Share of service in total exports in Nicaragua
Nicaragua: Share of service in total exports was 6.84 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
6.84 billion BoP, current US$
Change on year
up 2.2%
World rank
113th
of 198 countries
All-time high
6.84 billion BoP, current US$
in 2024
All-time low
223.10 million BoP, current US$
in 1992
Years of data
48
1977–2024
Share of service in total exports in Nicaragua, 1977–2024
Source: International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data. Measured in BoP, current US$.
Analysis
In 2024, share of service in total exports in Nicaragua stood at 6.84 billion BoP, current US$. That is the highest value across all 48 years on record.
Compared with earlier readings it is up 2.2% on the previous year and up 63.7% over ten years.
Over the whole period, share of service in total exports in Nicaragua peaked at 6.84 billion BoP, current US$ in 2024 and was at its lowest, 223.10 million BoP, current US$, in 1992.
That places Nicaragua 113th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Share of service in total exports in Nicaragua, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 636.20 million BoP, current US$ | — |
| 1978 | 646.00 million BoP, current US$ | +1.5% |
| 1979 | 615.90 million BoP, current US$ | -4.7% |
| 1980 | 450.40 million BoP, current US$ | -26.9% |
| 1981 | 508.20 million BoP, current US$ | +12.8% |
| 1982 | 406.00 million BoP, current US$ | -20.1% |
| 1983 | 451.90 million BoP, current US$ | +11.3% |
| 1984 | 412.40 million BoP, current US$ | -8.7% |
| 1985 | 305.10 million BoP, current US$ | -26.0% |
| 1986 | 257.80 million BoP, current US$ | -15.5% |
| 1987 | 295.10 million BoP, current US$ | +14.5% |
| 1988 | 235.70 million BoP, current US$ | -20.1% |
| 1989 | 318.70 million BoP, current US$ | +35.2% |
| 1990 | 332.40 million BoP, current US$ | +4.3% |
| 1991 | 268.10 million BoP, current US$ | -19.3% |
| 1992 | 223.10 million BoP, current US$ | -16.8% |
| 1993 | 267.00 million BoP, current US$ | +19.7% |
| 1994 | 338.60 million BoP, current US$ | +26.8% |
| 1995 | 469.80 million BoP, current US$ | +38.7% |
| 1996 | 470.90 million BoP, current US$ | +0.2% |
| 1997 | 581.70 million BoP, current US$ | +23.5% |
| 1998 | 579.40 million BoP, current US$ | -0.4% |
| 1999 | 552.30 million BoP, current US$ | -4.7% |
| 2000 | 649.90 million BoP, current US$ | +17.7% |
| 2001 | 599.00 million BoP, current US$ | -7.8% |
| 2002 | 567.40 million BoP, current US$ | -5.3% |
| 2003 | 622.30 million BoP, current US$ | +9.7% |
| 2004 | 772.30 million BoP, current US$ | +24.1% |
| 2005 | 880.43 million BoP, current US$ | +14.0% |
| 2006 | 1.64 billion BoP, current US$ | +86.7% |
| 2007 | 1.93 billion BoP, current US$ | +17.2% |
| 2008 | 2.15 billion BoP, current US$ | +11.6% |
| 2009 | 2.09 billion BoP, current US$ | -2.8% |
| 2010 | 2.73 billion BoP, current US$ | +30.3% |
| 2011 | 3.42 billion BoP, current US$ | +25.3% |
| 2012 | 3.92 billion BoP, current US$ | +14.7% |
| 2013 | 3.88 billion BoP, current US$ | -1.0% |
| 2014 | 4.18 billion BoP, current US$ | +7.7% |
| 2015 | 3.87 billion BoP, current US$ | -7.2% |
| 2016 | 3.79 billion BoP, current US$ | -2.0% |
| 2017 | 4.18 billion BoP, current US$ | +10.1% |
| 2018 | 4.20 billion BoP, current US$ | +0.4% |
| 2019 | 4.34 billion BoP, current US$ | +3.4% |
| 2020 | 4.40 billion BoP, current US$ | +1.3% |
| 2021 | 5.57 billion BoP, current US$ | +26.8% |
| 2022 | 6.31 billion BoP, current US$ | +13.2% |
| 2023 | 6.69 billion BoP, current US$ | +6.0% |
| 2024 | 6.84 billion BoP, current US$ | +2.2% |
Nicaragua compared with similar countries
- Nicaragua's 6.84 billion BoP, current US$ is below the median for lower middle income countries, which is 6.88 billion BoP, current US$, 99% of the median. (47 countries reporting)
- Nicaragua's 6.84 billion BoP, current US$ is above the median for Latin America & Caribbean, which is 6.84 billion BoP, current US$, 1.0× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 632.70 million BoP, current US$ | 615.90 million BoP, current US$ | 646.00 million BoP, current US$ | 3 |
| 1980s | 364.13 million BoP, current US$ | 235.70 million BoP, current US$ | 508.20 million BoP, current US$ | 10 |
| 1990s | 408.33 million BoP, current US$ | 223.10 million BoP, current US$ | 581.70 million BoP, current US$ | 10 |
| 2000s | 1.19 billion BoP, current US$ | 567.40 million BoP, current US$ | 2.15 billion BoP, current US$ | 10 |
| 2010s | 3.85 billion BoP, current US$ | 2.73 billion BoP, current US$ | 4.34 billion BoP, current US$ | 10 |
| 2020s | 5.96 billion BoP, current US$ | 4.40 billion BoP, current US$ | 6.84 billion BoP, current US$ | 5 |
Countries ranked near Nicaragua
- 110 Congo 7.51 billion BoP, current US$ compare
- 111 Iceland 7.40 billion BoP, current US$ compare
- 112 Honduras 6.88 billion BoP, current US$ compare
- 114 Cameroon 6.79 billion BoP, current US$ compare
- 115 Burkina Faso 6.12 billion BoP, current US$ compare
- 116 Ethiopia 5.58 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)
- SDRs holdings, US dollar, annual growth rate 4.16 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0168 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 53.46 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.8097 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0123 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 39.04 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -11.79 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.014 units per US$ of GDP (2025)
Frequently asked questions
- What is share of service in total exports in Nicaragua?
- Share of service in total exports in Nicaragua was 6.84 billion BoP, current US$ in 2024, according to International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data.
- What is the highest share of service in total exports recorded in Nicaragua?
- The highest recorded value was 6.84 billion BoP, current US$ in 2024.
- What is the lowest share of service in total exports recorded in Nicaragua?
- The lowest recorded value was 223.10 million BoP, current US$ in 1992.
- How does Nicaragua rank for share of service in total exports?
- Nicaragua ranks 113th out of 198 countries with data for 2024.
- Is share of service in total exports rising or falling in Nicaragua?
- Over the last ten years it is up 63.7%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data, published as part of Share of service in total exports. Statizoid updates them automatically from the source API.
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About this data
Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. The share of services in total exports comes from comparing trade in goods and services at current US dollars.