Caribbean vs Nicaragua: Merchandise trade as a proportion of GDP
Caribbean
25.4%
in 2020
Nicaragua
96.4%
in 2024
Caribbean rank
34th
Nicaragua rank
33rd
Merchandise trade as a proportion of GDP over time
- Caribbean
- Nicaragua
How they compare
Nicaragua currently reports 96.4% against 25.4% in Caribbean, a difference of 71.0%.
That makes Nicaragua's figure about 3.8 times Caribbean's.
Across all 10 years both countries report, Nicaragua has been ahead every year.
Caribbean ranks 34th and Nicaragua ranks 33rd of 37 groups.
Nicaragua has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Caribbean | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 37.9% | 97.7% | 59.8% | Nicaragua |
| 2020s | 25.4% | 90.1% | 64.7% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade as a proportion of gdp, Caribbean or Nicaragua?
- Nicaragua, at 96.4% against 25.4% in Caribbean as of 2024.
- What is the difference in merchandise trade as a proportion of gdp between Caribbean and Nicaragua?
- 71.0%, with Nicaragua ahead.
- How many years of comparable data are there for Caribbean and Nicaragua?
- 10 years are reported by both, from 2011 to 2020.
- How do Caribbean and Nicaragua rank globally for merchandise trade as a proportion of gdp?
- Caribbean ranks 34th and Nicaragua ranks 33rd of 37 groups.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Merchandise trade as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.