Libya vs Nicaragua: Merchandise trade as a proportion of GDP
Libya
98.1%
in 2024
Nicaragua
96.4%
in 2024
Libya rank
32nd
Nicaragua rank
33rd
Merchandise trade as a proportion of GDP over time
- Libya
- Nicaragua
How they compare
Libya currently reports 98.1% against 96.4% in Nicaragua, a difference of 1.7%.
The two have swapped places 3 times across 25 shared years of data; in 2000 it was Nicaragua ahead.
Libya ranks 32nd and Nicaragua ranks 33rd of 218 countries.
Nicaragua has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Libya | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 53.3% | 67.7% | 14.4% | Nicaragua |
| 2010s | 74.0% | 97.1% | 23.1% | Nicaragua |
| 2020s | 102.9% | 105.1% | 2.2% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade as a proportion of gdp, Libya or Nicaragua?
- Libya, at 98.1% against 96.4% in Nicaragua as of 2024.
- What is the difference in merchandise trade as a proportion of gdp between Libya and Nicaragua?
- 1.7%, with Libya ahead.
- How many years of comparable data are there for Libya and Nicaragua?
- 25 years are reported by both, from 2000 to 2024.
- How do Libya and Nicaragua rank globally for merchandise trade as a proportion of gdp?
- Libya ranks 32nd and Nicaragua ranks 33rd of 218 countries.
- 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.