Workers' remittances received rose 15.9% to USD 2,151 mil in Nicaragua in 2021, according to the National Statistical Office.
Historically, workers' remittances received in Nicaragua reached an all time high of USD 2,151 mil in 2021 and an all time low of USD 3.90 mil in 1977. When compared to Nicaragua's main peers, workers' remittances received in Costa Rica amounted to USD 594 mil, USD 7,488 mil in El Salvador, USD 7,203 mil in Honduras and USD 54,130 mil in Mexico in 2021.
Nicaragua has been ranked 54th within the group of 113 countries we follow in terms of workers' remittances received, 26 places above the position seen 10 years ago.
Workers' Remittances, Received (USD) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Belize | USD mil | 84.7 | 96.7 | 90.2 | 92.5 | 96.8 | ||||||||||||||||
Costa Rica | USD mil | 552 | 545 | 560 | 534 | 553 | ||||||||||||||||
El Salvador | USD mil | 4,275 | 4,562 | 4,996 | 5,392 | 5,657 | ||||||||||||||||
Guatemala | USD mil | 6,482 | 7,363 | 8,394 | 9,438 | 10,656 | ||||||||||||||||
Honduras | USD mil | 3,666 | 3,864 | 4,323 | 4,777 | 5,401 | ||||||||||||||||
Mexico | USD mil | 26,233 | 28,691 | 32,271 | 35,768 | 39,022 | ||||||||||||||||
Nicaragua | USD mil | 1,198 | 1,268 | 1,395 | 1,505 | 1,686 | ||||||||||||||||
Panama | USD mil | 554 | 503 | 533 | 538 | 581 | ||||||||||||||||
USA | USD mil | 6,578 | 6,330 | 6,347 | 6,941 | 7,049 |