Net trade in goods in Nicaragua
Nicaragua: Net trade in goods was -3.29 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods in Nicaragua, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net trade in goods in Nicaragua stood at -3.29 billion BoP, current US$. That is the lowest value across all 48 years on record.
That represents a change of down 22.4% on the previous year and down 53.7% over ten years.
Over the whole period, net trade in goods in Nicaragua peaked at 227.00 million BoP, current US$ in 1979 and was at its lowest, -3.29 billion BoP, current US$, in 2024.
That places Nicaragua 137th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 83.90 million BoP, current US$ | -68.00 million BoP, current US$ | 227.00 million BoP, current US$ | 3 |
| 1980s | -375.66 million BoP, current US$ | -489.00 million BoP, current US$ | -228.60 million BoP, current US$ | 10 |
| 1990s | -577.56 million BoP, current US$ | -1.15 billion BoP, current US$ | -237.30 million BoP, current US$ | 10 |
| 2000s | -1.43 billion BoP, current US$ | -2.37 billion BoP, current US$ | -1.00 billion BoP, current US$ | 10 |
| 2010s | -2.07 billion BoP, current US$ | -2.51 billion BoP, current US$ | -1.06 billion BoP, current US$ | 10 |
| 2020s | -2.32 billion BoP, current US$ | -3.29 billion BoP, current US$ | -942.70 million BoP, current US$ | 5 |
Countries ranked near Nicaragua
- 134 Armenia -3.06 billion BoP, current US$ compare
- 135 Maldives -3.08 billion BoP, current US$ compare
- 136 Estonia -3.13 billion BoP, current US$ compare
- 138 Haiti -3.50 billion BoP, current US$ compare
- 139 Syrian Arab Republic -3.60 billion BoP, current US$ compare
- 140 Bahamas -3.72 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)
- Taxes less subsidies on products (current US$), annual growth rate 11.52 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1107 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 351.14 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 11.52 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 4.05 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 12,860 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0199 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 50.16 (2025)
Frequently asked questions
- What is net trade in goods in Nicaragua?
- Net trade in goods in Nicaragua was -3.29 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 recorded in Nicaragua?
- The highest recorded value was 227.00 million BoP, current US$ in 1979.
- What is the lowest net trade in goods recorded in Nicaragua?
- The lowest recorded value was -3.29 billion BoP, current US$ in 2024.
- How does Nicaragua rank for net trade in goods?
- Nicaragua ranks 137th out of 199 countries with data for 2024.
- Is net trade in goods rising or falling in Nicaragua?
- Over the last ten years it is down 53.7%. 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 (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 is the difference between the exports and imports of goods. 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.