Nicaragua

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There is a question for which we will never know the answer: had the U.S. not launched the Contra war to overthrow the Sandinista government, would they have succeeded in bringing socio-economic justice to the people of Nicaragua?

Bianca Jagger

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Analysis

Analysis:

Overview: Nicaragua

 

If there was something strange and surprising about the canal plans, the same could not be said of Nicaragua’s November 2012 Presidential election, which provided little of either. The victory of the incumbent Daniel Ortega was expected by most Nicaraguans. As the votes were counted, Mr Ortega appeared to have won with a larger margin than the polls had predicted. Early results gave him over 60 per cent of the vote in a field of five candidates. The ruling party, the Sandinista National Liberation Front (FSLN), won a comparable share of the vote in the elections to the National Assembly, which meant that Mr Ortega would probably have a majority big enough to allow him to change the constitution if he so wished. Nicaragua’s constitution currently limits presidents to two non-consecutive terms. However, this provision had already been overruled by the Supreme Court.

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Profile

Profile:

Profile: Nicaragua

- Timeline

- Political structure

- Population,

- Education  

- Health

- Welfare

- Main cities

- Languages spoken

- Media

- Economy

- Agriculture

- Industry and manufacturing

- Tourism

- Mining,

- Hydrocarbons

- Energy

- Financial markets

- Banking and insurance

- Time

- Geography

- Climate

- Dress codes

- Entry requirements

- Health (for visitors)

- Hotels

- Credit cards

- Public holidays

- Working hours

- Telecommunications

- Electricity

- Social customs and useful tips

- Security

- Getting there

- Getting about

To purchase your copy of the World of Information Profile and Overview of Nicaragua: CLICK HERE

Key Facts

Key Facts:

Key Facts
Official name: República de Nicaragua (Republic of Nicaragua)
Head of State: President Jose Daniel Ortega (from 2007; re-elected 6 Nov 2011)
Head of government: President Jose Daniel Ortega (from 2007; re-elected 6 Nov 2011)
Ruling party: Frente Sandinista de Liberación Nacional (FSLN) (Sandinista National Liberation Front) (from 2007; re-elected 6 Nov 2011)
Area: 147,950 square km
Population: 6.22 million (2014)*
Capital: Managua
Official language: Spanish
Currency: Córdoba de oro (gold córdoba) (C) = 100 centavos
Exchange rate: C27.51 per US$ (Sep 2015)
GDP per capita: US$1,881 (2014)*
GDP real growth: 4.54% (2014)*
GDP: US$11.71 billion (2014)*
Unemployment: 4.83% (2014)*
Inflation: 6.04% (2014)
Balance of trade: -US$2.40 billion (2014)
Annual FDI: US$967.90 million (2011)
* estimated figure

















 

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