Nicaragua vs South America: Merchandise trade as a proportion of GDP
Nicaragua
96.4%
in 2024
South America
31.8%
in 2024
Nicaragua rank
33rd
South America rank
31st
Merchandise trade as a proportion of GDP over time
- Nicaragua
- South America
How they compare
Nicaragua currently reports 96.4% against 31.8% in South America, a difference of 64.6%.
That makes Nicaragua's figure about 3.0 times South America's.
Across all 25 years both countries report, Nicaragua has been ahead every year.
Nicaragua ranks 33rd and South America ranks 31st of 218 countries.
Nicaragua has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Nicaragua | South America | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 67.7% | 29.4% | 38.2% | Nicaragua |
| 2010s | 97.1% | 27.1% | 70.0% | Nicaragua |
| 2020s | 105.1% | 33.2% | 71.9% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade as a proportion of gdp, Nicaragua or South America?
- Nicaragua, at 96.4% against 31.8% in South America as of 2024.
- What is the difference in merchandise trade as a proportion of gdp between Nicaragua and South America?
- 64.6%, with Nicaragua ahead.
- How many years of comparable data are there for Nicaragua and South America?
- 25 years are reported by both, from 2000 to 2024.
- How do Nicaragua and South America rank globally for merchandise trade as a proportion of gdp?
- Nicaragua ranks 33rd and South America ranks 31st 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.