Customs and other import duties (current LCU) in Nicaragua
Nicaragua: Customs and other import duties (current LCU) was 5.59 billion current LCU in 2024. ◆ Volatile
Customs and other import duties in Nicaragua, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, customs and other import duties in Nicaragua stood at 5.59 billion current LCU. That is the highest value across all 35 years on record.
That represents a change of up 17.6% on the previous year and up 182.7% over ten years.
Over the whole period, customs and other import duties in Nicaragua peaked at 5.59 billion current LCU in 2024 and was at its lowest, 9.75 million current LCU, in 1990.
That places Nicaragua 74th out of 152 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Customs and other import duties (current LCU) in Nicaragua, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 9.75 million current LCU | — |
| 1991 | 266.70 million current LCU | +2635.4% |
| 1992 | 364.25 million current LCU | +36.6% |
| 1993 | 528.34 million current LCU | +45.0% |
| 1994 | 615.27 million current LCU | +16.5% |
| 1995 | 311.00 million current LCU | -49.5% |
| 1996 | 333.94 million current LCU | +7.4% |
| 1997 | 536.74 million current LCU | +60.7% |
| 1998 | 863.76 million current LCU | +60.9% |
| 1999 | 585.72 million current LCU | -32.2% |
| 2000 | 650.49 million current LCU | +11.1% |
| 2001 | 739.00 million current LCU | +13.6% |
| 2002 | 641.94 million current LCU | -13.1% |
| 2003 | 628.22 million current LCU | -2.1% |
| 2004 | 684.39 million current LCU | +8.9% |
| 2005 | 898.00 million current LCU | +31.2% |
| 2006 | 972.00 million current LCU | +8.2% |
| 2007 | 1.09 billion current LCU | +12.5% |
| 2008 | 1.18 billion current LCU | +8.2% |
| 2009 | 970.18 million current LCU | -18.0% |
| 2010 | 1.19 billion current LCU | +22.7% |
| 2011 | 1.52 billion current LCU | +27.8% |
| 2012 | 1.82 billion current LCU | +19.4% |
| 2013 | 1.89 billion current LCU | +3.8% |
| 2014 | 1.98 billion current LCU | +4.8% |
| 2015 | 2.32 billion current LCU | +17.2% |
| 2016 | 2.70 billion current LCU | +16.7% |
| 2017 | 2.70 billion current LCU | -0.0% |
| 2018 | 1.97 billion current LCU | -27.1% |
| 2019 | 1.99 billion current LCU | +0.9% |
| 2020 | 2.28 billion current LCU | +14.7% |
| 2021 | 3.30 billion current LCU | +44.6% |
| 2022 | 3.94 billion current LCU | +19.6% |
| 2023 | 4.75 billion current LCU | +20.5% |
| 2024 | 5.59 billion current LCU | +17.6% |
Nicaragua compared with similar countries
- Nicaragua's 5.59 billion current LCU is below the median for lower middle income countries, which is 20.95 billion current LCU, 27% of the median. (37 countries reporting)
- Nicaragua's 5.59 billion current LCU is above the median for Latin America & Caribbean, which is 3.44 billion current LCU, 1.6× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Customs and other import duties (current LCU) in Nicaragua changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | +2635.4% | 9.75 million current LCU | 266.70 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 441.55 million current LCU | 9.75 million current LCU | 863.76 million current LCU | 10 |
| 2000s | 846.07 million current LCU | 628.22 million current LCU | 1.18 billion current LCU | 10 |
| 2010s | 2.01 billion current LCU | 1.19 billion current LCU | 2.70 billion current LCU | 10 |
| 2020s | 3.97 billion current LCU | 2.28 billion current LCU | 5.59 billion current LCU | 5 |
Countries ranked near Nicaragua
More public sector data for Nicaragua
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 13.00 million SIPRI trend indicator values (2019)
- Arms imports (SIPRI trend indicator values), per capita 2.01 SIPRI trend indicator values per person (2019)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.001 SIPRI trend indicator values per US$ of GDP (2019)
- Arms imports (SIPRI trend indicator values), annual growth rate -91.86 % change on previous year (2017)
Frequently asked questions
- What is customs and other import duties in Nicaragua?
- Customs and other import duties in Nicaragua was 5.59 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Nicaragua?
- The highest recorded value was 5.59 billion current LCU in 2024.
- What is the lowest customs and other import duties recorded in Nicaragua?
- The lowest recorded value was 9.75 million current LCU in 1990.
- How does Nicaragua rank for customs and other import duties?
- Nicaragua ranks 74th out of 152 countries with data for 2024.
- Is customs and other import duties rising or falling in Nicaragua?
- Over the last ten years it is up 182.7%. The long-run trend across the full record is volatile.
- Where does this Nicaragua data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Customs and other import duties (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.