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 26.63 in 2024. ◆ Volatile
Money sent or brought back by migrants as a share of gdp in Nicaragua, 1977–2024
Source: Our World in Data.
Analysis
In 2024, money sent or brought back by migrants as a share of gdp in Nicaragua stood at 26.63. 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 26.63 in 2024 and was at its lowest, 0.1751, 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 | Value | Change |
|---|---|---|
| 1977 | 0.1751 | — |
| 1978 | 0.1927 | +10.0% |
| 1979 | 0.2871 | +49.0% |
| 1992 | 0.5578 | +94.3% |
| 1993 | 1.42 | +155.2% |
| 1994 | 1.29 | -9.1% |
| 1995 | 1.81 | +40.0% |
| 1996 | 2.21 | +21.7% |
| 1997 | 3.42 | +55.0% |
| 1998 | 4.31 | +26.3% |
| 1999 | 6.18 | +43.2% |
| 2000 | 6.26 | +1.4% |
| 2001 | 6.27 | +0.2% |
| 2002 | 7.21 | +14.9% |
| 2003 | 8.24 | +14.4% |
| 2004 | 8.96 | +8.6% |
| 2005 | 9.74 | +8.8% |
| 2006 | 10.31 | +5.9% |
| 2007 | 9.96 | -3.4% |
| 2008 | 9.65 | -3.1% |
| 2009 | 9.28 | -3.8% |
| 2010 | 9.42 | +1.5% |
| 2011 | 9.35 | -0.7% |
| 2012 | 9.65 | +3.2% |
| 2013 | 9.85 | +2.0% |
| 2014 | 9.6 | -2.5% |
| 2015 | 9.39 | -2.2% |
| 2016 | 9.54 | +1.7% |
| 2017 | 10.12 | +6.0% |
| 2018 | 11.55 | +14.2% |
| 2019 | 13.28 | +14.9% |
| 2020 | 14.58 | +9.8% |
| 2021 | 15.13 | +3.8% |
| 2022 | 20.64 | +36.4% |
| 2023 | 26.18 | +26.9% |
| 2024 | 26.63 | +1.7% |
Nicaragua compared with similar countries
- Nicaragua's 26.63 is above the median for lower middle income countries, which is 6.01, 4.4× the median. (47 countries reporting)
- Nicaragua's 26.63 is above the median for Latin America & Caribbean, which is 2.87, 9.3× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Money sent or brought back by migrants as a share of gdp in Nicaragua changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +155.2% | 0.5578 | 1.42 |
| 1992 | +94.3% | 0.2871 | 0.5578 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2183 | 0.1751 | 0.2871 | 3 |
| 1990s | 2.65 | 0.5578 | 6.18 | 8 |
| 2000s | 8.59 | 6.26 | 10.31 | 10 |
| 2010s | 10.17 | 9.35 | 13.28 | 10 |
| 2020s | 20.63 | 14.58 | 26.63 | 5 |
Countries ranked near Nicaragua
More population data for Nicaragua
- Population regions 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 long run with projections, annual growth rate -0.4231 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.3894 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 9,095 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 1.15 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.7708 % change on previous year (2100)
- Population growth rate -0.43 (2100)
- Population density 71.56 (2100)
- Projected population under age 5 394,954 (2100)
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 26.63 in 2024, according to 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 26.63 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 0.1751 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 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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