Belize vs Nicaragua: Value of imported goods as a share of GDP

Belize
45.2%
in 2024
Nicaragua
45.8%
in 2024
Belize rank
59th
Nicaragua rank
57th

Value of imported goods as a share of GDP over time

  • Belize
  • Nicaragua
20406080196019922024

How they compare

Nicaragua currently reports 45.8% against 45.2% in Belize, a difference of 0.6%.

The two have swapped places 7 times across 61 shared years of data; in 1963 it was Belize ahead.

Belize ranks 59th and Nicaragua ranks 57th of 201 countries.

Across the 7 decades both report, Belize averaged higher in 5 and Nicaragua in 2.

Head to head by decade

Decade Belize Nicaragua Difference Ahead
1960s 56.7% 27.8% 28.9% Belize
1970s 63.0% 26.8% 36.3% Belize
1980s 42.6% 31.7% 11.0% Belize
1990s 35.2% 35.1% 0.1% Belize
2000s 39.2% 39.0% 0.2% Belize
2010s 42.5% 45.3% 2.8% Nicaragua
2020s 43.6% 44.6% 1.0% Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher value of imported goods as a share of gdp, Belize or Nicaragua?
Nicaragua, at 45.8% against 45.2% in Belize as of 2024.
What is the difference in value of imported goods as a share of gdp between Belize and Nicaragua?
0.6%, with Nicaragua ahead.
How many years of comparable data are there for Belize and Nicaragua?
61 years are reported by both, from 1963 to 2024.
How do Belize and Nicaragua rank globally for value of imported goods as a share of gdp?
Belize ranks 59th and Nicaragua ranks 57th of 201 countries.
Where does this data come from?
International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as Value of imported goods as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Belize vs Nicaragua: Value of imported goods as a share of GDP. Statizoid, drawing on International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Retrieved 15 September 2026, from https://economy.statizoid.com/compare/merchandise-imports-as-a-share-of-countrys-gdp/belize/nicaragua/

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About this data

Indicator
Value of imported goods as a share of GDP
Unit
%
Source
International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
201 places, 10,161 data points, 1960–2024
Last refreshed

Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).