Account, out of labor force in Nicaragua

Nicaragua: Account, out of labor force was 16.4% in 2024. ▲ Rising

Latest (2024)
16.4%
Change on year
down 9.5%
World rank
97th
of 99 countries
All-time high
20.2%
in 2017
All-time low
8.1%
in 2011
Years of data
5
2011–2024

Account, out of labor force in Nicaragua, 2011–2024

051015202011201720242011: 8.1 % age 15+2014: 8.9 % age 15+2017: 20.2 % age 15+2021: 18.1 % age 15+2024: 16.4 % age 15+

Source: Global Findex database. Measured in % age 15+.

Analysis

The most recent figure for account, out of labor force in Nicaragua is 16.4%, measured in 2024.

That represents a change of down 9.5% on the previous year and up 83.7% over ten years.

Over the whole period, account, out of labor force in Nicaragua peaked at 20.2% in 2017 and was at its lowest, 8.1%, in 2011.

That places Nicaragua 97th out of 99 countries with data for 2024, putting it in the bottom quarter.

Account, out of labor force in Nicaragua, year by year

Annual values for Account, out of labor force (% age 15+) in Nicaragua, 2011 to 2024.
Year % age 15+ Change
2011 8.1%
2014 8.9% +9.5%
2017 20.2% +126.3%
2021 18.1% -10.3%
2024 16.4% -9.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 12.4% 8.1% 20.2% 3
2020s 17.2% 16.4% 18.1% 2

Countries ranked near Nicaragua

  1. 94 Algeria 24.4% compare
  2. 95 Mauritania 19.3% compare
  3. 96 Iraq 19.1% compare
  4. 98 Pakistan 13.9% compare
  5. 99 Lebanon 11.3% compare

See the full ranking of 111 places →

More reference data data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is account, out of labor force in Nicaragua?
Account, out of labor force in Nicaragua was 16.4% in 2024, according to Global Findex database.
What is the highest account, out of labor force recorded in Nicaragua?
The highest recorded value was 20.2% in 2017.
What is the lowest account, out of labor force recorded in Nicaragua?
The lowest recorded value was 8.1% in 2011.
How does Nicaragua rank for account, out of labor force?
Nicaragua ranks 97th out of 99 countries with data for 2024.
Is account, out of labor force rising or falling in Nicaragua?
Over the last ten years it is up 83.7%. The long-run trend across the full record is rising.
Where does this Nicaragua data come from?
The figures come from Global Findex database, published as part of Account, out of labor force (% age 15+). Statizoid updates them automatically from the source API.

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Account, out of labor force in Nicaragua. Statizoid, drawing on Global Findex database. Retrieved 24 August 2026, from https://reference.statizoid.com/stat/account-out-of-labor-force-percent-age-15/nicaragua/

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About this data

Indicator
Account, out of labor force (% age 15+)
Unit
% age 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
111 places, 555 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution (see the definition for "financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), out of labor force (% age 15+)