Nicaragua : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook


$6.466 billion (2011 est.)
$4.792 billion (2010 est.)


$3.967 billion (2011 est.)
$3.157 billion (2010 est.)

Inflation rate (consumer prices)

8.1% (2011 est.)
5.5% (2010 est.)

Unemployment rate

7.3% (2011 est.)
7.8% (2010 est.)
note: underemployment was 46.5% in 2008

GDP - per capita (PPP)

$3,200 (2011 est.)
$3,100 (2010 est.)
$3,000 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

2.8% (2010 est.)
-1.5% (2009 est.)
2.8% (2008 est.)

Internet users

199,800 (2009)

Telephones - mobile cellular

3.771 million (2009)

Population growth rate

1.067% (2012 est.)


5,727,707 (July 2012 est.)

Historical background

The Pacific coast of Nicaragua was settled as a Spanish colony from Panama in the early 16th century.

Independence from Spain was declared in 1821 and the country became an independent republic in 1838.

Britain occupied the Caribbean Coast in the first half of the 19th century, but gradually ceded control of the region in subsequent decades.

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Economic overview

Nicaragua, the poorest country in Central America and the second poorest in the Hemisphere, has widespread underemployment and poverty.

The US-Central America Free Trade Agreement (CAFTA) has been in effect since April 2006 and has expanded export opportunities for many agricultural and manufactured goods.

Textiles and apparel account for nearly 60% of Nicaragua's exports, but increases in the minimum wage during the ORTEGA administration will likely erode its comparative advantage in this industry.

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The Economist Intelligence Unit

Country Risk Service Nicaragua February 2015 Updater

Country Risk Service Nicaragua February 2015 Updater

  • $ 520
  • Country report
  • February 2015
  • by The Economist Intelligence Unit


  • Countries : Nicaragua

PRS Group

Country Forecasts (Subscription, two issues per year, April & October)

Country Forecasts (Subscription, two issues per year, April & October)

  • $ 899
  • Country report
  • October 2014
  • by PRS Group

Country Forecasts is a 480-page perfect-bound volume published in April and October. This publication provides a four-page summary of forecasts and data for each of the 100 countries monitored by Political ...

  • Countries : World, South America, Asia, Europe, North America, Africa, Dominican Republic, Czech Republic, South Korea, Philippines, Guinea, Congo, Democratic Republic Of, Papua New Guinea, New Zealand, Australia, Venezuela, Argentina, United States, Nicaragua, Guatemala, El Salvador, Dominica, Costa Rica, United Kingdom, Switzerland, Netherlands, United Arab Emirates, Sri Lanka, Singapore, Saudi Arabia, Kazakhstan, Indonesia, Bangladesh, Azerbaijan, South Africa, Uruguay, Suriname, Paraguay, Guyana, Ecuador, Chile, Colombia, Bolivia, Brazil, Panama, Mexico, Jamaica, Honduras, Haiti, Canada, Ukraine, Sweden, Spain, Slovakia (slovak Republic), Russian Federation, Romania, Portugal, Poland, Norway, Italy, Ireland, Hungary, Greece, France, Germany, Finland, Denmark, Bulgaria, Belgium, Austria, Vietnam, Thailand, Taiwan, Syrian Arab Republic, Pakistan, Myanmar, Malaysia, Kuwait, Japan, Israel, India, China, Zimbabwe, Zambia, Tunisia, Sudan, Nigeria, Morocco, Libyan Arab Jamahiriya, Kenya, Ivory Coast (cote D'ivoire), Gabon, Ghana, Egypt, Cameroon, Botswana, Angola, Algeria, Oceania, Peru, Cuba, Oman, Iraq, Iran


Nicaragua - ISA Country Report

Nicaragua - ISA Country Report

  • $ 99
  • Country report
  • March 2015
  • by ISA

This report contains detailed forecasts and analysis for Nicaragua, including trade and investment analysis, economic forecasts, political risk assessments and demographic trend analysis. Each ISA Country ...

  • Countries : Nicaragua

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