Africa's Development Dynamics (AfDD) Table 28 - International trade in Nicaragua
Nicaragua: Africa's Development Dynamics (AfDD) Table 28 - International trade was 74.23 Percentage of merchandise value in 2020. ▼ Falling
Africa's Development Dynamics (AfDD) Table 28 - International trade in Nicaragua, 2000–2020
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of merchandise value.
Analysis
In 2020, africa's development dynamics (afdd) table 28 - international trade in Nicaragua stood at 74.23 Percentage of merchandise value. That is the lowest value across all 21 years on record.
That represents a change of down 2.5% on the previous year and down 30.4% over ten years.
Over the whole period, africa's development dynamics (afdd) table 28 - international trade in Nicaragua peaked at 134.19 Percentage of merchandise value in 2006 and was at its lowest, 74.23 Percentage of merchandise value, in 2020.
Nicaragua ranks 122nd of 157 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Africa's Development Dynamics (AfDD) Table 28 - International trade in Nicaragua, year by year
| Year | Percentage of merchandise value | Change |
|---|---|---|
| 2000 | 118.1 Percentage of merchandise value | — |
| 2001 | 120.66 Percentage of merchandise value | +2.2% |
| 2002 | 118.17 Percentage of merchandise value | -2.1% |
| 2003 | 117.65 Percentage of merchandise value | -0.4% |
| 2004 | 120.76 Percentage of merchandise value | +2.6% |
| 2005 | 121.06 Percentage of merchandise value | +0.2% |
| 2006 | 134.19 Percentage of merchandise value | +10.8% |
| 2007 | 120.01 Percentage of merchandise value | -10.6% |
| 2008 | 95.4 Percentage of merchandise value | -20.5% |
| 2009 | 110.53 Percentage of merchandise value | +15.8% |
| 2010 | 106.67 Percentage of merchandise value | -3.5% |
| 2011 | 103.95 Percentage of merchandise value | -2.6% |
| 2012 | 84.2 Percentage of merchandise value | -19.0% |
| 2013 | 83.45 Percentage of merchandise value | -0.9% |
| 2014 | 79.03 Percentage of merchandise value | -5.3% |
| 2015 | 77.49 Percentage of merchandise value | -1.9% |
| 2016 | 78.35 Percentage of merchandise value | +1.1% |
| 2017 | 80.89 Percentage of merchandise value | +3.2% |
| 2018 | 77.39 Percentage of merchandise value | -4.3% |
| 2019 | 76.1 Percentage of merchandise value | -1.7% |
| 2020 | 74.23 Percentage of merchandise value | -2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 117.65 Percentage of merchandise value | 95.4 Percentage of merchandise value | 134.19 Percentage of merchandise value | 10 |
| 2010s | 84.75 Percentage of merchandise value | 76.1 Percentage of merchandise value | 106.67 Percentage of merchandise value | 10 |
| 2020s | 74.23 Percentage of merchandise value | 74.23 Percentage of merchandise value | 74.23 Percentage of merchandise value | 1 |
Countries ranked near Nicaragua
- 119 Russian Federation 76.56 Percentage of merchandise value compare
- 120 Ireland 76.37 Percentage of merchandise value compare
- 121 Thailand 75.43 Percentage of merchandise value compare
- 123 Libya 73.34 Percentage of merchandise value compare
- 124 Bosnia and Herzegovina 73.29 Percentage of merchandise value compare
- 125 Luxembourg 71.03 Percentage of merchandise value compare
More economy & growth data for Nicaragua
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.29 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.5 Percent per annum (2029)
- Total reserves minus gold (current US$), annual growth rate 36.36 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.3743 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 1,188 current US$ per person (2025)
- General government final consumption expenditure (current US$) 4.73 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1136 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 360.62 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 4.73 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 4.16 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 28 - international trade in Nicaragua?
- Africa's development dynamics (afdd) table 28 - international trade in Nicaragua was 74.23 Percentage of merchandise value in 2020, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 28 - international trade recorded in Nicaragua?
- The highest recorded value was 134.19 Percentage of merchandise value in 2006.
- What is the lowest africa's development dynamics (afdd) table 28 - international trade recorded in Nicaragua?
- The lowest recorded value was 74.23 Percentage of merchandise value in 2020.
- How does Nicaragua rank for africa's development dynamics (afdd) table 28 - international trade?
- Nicaragua ranks 122nd out of 157 countries with data for 2020.
- Is africa's development dynamics (afdd) table 28 - international trade rising or falling in Nicaragua?
- Over the last ten years it is down 30.4%. The long-run trend across the full record is falling.
- Where does this Nicaragua data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 28 - International trade costs — Average cost of trade within continent, manufactured goods. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 28 shows the average cost of importing and exporting goods calculated as a percentage of the value of goods traded, broken down by the origin and destination of the trade, whether it is with bordering countries, with countries in the same region, or the same continent.