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Nicaragua Exports (% GDP)

Nicaragua's exports (% GDP) fell to 40.46% in 2024, down from 45.85% in 2023, according to World Bank. This represents a decrease of 5.39% from the previous year. Nicaragua has exports (% GDP) higher than the global median (40.46% vs median 37.25%). Compared with the median in Americas, Nicaragua is higher (40.46% vs regional median 36.99%) and ranks 12th out of 32 countries in Americas.

Nicaragua's imports (% GDP) fell to 58.06% in 2024, down from 59.15% in 2023.

Yearly Historical Data (1960-2024)

(in %)
Year Exports (% GDP)
2024 40.46%
2023 45.85%
2022 49.9%
2021 46.4%
2020 41.75%
2019 44.8%
2018 42.28%
2017 41.34%
2016 38.88%
2015 40.08%
2014 45.01%
2013 45.21%
2012 47.47%
2011 45.02%
2010 40.47%
2009 33.98%
2008 34.47%
2007 33.06%
2006 31.27%
2005 24.38%
2004 23.06%
2003 20.7%
2002 18.85%
2001 19.04%
2000 20.11%
1999 18.53%
1998 19.33%
1997 19.42%
1996 16.85%
1995 16.1%
1994 13.14%
1993 20.43%
1992 17.25%
1991 21.82%
1990 24.95%
1989 32.54%
1988 17.98%
1987 11.77%
1986 12.78%
1985 14.77%
1984 16.44%
1983 19.4%
1982 15.98%
1981 22.34%
1980 24.23%
1979 42.02%
1978 34.41%
1977 32.09%
1976 32.99%
1975 28.04%
1974 29.07%
1973 28.21%
1972 35.29%
1971 26.3%
1970 26.73%
1969 24.39%
1968 26.68%
1967 26.46%
1966 27.12%
1965 29.3%
1964 28.87%
1963 28.82%
1962 26.43%
1961 23.4%
1960 23.65%
Nicaragua Exports (% GDP) : Definition
Exports (% GDP) measures the value of goods and services sold abroad by Nicaragua compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $7.38B $7.36B 2023
Annual Imports $10.91B $11.25B 2023
FDI Inflows (% GDP) 6.87% 6.26% 2024
Imports (% GDP) 58.06% 59.15% 2024
Net Trade (Goods & Services, BoP) -$3.3B -$2.27B 2024
Tariff Rate 2.98% 3.04% 2022
Trade (% GDP) 98.53% 105% 2024