Workers' remittances received as a share of GDP rose 4.13% to 0.153% in Nicaragua in 2021, according to the National Statistical Office.
Historically, workers' remittances received as a share of GDP in Nicaragua reached an all time high of 0.153% in 2021 and an all time low of 0.002% in 1977. When compared to Nicaragua's main peers, workers' remittances received as a share of GDP in Costa Rica amounted to 0.009%, 0.261% in El Salvador, 0.253% in Honduras and 0.043% in Mexico in 2021.
Nicaragua has been ranked 13th within the group of 112 countries we follow in terms of workers' remittances received as a share of GDP, 15 places above the position seen 10 years ago.
| Workers' Remittances, Received (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
| Belize | % | 0.038% | 0.043% | 0.039% | 0.040% | 0.040% | ||||||||||||||||
| Costa Rica | % | 0.010% | 0.009% | 0.009% | 0.009% | 0.009% | ||||||||||||||||
| El Salvador | % | 0.182% | 0.189% | 0.200% | 0.207% | 0.210% | ||||||||||||||||
| Guatemala | % | 0.104% | 0.111% | 0.117% | 0.129% | 0.138% | ||||||||||||||||
| Honduras | % | 0.175% | 0.178% | 0.187% | 0.198% | 0.215% | ||||||||||||||||
| Mexico | % | 0.022% | 0.027% | 0.028% | 0.029% | 0.031% | ||||||||||||||||
| Nicaragua | % | 0.094% | 0.095% | 0.101% | 0.116% | 0.134% | ||||||||||||||||
| Panama | % | 0.010% | 0.009% | 0.009% | 0.008% | 0.009% | ||||||||||||||||
| USA | % | < 0.001% | < 0.001% | < 0.001% | < 0.001% | < 0.001% |
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