Service exports — all countries

Service exports — Nicaragua

Service exports in Nicaragua in 2024 — 1,298,118,290 US$. Ranked 119 in the world out of 165. Since 1977, the indicator has risen by 1,462.1%.

2024 1.3B US$ −16.74% vs 2023
World rank 119of 165
Period maximum 1.56B US$2022
Period minimum 22M US$1989

Trend over time

1977–2024 · US$

Service exports — Nicaragua, 1977–20240500M1B1.5B2B19771982198719921997200220072012201720221977: 83,100,000 US$1978: 74,200,000 US$1979: 56,300,000 US$1980: 44,400,000 US$1981: 45,100,000 US$1982: 40,800,000 US$1983: 46,100,000 US$1984: 48,400,000 US$1985: 39,300,000 US$1986: 29,500,000 US$1987: 29,500,000 US$1988: 37,400,000 US$1989: 22,000,000 US$1990: 59,800,000 US$1991: 70,200,000 US$1992: 86,200,000 US$1993: 100,200,000 US$1994: 126,092,000 US$1995: 143,720,506 US$1996: 174,828,000 US$1997: 217,434,000 US$1998: 252,664,000 US$1999: 288,822,000 US$2000: 303,700,000 US$2001: 331,600,000 US$2002: 337,000,000 US$2003: 390,400,000 US$2004: 452,800,000 US$2005: 530,700,000 US$2006: 468,700,000 US$2007: 526,400,000 US$2008: 778,800,000 US$2009: 735,700,000 US$2010: 818,900,000 US$2011: 986,500,000 US$2012: 1,080,400,000 US$2013: 1,111,900,000 US$2014: 1,193,900,000 US$2015: 1,253,400,000 US$2016: 1,394,100,000 US$2017: 1,557,600,000 US$2018: 1,363,600,000 US$2019: 1,373,100,000 US$2020: 946,300,000 US$2021: 1,043,621,142 US$2022: 1,559,800,000 US$2023: 1,559,200,000 US$2024: 1,298,118,290 US$
Change over the period: +1.22B (+1,462.12%) Average annual rate: 6.02 %

Comparison, 2024

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

Nicaragua 1.3B US$
World 8.85T US$
Central America computed 115B US$
Lower-middle-income countries computed 639B US$
Service exports — Nicaragua, by year Nicaragua All countries CSV XLSX
Year US$ Change Change, %
2024 1.3B −261M −16.74%
2023 1.56B −600,000 −0.04%
2022 1.56B +516M +49.46%
2021 1.04B +97.32M +10.28%
2020 946M −427M −31.08%
2019 1.37B +9.5M +0.7%
2018 1.36B −194M −12.46%
2017 1.56B +164M +11.73%
2016 1.39B +141M +11.23%
2015 1.25B +59.5M +4.98%
2014 1.19B +82M +7.37%
2013 1.11B +31.5M +2.92%
2012 1.08B +93.9M +9.52%
2011 987M +168M +20.47%
2010 819M +83.2M +11.31%
2009 736M −43.1M −5.53%
2008 779M +252M +47.95%
2007 526M +57.7M +12.31%
2006 469M −62M −11.68%
2005 531M +77.9M +17.2%
2004 453M +62.4M +15.98%
2003 390M +53.4M +15.85%
2002 337M +5.4M +1.63%
2001 332M +27.9M +9.19%
2000 304M +14.88M +5.15%
1999 289M +36.16M +14.31%
1998 253M +35.23M +16.2%
1997 217M +42.61M +24.37%
1996 175M +31.11M +21.64%
1995 144M +17.63M +13.98%
1994 126M +25.89M +25.84%
1993 100M +14M +16.24%
1992 86.2M +16M +22.79%
1991 70.2M +10.4M +17.39%
1990 59.8M +37.8M +171.82%
1989 22M −15.4M −41.18%
1988 37.4M +7.9M +26.78%
1987 29.5M +0 +0%
1986 29.5M −9.8M −24.94%
1985 39.3M −9.1M −18.8%
1984 48.4M +2.3M +4.99%
1983 46.1M +5.3M +12.99%
1982 40.8M −4.3M −9.53%
1981 45.1M +700,000 +1.58%
1980 44.4M −11.9M −21.14%
1979 56.3M −17.9M −24.12%
1978 74.2M −8.9M −10.71%
1977 83.1M

Central America, 2024

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

About the indicator

Exports of services: travel and tourism, transport, communications, insurance, financial and business services, royalties, computer and information services. For dozens of countries this flow is larger than merchandise exports, and not only for the obvious tourist destinations: India, Ireland and the Philippines ended up near the top of the list on software and business services. Services, unlike goods, do not pass through customs, so they are estimated from banking and survey statistics and are measured less precisely.

Important: It serves as the denominator for the share of ICT services in service exports. It excludes investment income and compensation of employees — those are counted separately, in the primary income account.

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