Nicaragua Nicaragua

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Nicaragua, is a country located at Central America, it has an area of 130,370 Km2.

Nicaragua, with a population of 6,850,540 people, it is one of the least populous country in the world and it has a moderate population density, 53 people per km2.

It's capital is Managua and its currency is Nicaraguan cordobas

Nicaragua is holding the 129 position by nominal GDP. Its national debt in 2022 was 6,534 millions of euros (6,886 millions of dollars), ( 43.94% debt-to-GDP ratio) and its public debt per capita is €954 euros per inhabitant$1,005 dollars per inhabitant.

The last annual rate of CPI published in Nicaragua was on August of 2024 and it was 4.5%.

In terms of the human development index (HDI) of Nicaragua, which is the index used by the United Nations to measure the progress of a country, was 0.667 points in 2021, leaving it in 126th place in the table of 191 countries published.

If the reason to visit Nicaragua are business, you must know it's in the 142th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Nicaragua, if you want to see information about other countries click here

Nicaragua Economy
Gouvernement
Annual GDP [+]2023€16,489M
Annual GDP [+]2023$17,829M
GDP per capita [+]2023€2,407
GDP per capita [+]2023$2,603
Debt (M.€.) [+]20226,534
Debt ($M) [+]20226,886
Debt (%GDP) [+]202243.94%
Debt Per Capita [+]2022€954
Debt Per Capita [+]2022$1,005
Deficit (M.€) [+]2022126
Deficit ($M) [+]2022133
Deficit (%GDP) [+]20220.85%
Expenditure (M.€) [+]20224,227.5
Expenditure ($M) [+]20224,455.3
Education Expenditure (M.€) [+]2021483.5
Education Expenditure ($M) [+]2023510,947,396.7
Education Expenditure (%Bud.) [+]20214.09%
Gov. Health Exp. (M.€) [+]2021727.4
Gov. Health Exp.($M) [+]2021860.3
Gov. Health Exp. (%Bud.) [+]202120.09%
Defence Expenditure (M.€) [+]202278.3
Defence Expenditure ($M) [+]202282.5
Defence Expenditure (%Bud.) [+]20221.97%
Expenditure (%GDP) [+]202228.43%
Expenditure Per Capita [+]2022€617
Expenditure Per Capita [+]2022$650
Education Expenditure P.C [+]2021€71
Education Expenditure P.C [+]2021$84
Gov. Health Exp. P.C. [+]2021€106
Gov. Health Exp. P.C. [+]2021$126
Defence Expenditure P.C. [+]2022€11
Defence Expenditure P.C. [+]2022$12
Moody's Rating [+]03/15/2024B2
S&P Rating [+]10/25/2022B
Fitch Rating [+]11/22/2019B-
Corruption Index [+]202219
Competitiveness Ranking [+]2019109º
Fragile States Index [+]201875.3
RTI Raking [+]202224º
Innovation Ranking [+]2016116º
Labour
Unemployment rate [+]2012Q44.4%
Unemployed [+]2012Q4140K
NMW [+]2022$177.1
NMW [+]2022€157.9
Human Capital Ranking [+]2017108º
Markets
US Dollar exchange rate [+]10/07/202436.6243
Prices
CPI (overall index) [+]August 20244.5%
Business
Doing Business [+]2020142º
Passengers vehicles Year [+]December 20191,296
Annual Vehicles/ 1,000 p. [+]December 20190.24
Vehicles / 1,000 people [+]201576.35
Taxes
Tax Revenue (%GDP) [+]202127.1%
Standard VAT [+]01/01/201315.00%
Top tax rate + SSC [+]202030.0%
Trade
Annual arrivals [+]20191,295,218
Exports [+]2023€6,823.7M
Exports [+]2023$7,378.5M
Exports % GDP [+]202341.38%
Imports [+]2023€10,095.6M
Imports [+]2023$10,916.4M
Imports % GDP [+]202361.23%
Trade balance [+]2023€-3,271.9M
Trade balance [+]2023$-3,537.9M
Trade balance % GDP [+]2023-19.84%
Socio-Demography
Global AgeWatch Ranking [+]201557º
Density [+]202153
Global Peace Ranking [+]2023123º
Remittance received ($M) [+]20171,395.2
% Immigrant [+]20200.65%
% Emigrant [+]202011.06%
Birth Rate [+]202220.02‰
Remittance sent ($M) [+]2017134.9
Crude death rate [+]20224.66‰
Fertility Rate [+]20222.28
% risk of poverty [+]201624.9%
Population [+]20216,850,540
Immigrant stock [+]202042,167
Emigrant stock [+]2020718,154
HDI [+]20210.667
Gender Gap Ranking [+]2023
Life expectancy [+]202274.62
Suicides [+]2015577
Suicide rate [+]20159.18
Number of homicides [+]2021754
Rate Homicides per 100.000 [+]202111.01
Energy and Environment
CO2 Tons per capita [+]20220.88
Consumption GWh [+]20224,169
Generation GWh [+]20224,284
Others
COVID-19 - Deaths [+]08/04/2024245
COVID-19 - Confirmed [+]08/04/202416,185
Fully vaccinated [+]08/11/20236,126,708
COVID-19 - Deaths per million population [+]08/04/202435.76
Doses administered [+]08/11/202315,507,763