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
Money sent or brought back by migrants as a share of GDP in Nicaragua, 1977–2024
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
| 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
| Decade | Average | Lowest | Highest | 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
More population data for Nicaragua
- Un population 2024 vs 2022, annual growth rate -0.3894 % change on previous year (2100)
- Population long run with projections, annual growth rate -0.4231 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -1.18 % change on previous year (2050)
- Population regions with projections, annual growth rate -0.4231 % change on previous year (2100)
- Population growth rate, by level of development -0.4% (2100)
- Number of children under 5, by world region 394,954 people (2100)
- Population density 71.56 people per km² (2100)
- World population growth -0.4% (2100)
- Projected population under age 5, annual growth rate -0.7708 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 1.15 Percent per annum (2030)
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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About this data
Money sent or brought back by migrants refers to remittances a country has received in this year.