Exports of services as a part of balance of payment rose 11.7% to USD 1.56 bil in Nicaragua in 2017, according to the National Statistical Office.
Historically, exports of services as a part of balance of payment in Nicaragua reached an all time high of USD 1.56 bil in 2017 and an all time low of USD 0.022 bil in 1989. When compared to Nicaragua's main peers, exports of services as a part of balance of payment in Costa Rica amounted to USD 8.70 bil, USD 2.56 bil in El Salvador, USD 2.87 bil in Honduras and USD 27.6 bil in Mexico in 2017.
Nicaragua has been ranked 106th within the group of 154 countries we follow in terms of exports of services as a part of balance of payment, 13 places above the position seen 10 years ago.
Exports of Services (BoP, USD) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Belize | USD bil | 0.496 | 0.526 | 0.573 | 0.620 | 0.677 | ||||||||||||||||
Costa Rica | USD bil | 7.69 | 8.54 | 8.60 | 9.75 | 10.9 | ||||||||||||||||
El Salvador | USD bil | 2.48 | 2.55 | 2.56 | 2.83 | 3.31 | ||||||||||||||||
Guatemala | USD bil | 3.24 | 3.41 | 3.60 | 3.71 | 3.68 | ||||||||||||||||
Honduras | USD bil | 2.94 | 2.79 | 2.75 | 2.82 | 2.98 | ||||||||||||||||
Mexico | USD bil | 22.9 | 24.2 | 27.6 | 29.0 | 31.7 | ||||||||||||||||
Nicaragua | USD bil | 1.25 | 1.39 | 1.56 | 1.36 | 1.37 | ||||||||||||||||
Panama | USD bil | 11.9 | 12.3 | 13.3 | 13.8 | 14.0 | ||||||||||||||||
USA | USD bil | 769 | 783 | 837 | 866 | 891 |