Latin America & the Caribbean (IDA & IBRD countries) vs Nicaragua: Merchandise imports from low- and middle-income economies in Latin

Latin America & the Caribbean (IDA & IBRD countries)
13.4%
in 2023
Nicaragua
50.8%
in 2023
Latin America & the Caribbean (IDA & IBRD countries) rank
2nd
Nicaragua rank
1st

Merchandise imports from low- and middle-income economies in Latin over time

  • Latin America & the Caribbean (IDA & IBRD countries)
  • Nicaragua
1020304050196019912023

How they compare

Nicaragua currently reports 50.8% against 13.4% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 37.4%.

That makes Nicaragua's figure about 3.8 times Latin America & the Caribbean (IDA & IBRD countries)'s.

Across all 64 years both countries report, Nicaragua has been ahead every year.

Latin America & the Caribbean (IDA & IBRD countries) ranks 2nd and Nicaragua ranks 1st of 47 groups.

Nicaragua has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Latin America & the Caribbean (IDA & IBRD countries) Nicaragua Difference Ahead
1960s 8.3% 16.3% 8.0% Nicaragua
1970s 10.3% 29.3% 19.0% Nicaragua
1980s 12.5% 37.0% 24.6% Nicaragua
1990s 12.7% 32.5% 19.8% Nicaragua
2000s 14.7% 39.1% 24.4% Nicaragua
2010s 14.3% 39.1% 24.8% Nicaragua
2020s 12.9% 44.3% 31.4% Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports from low- and middle-income economies in latin, Latin America & the Caribbean (IDA & IBRD countries) or Nicaragua?
Nicaragua, at 50.8% against 13.4% in Latin America & the Caribbean (IDA & IBRD countries) as of 2023.
What is the difference in merchandise imports from low- and middle-income economies in latin between Latin America & the Caribbean (IDA & IBRD countries) and Nicaragua?
37.4%, with Nicaragua ahead.
How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Nicaragua?
64 years are reported by both, from 1960 to 2023.
How do Latin America & the Caribbean (IDA & IBRD countries) and Nicaragua rank globally for merchandise imports from low- and middle-income economies in latin?
Latin America & the Caribbean (IDA & IBRD countries) ranks 2nd and Nicaragua ranks 1st of 47 groups.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latin America & the Caribbean (IDA & IBRD countries) vs Nicaragua: Merchandise imports from low- and middle-income economies in Latin. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-from-low-and-middle-income-economies-in-latin-america-and-the/latin-america-and-the-caribbean-ida-and-ibrd-countries/nicaragua/

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About this data

Indicator
Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
Unit
% of total merchandise imports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 12,628 data points, 1960–2023
Last refreshed

Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.