Binding coverage, manufactured products in Nicaragua
Nicaragua: Binding coverage, manufactured products was 0.0% in 2022. ▼ Falling
Binding coverage, manufactured products in Nicaragua, 1995–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
The most recent figure for binding coverage, manufactured products in Nicaragua is 0.0%, measured in 2022. That is the lowest value across all 28 years on record.
Compared with earlier readings it is down 100.0% on the previous year and down 100.0% over ten years.
Over the whole period, binding coverage, manufactured products in Nicaragua peaked at 100.0% in 1997 and was at its lowest, 0.0%, in 2022.
Nicaragua ranks 60th of 158 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 28 years of available data.
Binding coverage, manufactured products in Nicaragua, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 100.0% | — |
| 1996 | 100.0% | +0.0% |
| 1997 | 100.0% | +0.0% |
| 1998 | 100.0% | +0.0% |
| 1999 | 100.0% | +0.0% |
| 2000 | 100.0% | +0.0% |
| 2001 | 100.0% | +0.0% |
| 2002 | 100.0% | +0.0% |
| 2003 | 100.0% | -0.0% |
| 2004 | 100.0% | +0.0% |
| 2005 | 100.0% | +0.0% |
| 2006 | 100.0% | +0.0% |
| 2007 | 100.0% | +0.0% |
| 2008 | 100.0% | +0.0% |
| 2009 | 100.0% | +0.0% |
| 2010 | 100.0% | +0.0% |
| 2011 | 100.0% | +0.0% |
| 2012 | 100.0% | +0.0% |
| 2013 | 100.0% | +0.0% |
| 2014 | 100.0% | +0.0% |
| 2015 | 100.0% | +0.0% |
| 2016 | 100.0% | +0.0% |
| 2017 | 100.0% | +0.0% |
| 2018 | 100.0% | +0.0% |
| 2019 | 100.0% | +0.0% |
| 2020 | 100.0% | +0.0% |
| 2021 | 100.0% | +0.0% |
| 2022 | 0.0% | -100.0% |
Nicaragua compared with similar countries
- Nicaragua's 0.0% is below the median for Latin America & Caribbean, which is 100.0%. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 100.0% | 100.0% | 100.0% | 5 |
| 2000s | 100.0% | 100.0% | 100.0% | 10 |
| 2010s | 100.0% | 100.0% | 100.0% | 10 |
| 2020s | 66.7% | 0.0% | 100.0% | 3 |
Countries ranked near Nicaragua
- 57 Myanmar 5.0% compare
- 58 Bangladesh 4.5% compare
- 59 Mozambique 1.5% compare
- 60 Albania 0.0% compare
- 60 Australia 0.0% compare
- 60 Austria 0.0% compare
- 60 Bahrain 0.0% compare
- 60 Belgium 0.0% compare
- 60 Belize 0.0% compare
- 60 Benin 0.0% compare
- 60 Botswana 0.0% compare
- 60 Bulgaria 0.0% compare
- 60 Burkina Faso 0.0% compare
- 60 Burundi 0.0% compare
- 60 Cambodia 0.0% compare
- 60 Cameroon 0.0% compare
- 60 Canada 0.0% compare
- 60 Central African Republic 0.0% compare
- 60 Chad 0.0% compare
- 60 China 0.0% compare
- 60 Congo 0.0% compare
- 60 Costa Rica 0.0% compare
- 60 Croatia 0.0% compare
- 60 Cyprus 0.0% compare
- 60 Czechia 0.0% compare
- 60 Denmark 0.0% compare
- 60 Dominican Republic 0.0% compare
- 60 El Salvador 0.0% compare
- 60 Estonia 0.0% compare
- 60 Eswatini 0.0% compare
- 60 Finland 0.0% compare
- 60 France 0.0% compare
- 60 Gabon 0.0% compare
- 60 Gambia 0.0% compare
- 60 Germany 0.0% compare
- 60 Ghana 0.0% compare
- 60 Greece 0.0% compare
- 60 Guatemala 0.0% compare
- 60 Guinea 0.0% compare
- 60 Guinea-Bissau 0.0% compare
- 60 Honduras 0.0% compare
- 60 Hong Kong 0.0% compare
- 60 Hungary 0.0% compare
