Commercial service imports (current US$) in Nicaragua
Nicaragua: Commercial service imports was 1.28 billion current US$ in 2024. ◆ Volatile
Commercial service imports in Nicaragua, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2024, commercial service imports in Nicaragua stood at 1.28 billion current US$. That is the highest value across all 48 years on record.
That represents a change of up 15.9% on the previous year and up 33.4% over ten years.
Over the whole period, commercial service imports in Nicaragua peaked at 1.28 billion current US$ in 2024 and was at its lowest, 58.00 million current US$, in 1989.
That places Nicaragua 141st out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service imports in Nicaragua, year by year
| Year | current US$ | Change |
|---|---|---|
| 1977 | 134.20 million current US$ | — |
| 1978 | 100.30 million current US$ | -25.3% |
| 1979 | 99.40 million current US$ | -0.9% |
| 1980 | 91.70 million current US$ | -7.7% |
| 1981 | 97.00 million current US$ | +5.8% |
| 1982 | 82.70 million current US$ | -14.7% |
| 1983 | 100.70 million current US$ | +21.8% |
| 1984 | 122.90 million current US$ | +22.0% |
| 1985 | 129.60 million current US$ | +5.5% |
| 1986 | 159.10 million current US$ | +22.8% |
| 1987 | 160.50 million current US$ | +0.9% |
| 1988 | 138.10 million current US$ | -14.0% |
| 1989 | 58.00 million current US$ | -58.0% |
| 1990 | 73.30 million current US$ | +26.4% |
| 1991 | 76.60 million current US$ | +4.5% |
| 1992 | 115.60 million current US$ | +50.9% |
| 1993 | 106.20 million current US$ | -8.1% |
| 1994 | 159.40 million current US$ | +50.1% |
| 1995 | 207.30 million current US$ | +30.1% |
| 1996 | 239.00 million current US$ | +15.3% |
| 1997 | 226.70 million current US$ | -5.1% |
| 1998 | 253.00 million current US$ | +11.6% |
| 1999 | 318.70 million current US$ | +26.0% |
| 2000 | 334.10 million current US$ | +4.8% |
| 2001 | 346.20 million current US$ | +3.6% |
| 2002 | 336.10 million current US$ | -2.9% |
| 2003 | 353.30 million current US$ | +5.1% |
| 2004 | 385.10 million current US$ | +9.0% |
| 2005 | 423.60 million current US$ | +10.0% |
| 2006 | 557.90 million current US$ | +31.7% |
| 2007 | 650.40 million current US$ | +16.6% |
| 2008 | 743.50 million current US$ | +14.3% |
| 2009 | 663.70 million current US$ | -10.7% |
| 2010 | 693.20 million current US$ | +4.4% |
| 2011 | 820.70 million current US$ | +18.4% |
| 2012 | 871.00 million current US$ | +6.1% |
| 2013 | 1.05 billion current US$ | +20.0% |
| 2014 | 958.60 million current US$ | -8.3% |
| 2015 | 978.70 million current US$ | +2.1% |
| 2016 | 951.20 million current US$ | -2.8% |
| 2017 | 984.20 million current US$ | +3.5% |
| 2018 | 913.30 million current US$ | -7.2% |
| 2019 | 808.00 million current US$ | -11.5% |
| 2020 | 593.60 million current US$ | -26.5% |
| 2021 | 845.30 million current US$ | +42.4% |
| 2022 | 1.09 billion current US$ | +28.8% |
| 2023 | 1.10 billion current US$ | +1.4% |
| 2024 | 1.28 billion current US$ | +15.9% |
Nicaragua compared with similar countries
- Nicaragua's 1.28 billion current US$ is below the median for lower middle income countries, which is 2.37 billion current US$, 54% of the median. (47 countries reporting)
- Nicaragua's 1.28 billion current US$ is below the median for Latin America & Caribbean, which is 2.75 billion current US$, 47% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 111.30 million current US$ | 99.40 million current US$ | 134.20 million current US$ | 3 |
| 1980s | 114.03 million current US$ | 58.00 million current US$ | 160.50 million current US$ | 10 |
| 1990s | 177.58 million current US$ | 73.30 million current US$ | 318.70 million current US$ | 10 |
| 2000s | 479.39 million current US$ | 334.10 million current US$ | 743.50 million current US$ | 10 |
| 2010s | 902.43 million current US$ | 693.20 million current US$ | 1.05 billion current US$ | 10 |
| 2020s | 982.12 million current US$ | 593.60 million current US$ | 1.28 billion current US$ | 5 |
Countries ranked near Nicaragua
More private sector data for Nicaragua
- Merchandise trade 95.9% (2025)
- Food imports 16.6% (2024)
- Manufactures imports 68.6% (2024)
- Merchandise imports 12.43 billion current US$ (2025)
- Food exports 42.6% (2024)
- Manufactures exports 37.0% (2024)
- Merchandise exports 8.89 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,269 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3999 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 18.23 % change on previous year (2025)
Frequently asked questions
- What is commercial service imports in Nicaragua?
- Commercial service imports in Nicaragua was 1.28 billion current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest commercial service imports recorded in Nicaragua?
- The highest recorded value was 1.28 billion current US$ in 2024.
- What is the lowest commercial service imports recorded in Nicaragua?
- The lowest recorded value was 58.00 million current US$ in 1989.
- How does Nicaragua rank for commercial service imports?
- Nicaragua ranks 141st out of 200 countries with data for 2024.
- Is commercial service imports rising or falling in Nicaragua?
- Over the last ten years it is up 33.4%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Commercial service imports (current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Commercial service imports are total service imports minus imports of government services not included elsewhere. Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.