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Exports of Services (BoP, USD) rose 11.7% to USD 1.56 bil in Nicaragua in 2017

Exports of Services (BoP, USD) (USD bil), 2017
Economy | Nicaragua | July 20, 2020
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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