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Workers' Remittances, Received (USD) rose 15.9% to USD 2,151 mil in Nicaragua in 2021

Workers' Remittances, Received (USD) (USD mil), 2021
Economy | Nicaragua | March 1, 2023
$2.99
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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