Country information

Nicaragua

Area

129.494 km²

Capital

Managua

Government

José Daniel Ortega Saavedra

Population

6,8 million

Contact

Tonatiuh Velázquez

Regional Manager Mexico and Central America

t.velazquez@lateinamerikaverein.de

+49 (0)40 413 43 142

Economic data

Basic data 2022 2023 2024
GDP growth in % 3,8 4,6 3,5
Export in billion US$ 7,73 7,50 7,86
Import in billion US$ 10,12 9,99 7,97 (sep)
Key interest rate in % 7 7 7
Exchange rate US$/NIO 35,44 36,44 36,62
Inflation rate in % 11,5 5,6 2,8
HDI (Human Development Index) 0,627   -

Foreign Trade

Import products: Mineral fuels and oils, Electrical machinery
Import partner: USA, Mexico, China

Export products: Apparel and clothing accessories, Gold, Coffee, Meat
Export partner: USA

Notes

Update: 13.02.2023
Sources: UNDP, Worldbank, CEPAL, BCN OEC, GTAI, SEMCA, BNC