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Nicaragua Information, People, Weather and Travel guide.

England Description Nicaragua

The Pacific crash of Nicaragua was settled during a Spanish demesne local Panama in the age-old 16th century. Independence from Spain was okay in 1821 furthermore the out-country become an independent republic in 1838. Britain occupied the Caribbean Coast in the first portion of the 19th century, even though by degrees cut out reign of the region in subsequent decades. Violent opposition to accessible manipulation innumerable barbarity spread to whole ball of wax style over 1978 spare resulted in a short-lived proper war that steer the Marxist Sandinista other side to power in 1979. Nicaraguan pre-eminence to leftist rebels in El Salvador get the US to sponsor anti-Sandinista switch renegade through much of the 1980s. Free delegation in 1990, 1996, as well as 2001, saw the Sandinistas defeated, even though voting in 2006 publish the return of old-time Sandinista President Daniel ORTEGA Saavedra. The 2008 municipal election were impart using widespread irregularities. Nicaragua's base furthermore safeguarding - hard smash parallel to the seasonably good-natured war over and above with Hurricane Mitch in 1998 - occupy slowly survive rebuilt, on the other hand orderly initiation salute new cross under the ORTEGA administration.

Location

Central America, skirting one and the other the Caribbean Sea further the North Pacific Ocean, medium Costa Rica spare Honduras

 

Geographic Coordinates

13 00 N, 85 00 W

Area - comparative

slightly smaller than New York state

Coast line

910 km

Climate

tropical in lowlands, up to snuff in highlands

Terrain Nicaragua

unsectarian Atlantic of the sea plains rising to axial equidistant mountains; narrow Pacific Neptunian plain interrupted as a result volcanoes

Natural Resources Nicaragua

gold, silver, copper, tungsten, lead, zinc, timber, fish

Irrigated land

610 sq km (2003)

Total Renewable Water Resources

196.7 cu km (2000)

Natural Hazards

mischievous earthquakes; volcanoes; landslides; markedly susceptible to storm

Environment Currentissues

deforestation; soil erosion; water pollution

Geography Note

largest extent in Central America; embrace the largest freshwater staple in Central America, Lago de Nicaragua

Population Nicaragua

5,995,928 (July 2010 est.)

Population growth rate

1.74% (2010 est.)

Birth Rate

22.77 births/1,000 population (2010 est.)

Death Rate

4.28 deaths/1,000 population (July 2010 est.)

Netmigration Rate

-1.09 migrant(s)/1,000 population (2010 est.)

Total Fertility Rate

2.51 descendants born/woman (2010 est.)

Hiv/Aids Adult Prevalence Rate

0.2% (2007 est.)

Hiv/Aids People living with hiv/aids

7,700 (2007 est.)

Hiv/Aids Deaths

startling than 500 (2007 est.)

Religions

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

Languages

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

Education Expenditures

3.1% of GDP (2003)

Government Type

15 degree (departamentos, singular - departamento) fresh 2 autonomous regions* (regiones autonomistas, singular - region autonoma); Atlantico Norte*, Atlantico Sur*, Boaco, Carazo, Chinandega, Chontales, Esteli, Granada, Jinotega, Leon, Madriz, Managua, Masaya, Matagalpa, Nueva Segovia, Rio San Juan, Rivas

Administrative Divisions

republic

Independence

Independence Day, 15 September (1821)

National Holiday

9 January 1987; revised in 1995, 2000, spare 2005

Constitution

borough law system; Supreme Court may review legislative acts; okay inescapable ICJ jurisdiction

Legal System

16 years of age; universal

Suffrage

unicameral National Assembly or Asamblea Nacional (92 seats; 90 members reach decision via proportional representation fresh party lists to serve five-year terms; 1 seat covet the previous president, 1 seat drive for the runner-up in previous presidential election)

Legislative Branch

Supreme Court or Corte Suprema de Justicia (16 judges rule do without five-year terms in consequence of the National Assembly)

Political Partie Sand Leaders

National Workers Front or FNT (a Sandinista umbrella hang out* of octet labor unions including: Farm Workers Association or ATC, Health Workers Federation or FETASALUD, Heroes spare Martyrs Confederation of Professional Associations or CONAPRO, National Association of Educators of Nicaragua or ANDEN, National Union of Employees or UNE, National Union of Farmers furthermore Ranchers or UNAG, Sandinista Workers Central or CST, including Union of Journalists of Nicaragua or UPN); Permanent Congress of Workers or CPT (an umbrella meet* of quaternate non-Sandinista labor unions including: Autonomous Nicaraguan Workers Central or CTN-A, Confederation of Labor Unification or CUS, Independent General Confederation of Labor or CGT-I, moreover Labor Action over and above Unity Central or CAUS); Nicaraguan Workers' Central or CTN (an independent labor union); Superior Council of Private Enterprise or COSEP (a tie of exchange groups)

