Remittances in Nicaragua

Nicaragua: Remittances was 26.63 in 2024. ◆ Volatile

Latest (2024)
26.63
Change on year
up 1.7%
World rank
6th
of 194 countries
All-time high
26.63
in 2024
All-time low
0.1751
in 1977
Years of data
36
1977–2024

Remittances in Nicaragua, 1977–2024

01020301977200020241977: 0.1751978: 0.1931979: 0.2871992: 0.5581993: 1.41994: 1.31995: 1.81996: 2.21997: 3.41998: 4.31999: 6.22000: 6.32001: 6.32002: 7.22003: 8.22004: 92005: 9.72006: 10.32007: 102008: 9.62009: 9.32010: 9.42011: 9.32012: 9.62013: 9.82014: 9.62015: 9.42016: 9.52017: 10.12018: 11.62019: 13.32020: 14.62021: 15.12022: 20.62023: 26.22024: 26.6

Source: Our World in Data.

Analysis

In 2024, remittances in Nicaragua stood at 26.63. That is the highest value across all 36 years on record.

The figure is up 1.7% on the previous year and up 177.5% over ten years.

Over the whole period, remittances in Nicaragua peaked at 26.63 in 2024 and was at its lowest, 0.1751, in 1977.

Nicaragua ranks 6th of 194 countries on this measure, in the top 10%.

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

Remittances in Nicaragua, year by year

Annual values for Remittances in Nicaragua, 1977 to 2024.
Year Value Change
1977 0.1751 —
1978 0.1927 +10.0%
1979 0.2871 +49.0%
1992 0.5578 +94.3%
1993 1.42 +155.2%
1994 1.29 -9.1%
1995 1.81 +40.0%
1996 2.21 +21.7%
1997 3.42 +55.0%
1998 4.31 +26.3%
1999 6.18 +43.2%
2000 6.26 +1.4%
2001 6.27 +0.2%
2002 7.21 +14.9%
2003 8.24 +14.4%
2004 8.96 +8.6%
2005 9.74 +8.8%
2006 10.31 +5.9%
2007 9.96 -3.4%
2008 9.65 -3.1%
2009 9.28 -3.8%
2010 9.42 +1.5%
2011 9.35 -0.7%
2012 9.65 +3.2%
2013 9.85 +2.0%
2014 9.6 -2.5%
2015 9.39 -2.2%
2016 9.54 +1.7%
2017 10.12 +6.0%
2018 11.55 +14.2%
2019 13.28 +14.9%
2020 14.58 +9.8%
2021 15.13 +3.8%
2022 20.64 +36.4%
2023 26.18 +26.9%
2024 26.63 +1.7%

Nicaragua compared with similar countries

  • Nicaragua's 26.63 is above the median for lower middle income countries, which is 6.01, 4.4× the median. (47 countries reporting)
  • Nicaragua's 26.63 is above the median for Latin America & Caribbean, which is 2.87, 9.3× the median. (37 countries reporting)

Biggest year-on-year movements

Years where Remittances 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
1993 +155.2% 0.5578 1.42
1992 +94.3% 0.2871 0.5578

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.2183 0.1751 0.2871 3
1990s 2.65 0.5578 6.18 8
2000s 8.59 6.26 10.31 10
2010s 10.17 9.35 13.28 10
2020s 20.63 14.58 26.63 5

Countries ranked near Nicaragua

  1. 3 Lebanon 33.35 compare
  2. 4 Honduras 30.12 compare
  3. 5 El Salvador 27.51 compare
  4. 7 Nepal 25.99 compare
  5. 8 Bermuda 23.66 compare
  6. 9 Marshall Islands 23.48 compare

See the full ranking of 194 places →

More reference data data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is remittances in Nicaragua?
Remittances in Nicaragua was 26.63 in 2024, according to Our World in Data.
What is the highest remittances recorded in Nicaragua?
The highest recorded value was 26.63 in 2024.
What is the lowest remittances recorded in Nicaragua?
The lowest recorded value was 0.1751 in 1977.
How does Nicaragua rank for remittances?
Nicaragua ranks 6th out of 194 countries with data for 2024.
Is remittances rising or falling in Nicaragua?
Over the last ten years it is up 177.5%. The long-run trend across the full record is volatile.
Where does this Nicaragua data come from?
The figures come from Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.

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Remittances in Nicaragua. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances/nicaragua/

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About this data

Indicator
Remittances
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 7,088 data points, 1970–2025
Last refreshed