Nicaragua Remittances

Personal remittances received, current US dollars.

Remittances in Nicaragua increased to 5.25 USD billion in 2024 from 4.66 USD billion in 2023.

$5.25B
▲ +0.582024 · previous $4.66BAnnual · US$ billion · Source: World Bank — World Development Indicators

Nicaragua Remittances — History

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Nicaragua Remittances — analysis in simple words

Latest reading

Remittances in Nicaragua increased to 5.25 USD billion in 2024 from 4.66 USD billion in 2023.

It has risen in each of the last three years.

Recent trend

A year earlier (2023) it was $4.66B, so the latest figure is $0.58B higher.

Over the past five years the average was $3.43B, with a range from $1.86B to $5.25B. The latest value is above that five-year average.

Historical context

This data series starts in 1977 and has 36 annual observations. The latest reading is higher than 97% of all of them.

The highest value on record is $5.25B (2024) and the lowest is $0.00B (1977). The long-run average is $0.99B.

Compared with other countries

Among 180 economies with recent data, Nicaragua ranks 41st from the top. The median across all these economies is $1.02B, so Nicaragua is above the typical country.

Within Latin America & Caribbean (35 economies with data) it ranks 9th; the regional median is $0.63B.

Statistics

Latest
$5.25B2024
Previous
$4.66B
5-year average
$3.43B
Long-run average
$0.99Bsince 1977
All-time high
$5.25B2024
All-time low
$0.00B1977
Observations
36Annual

Recent Data

PeriodValueChange
2024$5.25B▲ +0.58
2023$4.66B▲ +1.44
2022$3.23B▲ +1.08
2021$2.15B▲ +0.29
2020$1.86B▲ +0.17
2019$1.69B▲ +0.18
2018$1.50B▲ +0.11
2017$1.39B▲ +0.13
2016$1.27B▲ +0.07
2015$1.20B▲ +0.06
2014$1.14B▲ +0.06
2013$1.08B▲ +0.07
2012$1.02B▲ +0.10
2011$0.91B▲ +0.09
2010$0.82B▲ +0.05
2009$0.77B▼ −0.05
2008$0.82B▲ +0.08
2007$0.74B▲ +0.04
2006$0.70B▲ +0.08
2005$0.62B▲ +0.10
2004$0.52B▲ +0.08
2003$0.44B▲ +0.06
2002$0.38B▲ +0.04
2001$0.34B▲ +0.02
2000$0.32B▲ +0.02
1999$0.30B▲ +0.10
1998$0.20B▲ +0.05
1997$0.15B▲ +0.06
1996$0.10B▲ +0.02
1995$0.08B

Remittances — Nicaragua vs Peers

Latest available reading for each economy (periods may differ). Nicaragua highlighted.

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More Nicaragua indicators

Understanding Remittances — a simple guide

What it measures

Personal remittances received from workers abroad, in current US dollars.

How it is calculated

Money sent home by citizens working abroad, in US dollars.

Simple example

Workers in the Gulf sending money to families in India are counted here.

▲ When it is high or rising

High remittances support household income and the current account.

▼ When it is low or falling

Low remittances mean less income from abroad.

Why it matters for the economy and markets

Remittances are a large and stable source of foreign income for many emerging economies.

How to read it

They tend to be counter-cyclical, rising when the home economy is under stress.

Data source

World Bank — World Development Indicators (series BX.TRF.PWKR.CD.DT), annual data from 1977 to 2024. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current remittances of Nicaragua?
Nicaragua remittances was $5.25B in 2024, compared with $4.66B in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest remittances of Nicaragua?
Since 1977, the highest reading was $5.25B (2024) and the lowest was $0.00B (1977).
What does remittances measure?
Personal remittances received from workers abroad, in current US dollars.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.