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Nicaragua: Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)

In , Nicaragua's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) was 0.88.

That's up 74.7% from 2022, the highest value on record.

The global average for this indicator in 2023 was 8.21 . Nicaragua ranks #115 globally out of 197 reporting countries. Within Latin America & Caribbean, it ranks #11 of 36.

Source: World Bank Open Data (TX.VAL.MRCH.R6.ZS) • Data as of 2023

Trend (2010–2023)

Nicaragua Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% 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
0.88
Trough
0.01
1-year change
+74.7%
10-year change
+58.1%
+4.7% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)
0.8793
0.5033
0.3040
0.6122
0.6717
0.5561
0.0523
0.1568
0.0110

About Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Sub-Saharan Africa 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.R6.ZSCategory: Trade & Finance

Frequently asked questions

What was Nicaragua's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) in 2023?
In 2023, Nicaragua's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) was 0.88, according to World Bank Open Data.
Is Nicaragua's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) rising or falling?
Nicaragua's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) rose 74.7% from 2022 to 2023.
How does Nicaragua rank globally on Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)?
In 2023, Nicaragua ranked #115 out of 197 countries reporting Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports).
How does Nicaragua's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) in 2023 was 8.21, so Nicaragua is below the world average. Within Latin America & Caribbean, it ranks #11 of 36.
What is Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Sub-Saharan Africa 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.R6.ZS), CC BY 4.0.