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

In , Nicaragua's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 0.03.

That's up 29.4% from 2022, the highest value on record.

The global average for this indicator in 2023 was 5.10 . Nicaragua ranks #168 globally out of 192 reporting countries. Within Latin America & Caribbean, it ranks #27 of 34.

Source: World Bank Open Data (TX.VAL.MRCH.R2.ZS) • Data as of 2023

Trend (2010–2023)

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

Highlights

Peak
0.03
Trough
0.00
1-year change
+29.4%

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)
0.0341
0.0263
0.0317
0.0055
0.0030
0.0008
0.0010
0.0036

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

Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia 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.R2.ZSCategory: Trade & Finance

Frequently asked questions

What was Nicaragua's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in 2023?
In 2023, Nicaragua's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 0.03, according to World Bank Open Data.
Is Nicaragua's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) rising or falling?
Nicaragua's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) rose 29.4% from 2022 to 2023.
How does Nicaragua rank globally on Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)?
In 2023, Nicaragua ranked #168 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports).
How does Nicaragua's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in 2023 was 5.10, so Nicaragua is below the world average. Within Latin America & Caribbean, it ranks #27 of 34.
What is Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia 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.R2.ZS), CC BY 4.0.