Travel services in Nicaragua
Nicaragua: Travel services was 39.4% in 2024. ▲ Rising
Travel services in Nicaragua, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
Nicaragua recorded 39.4% for travel services in 2024.
The figure is down 17.0% on the previous year and up 5.4% over ten years.
Over the whole period, travel services in Nicaragua peaked at 54.0% in 2017 and was at its lowest, 14.4%, in 1988.
That places Nicaragua 90th out of 198 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 48 years of available data.
Travel services in Nicaragua, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1977 | 40.8% | — |
| 1978 | 34.1% | -16.4% |
| 1979 | 32.5% | -4.7% |
| 1980 | 48.6% | +49.7% |
| 1981 | 49.9% | +2.5% |
| 1982 | 49.0% | -1.7% |
| 1983 | 27.1% | -44.7% |
| 1984 | 27.3% | +0.6% |
| 1985 | 18.3% | -32.8% |
| 1986 | 26.4% | +44.3% |
| 1987 | 30.8% | +16.7% |
| 1988 | 14.4% | -53.2% |
| 1989 | 19.5% | +35.4% |
| 1990 | 20.4% | +4.4% |
| 1991 | 23.8% | +16.6% |
| 1992 | 27.0% | +13.6% |
| 1993 | 41.0% | +51.7% |
| 1994 | 31.9% | -22.3% |
| 1995 | 34.4% | +8.0% |
| 1996 | 31.0% | -10.0% |
| 1997 | 36.7% | +18.4% |
| 1998 | 39.6% | +7.9% |
| 1999 | 43.3% | +9.4% |
| 2000 | 42.3% | -2.3% |
| 2001 | 40.8% | -3.6% |
| 2002 | 39.9% | -2.1% |
| 2003 | 41.0% | +2.7% |
| 2004 | 42.4% | +3.3% |
| 2005 | 38.9% | -8.3% |
| 2006 | 53.1% | +36.7% |
| 2007 | 52.7% | -0.9% |
| 2008 | 38.9% | -26.0% |
| 2009 | 45.6% | +17.2% |
| 2010 | 38.3% | -16.0% |
| 2011 | 39.6% | +3.4% |
| 2012 | 39.0% | -1.5% |
| 2013 | 37.5% | -3.8% |
| 2014 | 37.3% | -0.6% |
| 2015 | 42.1% | +12.8% |
| 2016 | 46.1% | +9.4% |
| 2017 | 54.0% | +17.2% |
| 2018 | 39.9% | -26.0% |
| 2019 | 37.5% | -6.0% |
| 2020 | 21.0% | -44.1% |
| 2021 | 17.6% | -16.0% |
| 2022 | 38.2% | +116.8% |
| 2023 | 47.4% | +24.2% |
| 2024 | 39.4% | -17.0% |
Nicaragua compared with similar countries
- Nicaragua's 39.4% is above the median for lower middle income countries, which is 36.8%, 1.1× the median. (47 countries reporting)
- Nicaragua's 39.4% is below the median for Latin America & Caribbean, which is 54.7%, 72% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Travel services 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 |
|---|---|---|---|
| 2022 | +116.8% | 17.6% | 38.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 35.8% | 32.5% | 40.8% | 3 |
| 1980s | 31.2% | 14.4% | 49.9% | 10 |
| 1990s | 32.9% | 20.4% | 43.3% | 10 |
| 2000s | 43.6% | 38.9% | 53.1% | 10 |
| 2010s | 41.1% | 37.3% | 54.0% | 10 |
| 2020s | 32.7% | 17.6% | 47.4% | 5 |
Countries ranked near Nicaragua
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 travel services in Nicaragua?
- Travel services in Nicaragua was 39.4% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Nicaragua?
- The highest recorded value was 54.0% in 2017.
- What is the lowest travel services recorded in Nicaragua?
- The lowest recorded value was 14.4% in 1988.
- How does Nicaragua rank for travel services?
- Nicaragua ranks 90th out of 198 countries with data for 2024.
- Is travel services rising or falling in Nicaragua?
- Over the last ten years it is up 5.4%. The long-run trend across the full record is rising.
- Where does this Nicaragua data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Travel services (% of service exports, BoP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.