Merchandise trade as a proportion of GDP in Nicaragua
Nicaragua: Merchandise trade as a proportion of GDP was 96.4% in 2024. ▲ Rising
Latest (2024)
96.4%
Change on year
down 6.1%
World rank
33rd
of 218 countries
All-time high
119.0%
in 2022
All-time low
50.5%
in 2001
Years of data
25
2000–2024
Merchandise trade as a proportion of GDP in Nicaragua, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Nicaragua recorded 96.4% for merchandise trade as a proportion of gdp in 2024.
The figure is down 6.1% on the previous year and down 5.1% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Nicaragua peaked at 119.0% in 2022 and was at its lowest, 50.5%, in 2001.
Nicaragua ranks 33rd of 218 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Merchandise trade as a proportion of GDP in Nicaragua, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 52.5% | — |
| 2001 | 50.5% | -3.9% |
| 2002 | 53.0% | +5.0% |
| 2003 | 57.9% | +9.4% |
| 2004 | 66.0% | +14.0% |
| 2005 | 72.9% | +10.4% |
| 2006 | 78.9% | +8.2% |
| 2007 | 83.2% | +5.4% |
| 2008 | 85.5% | +2.7% |
| 2009 | 76.2% | -10.9% |
| 2010 | 91.8% | +20.6% |
| 2011 | 107.3% | +16.8% |
| 2012 | 108.8% | +1.4% |
| 2013 | 104.5% | -4.0% |
| 2014 | 101.6% | -2.8% |
| 2015 | 93.3% | -8.2% |
| 2016 | 79.9% | -14.4% |
| 2017 | 93.4% | +17.0% |
| 2018 | 94.9% | +1.6% |
| 2019 | 95.4% | +0.4% |
| 2020 | 90.1% | -5.5% |
| 2021 | 117.3% | +30.2% |
| 2022 | 119.0% | +1.5% |
| 2023 | 102.7% | -13.7% |
| 2024 | 96.4% | -6.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 67.7% | 50.5% | 85.5% | 10 |
| 2010s | 97.1% | 79.9% | 108.8% | 10 |
| 2020s | 105.1% | 90.1% | 119.0% | 5 |
Countries ranked near Nicaragua
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)
- Households and NPISHs Final consumption expenditure (current LCU) 7.22 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 27.89 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 88,491 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 5.77 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5919 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 1,878 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 6.89 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.875 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Nicaragua?
- Merchandise trade as a proportion of gdp in Nicaragua was 96.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Nicaragua?
- The highest recorded value was 119.0% in 2022.
- What is the lowest merchandise trade as a proportion of gdp recorded in Nicaragua?
- The lowest recorded value was 50.5% in 2001.
- How does Nicaragua rank for merchandise trade as a proportion of gdp?
- Nicaragua ranks 33rd out of 218 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Nicaragua?
- Over the last ten years it is down 5.1%. The long-run trend across the full record is rising.
- Where does this Nicaragua data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).