Merchandise exports to low- and middle-income economies within region in Nicaragua

Nicaragua: Merchandise exports to low- and middle-income economies within region was 26.9% in 2023. ▲ Rising

Latest (2023)
26.9%
Change on year
down 14.7%
World rank
62nd
of 203 countries
All-time high
45.0%
in 2003
All-time low
5.1%
in 1962
Years of data
64
1960–2023

Merchandise exports to low- and middle-income economies within region in Nicaragua, 1960–2023

10203040196019912023

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.

Analysis

In 2023, merchandise exports to low- and middle-income economies within region in Nicaragua stood at 26.9%.

The figure 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 within region in Nicaragua peaked at 45.0% in 2003 and was at its lowest, 5.1%, in 1962.

Nicaragua ranks 62nd of 203 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 64 years of available data.

Merchandise exports to low- and middle-income economies within region in Nicaragua, year by year

Annual values for Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in Nicaragua, 1960 to 2023.
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 26.9%, 1.0× the median. (47 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 within region 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.

YearChange FromTo
1986 +94.6% 13.9% 27.1%
1989 +93.8% 17.8% 34.5%

Averages by decade

DecadeAverage LowestHighest 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

  1. 59 South Africa 28.3% compare
  2. 60 Guinea 28.3% compare
  3. 61 Malaysia 27.4% compare
  4. 63 Cote d'Ivoire 26.4% compare
  5. 64 Russia 26.3% compare
  6. 65 Vietnam 25.9% compare

See the full ranking of 249 places →

More private sector data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is merchandise exports to low- and middle-income economies within region in Nicaragua?
Merchandise exports to low- and middle-income economies within region 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 within region recorded in Nicaragua?
The highest recorded value was 45.0% in 2003.
What is the lowest merchandise exports to low- and middle-income economies within region 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 within region?
Nicaragua ranks 62nd out of 203 countries with data for 2023.
Is merchandise exports to low- and middle-income economies within region 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 within region (% of total merchandise exports). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Merchandise exports to low- and middle-income economies within region in Nicaragua. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-to-low-and-middle-income-economies-within-region-percent-of-total/nicaragua/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://private-sector.statizoid.com/stat/merchandise-exports-to-low-and-middle-income-economies-within-region-percent-of-total/nicaragua/">Merchandise exports to low- and middle-income economies within region in Nicaragua</a> — Statizoid

About this data

Indicator
Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
249 places, 12,966 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.