Workers' remittances paid rose 9.55% to USD 146 mil in Nicaragua in 2024, according to the National Statistical Office.
Historically, workers' remittances paid in Nicaragua reached an all time high of USD 182 mil in 2022 and an all time low of USD 1.20 mil in 2010. When compared to Nicaragua's main peers, workers' remittances paid in Costa Rica amounted to USD 647 mil, USD 256 mil in El Salvador, USD 346 mil in Honduras and USD 1,308 mil in Mexico in 2024.
Nicaragua has been ranked 83rd within the group of 98 countries we follow in terms of workers' remittances paid, 75 places above the position seen 10 years ago.
| Workers' Remittances, Paid (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 mil | 43.0 | 41.9 | 42.4 | 41.7 | 41.4 | ||||||||||||||||
| Costa Rica | USD mil | 507 | 528 | 491 | 541 | 562 | ||||||||||||||||
| El Salvador | USD mil | 190 | 233 | 187 | 261 | 275 | ||||||||||||||||
| Guatemala | USD mil | 18.9 | 18.0 | 18.7 | 20.0 | 23.9 | ||||||||||||||||
| Honduras | USD mil | 288 | 330 | 292 | 344 | 339 | ||||||||||||||||
| Mexico | USD mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | 742 | 787 | 647 | 767 | 883 | |||||||
| Nicaragua | USD mil | ... | ... | ... | ... | 1.60 | 1.60 | 1.50 | 106 | 182 | ||||||||||||
| Panama | USD mil | 797 | 824 | 509 | 551 | 563 | ||||||||||||||||
| USA | USD mil | 66,836 | 71,583 | 66,126 | 73,551 | 87,025 |
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