Nicaragua—Trade (% of GDP)
Category: TradeSource: World Bank World Development IndicatorsGlobal Rank: #69 of 183
Latest Value
98.5%
2024
YoY Change
-6.2%
2023 → 2024
Global Rank
#69
of 183 countries
Maximum
115.5%
2022
Minimum
58.0%
2001
CAGR
+2.0%
25 years
Last
98.5%
Previous
105.0%
Highest
115.5%
Lowest
58.0%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 98.5% | -6.2% |
| 2023 | 105.0% | -9.1% |
| 2022 | 115.5% | +8.7% |
| 2021 | 106.2% | +19.8% |
| 2020 | 88.6% | -5.7% |
| 2019 | 94.0% | +0.1% |
| 2018 | 94.0% | -2.5% |
| 2017 | 96.4% | +2.7% |
| 2016 | 93.8% | -4.5% |
| 2015 | 98.2% | -8.0% |
| 2014 | 106.7% | -3.9% |
| 2013 | 111.0% | -3.6% |
| 2012 | 115.2% | +3.0% |
| 2011 | 111.8% | +11.4% |
| 2010 | 100.4% | +15.4% |
| 2009 | 87.0% | -10.1% |
| 2008 | 96.8% | +4.1% |
| 2007 | 93.0% | +6.5% |
| 2006 | 87.3% | +21.9% |
| 2005 | 71.6% | +6.6% |
| 2004 | 67.2% | +8.1% |
| 2003 | 62.2% | +7.0% |
| 2002 | 58.1% | +0.2% |
| 2001 | 58.0% | -5.4% |
| 2000 | 61.3% |
Top Countries — Trade (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Hong Kong SAR, China | 359.5% | 2024 |
| 2 | Luxembourg | 351.3% | 2024 |
| 3 | San Marino | 341.0% | 2023 |
| 4 | Singapore | 322.4% | 2024 |
| 5 | Ireland | 246.2% | 2024 |
| 6 | Djibouti | 241.2% | 2024 |
| 7 | Malta | 218.2% | 2024 |
| 8 | Virgin Islands (U.S.) | 205.6% | 2022 |
| 9 | United Arab Emirates | 199.0% | 2023 |
| 10 | Cyprus | 190.4% | 2024 |
About This Indicator
Definition
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Data compiled by Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).
Source: World Bank - World Development IndicatorsView original source →