Service exports (BoP, current US$), per unit of GDP in Nicaragua
Nicaragua: Service exports (BoP, current US$), per unit of GDP was 0.0659 BoP, current US$ per US$ of GDP in 2024. ◆ Volatile
Service exports (BoP, current US$), per unit of GDP in Nicaragua, 1977–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2024, service exports (bop, current us$), per unit of gdp in Nicaragua stood at 0.0659 BoP, current US$ per US$ of GDP.
That represents a change of down 24.7% on the previous year and down 34.4% over ten years.
Over the whole period, service exports (bop, current us$), per unit of gdp in Nicaragua peaked at 0.113 BoP, current US$ per US$ of GDP in 2017 and was at its lowest, 0.0077 BoP, current US$ per US$ of GDP, in 1987.
That places Nicaragua 127th 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.
Service exports (BoP, current US$), per unit of GDP in Nicaragua, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1977 | 0.0373 BoP, current US$ per US$ of GDP | — |
| 1978 | 0.0349 BoP, current US$ per US$ of GDP | -6.5% |
| 1979 | 0.0359 BoP, current US$ per US$ of GDP | +3.0% |
| 1980 | 0.0207 BoP, current US$ per US$ of GDP | -42.3% |
| 1981 | 0.0182 BoP, current US$ per US$ of GDP | -12.0% |
| 1982 | 0.0166 BoP, current US$ per US$ of GDP | -8.8% |
| 1983 | 0.0167 BoP, current US$ per US$ of GDP | +0.7% |
| 1984 | 0.0155 BoP, current US$ per US$ of GDP | -7.3% |
| 1985 | 0.0146 BoP, current US$ per US$ of GDP | -5.7% |
| 1986 | 0.0102 BoP, current US$ per US$ of GDP | -30.2% |
| 1987 | 0.0077 BoP, current US$ per US$ of GDP | -25.1% |
| 1988 | 0.0142 BoP, current US$ per US$ of GDP | +85.6% |
| 1989 | 0.0217 BoP, current US$ per US$ of GDP | +52.7% |
| 1990 | 0.0592 BoP, current US$ per US$ of GDP | +172.8% |
| 1991 | 0.0472 BoP, current US$ per US$ of GDP | -20.4% |
| 1992 | 0.0481 BoP, current US$ per US$ of GDP | +2.0% |
| 1993 | 0.057 BoP, current US$ per US$ of GDP | +18.6% |
| 1994 | 0.0326 BoP, current US$ per US$ of GDP | -42.8% |
| 1995 | 0.0347 BoP, current US$ per US$ of GDP | +6.3% |
| 1996 | 0.0406 BoP, current US$ per US$ of GDP | +16.9% |
| 1997 | 0.0495 BoP, current US$ per US$ of GDP | +22.1% |
| 1998 | 0.0545 BoP, current US$ per US$ of GDP | +10.1% |
| 1999 | 0.0595 BoP, current US$ per US$ of GDP | +9.1% |
| 2000 | 0.0594 BoP, current US$ per US$ of GDP | -0.1% |
| 2001 | 0.062 BoP, current US$ per US$ of GDP | +4.2% |
| 2002 | 0.0645 BoP, current US$ per US$ of GDP | +4.1% |
| 2003 | 0.0734 BoP, current US$ per US$ of GDP | +13.7% |
| 2004 | 0.0782 BoP, current US$ per US$ of GDP | +6.6% |
| 2005 | 0.084 BoP, current US$ per US$ of GDP | +7.4% |
| 2006 | 0.0693 BoP, current US$ per US$ of GDP | -17.5% |
| 2007 | 0.0709 BoP, current US$ per US$ of GDP | +2.3% |
| 2008 | 0.0917 BoP, current US$ per US$ of GDP | +29.3% |
| 2009 | 0.0887 BoP, current US$ per US$ of GDP | -3.3% |
| 2010 | 0.0935 BoP, current US$ per US$ of GDP | +5.5% |
| 2011 | 0.1009 BoP, current US$ per US$ of GDP | +7.9% |
| 2012 | 0.1026 BoP, current US$ per US$ of GDP | +1.6% |
| 2013 | 0.1012 BoP, current US$ per US$ of GDP | -1.3% |
| 2014 | 0.1005 BoP, current US$ per US$ of GDP | -0.7% |
| 2015 | 0.0983 BoP, current US$ per US$ of GDP | -2.2% |
| 2016 | 0.1049 BoP, current US$ per US$ of GDP | +6.8% |
| 2017 | 0.113 BoP, current US$ per US$ of GDP | +7.7% |
