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Nicaragua Imports (% GDP)

Nicaragua's imports (% GDP) fell to 58.06% in 2024, down from 59.15% in 2023, according to World Bank. This represents a decrease of 1.09% from the previous year. Nicaragua has imports (% GDP) higher than the global median (58.06% vs median 45.74%). Compared with the median in Americas, Nicaragua is higher (58.06% vs regional median 38.78%) and ranks 6th out of 32 countries in Americas.

Nicaragua's exports (% GDP) fell to 40.46% in 2024, down from 45.85% in 2023.

Yearly Historical Data (1960-2024)

(in %)
Year Imports (% GDP)
2024 58.06%
2023 59.15%
2022 65.56%
2021 59.8%
2020 46.89%
2019 49.24%
2018 51.71%
2017 55.04%
2016 54.93%
2015 58.11%
2014 61.69%
2013 65.77%
2012 67.71%
2011 66.81%
2010 59.9%
2009 53.01%
2008 62.32%
2007 59.96%
2006 56.04%
2005 47.26%
2004 44.14%
2003 41.47%
2002 39.24%
2001 38.94%
2000 41.19%
1999 44.01%
1998 37.68%
1997 38.59%
1996 31.64%
1995 27.94%
1994 25.94%
1993 47.86%
1992 53.27%
1991 52.51%
1990 46.34%
1989 65.19%
1988 58.27%
1987 13.76%
1986 20.83%
1985 21.83%
1984 29.45%
1983 29.99%
1982 26.06%
1981 41.78%
1980 43.27%
1979 28.13%
1978 31.25%
1977 37.43%
1976 31.84%
1975 36.94%
1974 42.61%
1973 37.8%
1972 29.64%
1971 28.54%
1970 29.19%
1969 27.18%
1968 30.39%
1967 35.04%
1966 34.12%
1965 32.41%
1964 30.5%
1963 30.24%
1962 28.9%
1961 24.55%
1960 26.17%
Nicaragua Imports (% GDP) : Definition
Imports (% GDP) measures the value of goods and services bought from other countries 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
Exports (% GDP) 40.46% 45.85% 2024
FDI Inflows (% GDP) 6.87% 6.26% 2024
Net Trade (Goods & Services, BoP) -$3.3B -$2.27B 2024
Tariff Rate 2.98% 3.04% 2022
Trade (% GDP) 98.53% 105% 2024