Workers' remittances paid reached 1.60 USD mil in 2017 in Nicaragua, according to the National Statistical Office. This is the same as in the previous year.
Historically, workers' remittances paid in Nicaragua reached an all time high of 5.10 USD mil in 1978 and an all time low of 1.20 USD mil in 2008. When compared to Nicaragua's main peers, workers' remittances paid in Costa Rica amounted to 442 USD mil, 170 USD mil in El Salvador, 65.1 USD mil in Honduras and 806 USD mil in Mexico in 2017.
Nicaragua has been ranked 142nd within the group of 142 countries we follow in terms of workers' remittances paid.
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by non-resident workers.