Remittances received — all countries

Remittances received — Nicaragua

Remittances received in Nicaragua in 2024 — 5,245,600,000 US$. Ranked 36 in the world out of 160. Since 1977, the indicator has risen by 134,402.6%.

2024 5.25B US$ +12.51% vs 2023
World rank 36of 160
Period maximum 5.25B US$2024
Period minimum 3.9M US$1977

Trend over time

1977–2024 · US$

Remittances received — Nicaragua, 1977–202402B4B6B19771982198719921997200220072012201720221977: 3,900,000 US$1978: 4,100,000 US$1979: 4,500,000 US$1992: 10,000,000 US$1993: 25,000,000 US$1994: 50,000,000 US$1995: 75,000,000 US$1996: 95,000,000 US$1997: 150,000,000 US$1998: 200,000,000 US$1999: 300,000,000 US$2000: 320,000,000 US$2001: 335,700,000 US$2002: 376,500,000 US$2003: 438,800,000 US$2004: 518,800,000 US$2005: 615,700,000 US$2006: 697,500,000 US$2007: 739,600,000 US$2008: 819,900,000 US$2009: 770,300,000 US$2010: 824,800,000 US$2011: 913,600,000 US$2012: 1,016,300,000 US$2013: 1,081,300,000 US$2014: 1,140,200,000 US$2015: 1,197,500,000 US$2016: 1,268,100,000 US$2017: 1,394,700,000 US$2018: 1,504,800,000 US$2019: 1,686,400,000 US$2020: 1,855,000,000 US$2021: 2,149,900,000 US$2022: 3,227,200,000 US$2023: 4,662,300,000 US$2024: 5,245,600,000 US$
Change over the period: +5.24B (+134,402.56%) Average annual rate: 16.57 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Nicaragua

Nicaragua 5.25B US$
World 857B US$
Central America computed 114B US$
Lower-middle-income countries computed 416B US$
Remittances received — Nicaragua, by year Nicaragua All countries CSV XLSX
Year US$ Change Change, %
2024 5.25B +583M +12.51%
2023 4.66B +1.44B +44.47%
2022 3.23B +1.08B +50.11%
2021 2.15B +295M +15.9%
2020 1.86B +169M +10%
2019 1.69B +182M +12.07%
2018 1.5B +110M +7.89%
2017 1.39B +127M +9.98%
2016 1.27B +70.6M +5.9%
2015 1.2B +57.3M +5.03%
2014 1.14B +58.9M +5.45%
2013 1.08B +65M +6.4%
2012 1.02B +103M +11.24%
2011 914M +88.8M +10.77%
2010 825M +54.5M +7.08%
2009 770M −49.6M −6.05%
2008 820M +80.3M +10.86%
2007 740M +42.1M +6.04%
2006 698M +81.8M +13.29%
2005 616M +96.9M +18.68%
2004 519M +80M +18.23%
2003 439M +62.3M +16.55%
2002 377M +40.8M +12.15%
2001 336M +15.7M +4.91%
2000 320M +20M +6.67%
1999 300M +100M +50%
1998 200M +50M +33.33%
1997 150M +55M +57.89%
1996 95M +20M +26.67%
1995 75M +25M +50%
1994 50M +25M +100%
1993 25M +15M +150%
1992 10M
1979 4.5M +400,000 +9.76%
1978 4.1M +200,000 +5.13%
1977 3.9M

Central America, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Personal remittances received by a country: the earnings of labor migrants sent home, plus transfers between households. For a couple of dozen countries this flow is larger than any single export item, and for several it exceeds a fifth of GDP — remittances then become the main external link of the economy, steadier than both direct investment and foreign aid: in a crisis they usually do not fall but rise, because migrants send their families more.

Important: Only transfers through banks and money transfer systems are counted. Cash brought in person does not reach the statistics, so the real volumes are higher — by estimates, noticeably so.

Source: World Development Indicators (World Bank), license CC BY 4.0.