- 60 Iceland 0.0% compare
- 60 India 0.0% compare
- 60 Indonesia 0.0% compare
- 60 Ireland 0.0% compare
- 60 Italy 0.0% compare
- 60 Jamaica 0.0% compare
- 60 Japan 0.0% compare
- 60 Kazakhstan 0.0% compare
- 60 Kenya 0.0% compare
- 60 South Korea 0.0% compare
- 60 Latvia 0.0% compare
- 60 Lesotho 0.0% compare
- 60 Liechtenstein 0.0%
- 60 Lithuania 0.0% compare
- 60 Macao 0.0% compare
- 60 Madagascar 0.0% compare
- 60 Malaysia 0.0% compare
- 60 Maldives 0.0% compare
- 60 Mali 0.0% compare
- 60 Malta 0.0% compare
- 60 Mauritius 0.0% compare
- 60 Mongolia 0.0% compare
- 60 Montenegro 0.0% compare
- 60 Namibia 0.0% compare
- 60 Nepal 0.0% compare
- 60 Netherlands 0.0% compare
- 60 New Zealand 0.0% compare
- 60 Niger 0.0% compare
- 60 Nigeria 0.0% compare
- 60 North Macedonia 0.0% compare
- 60 Norway 0.0% compare
- 60 Oman 0.0% compare
- 60 Pakistan 0.0% compare
- 60 Panama 0.0% compare
- 60 Poland 0.0% compare
- 60 Portugal 0.0% compare
- 60 Qatar 0.0% compare
- 60 Romania 0.0% compare
- 60 Rwanda 0.0% compare
- 60 Saudi Arabia 0.0% compare
- 60 Senegal 0.0% compare
- 60 Sierra Leone 0.0% compare
- 60 Slovakia 0.0% compare
- 60 Slovenia 0.0% compare
- 60 Solomon Islands 0.0% compare
- 60 South Africa 0.0% compare
- 60 Spain 0.0% compare
- 60 Sweden 0.0% compare
- 60 Switzerland 0.0% compare
- 60 Tanzania 0.0% compare
- 60 Thailand 0.0% compare
- 60 Togo 0.0% compare
- 60 Turkey 0.0% compare
- 60 Uganda 0.0% compare
- 60 United Kingdom 0.0% compare
- 60 United States 0.0% compare
- 60 Vanuatu 0.0% compare
- 60 Zambia 0.0% compare
More private sector data for Nicaragua
- Merchandise trade 95.9% (2025)
- Food imports 16.6% (2024)
- Manufactures imports 68.6% (2024)
- Merchandise imports 12.43 billion current US$ (2025)
- Food exports 42.6% (2024)
- Manufactures exports 37.0% (2024)
- Merchandise exports 8.89 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,269 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3999 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 18.23 % change on previous year (2025)
Frequently asked questions
- What is binding coverage, manufactured products in Nicaragua?
- Binding coverage, manufactured products in Nicaragua was 0.0% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest binding coverage, manufactured products recorded in Nicaragua?
- The highest recorded value was 100.0% in 1997.
- What is the lowest binding coverage, manufactured products recorded in Nicaragua?
- The lowest recorded value was 0.0% in 2022.
- How does Nicaragua rank for binding coverage, manufactured products?
- Nicaragua ranks 60th out of 158 countries with data for 2022.
- Is binding coverage, manufactured products rising or falling in Nicaragua?
- Over the last ten years it is down 100.0%. The long-run trend across the full record is falling.
- Where does this Nicaragua data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Binding coverage, manufactured products (%). Statizoid updates them automatically from the source API.
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About this data
Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.