Nicaragua Trade to GDP Ratio 1960-2024

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

Nicaragua trade to gdp ratio for 2023 was 104.87%, a 10.47% decline from 2022.
Nicaragua trade to gdp ratio for 2022 was 115.34%, a 8.64% increase from 2021.
Nicaragua trade to gdp ratio for 2021 was 106.70%, a 17.79% increase from 2020.
Nicaragua trade to gdp ratio for 2020 was 88.91%, a 5.14% decline from 2019.

Data Source: World Bank

MLA Citation:

Nicaragua Trade to GDP Ratio - Historical Data
Year	Trade (% of GDP)	Annual Change
2023	104.87%	-10.47%
2022	115.34%	8.64%
2021	106.70%	17.79%
2020	88.91%	-5.14%
2019	94.04%	0.06%
2018	93.99%	-2.40%
2017	96.38%	2.57%
2016	93.81%	-4.38%
2015	98.19%	-8.50%
2014	106.70%	-4.29%
2013	110.98%	-4.19%
2012	115.18%	3.35%
2011	111.83%	11.46%
2010	100.36%	13.37%
2009	86.99%	-9.80%
2008	96.79%	3.77%
2007	93.03%	5.72%
2006	87.31%	15.66%
2005	71.65%	4.45%
2004	67.20%	5.02%
2003	62.18%	4.08%
2002	58.09%	0.11%
2001	57.98%	-3.32%
2000	61.30%	-1.24%
1999	62.54%	5.52%
1998	57.01%	-0.99%
1997	58.01%	9.52%
1996	48.48%	4.44%
1995	44.04%	4.96%
1994	39.08%	-29.20%
1993	68.29%	-2.23%
1992	70.52%	-3.81%
1991	74.33%	3.04%
1990	71.29%	-26.44%
1989	97.73%	21.48%
1988	76.25%	50.72%
1987	25.53%	-8.08%
1986	33.61%	-2.98%
1985	36.59%	-9.30%
1984	45.89%	-3.50%
1983	49.39%	7.36%
1982	42.03%	-22.09%
1981	64.13%	-3.37%
1980	67.50%	-2.66%
1979	70.16%	4.50%
1978	65.66%	-3.86%
1977	69.52%	4.68%
1976	64.84%	-0.15%
1975	64.98%	-6.70%
1974	71.68%	5.67%
1973	66.01%	1.08%
1972	64.93%	10.09%
1971	54.84%	-1.09%
1970	55.92%	4.36%
1969	51.57%	-5.51%
1968	57.08%	-4.43%
1967	61.51%	0.27%
1966	61.24%	-0.47%
1965	61.71%	2.33%
1964	59.37%	0.31%
1963	59.07%	3.73%
1962	55.34%	7.38%
1961	47.96%	-1.87%
1960	49.82%	-1.87%