Service imports (BoP, current US$), annual growth rate in Nicaragua
Nicaragua: Service imports (BoP, current US$), annual growth rate was 14.7 % change on previous year in 2024. ◆ Volatile
Service imports (BoP, current US$), annual growth rate in Nicaragua, 1978–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, service imports (bop, current us$), annual growth rate in Nicaragua stood at 14.7 % change on previous year.
Compared with earlier readings it is up 526.7% on the previous year and up 288.0% over ten years.
Over the whole period, service imports (bop, current us$), annual growth rate in Nicaragua peaked at 41.45 % change on previous year in 2021 and was at its lowest, -28.27 % change on previous year, in 2020.
That places Nicaragua 45th out of 199 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service imports (BoP, current US$), annual growth rate in Nicaragua, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | -23.42 % change on previous year | — |
| 1979 | 15.95 % change on previous year | -168.1% |
| 1980 | -16.1 % change on previous year | -201.0% |
| 1981 | 6.27 % change on previous year | -138.9% |
| 1982 | -6.08 % change on previous year | -197.0% |
| 1983 | 23.86 % change on previous year | -492.5% |
| 1984 | 16.22 % change on previous year | -32.0% |
| 1985 | -13.02 % change on previous year | -180.2% |
| 1986 | 22.76 % change on previous year | -274.8% |
| 1987 | 0.88 % change on previous year | -96.1% |
| 1988 | -13.96 % change on previous year | -1686.0% |
| 1989 | -13.69 % change on previous year | -1.9% |
| 1990 | -5.79 % change on previous year | -57.7% |
| 1991 | 21.28 % change on previous year | -467.7% |
| 1992 | 8.88 % change on previous year | -58.3% |
| 1993 | 5.6 % change on previous year | -37.0% |
| 1994 | 10.41 % change on previous year | +86.0% |
| 1995 | 27.53 % change on previous year | +164.5% |
| 1996 | 14.65 % change on previous year | -46.8% |
| 1997 | -5.3 % change on previous year | -136.2% |
| 1998 | 11.86 % change on previous year | -323.8% |
| 1999 | 24.98 % change on previous year | +110.6% |
| 2000 | 4.78 % change on previous year | -80.9% |
| 2001 | 3.71 % change on previous year | -22.5% |
| 2002 | -2.28 % change on previous year | -161.6% |
| 2003 | 6.02 % change on previous year | -363.9% |
| 2004 | 8.55 % change on previous year | +41.9% |
| 2005 | 9.58 % change on previous year | +12.2% |
| 2006 | 30.41 % change on previous year | +217.3% |
| 2007 | 16.61 % change on previous year | -45.4% |
| 2008 | 14.16 % change on previous year | -14.8% |
| 2009 | -10.06 % change on previous year | -171.1% |
| 2010 | 3.72 % change on previous year | -136.9% |
| 2011 | 18.19 % change on previous year | +389.5% |
| 2012 | 7.11 % change on previous year | -60.9% |
| 2013 | 18.87 % change on previous year | +165.4% |
| 2014 | -7.82 % change on previous year | -141.4% |
| 2015 | 1.73 % change on previous year | -122.1% |
| 2016 | -2.16 % change on previous year | -224.9% |
| 2017 | 2.83 % change on previous year | -231.3% |
| 2018 | -7.55 % change on previous year | -366.4% |
| 2019 | -10.3 % change on previous year | +36.4% |
| 2020 | -28.27 % change on previous year | +174.5% |
| 2021 | 41.45 % change on previous year | -246.6% |
| 2022 | 28.3 % change on previous year | -31.7% |
| 2023 | 2.35 % change on previous year | -91.7% |
| 2024 | 14.7 % change on previous year | +526.7% |
Nicaragua compared with similar countries
- Nicaragua's 14.7 % change on previous year is above the median for lower middle income countries, which is 6.03 % change on previous year, 2.4× the median. (47 countries reporting)
- Nicaragua's 14.7 % change on previous year is above the median for Latin America & Caribbean, which is 4.29 % change on previous year, 3.4× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Service imports (BoP, current US$), annual growth rate in Nicaragua changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | -1686.0% | 0.88 % change on previous year | -13.96 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -3.74 % change on previous year | -23.42 % change on previous year | 15.95 % change on previous year | 2 |
| 1980s | 0.7157 % change on previous year | -16.1 % change on previous year | 23.86 % change on previous year | 10 |
| 1990s | 11.41 % change on previous year | -5.79 % change on previous year | 27.53 % change on previous year | 10 |
| 2000s | 8.15 % change on previous year | -10.06 % change on previous year | 30.41 % change on previous year | 10 |
| 2010s | 2.46 % change on previous year | -10.3 % change on previous year | 18.87 % change on previous year | 10 |
| 2020s | 11.71 % change on previous year | -28.27 % change on previous year | 41.45 % change on previous year | 5 |
Countries ranked near Nicaragua
- 42 Poland 15.47 % change on previous year compare
- 43 Zambia 15.03 % change on previous year compare
- 44 Iceland 14.82 % change on previous year compare
- 46 Yemen 14.37 % change on previous year compare
- 47 Guatemala 14.32 % change on previous year compare
- 48 Hong Kong 13.96 % change on previous year compare
More economy & growth data for Nicaragua
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.29 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 36.36 % change on previous year (2025)
Frequently asked questions
- What is service imports (bop, current us$), annual growth rate in Nicaragua?
- Service imports (bop, current us$), annual growth rate in Nicaragua was 14.7 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest service imports (bop, current us$), annual growth rate recorded in Nicaragua?
- The highest recorded value was 41.45 % change on previous year in 2021.
- What is the lowest service imports (bop, current us$), annual growth rate recorded in Nicaragua?
- The lowest recorded value was -28.27 % change on previous year in 2020.
- How does Nicaragua rank for service imports (bop, current us$), annual growth rate?
- Nicaragua ranks 45th out of 199 countries with data for 2024.
- Is service imports (bop, current us$), annual growth rate rising or falling in Nicaragua?
- Over the last ten years it is up 288.0%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from Statizoid (derived), published as part of Service imports (BoP, current US$), 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 imports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Service imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Service imports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.