Nicaragua's secondary income, other sectors, payments (BoP, current US$) was US$162.6 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 1,255% from US$12 million in 2019 (68.42% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$162.6 million | 2024 |
| Five years earlier | US$12 million | 2019 |
| Highest | US$195.6 million | 2022 |
| Lowest | US$100,000 | 1980 |
| Average since 2016 | US$77.27 million | 2016–2024 |
| First recorded | US$700,000 | 1977 |
Over five years it is up 1,255% from US$12 million in 2019 (68.42% a year on average, compounded). Since 1977 it is up 23,129% from US$700,000 in 1977 (12.29% a year on average, compounded). The World Bank has no value for 33 of the years in between; the chart leaves those gaps open rather than joining across them.
What the numbers say
In 2024, Nicaragua's secondary income, other sectors, payments (BoP, current US$) rose 10.3% on 2023 (from US$147.4 million to US$162.6 million).
Across the 12 yearly changes before that (1978 to 2023), the average change was +64.8% and a typical year strayed about 263.8% from that (the standard deviation). This year's change was 0.2 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 896.7% in 2021 and the biggest yearly fall was 66.7% in 1979. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2024 the straight-line trend is upward, about US$24.23 million a year. A straight line explains 73% of the movement over 9 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 14th highest value of the 29 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$162.6 million | 2024 |
| World | US$1.27 trillion | 2024 |
| Latin America & Caribbean | US$34.73 billion | 2024 |
| Lower middle income | US$24.29 billion | 2024 |
Closest to Nicaragua in the 2024 ranking
What this measures
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 15 values
| Year | Secondary income, other sectors, payments (BoP, current US$) |
|---|---|
| 2024 | 162,600,000 |
| 2023 | 147,400,000 |
| 2022 | 195,600,000 |
| 2021 | 120,600,000 |
| 2020 | 12,100,000 |
| 2019 | 12,000,000 |
| 2018 | 13,000,000 |
| 2017 | 16,000,000 |
| 2016 | 16,100,000 |
| 2015 | no data |
Secondary income, other sectors, payments (BoP, current US$) in nearby economies
- Antigua and Barbuda — US$144.77 million (2025)
- Argentina — US$1.53 billion (2025)
- Aruba — US$191.6 million (2023)
- Bahamas, The — US$287.45 million (2024)
- Barbados — US$87.47 million (2017)
- Belize — US$41.98 million (2025)
- Bolivia — US$146.76 million (2025)
- Brazil — US$2.66 billion (2025)
- Chile — US$4.74 billion (2025)
More economic policy & debt data for Nicaragua
- General government final consumption expenditure (current US$) — US$2.53 billion (2025)
- General government final consumption expenditure (current LCU) — 92.55 billion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$2.07 billion (2025)
- General government final consumption expenditure (constant LCU) — 29.48 billion (2025)
- General government final consumption expenditure (% of GDP) — 11.36% (2025)
- Households and NPISHs final consumption expenditure (constant 2015 US$) — US$13.16 billion (2025)
- Households and NPISHs final consumption expenditure (constant LCU) — 195.05 billion (2025)
- Households and NPISHs final consumption expenditure per capita (constant 2015 US$)
Reading data like this
Questions people ask
- What is Nicaragua's secondary income, other sectors, payments (BoP, current US$)?
- US$162.6 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1977?
- It is up 23,129% from US$700,000 in 1977 (12.29% a year on average, compounded). The highest value was US$195.6 million in 2022 and the lowest US$100,000 in 1980.
- How does Nicaragua rank?
- 14th highest of 29 economies with data for 2024.
- Is the latest change in secondary income, other sectors, payments (BoP, current US$) unusual for Nicaragua?
- In 2024, Nicaragua's secondary income, other sectors, payments (BoP, current US$) rose 10.3% on 2023 (from US$147.4 million to US$162.6 million). Across the 12 yearly changes before that (1978 to 2023), the average change was +64.8% and a typical year strayed about 263.8% from that (the standard deviation). This year's change was 0.2 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 BM.TRF.PRVT.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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