 1996 | -650.47 million BoP, current US$ | +33.2% |
| 1997 | -810.87 million BoP, current US$ | +24.7% |
| 1998 | -832.74 million BoP, current US$ | +2.7% |
| 1999 | -1.19 billion BoP, current US$ | +43.1% |
| 2000 | -1.05 billion BoP, current US$ | -11.9% |
| 2001 | -1.05 billion BoP, current US$ | +0.0% |
| 2002 | -1.07 billion BoP, current US$ | +1.7% |
| 2003 | -1.09 billion BoP, current US$ | +2.0% |
| 2004 | -1.21 billion BoP, current US$ | +11.1% |
| 2005 | -1.44 billion BoP, current US$ | +19.0% |
| 2006 | -1.67 billion BoP, current US$ | +16.0% |
| 2007 | -2.01 billion BoP, current US$ | +20.0% |
| 2008 | -2.37 billion BoP, current US$ | +18.0% |
| 2009 | -1.57 billion BoP, current US$ | -33.7% |
| 2010 | -1.69 billion BoP, current US$ | +7.9% |
| 2011 | -2.12 billion BoP, current US$ | +25.5% |
| 2012 | -2.13 billion BoP, current US$ | +0.2% |
| 2013 | -2.22 billion BoP, current US$ | +4.1% |
| 2014 | -1.96 billion BoP, current US$ | -11.7% |
| 2015 | -2.29 billion BoP, current US$ | +16.8% |
| 2016 | -2.10 billion BoP, current US$ | -7.9% |
| 2017 | -1.84 billion BoP, current US$ | -12.5% |
| 2018 | -1.19 billion BoP, current US$ | -35.2% |
| 2019 | -537.40 million BoP, current US$ | -55.0% |
| 2020 | -609.40 million BoP, current US$ | +13.4% |
| 2021 | -1.72 billion BoP, current US$ | +182.9% |
| 2022 | -2.34 billion BoP, current US$ | +35.9% |
| 2023 | -2.27 billion BoP, current US$ | -3.1% |
| 2024 | -3.30 billion BoP, current US$ | +45.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 31.97 million BoP, current US$ | -124.10 million BoP, current US$ | 159.70 million BoP, current US$ | 3 |
| 1980s | -467.52 million BoP, current US$ | -583.30 million BoP, current US$ | -325.80 million BoP, current US$ | 10 |
| 1990s | -629.71 million BoP, current US$ | -1.19 billion BoP, current US$ | -289.80 million BoP, current US$ | 10 |
| 2000s | -1.45 billion BoP, current US$ | -2.37 billion BoP, current US$ | -1.05 billion BoP, current US$ | 10 |
| 2010s | -1.81 billion BoP, current US$ | -2.29 billion BoP, current US$ | -537.40 million BoP, current US$ | 10 |
| 2020s | -2.05 billion BoP, current US$ | -3.30 billion BoP, current US$ | -609.40 million BoP, current US$ | 5 |
Countries ranked near Nicaragua
- 154 Sri Lanka -2.63 billion BoP, current US$ compare
- 155 North Macedonia -2.64 billion BoP, current US$ compare
- 156 Namibia -3.28 billion BoP, current US$ compare
- 158 Cambodia -3.44 billion BoP, current US$ compare
- 159 Kosovo -3.60 billion BoP, current US$ compare
- 160 Haiti -3.92 billion BoP, current US$ 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)
- GDP (constant 2015 US$), annual growth rate 4.92 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7474 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 2,372 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 4.92 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 9.97 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 31,631 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 86.27 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.125 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is net trade in goods and services in Nicaragua?
- Net trade in goods and services in Nicaragua was -3.30 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Nicaragua?
- The highest recorded value was 159.70 million BoP, current US$ in 1979.
- What is the lowest net trade in goods and services recorded in Nicaragua?
- The lowest recorded value was -3.30 billion BoP, current US$ in 2024.
- How does Nicaragua rank for net trade in goods and services?
- Nicaragua ranks 157th out of 199 countries with data for 2024.
- Is net trade in goods and services rising or falling in Nicaragua?
- Over the last ten years it is down 68.9%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.