Introduction

flag Nicaragua Nicaragua: Introduction

Capital: Managua

Population

Total Population: 6,948,392
Natural Increase: 1.4%
Density: 57 Inhabitants/km²
Urban Population: 59.6%
Ethnic Origins: The majority of the population of Nacaragua is composed of mestizos (mixed Amerindian and American/European), but there are also Americans, Europeans, people of African descent and Amerindians.
Official Language: Spanish
Other Languages Spoken: Miskito, English Creole, Sumo, Garifuna
Business Language(s): English
Religion: Roman Catholic 72.9%, Evangelical 15.1%, Moravian 1.5%, Episcopal 0.1%, Others 1.9%, None 8.5%.
Literacy Rate: 76.7%

Local Time:

It is %T:%M %A In Managua

Exchange Rate on :

National Currency: Nicaraguan Cordoba Oro (NIO)

Country Overview

Area: 130,370 km²
Type of State: Democratic Republic.
Type of Economy: Lower-middle-income economy.
A country heavily in debt; the economy is based on agriculture.
HDI*: 0.631/1
HDI (World Rank): 125/188

Note: (*) The HDI, Human Development Index, is an Indicator Which Synthesizes Several Data Such as Life Expectancy, Level of Education, Professional Careers, Access to Culture etc.

Telecommunication

Telephone Code:
To call from Nicaragua, dial 00
To call Nicaragua, dial +505
Internet Suffix: .ni
Telephone Lines: 5.4 per 100 Inhabitants
Internet Users: 13.5 per 100 Inhabitants
Access to Electricity: 77.9% of the Population

Foreign Trade in Figures

 
Foreign Trade Indicators 20192020202120222023
Imports of Goods (million USD) 6,8376,37710,16611,24710,916
Exports of Goods (million USD) 5,2725,0876,4957,3607,378
Imports of Services (million USD) 8556138671,1131,115
Exports of Services (million USD) 1,3739461,0441,5601,552

Source: WTO – World Trade Organisation, Latest data available.

 

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Latest Update: May 2024