Money sent or brought back by migrants as a share of GDP in Nicaragua

Nicaragua: Money sent or brought back by migrants as a share of GDP was 26.6% in 2024. ◆ Volatile

Latest (2024)
26.6%
Change on year
up 1.7%
World rank
6th
of 194 countries
All-time high
26.6%
in 2024
All-time low
0.2%
in 1977
Years of data
36
1977–2024

Money sent or brought back by migrants as a share of GDP in Nicaragua, 1977–2024

01020301977200020241977: 0.175 % of GDP1978: 0.193 % of GDP1979: 0.287 % of GDP1992: 0.558 % of GDP1993: 1.4 % of GDP1994: 1.3 % of GDP1995: 1.8 % of GDP1996: 2.2 % of GDP1997: 3.4 % of GDP1998: 4.3 % of GDP1999: 6.2 % of GDP2000: 6.3 % of GDP2001: 6.3 % of GDP2002: 7.2 % of GDP2003: 8.2 % of GDP2004: 9 % of GDP2005: 9.7 % of GDP2006: 10.3 % of GDP2007: 10 % of GDP2008: 9.6 % of GDP2009: 9.3 % of GDP2010: 9.4 % of GDP2011: 9.3 % of GDP2012: 9.6 % of GDP2013: 9.8 % of GDP2014: 9.6 % of GDP2015: 9.4 % of GDP2016: 9.5 % of GDP2017: 10.1 % of GDP2018: 11.6 % of GDP2019: 13.3 % of GDP2020: 14.6 % of GDP2021: 15.1 % of GDP2022: 20.6 % of GDP2023: 26.2 % of GDP2024: 26.6 % of GDP

Source: World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

In 2024, money sent or brought back by migrants as a share of gdp in Nicaragua stood at 26.6%. That is the highest value across all 36 years on record.

The figure is up 1.7% on the previous year and up 177.5% over ten years.

Over the whole period, money sent or brought back by migrants as a share of gdp in Nicaragua peaked at 26.6% in 2024 and was at its lowest, 0.2%, in 1977.

That places Nicaragua 6th out of 194 countries with data for 2024, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Money sent or brought back by migrants as a share of GDP in Nicaragua, year by year

Annual values for Money sent or brought back by migrants as a share of GDP in Nicaragua, 1977 to 2024.
Year % of GDP Change
1977 0.2%
1978 0.2% +10.0%
1979 0.3% +49.0%
1992 0.6% +94.3%
1993 1.4% +155.2%
1994 1.3% -9.1%
1995 1.8% +40.0%
1996 2.2% +21.7%
1997 3.4% +55.0%
1998 4.3% +26.3%
1999 6.2% +43.2%
2000 6.3% +1.4%
2001 6.3% +0.2%
2002 7.2% +14.9%
2003 8.2% +14.4%
2004 9.0% +8.6%
2005 9.7% +8.8%
2006 10.3% +5.9%
2007 10.0% -3.4%
2008 9.6% -3.1%
2009 9.3% -3.8%
2010 9.4% +1.5%
2011 9.3% -0.7%
2012 9.6% +3.2%
2013 9.8% +2.0%
2014 9.6% -2.5%
2015 9.4% -2.2%
2016 9.5% +1.7%
2017 10.1% +6.0%
2018 11.6% +14.2%
2019 13.3% +14.9%
2020 14.6% +9.8%
2021 15.1% +3.8%
2022 20.6% +36.4%
2023 26.2% +26.9%
2024 26.6% +1.7%

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.2% 0.2% 0.3% 3
1990s 2.7% 0.6% 6.2% 8
2000s 8.6% 6.3% 10.3% 10
2010s 10.2% 9.3% 13.3% 10
2020s 20.6% 14.6% 26.6% 5

Countries ranked near Nicaragua

  1. 3 Lebanon 33.3% compare
  2. 4 Honduras 30.1% compare
  3. 5 El Salvador 27.5% compare
  4. 7 Nepal 26.0% compare
  5. 8 Bermuda 23.7% compare
  6. 9 Marshall Islands 23.5% compare

See the full ranking of 194 places →

More population data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is money sent or brought back by migrants as a share of gdp in Nicaragua?
Money sent or brought back by migrants as a share of gdp in Nicaragua was 26.6% in 2024, according to World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data.
What is the highest money sent or brought back by migrants as a share of gdp recorded in Nicaragua?
The highest recorded value was 26.6% in 2024.
What is the lowest money sent or brought back by migrants as a share of gdp recorded in Nicaragua?
The lowest recorded value was 0.2% in 1977.
How does Nicaragua rank for money sent or brought back by migrants as a share of gdp?
Nicaragua ranks 6th out of 194 countries with data for 2024.
Is money sent or brought back by migrants as a share of gdp rising or falling in Nicaragua?
Over the last ten years it is up 177.5%. The long-run trend across the full record is volatile.
Where does this Nicaragua data come from?
The figures come from World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data, published as part of Money sent or brought back by migrants as a share of GDP. Statizoid updates them automatically from the source API.

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Money sent or brought back by migrants as a share of GDP in Nicaragua. Statizoid, drawing on World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data. Retrieved 05 September 2026, from https://population.statizoid.com/stat/money-sent-or-brought-back-by-migrants-as-a-share-of-gdp/nicaragua/

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About this data

Indicator
Money sent or brought back by migrants as a share of GDP
Unit
% of GDP
Source
World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 7,088 data points, 1970–2025
Last refreshed

Money sent or brought back by migrants refers to remittances a country has received in this year.