Workers' Remittances, Received (USD) rose 12.5% to USD 5,246 mil in Nicaragua in 2024

Workers' Remittances, Received (USD) (USD mil), 2024
Economy | Nicaragua | September 1, 2025
$2.99
Excel Sheet

Workers' remittances received rose 12.5% to USD 5,246 mil in Nicaragua in 2024, according to the National Statistical Office.

Historically, workers' remittances received in Nicaragua reached an all time high of USD 5,246 mil in 2024 and an all time low of USD 3.90 mil in 1977. When compared to Nicaragua's main peers, workers' remittances received in Costa Rica amounted to USD 725 mil, USD 8,488 mil in El Salvador, USD 9,533 mil in Honduras and USD 67,638 mil in Mexico in 2024.

Nicaragua has been ranked 30th within the group of 96 countries we follow in terms of workers' remittances received, 51 places above the position seen 10 years ago.

Workers' Remittances, Received (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 92.5 96.8 121 135 142
Costa Rica USD mil 534 553 525 594 620
El Salvador USD mil 5,392 5,657 5,931 7,622 7,851
Guatemala USD mil 9,438 10,656 11,405 15,408 18,205
Honduras USD mil 4,777 5,401 5,589 7,203 8,485
Mexico USD mil 36,526 39,834 43,978 55,067 61,458
Nicaragua USD mil 1,505 1,686 1,855 2,150 3,227
Panama USD mil 538 581 387 567 526
USA USD mil 6,941 7,049 6,827 7,093 7,407