Foreign banks among total banks (%) in Nicaragua
Nicaragua: Foreign banks among total banks (%) was 60.0% in 2013. ▲ Rising
Foreign banks among total banks in Nicaragua, 1995–2013
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
The most recent figure for foreign banks among total banks in Nicaragua is 60.0%, measured in 2013.
That represents a change of up 20.0% over ten years.
Over the whole period, foreign banks among total banks in Nicaragua peaked at 67.0% in 2006 and was at its lowest, 17.0%, in 1995.
That places Nicaragua 45th out of 137 countries with data for 2013, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Foreign banks among total banks (%) in Nicaragua, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 17.0% | — |
| 1996 | 17.0% | +0.0% |
| 1997 | 33.0% | +94.1% |
| 1998 | 33.0% | +0.0% |
| 1999 | 36.0% | +9.1% |
| 2000 | 50.0% | +38.9% |
| 2001 | 57.0% | +14.0% |
| 2002 | 50.0% | -12.3% |
| 2003 | 50.0% | +0.0% |
| 2004 | 50.0% | +0.0% |
| 2005 | 40.0% | -20.0% |
| 2006 | 67.0% | +67.5% |
| 2007 | 67.0% | +0.0% |
| 2008 | 67.0% | +0.0% |
| 2009 | 67.0% | +0.0% |
| 2010 | 60.0% | -10.4% |
| 2011 | 60.0% | +0.0% |
| 2012 | 60.0% | +0.0% |
| 2013 | 60.0% | +0.0% |
Nicaragua compared with similar countries
- Nicaragua's 60.0% is above the median for lower middle income countries, which is 43.0%, 1.4× the median. (31 countries reporting)
- Nicaragua's 60.0% is above the median for Latin America & Caribbean, which is 41.5%, 1.4× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 27.2% | 17.0% | 36.0% | 5 |
| 2000s | 56.5% | 40.0% | 67.0% | 10 |
| 2010s | 60.0% | 60.0% | 60.0% | 4 |
Countries ranked near Nicaragua
More financial sector data for Nicaragua
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 6.35 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 4.64 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 6.35 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is foreign banks among total banks in Nicaragua?
- Foreign banks among total banks in Nicaragua was 60.0% in 2013, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign banks among total banks recorded in Nicaragua?
- The highest recorded value was 67.0% in 2006.
- What is the lowest foreign banks among total banks recorded in Nicaragua?
- The lowest recorded value was 17.0% in 1995.
- How does Nicaragua rank for foreign banks among total banks?
- Nicaragua ranks 45th out of 137 countries with data for 2013.
- Is foreign banks among total banks rising or falling in Nicaragua?
- Over the last ten years it is up 20.0%. The long-run trend across the full record is rising.
- Where does this Nicaragua data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign banks among total banks (%). Statizoid updates them automatically from the source API.
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About this data
Percentage of the number of foreign owned banks to the number of the total banks in an Economy. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.