Nicaragua: Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
In , Nicaragua's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) was 50.79.
That's up 27.5% from 2022, the highest value on record.
The global average for this indicator in 2023 was 5.08 . Nicaragua ranks #1 globally out of 199 reporting countries. Within Latin America & Caribbean, it ranks #1 of 36.
Source: World Bank Open Data (TM.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
- 50.79
- Trough
- 33.27
- 1-year change
- +27.5%
- 5-year change
- +16.7%
- +3.1% / yr
- 10-year change
- +39.3%
- +3.4% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) |
|---|---|
| 50.7851 | |
| 39.8269 | |
| 40.5289 | |
| 46.1626 | |
| 44.0449 | |
| 43.5007 | |
| 42.7841 | |
| 41.3346 | |
| 41.0223 | |
| 38.1250 |
About Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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: TM.VAL.MRCH.R3.ZS • Category: Trade & Finance
Frequently asked questions
- What was Nicaragua's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in 2023?
- In 2023, Nicaragua's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) was 50.79, according to World Bank Open Data.
- Is Nicaragua's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) rising or falling?
- Nicaragua's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) rose 27.5% from 2022 to 2023.
- How does Nicaragua rank globally on Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)?
- In 2023, Nicaragua ranked #1 out of 199 countries reporting Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports).
- How does Nicaragua's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in 2023 was 5.08, so Nicaragua is above the world average. Within Latin America & Caribbean, it ranks #1 of 36.
- What is Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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 (TM.VAL.MRCH.R3.ZS), CC BY 4.0.