Nicaragua: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
In , Nicaragua's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 1.54.
That's up 9.3% from 2022, the highest value since .
The global average for this indicator in 2023 was 18.45 . Nicaragua ranks #179 globally out of 201 reporting countries. Within Latin America & Caribbean, it ranks #28 of 36.
Source: World Bank Open Data (TX.VAL.MRCH.OR.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
- 2.99
- Trough
- 0.16
- 1-year change
- +9.3%
- 5-year change
- -48.7%
- -12.5% / yr
- 10-year change
- +0.7%
- +0.1% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) |
|---|---|
| 1.5356 | |
| 1.4048 | |
| 1.0923 | |
| 0.6733 | |
| 1.1508 | |
| 2.9911 | |
| 0.8855 | |
| 0.5878 | |
| 1.2751 | |
| 1.4828 |
About Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions 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.OR.ZS • Category: Trade & Finance
Frequently asked questions
- What was Nicaragua's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
- In 2023, Nicaragua's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 1.54, according to World Bank Open Data.
- Is Nicaragua's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
- Nicaragua's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rose 9.3% from 2022 to 2023.
- How does Nicaragua rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
- In 2023, Nicaragua ranked #179 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
- How does Nicaragua's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023 was 18.45, so Nicaragua is below the world average. Within Latin America & Caribbean, it ranks #28 of 36.
- What is Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions 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.OR.ZS), CC BY 4.0.