Factsheet : Nicaragua

Official Title:
Republic of Nicaragua


General Information

Capital: Managua
Population (million): 6.15
Total Area: 129,494km2
Currency: 1 CAN$ = 21.29202 Cordoba (NIO) (2016- Annual average)
National Holiday: 15 September
Language(s): Spanish


Political Information

Type of State:
Democratic republic

Type of Government:
Unicameral presidential democracy: National Assembly consists of 92 members (90 elected by proportional representation, one seat for outgoing president, and one seat for the runner-up in the most recent presidential election); presidential and legislative elections held every five years.

Head of State:
President Daniel ORTEGA Saavedra

Head of Government:
President Daniel ORTEGA Saavedra

Ministers:
Foreign Affairs: Denis Ronaldo Moncada Colindres
Finance and Public credit: Iván ACOSTA
Development, Industry & Commerce: Orlando SOLORZANO

Main Political Parties:
FSLN � Sandinista National Liberation Front: 71 PLC � Liberal Constitutionalist Party: 14 PLI � Independent Liberal Party: 2

Elections:
Presidential and Legislative: November 2022.


Economic Information (2016)

Comparative figures
Type Nicaragua Canada
GDP: ($ billion) 17.52 2,026.09
GDP per capita: ($) 2,849.25 55,924.85
GDP growth rate: (%) 4.7 1.47
Inflation: (%) 3.52 1.41
Unemployment: (%) 6.2 7

Product Trade and Investment (2016)

Canadian exports to country: $31,128,820
Canadian imports from country: $124,410,461
FDI in Canada: $ million
CDI in Nicaragua: $322 million


Representation

Foreign Representation in Canada:
Ambassador-Designate Maurizio Gelli

Canadian Representation Abroad:
Ambassador-Designate James Hill (Costa Rica)


November 2017
Sources include: Statistics Canada, IMF

PDF Version

Please note that all statistics reflect Canadian dollars, with some figures reflecting the yearly averages for the year. If listed as ’0’ or absent, the statistic is unavailable.
Bilateral Product trade
Canada - Nicaragua
Year Exports Imports
2012 $45,729,549 $399,616,007
2013 $34,210,410 $401,808,876
2014 $28,142,277 $348,089,157
2015 $44,063,749 $139,283,282
2016 $31,128,820 $124,410,461
Product trade (2016)
21 HS Sections
Canada - Nicaragua
Section Exports Imports
01 Animal & Prod. $38,253 $887,043
02 Veg. Prod. $327,576 $58,472,895
03 Fats, Oils & Waxes Prod. $ $3,675
04 Food Prod. $679,964 $9,569,766
05 Mineral Prod. $418,640 $30,449
06 Chemical Prod. $3,935,381 $2,254
07 Plastics, Rubber Prod. $504,513 $243,508
08 Leather, Fur Prod. $42,385 $114,010
09 Wood Prod. $109,321 $129,782
10 Paper Prod. $2,022,315 $2,830
11 Textiles Prod. $6,548,962 $41,690,783
12 Dress Access. $298,106 $2,041,769
13 Glass & Stone Prod. $41,339 $14,694
14 Precious Metals/stones $11,147 $2,650
15 Base Metal Prod. $8,164,172 $1,148
16 Mach. Mech. Elec. Prod. $6,201,776 $10,962,808
17 Vehicles and Equip. $291,367 $5,034
18 Specialized Inst. $478,720 $84,949
19 Arms & Ammunition $ $12
20 Misc. Articles $851,930 $148,739
21 Antiques $ $284