Remittances, annual growth rate in Nicaragua

Nicaragua: Remittances, annual growth rate was 1.71 % change on previous year in 2024. ◆ Volatile

Latest (2024)
1.71 % change on previous year
Change on year
down 93.6%
World rank
69th
of 189 countries
All-time high
155.17 % change on previous year
in 1993
All-time low
-9.07 % change on previous year
in 1994
Years of data
34
1978–2024

Remittances, annual growth rate in Nicaragua, 1978–2024

0501001501978200120241978: 10 % change on previous year1979: 49 % change on previous year1993: 155.2 % change on previous year1994: -9.1 % change on previous year1995: 40 % change on previous year1996: 21.7 % change on previous year1997: 55 % change on previous year1998: 26.3 % change on previous year1999: 43.2 % change on previous year2000: 1.4 % change on previous year2001: 0.159 % change on previous year2002: 14.9 % change on previous year2003: 14.4 % change on previous year2004: 8.6 % change on previous year2005: 8.8 % change on previous year2006: 5.9 % change on previous year2007: -3.4 % change on previous year2008: -3.1 % change on previous year2009: -3.8 % change on previous year2010: 1.5 % change on previous year2011: -0.744 % change on previous year2012: 3.2 % change on previous year2013: 2 % change on previous year2014: -2.5 % change on previous year2015: -2.2 % change on previous year2016: 1.7 % change on previous year2017: 6 % change on previous year2018: 14.2 % change on previous year2019: 14.9 % change on previous year2020: 9.8 % change on previous year2021: 3.8 % change on previous year2022: 36.4 % change on previous year2023: 26.9 % change on previous year2024: 1.7 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, remittances, annual growth rate in Nicaragua stood at 1.71 % change on previous year.

That represents a change of down 93.6% on the previous year and up 168.0% over ten years.

Over the whole period, remittances, annual growth rate in Nicaragua peaked at 155.17 % change on previous year in 1993 and was at its lowest, -9.07 % change on previous year, in 1994.

That places Nicaragua 69th out of 189 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Remittances, annual growth rate in Nicaragua, year by year

Annual values for Remittances, annual growth rate in Nicaragua, 1978 to 2024.
Year % change on previous year Change
1978 10.03 % change on previous year —
1979 48.97 % change on previous year +388.0%
1993 155.17 % change on previous year +216.9%
1994 -9.07 % change on previous year -105.8%
1995 39.95 % change on previous year -540.7%
1996 21.73 % change on previous year -45.6%
1997 54.96 % change on previous year +152.9%
1998 26.28 % change on previous year -52.2%
1999 43.18 % change on previous year +64.4%
2000 1.37 % change on previous year -96.8%
2001 0.1592 % change on previous year -88.4%
2002 14.9 % change on previous year +9261.2%
2003 14.39 % change on previous year -3.4%
2004 8.62 % change on previous year -40.1%
2005 8.76 % change on previous year +1.5%
2006 5.88 % change on previous year -32.9%
2007 -3.39 % change on previous year -157.6%
2008 -3.15 % change on previous year -7.0%
2009 -3.8 % change on previous year +20.8%
2010 1.45 % change on previous year -138.2%
2011 -0.7444 % change on previous year -151.2%
2012 3.24 % change on previous year -535.0%
2013 2.03 % change on previous year -37.4%
2014 -2.52 % change on previous year -224.2%
2015 -2.19 % change on previous year -13.1%
2016 1.68 % change on previous year -176.6%
2017 6 % change on previous year +257.8%
2018 14.2 % change on previous year +136.7%
2019 14.95 % change on previous year +5.3%
2020 9.76 % change on previous year -34.7%
2021 3.8 % change on previous year -61.0%
2022 36.42 % change on previous year +857.4%
2023 26.85 % change on previous year -26.3%
2024 1.71 % change on previous year -93.6%

Nicaragua compared with similar countries

  • Nicaragua's 1.71 % change on previous year is above the median for lower middle income countries, which is -0.8794 % change on previous year. (47 countries reporting)
  • Nicaragua's 1.71 % change on previous year is above the median for Latin America & Caribbean, which is -1.88 % change on previous year. (35 countries reporting)

Biggest year-on-year movements

Years where Remittances, annual growth rate in Nicaragua changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2002 +9261.2% 0.1592 % change on previous year 14.9 % change on previous year
2022 +857.4% 3.8 % change on previous year 36.42 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 29.5 % change on previous year 10.03 % change on previous year 48.97 % change on previous year 2
1990s 47.46 % change on previous year -9.07 % change on previous year 155.17 % change on previous year 7
2000s 4.37 % change on previous year -3.8 % change on previous year 14.9 % change on previous year 10
2010s 3.81 % change on previous year -2.52 % change on previous year 14.95 % change on previous year 10
2020s 15.71 % change on previous year 1.71 % change on previous year 36.42 % change on previous year 5

Countries ranked near Nicaragua

  1. 66 Bosnia and Herzegovina 1.88 % change on previous year compare
  2. 67 Gambia 1.78 % change on previous year compare
  3. 68 Saudi Arabia 1.73 % change on previous year compare
  4. 70 Colombia 1.66 % change on previous year compare
  5. 71 Croatia 1.61 % change on previous year compare
  6. 72 Senegal 1.6 % change on previous year compare

See the full ranking of 189 places →

More reference data data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is remittances, annual growth rate in Nicaragua?
Remittances, annual growth rate in Nicaragua was 1.71 % change on previous year in 2024, according to Statizoid (derived).
What is the highest remittances, annual growth rate recorded in Nicaragua?
The highest recorded value was 155.17 % change on previous year in 1993.
What is the lowest remittances, annual growth rate recorded in Nicaragua?
The lowest recorded value was -9.07 % change on previous year in 1994.
How does Nicaragua rank for remittances, annual growth rate?
Nicaragua ranks 69th out of 189 countries with data for 2024.
Is remittances, annual growth rate rising or falling in Nicaragua?
Over the last ten years it is up 168.0%. The long-run trend across the full record is volatile.
Where does this Nicaragua data come from?
The figures come from Statizoid (derived), published as part of Remittances, annual growth rate. Statizoid updates them automatically from the source API.

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Remittances, annual growth rate in Nicaragua. Statizoid, drawing on Statizoid (derived). Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances-annual-growth-rate/nicaragua/

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How this figure is calculated

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Remittances, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
189 places, 6,804 data points, 1971–2025
Last refreshed

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.