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Exports of Services (BoP, USD) fell 16.7% to USD 1.30 bil in Nicaragua in 2024

Exports of Services (BoP, USD) (USD bil), 2024
Economy | Nicaragua | September 1, 2025
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Exports of services as a part of balance of payment fell 16.7% to USD 1.30 bil in Nicaragua in 2024, according to the National Statistical Office.

Historically, exports of services as a part of balance of payment in Nicaragua reached an all time high of USD 1.56 bil in 2022 and an all time low of USD 0.022 bil in 1989. When compared to Nicaragua's main peers, exports of services as a part of balance of payment in Costa Rica amounted to USD 16.1 bil, USD 6.00 bil in El Salvador, USD 3.68 bil in Honduras and USD 63.0 bil in Mexico in 2024.

Nicaragua has been ranked 89th within the group of 103 countries we follow in terms of exports of services as a part of balance of payment, 29 places above the position seen 10 years ago.

Exports of Services (BoP, USD) Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Belize USD bil 0.620 0.677 0.426 0.621 0.851
Costa Rica USD bil 9.75 10.9 7.91 8.78 12.7
El Salvador USD bil 2.83 3.31 2.20 3.10 4.32
Guatemala USD bil 3.71 3.68 2.59 2.88 3.89
Honduras USD bil 2.82 2.98 1.98 2.84 3.36
Mexico USD bil 40.2 44.2 28.5 42.4 52.2
Nicaragua USD bil 1.36 1.37 0.946 1.04 1.56
Panama USD bil 13.5 13.8 8.20 10.7 15.3
USA USD bil 866 891 726 805 949