Nicaragua - External balance on goods and services

External balance on goods and services (current US$)

The latest value for External balance on goods and services (current US$) in Nicaragua was ($609,456,100) as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $212,252,600 in 1979 and ($2,366,675,000) in 2008.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 ($5,632,284)
1961 ($2,769,477)
1962 ($6,557,916)
1963 ($4,154,188)
1964 ($5,560,560)
1965 ($17,600,000)
1966 ($42,500,000)
1967 ($56,400,000)
1968 ($25,800,000)
1969 ($20,899,990)
1970 ($19,100,010)
1971 ($18,514,290)
1972 $49,742,860
1973 ($104,900,000)
1974 ($205,814,300)
1975 ($141,500,000)
1976 $21,300,020
1977 ($119,500,000)
1978 $67,699,980
1979 $212,252,600
1980 ($416,842,100)
1981 ($475,870,000)
1982 ($248,400,000)
1983 ($290,583,300)
1984 ($403,958,600)
1985 ($189,479,100)
1986 ($232,452,300)
1987 ($76,626,970)
1988 ($1,059,974,000)
1989 ($330,852,100)
1990 ($215,963,900)
1991 ($456,824,700)
1992 ($645,680,000)
1993 ($481,797,400)
1994 ($494,544,200)
1995 ($490,630,000)
1996 ($637,124,400)
1997 ($841,400,100)
1998 ($850,332,100)
1999 ($1,237,095,000)
2000 ($1,076,736,000)
2001 ($1,059,110,000)
2002 ($1,065,583,000)
2003 ($1,105,211,000)
2004 ($1,221,451,000)
2005 ($1,446,414,000)
2006 ($1,675,687,000)
2007 ($1,996,694,000)
2008 ($2,366,675,000)
2009 ($1,579,242,000)
2010 ($1,701,785,000)
2011 ($2,130,145,000)
2012 ($2,131,551,000)
2013 ($2,257,633,000)
2014 ($1,981,864,000)
2015 ($2,299,573,000)
2016 ($2,132,350,000)
2017 ($1,889,028,000)
2018 ($1,228,338,000)
2019 ($565,611,100)
2020 ($609,456,100)

External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Nicaragua was -20,930,000,000.000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 0.403 in 1979 and a minimum value of -62,679,000,000.000 in 2015.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 -0.012
1961 -0.006
1962 -0.014
1963 -0.009
1964 -0.012
1965 -0.025
1966 -0.059
1967 -0.079
1968 -0.036
1969 -0.029
1970 -0.027
1971 -0.026
1972 0.070
1973 -0.147
1974 -0.288
1975 -0.198
1976 0.030
1977 -0.167
1978 0.095
1979 0.403
1980 -0.792
1981 -0.952
1982 -0.571
1983 -0.697
1984 -1.171
1985 -1.630
1986 -7.020
1987 -10.728
1988 -26,077.260
1989 -999,200.000
1990 -33,474,400.000
1991 -2,215,600,000.000
1992 -3,228,400,000.000
1993 -2,948,600,000.000
1994 -3,323,337,000.000
1995 -3,694,444,000.000
1996 -5,374,144,000.000
1997 -7,949,633,000.000
1998 -8,998,299,000.000
1999 -14,610,100,000.000
2000 -13,663,770,000.000
2001 -14,238,460,000.000
2002 -15,184,560,000.000
2003 -16,693,110,000.000
2004 -19,457,720,000.000
2005 -24,203,280,000.000
2006 -29,443,000,000.000
2007 -36,836,000,000.000
2008 -45,847,000,000.000
2009 -32,121,000,000.000
2010 -36,344,000,000.000
2011 -47,767,000,000.000
2012 -50,191,000,000.000
2013 -55,815,000,000.000
2014 -51,447,000,000.000
2015 -62,679,000,000.000
2016 -61,030,000,000.000
2017 -56,767,000,000.000
2018 -38,758,000,000.000
2019 -18,734,000,000.000
2020 -20,930,000,000.000

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Nicaragua was -4.83 as of 2020. Its highest value over the past 60 years was 13.89 in 1979, while its lowest value was -40.29 in 1988.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 -2.52
1961 -1.15
1962 -2.47
1963 -1.42
1964 -1.63
1965 -3.11
1966 -7.01
1967 -8.58
1968 -3.71
1969 -2.79
1970 -2.46
1971 -2.24
1972 5.65
1973 -9.59
1974 -13.53
1975 -8.90
1976 1.15
1977 -5.34
1978 3.16
1979 13.89
1980 -19.04
1981 -19.44
1982 -10.08
1983 -10.59
1984 -13.01
1985 -7.06
1986 -8.06
1987 -1.99
1988 -40.29
1989 -32.65
1990 -21.39
1991 -30.68
1992 -36.02
1993 -27.43
1994 -12.80
1995 -11.85
1996 -14.79
1997 -19.17
1998 -18.34
1999 -25.48
2000 -21.08
2001 -19.90
2002 -20.40
2003 -20.77
2004 -21.08
2005 -22.88
2006 -24.78
2007 -26.90
2008 -27.85
2009 -19.03
2010 -19.43
2011 -21.79
2012 -20.24
2013 -20.56
2014 -16.68
2015 -18.03
2016 -16.05
2017 -13.70
2018 -9.43
2019 -4.48
2020 -4.83

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts