Travel services in Nicaragua
Nicaragua: Travel services was 42.9% in 2024. ▲ Rising
Travel services in Nicaragua, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
In 2024, travel services in Nicaragua stood at 42.9%.
The figure is down 15.8% on the previous year and up 6.7% over ten years.
Over the whole period, travel services in Nicaragua peaked at 58.0% in 2006 and was at its lowest, 14.4%, in 1988.
Nicaragua ranks 90th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 48 years of available data.
Travel services in Nicaragua, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1977 | 46.2% | — |
| 1978 | 39.7% | -14.1% |
| 1979 | 37.0% | -6.7% |
| 1980 | 52.7% | +42.2% |
| 1981 | 54.3% | +3.2% |
| 1982 | 54.3% | +0.0% |
| 1983 | 35.1% | -35.4% |
| 1984 | 38.6% | +9.9% |
| 1985 | 18.3% | -52.5% |
| 1986 | 26.4% | +44.3% |
| 1987 | 30.8% | +16.7% |
| 1988 | 14.4% | -53.2% |
| 1989 | 26.1% | +80.5% |
| 1990 | 35.5% | +36.1% |
| 1991 | 33.3% | -6.2% |
| 1992 | 46.0% | +38.4% |
| 1993 | 57.4% | +24.7% |
| 1994 | 43.0% | -25.0% |
| 1995 | 40.8% | -5.3% |
| 1996 | 37.0% | -9.3% |
| 1997 | 42.8% | +15.8% |
| 1998 | 45.2% | +5.5% |
| 1999 | 49.1% | +8.5% |
| 2000 | 47.8% | -2.5% |
| 2001 | 45.7% | -4.4% |
| 2002 | 44.5% | -2.6% |
| 2003 | 45.2% | +1.4% |
| 2004 | 46.1% | +2.0% |
| 2005 | 41.8% | -9.3% |
| 2006 | 58.0% | +38.7% |
| 2007 | 57.0% | -1.7% |
| 2008 | 43.1% | -24.4% |
| 2009 | 51.2% | +18.8% |
| 2010 | 42.9% | -16.3% |
| 2011 | 43.4% | +1.2% |
| 2012 | 42.4% | -2.2% |
| 2013 | 40.8% | -3.9% |
| 2014 | 40.2% | -1.3% |
| 2015 | 45.6% | +13.3% |
| 2016 | 49.4% | +8.3% |
| 2017 | 57.4% | +16.2% |
| 2018 | 43.3% | -24.6% |
| 2019 | 40.7% | -5.9% |
| 2020 | 22.4% | -44.9% |
| 2021 | 18.8% | -16.2% |
| 2022 | 41.0% | +118.3% |
| 2023 | 51.0% | +24.3% |
| 2024 | 42.9% | -15.8% |
Nicaragua compared with similar countries
- Nicaragua's 42.9% is above the median for lower middle income countries, which is 38.2%, 1.1× the median. (47 countries reporting)
- Nicaragua's 42.9% is below the median for Latin America & Caribbean, which is 54.9%, 78% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 41.0% | 37.0% | 46.2% | 3 |
| 1980s | 35.1% | 14.4% | 54.3% | 10 |
| 1990s | 43.0% | 33.3% | 57.4% | 10 |
| 2000s | 48.0% | 41.8% | 58.0% | 10 |
| 2010s | 44.6% | 40.2% | 57.4% | 10 |
| 2020s | 35.2% | 18.8% | 51.0% | 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 travel services in Nicaragua?
- Travel services in Nicaragua was 42.9% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Nicaragua?
- The highest recorded value was 58.0% in 2006.
- What is the lowest travel services recorded in Nicaragua?
- The lowest recorded value was 14.4% in 1988.
- How does Nicaragua rank for travel services?
- Nicaragua ranks 90th out of 198 countries with data for 2024.
- Is travel services rising or falling in Nicaragua?
- Over the last ten years it is up 6.7%. The long-run trend across the full record is rising.
- 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 Travel services (% of commercial service exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.