| 2018 | 0.1047 BoP, current US$ per US$ of GDP | -7.3% |
| 2019 | 0.1081 BoP, current US$ per US$ of GDP | +3.3% |
| 2020 | 0.0744 BoP, current US$ per US$ of GDP | -31.2% |
| 2021 | 0.0734 BoP, current US$ per US$ of GDP | -1.2% |
| 2022 | 0.0998 BoP, current US$ per US$ of GDP | +35.8% |
| 2023 | 0.0876 BoP, current US$ per US$ of GDP | -12.2% |
| 2024 | 0.0659 BoP, current US$ per US$ of GDP | -24.7% |
Nicaragua compared with similar countries
- Nicaragua's 0.0659 BoP, current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.0631 BoP, current US$ per US$ of GDP, 1.0× the median. (47 countries reporting)
- Nicaragua's 0.0659 BoP, current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.1133 BoP, current US$ per US$ of GDP, 58% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$), per unit of GDP in Nicaragua changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | +172.8% | 0.0217 BoP, current US$ per US$ of GDP | 0.0592 BoP, current US$ per US$ of GDP |
| 1988 | +85.6% | 0.0077 BoP, current US$ per US$ of GDP | 0.0142 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.036 BoP, current US$ per US$ of GDP | 0.0349 BoP, current US$ per US$ of GDP | 0.0373 BoP, current US$ per US$ of GDP | 3 |
| 1980s | 0.0156 BoP, current US$ per US$ of GDP | 0.0077 BoP, current US$ per US$ of GDP | 0.0217 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.0483 BoP, current US$ per US$ of GDP | 0.0326 BoP, current US$ per US$ of GDP | 0.0595 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.0742 BoP, current US$ per US$ of GDP | 0.0594 BoP, current US$ per US$ of GDP | 0.0917 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.1028 BoP, current US$ per US$ of GDP | 0.0935 BoP, current US$ per US$ of GDP | 0.113 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0802 BoP, current US$ per US$ of GDP | 0.0659 BoP, current US$ per US$ of GDP | 0.0998 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Nicaragua
- 124 Mongolia 0.0674 BoP, current US$ per US$ of GDP compare
- 125 Kenya 0.0668 BoP, current US$ per US$ of GDP compare
- 126 Italy 0.066 BoP, current US$ per US$ of GDP compare
- 128 Uzbekistan 0.0631 BoP, current US$ per US$ of GDP compare
- 129 New Caledonia 0.0619 BoP, current US$ per US$ of GDP compare
- 130 Japan 0.0555 BoP, current US$ per US$ of GDP 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$), annual growth rate 36.36 % change on previous year (2025)
Frequently asked questions
- What is service exports (bop, current us$), per unit of gdp in Nicaragua?
- Service exports (bop, current us$), per unit of gdp in Nicaragua was 0.0659 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), per unit of gdp recorded in Nicaragua?
- The highest recorded value was 0.113 BoP, current US$ per US$ of GDP in 2017.
- What is the lowest service exports (bop, current us$), per unit of gdp recorded in Nicaragua?
- The lowest recorded value was 0.0077 BoP, current US$ per US$ of GDP in 1987.
- How does Nicaragua rank for service exports (bop, current us$), per unit of gdp?
- Nicaragua ranks 127th out of 199 countries with data for 2024.
- Is service exports (bop, current us$), per unit of gdp rising or falling in Nicaragua?
- Over the last ten years it is down 34.4%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.