Official Name: | The Republic of Nicaragua |
Sovereign Status: | Sovereign Country |
Government Type: | Presidential Republic |
Official Name (Local Language): | Republica de Nicaragua |
ISO Country Codes: | NI : NIC |
Internet Domain: | .ni |
Government Web Site: | https://www.asamblea.gob.ni/ |
Capital: | Managua | Main Airports: | Augusto C. Sandino International Airport |
Language(s): | Spanish | Population: | 6,243,931 |
Currency: | Nicaraguan Cordoba Oro | ISO Currency Code: | NIO |
Telephone Dial In: | +505 | ID Prefix: | 00 |
Government Website: | https://www.asamblea.gob.ni/ |
Sovereign Ratings: | https://countryeconomy.com/ratings/nicaragua |
Central Bank: | Banco Central de Nicaragua |
Currency USD Exchange Rate: | 30.11 cordobas (NIO) per US dollar (2017 est.) |
Unemployment Rate: | 6.4% (2017 est.) |
Population below poverty line: | 29.6% (2015 est.) |
Inflation Rate: | 5.3% (2019 est.) |
Prime Lending Rate: | 12.50% (2019 - World Bank) |
GDP: | $12.57 billion (2019 est.) |
GDP Pro Capita (PPP): | $5,407 (2019 est.) |
Currency Name: | Nicaraguan Cordoba Oro |
Currency Code: | NIO |
World Bank Classification: | Lower Middle Income |
GDP Composition:
Agriculture: | 14.2% | coffee, bananas, sugarcane, rice, corn, tobacco, cotton, sesame, soya, beans, beef, veal, pork, poultry, dairy products, shrimp, lobsters, peanuts |
Industry: | 19.3% | food processing, chemicals, machinery and metal products, knit and woven apparel, petroleum refining and distribution, beverages, footwear, wood, electric wire harness manufacturing, mining |
Services: | 66.7% |
Subject to Country Specific Sanctions? NO
The World Bank’s World Integrated Trade Solution
Business Language(s): | Spanish |
Customs & Excise: | El Tribunal Aduanero y Tributario Administrativo |
Development Bank(s): | Inter-American Development Bank; |
Competitive Ind’l Performance: 109/141 (2019) | Corruption Perceptions Index: 159/180 (2020) |
Ease of Doing Business: 142/190 (2019) | Enabling Trade Index: 76/136 (2016) |
Global Trade Alert | Search ITC's Lega Carta |
World Bank Logistics Performance Index |
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Investment & Export Promotion Agency: PRONicaragua ;
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