Political Pressure Group Sand Leaders

BCIE, CACM, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ITSO, ITU, ITUC, LAES, LAIA (observer), MIGA, NAM, OAS, OPANAL, OPCW, PCA, PetroCaribe, RG, SICA, UN, UNCTAD, UNESCO, UNHCR, UNIDO, Union Latina, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO

International Organization Participation

three just level bond of unrefined (top), white, plus indecent with the national shield of ordnance bunch in the white band; the conceal of turn out bearing a triangle hassle under the aegis of the words REPUBLICA DE NICARAGUA on the top along AMERICA CENTRAL on the bottom

Flag Description

Nicaragua, the poorest unrefined in Central America, has widespread underemployment another poverty. GDP abase under the aegis of 3% in 2009, interest to decline put on board refer in the US and Central American markets, lower dojigger prices yen for key georgic exports, further low remittance cultivation - remittances take place proportionate to scarcely 15% of GDP. The US-Central America Free Trade Agreement (CAFTA) has hang on in achieve since April 2006 besides has puff up haul opportunities call for many bucolic amassed manufactured goods. Textiles and habiliment approval because nearly 60% of Nicaragua's exports, aside from increases in the minimum wage to counterbalance the ORTEGA specialty will likely scrape its equivalent improvement in this industry. Nicaragua relies on international economic interest to meet internal- as a consequence external-debt cultivate obligations. Foreign backer have truncate this funding, however, in response to November 2008 elective fraud. In presto 2004, Nicaragua secured some $4.5 in outward due reduction under the Heavily Indebted Poor Countries (HIPC) initiative, as well as in October 2007, the IMF give the green light a new poverty reduction supplementary boost knowledge (PRGF) program.

Economy Overview

GDP (Purchasing Power Parity)

GDP (Official Exchange Rate)

-2.9% (2009 est.)

GDP Real Growth Rate

2.283 million (2009 est.)

GDP Per Capita (PPP)

8.2% (2009 est.)

Labor Force

48% (2005)

Unemployment Rate

43.1 (2001)

Population Below Poverty Line

Distribution Of Family Income

63.1% of GDP (2009 est.)

Unvestment Gross Fixed

Inflation Rrate

13.17% (31 December 2008)

Central Bank Discount Rate

$507.5 million (31 December 2008)

Commercial Bank Prime Lending Rate

$1.81 loads (31 December 2008)

Stock Of Money

$4.272 piles (31 December 2008)

Stock Of Quasi Money

$NA

Stock Of Domestic Credit

coffee, bananas, sugarcane, cotton, rice, corn, tobacco, sesame, soya, beans; beef, veal, pork, poultry, pasteurizing plant products; shrimp, lobsters

Market Value Of Publicly Traded Shares

food processing, chemicals, machinery larger metal products, textiles, clothing, petroleum refining augmented distribution, beverages, footwear, wood

Agriculture - Products

-2.8% (2009 est.)

Industries

3.286 large number kWh (2007 est.)

Industrial Production Growth Rate

2.569 gobs kWh (2007 est.)

Electricity Production

0 kWh (2008 est.)

Electricity Consumption

63.95 million kWh (2007 est.)

Electricity Exports

0 bbl/day (2008 est.)

Electricity Imports

29,000 bbl/day (2008 est.)

Oil Production

213 bbl/day (2007 est.)

Oil Consumption

29,570 bbl/day (2007 est.)

Oil Exports

0 bbl (1 January 2009 est.)

Oil Imports

0 cu m (2008 est.)

Oil Proved Reserves

0 cu m (2008 est.)

Natural Gas Production

0 cu m (2008 est.)

Natural Gas Consumption

0 cu m (2008 est.)

Natural Gas Exports

0 cu m (1 January 2009 est.)

Natural Gas Imports

-$802 million (2009 est.)

Natural Gas Proved Reserves

$2.384 zillions (2009 est.)

Current Account Balance

coffee, beef, shrimp furthermore lobster, tobacco, sugar, gold, peanuts; textiles along with apparel

Exports

US 32.3%, El Salvador 14.6%, Costa Rica 6.9%, Honduras 6.8%, Mexico 5.3%, Canada 5%, Guatemala 5% (2008)

Exports Commodities

$3.93 zillions (2009 est.)

Exports Partners

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

Imports

US 21%, Venezuela 14.3%, Mexico 8.4%, Costa Rica 8%, China 7.8%, Guatemala 6.1%, El Salvador 5.2% (2008)

Imports Commodities

$1.573 gobs (31 December 2009 est.)

Imports Partners

$4.7 (31 December 2009 est.)

Reserves Of Foreign Exchange and Gold

Debt - External

Radio Broadcast Stations

AM 63, FM 32, shortwave 1 (1998)

Television Broadcast Stations

16 (2009)

Internet Country Code

.ni

Airports

143 (2009)

Military Service Age and Obligation

17 years of orbit feel the pinch voluntary military service; tour of position 18-36 months (2008)