Nicaragua: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
In , Nicaragua's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 11.96.
That's down 35.3% from 2022, the highest value since .
The global average for this indicator in 2023 was 22.36 . Nicaragua ranks #138 globally out of 204 reporting countries. Within Latin America & Caribbean, it ranks #25 of 36.
Source: World Bank Open Data (TM.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
- 21.50
- Trough
- 8.16
- 1-year change
- -35.3%
- 5-year change
- -22.5%
- -5.0% / yr
- 10-year change
- -22.7%
- -2.5% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) |
|---|---|
| 11.9606 | |
| 18.4940 | |
| 18.4962 | |
| 17.1044 | |
| 15.6823 | |
| 15.4272 | |
| 18.3069 | |
| 21.1783 | |
| 21.5026 | |
| 21.1624 |
About Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from 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 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.OR.ZS • Category: Trade & Finance
Frequently asked questions
- What was Nicaragua's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
- In 2023, Nicaragua's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 11.96, according to World Bank Open Data.
- Is Nicaragua's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
- Nicaragua's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) fell 35.3% from 2022 to 2023.
- How does Nicaragua rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
- In 2023, Nicaragua ranked #138 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
- How does Nicaragua's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023 was 22.36, so Nicaragua is below the world average. Within Latin America & Caribbean, it ranks #25 of 36.
- What is Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from 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 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.OR.ZS), CC BY 4.0.