Nicaragua - Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies (% of total merchandise imports) in Nicaragua was 33.74 as of 2020. Its highest value over the past 60 years was 82.84 in 1960, while its lowest value was 28.02 in 2013.

Definition: Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 82.84
1961 81.05
1962 81.02
1963 80.85
1964 78.77
1965 76.97
1966 72.00
1967 71.56
1968 65.47
1969 66.32
1970 64.54
1971 62.89
1972 61.69
1973 61.21
1974 65.31
1975 60.62
1976 57.14
1977 60.96
1978 58.70
1979 45.25
1980 43.34
1981 47.80
1982 43.43
1983 40.62
1984 43.96
1985 30.74
1986 41.42
1987 42.32
1988 39.88
1989 41.73
1990 45.94
1991 48.04
1992 46.64
1993 47.28
1994 47.03
1995 56.37
1996 60.73
1997 58.08
1998 52.09
1999 52.73
2000 45.89
2001 45.53
2002 46.32
2003 45.14
2004 39.57
2005 36.48
2006 36.77
2007 36.24
2008 34.88
2009 34.71
2010 35.23
2011 29.25
2012 31.76
2013 28.02
2014 31.24
2015 35.10
2016 31.36
2017 33.75
2018 35.66
2019 37.39
2020 33.74

Development Relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies.

Limitations and Exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports