Source
Central bank

Central Bank of Nicaragua

International Reserves

US$ 1.892 billion (Source: IMF; Data updated: 2012)

Source
Gross Domestic Product - GDP

US$ 7.695 billion (2010 estimate)

GDP (Purchasing Power Parity)

19.827 billion of International dollars (2010 estimate)

Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
3% 0.8% 2.5% 5.3% 4.3% 4.2% 3.1% 2.8%
2009 2010 2011 2012*        
-1.5% 4.5% 4.7% 3.7%        

*Estimate

GDP per capita - current prices

US$ 1,291 (2007 estimate)

GDP per capita - PPP

$3,325 International Dollars (2007 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
0.04% 0.03% 0.03% 0.02% 0.02%

**Forecast

 
 
Source
GDP - composition by sector

(Data released on February 2012)

  • agriculture: 19% 
  • industry: 26.1% 
  • services: 55% (2011 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
3.7%(2008) 5.5% 8.1% 9%

*Estimate

Unemployment rate
2009 2010 2011 2012*
8.2% 7.8% 7.8%(2009) 7.8%

*Estimate

Household saving rates

N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
76.6% 82.1% 79.9% 72% 68.7%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
-0.8% -1.9% -0.5% 0.5% -0.9%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: N/A

Moody's rating: B3

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
N/A N/A N/A
Largest companies in Nicaragua

N/A

 
 
Source
Current account balance

US$ -1.5 billion (2010 estimate)(After 2008)

Current account balance by percentage of GDP

-19.8% of GDP (2010 estimate)(2009)

Exports as percent of GDP(Exports of goods and services)

41.3% (2010)

(Data released on April 2012)

Shares in world total merchandising export

0.01%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export

0.01% (2011)(2007)

(Data were released in 2012)

Total exports

US$4.16 billion (2012 estimate) 

Export commodities

coffee, beef, gold, sugar, peanuts, shrimp and lobster, tobacco, cigars, automobile wiring harnesses, textiles, apparel, cotton

Total imports

US$6.519 billion (2012 estimate) 

 
 
Source
Import commodities

consumer goods, machinery and equipment, raw materials, petroleum products

Exports - major partners

US 60.2%, Canada 8.3%, El Salvador 4.6% (2011)

Imports - major partners

US 22%, Venezuela 14.5%, Costa Rica 9%, China 8.8%, Guatemala 8.3%, Mexico 7.2%, El Salvador 5.6%, South Korea 4.1% (2011)

FDI inflows
2009 2010 2011
US$434 million US$508 million(2009) US$968 million(2009)
FDI outflows
2009 2010 2011  
US$15 million US$14 million US$15 million  
Value of cross-border M&A;, by country of purchaser
2008 2009 2010 2011
N/A N/A(2009) N/A(2009) N/A
Cross-border M&A; deals worth over $3 billion completed in 2010(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2011(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project (Economies are ranked on their ease of doing business, from 1 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 119 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 131 out of 185 countries(2009)

Enforcing Contracts: 55 out of 185 countries

Registering Property: 123 out of 185 countries

Getting credit: 104 out of 185 countries

Protecting investors: 100 out of 185 countries

Trading across border: 81 out of 185 countries

Paying Taxes: 158 out of 185 countries

Dealing with Construction Permits: 154 out of 185 countries

Getting Electricity: 129 out of 185 countries

Resolving Insolvency: 80 out of 185 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

108

(2012)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 101 Score: 57.9 (Mostly Unfree) (2009)

(100=totally free 0=totally repressed )

 
 
Source
Total area

120,340 km2 (2006)

Capital

Managua (2009)

Currency

gold cordobas (NIO) (2009)

Government type

republic (2009)

Languages

Spanish 97.5% (official), Miskito 1.7%, other 0.8% (1995 census)

Religions

Roman Catholic 58.5%, Evangelical 21.6%, Moravian 1.6%, Jehovah's Witness 0.9%, other 1.7%, none 15.7% (2005 census)

Total population
1980 1990 2000 2012* 2017**
N/A N/A N/A 5.96 million 6.42 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2011
39.6% 49.9% 54.7% 57.6%
Population median age

22 years (2010)

Population growth rate

1.4% (2011)

Life expectancy

74 years (2010)

Adult literacy

78% (2005/2010)

% of population living on less than $2 a day

31.86% (2011)

Inequality of wealth distribution (Gini index)

40.47 (2005)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:5
Civil Liberties:4 (2011)

(1 represents the most free, 7 the least free)

Source
Total telephone subscribers as % of population

87.05% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

10.6% (Data were released in 2012 and refer to 2011)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Managua: 213th (2011)

Source
CO2 emissions(Metric tons of CO2 per capita)

0.7816 (Data were released in 2012 and refer to 2009)

World's Best Developed & Emerging Markets Banks

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World's Best Banks

2012

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