Binding coverage, primary products in Nicaragua
Nicaragua: Binding coverage, primary products was 0.0% in 2022. ▼ Falling
Binding coverage, primary products in Nicaragua, 1995–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2022, binding coverage, primary products in Nicaragua stood at 0.0%. That is the lowest value across all 28 years on record.
The figure is down 100.0% on the previous year and down 100.0% over ten years.
Over the whole period, binding coverage, primary products in Nicaragua peaked at 100.0% in 1995 and was at its lowest, 0.0%, in 2022.
That places Nicaragua 60th out of 158 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 28 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 100.0% | 100.0% | 100.0% | 5 |
| 2000s | 100.0% | 100.0% | 100.0% | 10 |
| 2010s | 100.0% | 99.9% | 100.0% | 10 |
| 2020s | 66.6% | 0.0% | 99.9% | 3 |
Countries ranked near Nicaragua
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- 60 Bahrain 0.0% compare
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- 60 Croatia 0.0% compare
- 60 Cyprus 0.0% compare
- 60 Czechia 0.0% compare
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- 60 Eswatini 0.0% compare
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- 60 Guinea-Bissau 0.0% compare
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- 60 Slovenia 0.0% compare
- 60 Solomon Islands 0.0% compare
- 60 South Africa 0.0% compare
- 60 Spain 0.0% compare
- 60 Sweden 0.0% compare
- 60 Switzerland 0.0% compare
- 60 Tanzania 0.0% compare
- 60 Thailand 0.0% compare
- 60 Togo 0.0% compare
- 60 Turkey 0.0% compare
- 60 Uganda 0.0% compare
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- 60 United States 0.0% compare
- 60 Vanuatu 0.0% compare
- 60 Zambia 0.0% compare
More private sector data for Nicaragua
- Merchandise exports 8.89 billion current US$ (2025)
- Manufactures exports 37.0% (2024)
- Food exports 42.6% (2024)
- Merchandise imports 12.43 billion current US$ (2025)
- Manufactures imports 68.6% (2024)
- Food imports 16.6% (2024)
- Merchandise trade 95.9% (2025)
- Commercial service exports 1.19 billion current US$ (2024)
- Transport services 57.8% (2024)
- Computer, communications and other services 9.6% (2024)
Frequently asked questions
- What is binding coverage, primary products in Nicaragua?
- Binding coverage, primary products in Nicaragua was 0.0% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest binding coverage, primary products recorded in Nicaragua?
- The highest recorded value was 100.0% in 1995.
- What is the lowest binding coverage, primary products recorded in Nicaragua?
- The lowest recorded value was 0.0% in 2022.
- How does Nicaragua rank for binding coverage, primary products?
- Nicaragua ranks 60th out of 158 countries with data for 2022.
- Is binding coverage, primary products rising or falling in Nicaragua?
- Over the last ten years it is down 100.0%. The long-run trend across the full record is falling.
- Where does this Nicaragua data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Binding coverage, primary products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).