Share of services in total exports in Nicaragua

Nicaragua: Share of services in total exports was 16.0% in 2024. ▲ Rising

Latest (2024)
16.0%
Change on year
down 15.6%
World rank
146th
of 198 countries
All-time high
38.5%
in 2003
All-time low
6.5%
in 1989
Years of data
48
1977–2024

Share of services in total exports in Nicaragua, 1977–2024

10203040197720002024

Source: United Nations Population Division, national statistical offices, and Eurostat, via World Bank (2026) – processed by Our World in Data. Measured in % of goods and services exports.

Analysis

The most recent figure for share of services in total exports in Nicaragua is 16.0%, measured in 2024.

The figure is down 15.6% on the previous year and down 28.2% over ten years.

Over the whole period, share of services in total exports in Nicaragua peaked at 38.5% in 2003 and was at its lowest, 6.5%, in 1989.

Nicaragua ranks 146th of 198 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 48 years of available data.

Share of services in total exports in Nicaragua, year by year

Annual values for Share of services in total exports in Nicaragua, 1977 to 2024.
Year % of goods and services exports Change
1977 11.6%
1978 10.3% -10.8%
1979 8.4% -18.6%
1980 9.0% +7.0%
1981 8.2% -9.1%
1982 9.1% +12.0%
1983 9.3% +1.4%
1984 10.5% +13.4%
1985 11.4% +8.7%
1986 10.3% -10.0%
1987 9.1% -11.5%
1988 13.7% +50.6%
1989 6.5% -52.8%
1990 15.2% +136.1%
1991 20.8% +36.1%
1992 27.9% +34.3%
1993 27.3% -2.1%
1994 27.1% -0.6%
1995 23.4% -13.6%
1996 27.1% +15.5%
1997 27.2% +0.5%
1998 30.4% +11.6%
1999 34.3% +13.1%
2000 31.9% -7.3%
2001 35.6% +11.9%
2002 37.3% +4.6%
2003 38.5% +3.5%
2004 37.0% -4.1%
2005 37.6% +1.8%
2006 22.2% -41.0%
2007 21.4% -3.3%
2008 26.6% +23.9%
2009 26.0% -2.1%
2010 23.1% -11.2%
2011 22.4% -3.0%
2012 21.6% -3.6%
2013 22.3% +3.1%
2014 22.2% -0.2%
2015 24.4% +10.0%
2016 26.9% +9.9%
2017 27.1% +1.0%
2018 24.5% -9.7%
2019 24.0% -2.0%
2020 17.7% -26.3%
2021 15.8% -11.0%
2022 19.8% +25.7%
2023 18.9% -4.6%
2024 16.0% -15.6%

Averages by decade

DecadeAverage LowestHighest Years
1970s 10.1% 8.4% 11.6% 3
1980s 9.7% 6.5% 13.7% 10
1990s 26.1% 15.2% 34.3% 10
2000s 31.4% 21.4% 38.5% 10
2010s 23.9% 21.6% 27.1% 10
2020s 17.6% 15.8% 19.8% 5

Countries ranked near Nicaragua

  1. 143 Palestine, State of 16.8% compare
  2. 144 Botswana 16.7% compare
  3. 145 Bangladesh 16.1% compare
  4. 147 Lao People's Democratic Republic 15.6% compare
  5. 148 Kuwait 15.2% compare
  6. 149 Hong Kong, China 14.7% compare

See the full ranking of 198 places →

More economy & growth data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is share of services in total exports in Nicaragua?
Share of services in total exports in Nicaragua was 16.0% in 2024, according to United Nations Population Division, national statistical offices, and Eurostat, via World Bank (2026) – processed by Our World in Data.
What is the highest share of services in total exports recorded in Nicaragua?
The highest recorded value was 38.5% in 2003.
What is the lowest share of services in total exports recorded in Nicaragua?
The lowest recorded value was 6.5% in 1989.
How does Nicaragua rank for share of services in total exports?
Nicaragua ranks 146th out of 198 countries with data for 2024.
Is share of services in total exports rising or falling in Nicaragua?
Over the last ten years it is down 28.2%. The long-run trend across the full record is rising.
Where does this Nicaragua data come from?
The figures come from United Nations Population Division, national statistical offices, and Eurostat, via World Bank (2026) – processed by Our World in Data, published as part of Share of services in total exports. Statizoid updates them automatically from the source API.

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Share of services in total exports in Nicaragua. Statizoid, drawing on United Nations Population Division, national statistical offices, and Eurostat, via World Bank (2026) – processed by Our World in Data. Retrieved 04 September 2026, from https://economy.statizoid.com/stat/share-of-services-in-total-exports/nicaragua/

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About this data

Indicator
Share of services in total exports
Unit
% of goods and services exports
Source
United Nations Population Division, national statistical offices, and Eurostat, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
198 places, 7,746 data points, 1960–2025
Last refreshed

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.