Nicaragua - Trade in services (% of GDP)

Trade in services (% of GDP) in Nicaragua was 12.34 as of 2020. Its highest value over the past 43 years was 20.07 in 2013, while its lowest value was 4.93 in 1987.

Definition: Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1977 9.92
1978 8.44
1979 11.77
1980 6.76
1981 6.34
1982 5.85
1983 6.35
1984 6.36
1985 6.29
1986 6.54
1987 4.93
1988 6.67
1989 13.94
1990 17.05
1991 13.86
1992 13.08
1993 14.62
1994 7.74
1995 8.80
1996 9.93
1997 10.41
1998 11.23
1999 12.84
2000 12.81
2001 13.06
2002 13.25
2003 14.41
2004 14.87
2005 15.49
2006 15.57
2007 16.27
2008 18.32
2009 17.30
2010 17.64
2011 18.87
2012 18.98
2013 20.07
2014 18.52
2015 17.85
2016 18.04
2017 18.77
2018 17.78
2019 17.66
2020 12.34

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments