Merchandise exports to low- and middle-income economies in Latin in Nicaragua
Nicaragua: Merchandise exports to low- and middle-income economies in Latin was 26.9% in 2023. ▲ Rising
Merchandise exports to low- and middle-income economies in Latin in Nicaragua, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
In 2023, merchandise exports to low- and middle-income economies in latin in Nicaragua stood at 26.9%.
Compared with earlier readings it is down 14.7% on the previous year and up 8.7% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Nicaragua peaked at 45.0% in 2003 and was at its lowest, 5.1%, in 1962.
Nicaragua ranks 12th of 203 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 64 years of available data.
Merchandise exports to low- and middle-income economies in Latin in Nicaragua, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 6.8% | — |
| 1961 | 5.3% | -22.3% |
| 1962 | 5.1% | -3.4% |
| 1963 | 5.4% | +5.3% |
| 1964 | 6.2% | +15.9% |
| 1965 | 8.8% | +42.1% |
| 1966 | 12.1% | +37.4% |
| 1967 | 12.5% | +3.2% |
| 1968 | 16.1% | +28.4% |
| 1969 | 21.0% | +30.7% |
| 1970 | 27.6% | +31.3% |
| 1971 | 27.0% | -2.2% |
| 1972 | 23.9% | -11.3% |
| 1973 | 23.4% | -2.0% |
| 1974 | 26.0% | +11.1% |
| 1975 | 26.0% | -0.1% |
| 1976 | 24.0% | -7.7% |
| 1977 | 23.5% | -2.1% |
| 1978 | 23.7% | +0.6% |
| 1979 | 17.0% | -28.4% |
| 1980 | 19.7% | +16.0% |
| 1981 | 21.1% | +7.5% |
| 1982 | 20.1% | -5.0% |
| 1983 | 15.7% | -21.8% |
| 1984 | 15.2% | -3.0% |
| 1985 | 13.9% | -8.5% |
| 1986 | 27.1% | +94.6% |
| 1987 | 26.4% | -2.8% |
| 1988 | 17.8% | -32.6% |
| 1989 | 34.5% | +93.8% |
| 1990 | 28.1% | -18.6% |
| 1991 | 30.1% | +7.2% |
| 1992 | 30.6% | +1.8% |
| 1993 | 28.1% | -8.1% |
| 1994 | 31.5% | +11.9% |
| 1995 | 23.2% | -26.4% |
| 1996 | 27.8% | +19.8% |
| 1997 | 27.6% | -0.7% |
| 1998 | 26.3% | -4.6% |
| 1999 | 32.9% | +25.2% |
| 2000 | 31.6% | -4.1% |
| 2001 | 39.0% | +23.6% |
| 2002 | 41.1% | +5.3% |
| 2003 | 45.0% | +9.5% |
| 2004 | 40.0% | -11.1% |
| 2005 | 40.8% | +2.0% |
| 2006 | 41.3% | +1.2% |
| 2007 | 42.5% | +3.0% |
| 2008 | 40.6% | -4.4% |
| 2009 | 38.2% | -6.0% |
| 2010 | 27.5% | -27.9% |
| 2011 | 24.8% | -10.1% |
| 2012 | 23.4% | -5.6% |
| 2013 | 24.7% | +5.7% |
| 2014 | 26.3% | +6.5% |
| 2015 | 26.7% | +1.5% |
| 2016 | 30.4% | +13.8% |
| 2017 | 27.0% | -11.2% |
| 2018 | 31.4% | +16.3% |
| 2019 | 29.3% | -6.8% |
| 2020 | 28.5% | -2.6% |
| 2021 | 29.4% | +3.2% |
| 2022 | 31.5% | +7.2% |
| 2023 | 26.9% | -14.7% |
Nicaragua compared with similar countries
- Nicaragua's 26.9% is above the median for lower middle income countries, which is 0.3%, 97.9× the median. (46 countries reporting)
- Nicaragua's 26.9% is above the median for Latin America & Caribbean, which is 14.5%, 1.9× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies in Latin 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 |
|---|---|---|---|
| 1986 | +94.6% | 13.9% | 27.1% |
| 1989 | +93.8% | 17.8% | 34.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.9% | 5.1% | 21.0% | 10 |
| 1970s | 24.2% | 17.0% | 27.6% | 10 |
| 1980s | 21.2% | 13.9% | 34.5% | 10 |
| 1990s | 28.6% | 23.2% | 32.9% | 10 |
| 2000s | 40.0% | 31.6% | 45.0% | 10 |
| 2010s | 27.2% | 23.4% | 31.4% | 10 |
| 2020s | 29.1% | 26.9% | 31.5% | 4 |
Countries ranked near Nicaragua
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 merchandise exports to low- and middle-income economies in latin in Nicaragua?
- Merchandise exports to low- and middle-income economies in latin in Nicaragua was 26.9% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in latin recorded in Nicaragua?
- The highest recorded value was 45.0% in 2003.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Nicaragua?
- The lowest recorded value was 5.1% in 1962.
- How does Nicaragua rank for merchandise exports to low- and middle-income economies in latin?
- Nicaragua ranks 12th out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Nicaragua?
- Over the last ten years it is up 8.7%. The long-run trend across the full record is rising.
- Where does this Nicaragua data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.