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Nicaragua Trade Balance

External balance on goods and services  NE.RSB.GNFS.CD

Nicaragua's trade balance was $-4.0B in 2025, ranked 138th globally. This represents a 15.3% decrease from 2024. Data from World Bank, covering 1960–2025.

$-4.0B −$528.7M (-15.3%)
Year 2025 Rank #138 Global Peak $217.8M (1979) Source World Bank

Nicaragua Trade Balance (1960–2025)

Overview

Nicaragua's trade balance stood at $-4.0B in 2025, a decline of +$528.7M from 2024. Based on recent trends, this figure is projected to reach $-4.0B by 2025. Nicaragua ranked 138th globally.

Nicaragua’s trade balance has deteriorated sharply, reaching a deficit of -3,994,774,331.96 in 2025, which places the country at rank 138 globally and marks the all‑time trough after 66 years of coverage. By contrast, the nation recorded a modest surplus of 217,774,398.33 in 1979, its historical peak, indicating that the current deficit is more than eighteen times larger than the highest surplus ever achieved. The persistent widening of the gap between exports and imports mirrors a pattern observed in other small, open economies such as Kosovo, which posted a deficit of -3,637,826,525.91 in the same year, and Namibia, with -4,089,527,314.16. The early 1960s baseline of -5,717,041.03 shows that Nicaragua has moved from a near‑balanced position to a deep and sustained deficit. Continued reliance on imported inputs and limited diversification of export markets suggest the deficit may persist unless structural reforms boost export competitiveness and reduce import dependence.

Data & projection

Year Trade Balance YoY change Rank
2027* trend $-5.2B - -
2026* trend $-4.6B - -
2025* trend $-4.0B - -
2025 $-4.0B −$528.7M #138
2024 $-3.5B −$1.1B #39
2023 $-2.4B +$79.9M #49
2022 $-2.4B −$545.0M #60
2021 $-1.9B −$1.2B #53
2020 $-654.9M −$91.9M #78
2019 $-563.0M +$665.3M #78
2018 $-1.2B +$660.7M #68
2017 $-1.9B +$243.3M #48
2016 $-2.1B +$167.2M #52
2015 $-2.3B −$317.7M #61
2014 $-2.0B +$275.7M #65
2013 $-2.3B −$126.1M #60
2012 $-2.1B −$1.4M #59
2011 $-2.1B −$428.4M #52
Show all years (1960-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +12.1% GDP growth 3.6% C/A balance 4.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Nicaragua matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw trade balance improve within 24 months. View full analysis →

Frequently Asked Questions

What is Nicaragua's trade balance?▾

Nicaragua's trade balance was $-4.0B in 2025. Ranked 138th globally. This represents a 15.3% decrease from the previous year.

What was the highest trade balance in Nicaragua?▾

Nicaragua's trade balance peaked at $217.8M in 1979.

What was the lowest trade balance in Nicaragua?▾

The lowest trade balance in Nicaragua was $-4.0B in 2025.

How does Nicaragua rank in trade balance?▾

Nicaragua ranks 138th globally in trade balance as of 2025.

What is the World Bank indicator code for trade balance?▾

The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.

What is the projected trade balance of Nicaragua in 2025?▾

Nicaragua's trade balance is projected to reach $-4.0B by 2025 based on trend extrapolation.

What is the trade balance of Nicaragua in 2025?▾

The trade balance of Nicaragua in 2025 was $-4.0B. This ranks 138th in the world.

Cite this page

APA
Nicaragua Trade Balance. HistorySaid. Retrieved October 29, 2026, from https://historysaid.com/nicaragua/trade-balance/
BibTeX
@misc{historysaid_nicaragua_trade-balance, title = {Nicaragua Trade Balance}, url = {https://historysaid.com/nicaragua/trade-balance/}, publisher = {HistorySaid}, year = {2026} }
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