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Nicaragua: Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)

In , Nicaragua's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 0.27.

That's down 22.1% from 2022, the highest value since .

The global average for this indicator in 2023 was 14.77 . Nicaragua ranks #192 globally out of 204 reporting countries. Within Latin America & Caribbean, it ranks #28 of 35.

Source: World Bank Open Data (TX.VAL.MRCH.R1.ZS) • Data as of 2023

Trend (2004–2023)

Nicaragua Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
2.88
Trough
0.16
1-year change
-22.1%
5-year change
-90.7%
-37.8% / yr
10-year change
-66.7%
-10.4% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
0.2688
0.3453
0.3378
0.5455
1.0539
2.8849
0.7644
0.5366
0.6000
0.7545

About Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific 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.

Indicator code: TX.VAL.MRCH.R1.ZSCategory: Trade & Finance

Frequently asked questions

What was Nicaragua's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023?
In 2023, Nicaragua's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 0.27, according to World Bank Open Data.
Is Nicaragua's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) rising or falling?
Nicaragua's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) fell 22.1% from 2022 to 2023.
How does Nicaragua rank globally on Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)?
In 2023, Nicaragua ranked #192 out of 204 countries reporting Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports).
How does Nicaragua's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023 was 14.77, so Nicaragua is below the world average. Within Latin America & Caribbean, it ranks #28 of 35.
What is Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific 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.
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Source: World Bank Open Data (TX.VAL.MRCH.R1.ZS), CC BY 4.0.