Nicaragua: Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)
In , Nicaragua's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) was 26.87.
That's down 14.7% from 2022, the highest value since .
The global average for this indicator in 2023 was 4.94 . Nicaragua ranks #12 globally out of 192 reporting countries. Within Latin America & Caribbean, it ranks #11 of 36.
Source: World Bank Open Data (TX.VAL.MRCH.R3.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
- 42.51
- Trough
- 23.39
- 1-year change
- -14.7%
- 5-year change
- -14.4%
- -3.1% / yr
- 10-year change
- +8.7%
- +0.8% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) |
|---|---|
| 26.8747 | |
| 31.5143 | |
| 29.4101 | |
| 28.5026 | |
| 29.2732 | |
| 31.4024 | |
| 27.0040 | |
| 30.4166 | |
| 26.7388 | |
| 26.3367 |
About Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean 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.R3.ZS • Category: Trade & Finance
Frequently asked questions
- What was Nicaragua's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in 2023?
- In 2023, Nicaragua's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) was 26.87, according to World Bank Open Data.
- Is Nicaragua's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) rising or falling?
- Nicaragua's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) fell 14.7% from 2022 to 2023.
- How does Nicaragua rank globally on Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)?
- In 2023, Nicaragua ranked #12 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports).
- How does Nicaragua's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in 2023 was 4.94, so Nicaragua is above the world average. Within Latin America & Caribbean, it ranks #11 of 36.
- What is Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean 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.
Source: World Bank Open Data (TX.VAL.MRCH.R3.ZS), CC BY 4.0.