Nicaragua: Merchandise exports to high-income economies (% of total merchandise exports)
In , Nicaragua's Merchandise exports to high-income economies (% of total merchandise exports) was 71.58.
That's up 7.9% from 2022, the highest value on record.
The global average for this indicator in 2023 was 60.91 . Nicaragua ranks #85 globally out of 205 reporting countries. Within Latin America & Caribbean, it ranks #15 of 36.
Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS) • Data as of 2023
Trend (2004–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 71.58
- Trough
- 52.85
- 1-year change
- +7.9%
- 5-year change
- +10.6%
- +2.0% / yr
- 10-year change
- +24.2%
- +2.2% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 71.5846 | |
| 66.3666 | |
| 69.0400 | |
| 70.6809 | |
| 69.0482 | |
| 64.7390 | |
| 67.0846 | |
| 63.6446 | |
| 65.8112 | |
| 64.3306 |
About Merchandise exports to high-income economies (% of total merchandise exports)
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed 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.
Indicator code: TX.VAL.MRCH.HI.ZS • Category: Trade & Finance
Frequently asked questions
- What was Nicaragua's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, Nicaragua's Merchandise exports to high-income economies (% of total merchandise exports) was 71.58, according to World Bank Open Data.
- Is Nicaragua's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- Nicaragua's Merchandise exports to high-income economies (% of total merchandise exports) rose 7.9% from 2022 to 2023.
- How does Nicaragua rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, Nicaragua ranked #85 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does Nicaragua's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so Nicaragua is above the world average. Within Latin America & Caribbean, it ranks #15 of 36.
- What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
- Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed 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.
Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS), CC BY 4.0.