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% |
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
- Net domestic credit (current LCU), per capita 27,229 current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 9.56 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 16.59 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 5.77 billion SDR (2025)
- Reserves excluding gold 6.08 billion SDR (2025)
- Total reserves (gold at market value) 6.08 billion SDR (2025)
- Total reserves (gold at national valuation) 6.08 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 867.41 SDR per person (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.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.