Nicaragua's ICT service exports (BoP, current US$) was US$252.3 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 62.88% from US$154.9 million in 2014 (5% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$252.3 million | 2024 |
| Five years earlier | US$196 million | 2019 |
| Ten years earlier | US$154.9 million | 2014 |
| Highest | US$293.1 million | 2022 |
| Lowest | US$19.6 million | 1997 |
| Average since 2015 | US$215.11 million | 2015–2024 |
| First recorded | US$25.3 million |
What the numbers say
In 2024, Nicaragua's ICT service exports (BoP, current US$) fell 10% on 2023 (from US$280.4 million to US$252.3 million).
Across the 29 yearly changes before that (1995 to 2023), the average change was +12.2% and a typical year strayed about 38.7% from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 203.9% in 2008 and the biggest yearly fall was 23.7% in 1997. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about US$13.47 million a year. A straight line explains 77% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Nicaragua had the 4th highest value of the 28 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Nicaragua | US$252.3 million | 2024 |
| World | US$1.28 trillion | 2024 |
| Latin America & Caribbean | US$19.95 billion | 2024 |
| Lower middle income | US$190.72 billion | 2024 |
Closest to Nicaragua in the 2024 ranking
- Hong Kong SAR, China — 1st of 28: US$4.07 billion
- Malta — 2nd of 28: US$448.44 million
- Kyrgyz Republic — 3rd of 28: US$383.41 million
- Cameroon — 5th of 28: US$189.16 million
- Mali — 6th of 28: US$172.16 million
- Mauritius — 7th of 28: US$171.03 million
What this measures
Information and communication technology service exports include computer and communications services (telecommunications and postal and courier services) and information services (computer data and news-related service transactions). Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 31 values
| Year | ICT service exports (BoP, current US$) |
|---|---|
| 2024 | 252,300,000 |
| 2023 | 280,400,000 |
| 2022 | 293,100,000 |
| 2021 | 227,400,000 |
| 2020 | 187,600,000 |
| 2019 | 196,000,000 |
| 2018 | 203,500,000 |
| 2017 | 174,000,000 |
| 2016 | 180,400,000 |
| 2015 | 156,400,000 |
| 2014 |
ICT service exports (BoP, current US$) in nearby economies
- Antigua and Barbuda — US$6.62 million (2025)
- Argentina — US$2.92 billion (2025)
- Aruba — US$19.77 million (2023)
- Barbados — US$3.44 million (2017)
- Belize — US$123.3 million (2025)
- Bolivia — US$41.65 million (2025)
- Brazil — US$7.44 billion (2025)
- Chile — US$764.07 million (2025)
- Colombia — US$2.29 billion (2025)
- Costa Rica — US$2.67 billion (2025)
- Curaçao
More infrastructure data for Nicaragua
- Fixed telephone subscriptions — 244,832 (2024)
- Fixed telephone subscriptions (per 100 people) — 3.54 (2024)
- Mobile cellular subscriptions — 7.33 million (2024)
- Mobile cellular subscriptions (per 100 people) — 105.96 (2024)
- Medium and high-tech exports (% manufactured exports) — 21.39% (2024)
- Individuals using the Internet (% of population) — 61.4% (2024)
- ICT service exports (% of service exports, BoP) — 19.44% (2024)
- Scientific and technical journal articles — 40.65 (2023)
- Fixed broadband subscriptions — 399,493 (2024)
Reading data like this
Questions people ask
- What is Nicaragua's ICT service exports (BoP, current US$)?
- US$252.3 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1994?
- It is up 897.23% from US$25.3 million in 1994 (7.97% a year on average, compounded). The highest value was US$293.1 million in 2022 and the lowest US$19.6 million in 1997.
- How does Nicaragua rank?
- 4th highest of 28 economies with data for 2024.
- Is the latest change in ICT service exports (BoP, current US$) unusual for Nicaragua?
- In 2024, Nicaragua's ICT service exports (BoP, current US$) fell 10% on 2023 (from US$280.4 million to US$252.3 million). Across the 29 yearly changes before that (1995 to 2023), the average change was +12.2% and a typical year strayed about 38.7% from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator BX.GSR.CCIS.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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