Service exports (BoP, current US$), annual growth rate in Nicaragua
Nicaragua: Service exports (BoP, current US$), annual growth rate was -16.74 % change on previous year in 2024. ◆ Volatile
Service exports (BoP, current US$), annual growth rate in Nicaragua, 1978–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for service exports (bop, current us$), annual growth rate in Nicaragua is -16.74 % change on previous year, measured in 2024.
Compared with earlier readings it is down 43,430.1% on the previous year and down 327.1% over ten years.
Over the whole period, service exports (bop, current us$), annual growth rate in Nicaragua peaked at 171.82 % change on previous year in 1990 and was at its lowest, -41.18 % change on previous year, in 1989.
That places Nicaragua 191st out of 199 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$), annual growth rate in Nicaragua, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | -10.71 % change on previous year | — |
| 1979 | -24.12 % change on previous year | +125.2% |
| 1980 | -21.14 % change on previous year | -12.4% |
| 1981 | 1.58 % change on previous year | -107.5% |
| 1982 | -9.53 % change on previous year | -704.8% |
| 1983 | 12.99 % change on previous year | -236.2% |
| 1984 | 4.99 % change on previous year | -61.6% |
| 1985 | -18.8 % change on previous year | -476.9% |
| 1986 | -24.94 % change on previous year | +32.6% |
| 1987 | 0 % change on previous year | -100.0% |
| 1988 | 26.78 % change on previous year | — |
| 1989 | -41.18 % change on previous year | -253.8% |
| 1990 | 171.82 % change on previous year | -517.3% |
| 1991 | 17.39 % change on previous year | -89.9% |
| 1992 | 22.79 % change on previous year | +31.1% |
| 1993 | 16.24 % change on previous year | -28.7% |
| 1994 | 25.84 % change on previous year | +59.1% |
| 1995 | 13.98 % change on previous year | -45.9% |
| 1996 | 21.64 % change on previous year | +54.8% |
| 1997 | 24.37 % change on previous year | +12.6% |
| 1998 | 16.2 % change on previous year | -33.5% |
| 1999 | 14.31 % change on previous year | -11.7% |
| 2000 | 5.15 % change on previous year | -64.0% |
| 2001 | 9.19 % change on previous year | +78.3% |
| 2002 | 1.63 % change on previous year | -82.3% |
| 2003 | 15.85 % change on previous year | +873.0% |
| 2004 | 15.98 % change on previous year | +0.9% |
| 2005 | 17.2 % change on previous year | +7.6% |
| 2006 | -11.68 % change on previous year | -167.9% |
| 2007 | 12.31 % change on previous year | -205.4% |
| 2008 | 47.95 % change on previous year | +289.5% |
| 2009 | -5.53 % change on previous year | -111.5% |
| 2010 | 11.31 % change on previous year | -304.3% |
| 2011 | 20.47 % change on previous year | +81.0% |
| 2012 | 9.52 % change on previous year | -53.5% |
| 2013 | 2.92 % change on previous year | -69.4% |
| 2014 | 7.37 % change on previous year | +152.9% |
| 2015 | 4.98 % change on previous year | -32.4% |
| 2016 | 11.23 % change on previous year | +125.2% |
| 2017 | 11.73 % change on previous year | +4.5% |
| 2018 | -12.46 % change on previous year | -206.2% |
| 2019 | 0.6967 % change on previous year | -105.6% |
| 2020 | -31.08 % change on previous year | -4561.6% |
| 2021 | 10.28 % change on previous year | -133.1% |
| 2022 | 49.46 % change on previous year | +380.9% |
| 2023 | -0.0385 % change on previous year | -100.1% |
| 2024 | -16.74 % change on previous year | +43430.1% |
Nicaragua compared with similar countries
- Nicaragua's -16.74 % change on previous year is below the median for lower middle income countries, which is 9.97 % change on previous year. (47 countries reporting)
- Nicaragua's -16.74 % change on previous year is below the median for Latin America & Caribbean, which is 4.73 % change on previous year. (36 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$), annual growth rate in Nicaragua changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2024 | -43430.1% | -0.0385 % change on previous year | -16.74 % change on previous year |
| 2020 | -4561.6% | 0.6967 % change on previous year | -31.08 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -17.42 % change on previous year | -24.12 % change on previous year | -10.71 % change on previous year | 2 |
| 1980s | -6.93 % change on previous year | -41.18 % change on previous year | 26.78 % change on previous year | 10 |
| 1990s | 34.46 % change on previous year | 13.98 % change on previous year | 171.82 % change on previous year | 10 |
| 2000s | 10.8 % change on previous year | -11.68 % change on previous year | 47.95 % change on previous year | 10 |
| 2010s | 6.78 % change on previous year | -12.46 % change on previous year | 20.47 % change on previous year | 10 |
| 2020s | 2.38 % change on previous year | -31.08 % change on previous year | 49.46 % change on previous year | 5 |
Countries ranked near Nicaragua
- 188 Tajikistan -13.59 % change on previous year compare
- 189 Togo -15.72 % change on previous year compare
- 190 Benin -16.49 % change on previous year compare
- 192 Qatar -19.29 % change on previous year compare
- 193 Venezuela -21.41 % change on previous year compare
- 194 Mauritania -22.31 % change on previous year compare
More economy & growth data for Nicaragua
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.29 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 36.36 % change on previous year (2025)
Frequently asked questions
- What is service exports (bop, current us$), annual growth rate in Nicaragua?
- Service exports (bop, current us$), annual growth rate in Nicaragua was -16.74 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), annual growth rate recorded in Nicaragua?
- The highest recorded value was 171.82 % change on previous year in 1990.
- What is the lowest service exports (bop, current us$), annual growth rate recorded in Nicaragua?
- The lowest recorded value was -41.18 % change on previous year in 1989.
- How does Nicaragua rank for service exports (bop, current us$), annual growth rate?
- Nicaragua ranks 191st out of 199 countries with data for 2024.
- Is service exports (bop, current us$), annual growth rate rising or falling in Nicaragua?
- Over the last ten years it is down 327.1%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.