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Foreign Trade (As % of GDP) rose 1.55% to 95.1% in Nicaragua in 2019

Foreign Trade (As % of GDP) (%), 2019
Economy | Nicaragua | May 1, 2021
$2.99
Excel Sheet

Foreign trade as a share of GDP rose 1.55% to 95.1% in Nicaragua in 2019, according to the National Statistical Office.

Historically, foreign trade as a share of GDP in Nicaragua reached an all time high of 115% in 2012 and an all time low of 25.5% in 1987. When compared to Nicaragua's main peers, foreign trade as a share of GDP in Costa Rica amounted to 66.0%, 77.2% in El Salvador, 96.6% in Honduras and 77.9% in Mexico in 2019.

Nicaragua has been ranked 52nd within the group of 150 countries we follow in terms of foreign trade as a share of GDP, 13 places above the position seen 10 years ago.

Foreign Trade (As % of GDP) Unit 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Belize % 132% 128% 125% 114% 113%
Costa Rica % 65.6% 67.0% 62.5% 63.9% 65.8%
El Salvador % 80.5% 78.1% 76.6% 72.8% 74.3%
Guatemala % 56.7% 55.1% 49.9% 46.4% 46.1%
Honduras % 116% 113% 107% 99.8% 102%
Mexico % 63.8% 64.9% 71.1% 76.1% 77.1%
Nicaragua % 111% 107% 98.2% 93.8% 96.4%
Panama % 138% 119% 99.9% 87.4% 87.7%
USA % 30.0% 30.0% 27.8% 26.5% 27.2%