Merchandise imports from low- and middle-income economies within in Nicaragua
Nicaragua: Merchandise imports from low- and middle-income economies within was 50.8% in 2023. ▲ Rising
Merchandise imports from low- and middle-income economies within in Nicaragua, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
In 2023, merchandise imports from low- and middle-income economies within in Nicaragua stood at 50.8%. That is the highest value across all 64 years on record.
The figure is up 27.5% on the previous year and up 39.3% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies within in Nicaragua peaked at 50.8% in 2023 and was at its lowest, 7.1%, in 1960.
That places Nicaragua 16th out of 203 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 64 years of available data.
Merchandise imports from low- and middle-income economies within in Nicaragua, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 7.1% | — |
| 1961 | 7.8% | +9.2% |
| 1962 | 8.5% | +9.5% |
| 1963 | 9.4% | +10.7% |
| 1964 | 13.5% | +43.5% |
| 1965 | 16.3% | +20.3% |
| 1966 | 21.0% | +29.0% |
| 1967 | 23.5% | +12.0% |
| 1968 | 28.8% | +22.7% |
| 1969 | 26.9% | -6.6% |
| 1970 | 28.9% | +7.3% |
| 1971 | 29.2% | +1.2% |
| 1972 | 31.6% | +8.2% |
| 1973 | 32.1% | +1.6% |
| 1974 | 27.6% | -14.2% |
| 1975 | 25.6% | -7.0% |
| 1976 | 30.8% | +20.1% |
| 1977 | 25.5% | -17.2% |
| 1978 | 27.5% | +7.9% |
| 1979 | 34.4% | +25.2% |
| 1980 | 38.0% | +10.3% |
| 1981 | 40.9% | +7.7% |
| 1982 | 45.1% | +10.3% |
| 1983 | 50.7% | +12.4% |
| 1984 | 39.7% | -21.8% |
| 1985 | 44.3% | +11.8% |
| 1986 | 25.6% | -42.2% |
| 1987 | 26.4% | +3.2% |
| 1988 | 26.3% | -0.4% |
| 1989 | 33.2% | +26.1% |
| 1990 | 27.8% | -16.2% |
| 1991 | 27.6% | -0.6% |
| 1992 | 33.2% | +20.2% |
| 1993 | 34.5% | +3.8% |
| 1994 | 30.5% | -11.4% |
| 1995 | 30.9% | +1.3% |
| 1996 | 32.6% | +5.4% |
| 1997 | 33.6% | +3.0% |
| 1998 | 37.8% | +12.7% |
| 1999 | 36.4% | -3.8% |
| 2000 | 36.5% | +0.4% |
| 2001 | 37.0% | +1.3% |
| 2002 | 36.1% | -2.3% |
| 2003 | 36.9% | +2.1% |
| 2004 | 38.6% | +4.7% |
| 2005 | 42.1% | +9.1% |
| 2006 | 45.3% | +7.5% |
| 2007 | 45.1% | -0.4% |
| 2008 | 37.2% | -17.6% |
| 2009 | 35.8% | -3.6% |
| 2010 | 35.4% | -1.2% |
| 2011 | 35.0% | -1.2% |
| 2012 | 33.3% | -4.9% |
| 2013 | 36.5% | +9.6% |
| 2014 | 38.1% | +4.5% |
| 2015 | 41.0% | +7.6% |
| 2016 | 41.3% | +0.8% |
| 2017 | 42.8% | +3.5% |
| 2018 | 43.5% | +1.7% |
| 2019 | 44.0% | +1.3% |
| 2020 | 46.2% | +4.8% |
| 2021 | 40.5% | -12.2% |
| 2022 | 39.8% | -1.7% |
| 2023 | 50.8% | +27.5% |
Nicaragua compared with similar countries
- Nicaragua's 50.8% is above the median for lower middle income countries, which is 19.5%, 2.6× the median. (47 countries reporting)
- Nicaragua's 50.8% is above the median for Latin America & Caribbean, which is 16.0%, 3.2× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16.3% | 7.1% | 28.8% | 10 |
| 1970s | 29.3% | 25.5% | 34.4% | 10 |
| 1980s | 37.0% | 25.6% | 50.7% | 10 |
| 1990s | 32.5% | 27.6% | 37.8% | 10 |
| 2000s | 39.1% | 35.8% | 45.3% | 10 |
| 2010s | 39.1% | 33.3% | 44.0% | 10 |
| 2020s | 44.3% | 39.8% | 50.8% | 4 |
Countries ranked near Nicaragua
- 13 Solomon Islands 55.6% compare
- 14 East Timor 55.1% compare
- 15 Brunei 52.3% compare
- 17 Hong Kong 49.6% compare
- 18 Philippines 47.5% compare
- 19 Vietnam 46.3% 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 merchandise imports from low- and middle-income economies within in Nicaragua?
- Merchandise imports from low- and middle-income economies within in Nicaragua was 50.8% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies within recorded in Nicaragua?
- The highest recorded value was 50.8% in 2023.
- What is the lowest merchandise imports from low- and middle-income economies within recorded in Nicaragua?
- The lowest recorded value was 7.1% in 1960.
- How does Nicaragua rank for merchandise imports from low- and middle-income economies within?
- Nicaragua ranks 16th out of 203 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies within rising or falling in Nicaragua?
- Over the last ten years it is up 39.3%. 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 imports from low- and middle-income economies within region (% of total merchandise imports). Statizoid updates them automatically from the source API.
Download this data
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About this data
Merchandise imports from low- and middle-income economies within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.