Page 190 - Caribbean-Central America Profile 2018

NICARAGUA

CARIBBEAN-CENTRAL AMERICA PROFILE 2018

According to the rules of the World Trade Country Profile
Organization (WTO), Nicaragua is one of the 1990 2000 2010 2016
few countries able to offer fiscal incentives World view
granted to exporters by the free trade zone laws Population, total (millions) 4.14 5.03 5.74 6.15
after 2008. Population growth (annual %) 2.2 1.5 1.2 1.1
Surface area (sq. km) (thousands) 130.4 130.4 130.4 130.4
TRADE AGREEMENTS Population density (people per sq. km of land area) 34.4 41.8 47.7 51.1
• DR-CAFTA: Free Trade Agreement Poverty headcount ratio at national poverty lines (% of population) .. .. 42.5 29.6
6.2
between Central America, the Dominican Poverty headcount ratio at $1.90 a day (2011 PPP) (% of population) 22.1 20.5 10.8 12.60
1.29
8.52
GNI, Atlas method (current US$) (billions)
4.89
Republic and the United States of America. GNI per capita, Atlas method (current US$) 310 970 1,490 2,050
• Mexico: Free Trade Agreement between the GNI, PPP (current international $) (billions) 7.87 13.23 22.00 33.17
Government of the Republic of Nicaragua GNI per capita, PPP (current international $) 1,900 2,630 3,830 5,390
and the Government of the United Mexican People
States. Income share held by lowest 20% 4.2 2.7 4.6 4.9
Life expectancy at birth, total (years) 64 70 74 75
• Chile: Free Trade Agreement between Fertility rate, total (births per woman) 4.6 3.1 2.4 2.2
Central America and Chile. Adolescent fertility rate (births per 1,000 women ages 15-19) 152 118 98 88
• Taiwan: Free Trade Agreement between Contraceptive prevalence, any methods (% of women ages 15-49) 49 69 80 ..
the Government of the Republic of Births attended by skilled health staff (% of total) 61 67 74 22 ..
26
67
40
Mortality rate, under 5 (per 1,000 live births)
Nicaragua and the Government of Taiwan. Prevalence of underweight, weight for age (% of children under 5) 9.6 7.8 .. ..
• General System of Preferences (GSP): Immunization, measles (% of children ages 12-23 months) 82 86 99 99
allows preferential access to the European Primary completion rate, total (% of relevant age group) 40 66 85 ..
Union and Japan. School enrollment, primary (% gross) 87.4 104.8 123.3 ..
School enrollment, secondary (% gross) 37 53 74 ..
• Central American Common Market: School enrollment, primary and secondary (gross), gender parity index (GPI) 1 1 1 ..
Nicaragua, Honduras, El Salvador, and Prevalence of HIV, total (% of population ages 15-49) 0.1 0.4 0.3 0.2
Guatemala, have signed an agreement Environment
to integrate their economies in order to Forest area (sq. km) (thousands) 45.1 38.1 31.1 31.1
achieve greater competitiveness in the Terrestrial and marine protected areas (% of total territorial area) 7.0 18.7 .. 22.0
global marketplace. The union has created Annual freshwater withdrawals, total (% of internal resources) .. 0.9 1.0 1.0
a common customs territory among Improved water source (% of population with access) 73 79 85 87
the countries that will result in the free Improved sanitation facilities (% of population with access) 44 54 65 68
2.6
2.0
1.7
1.7
movement of all products, regardless of Urban population growth (annual %) 487 501 515 609
Energy use (kg of oil equivalent per capita)
their origin, and the elimination of customs CO2 emissions (metric tons per capita) 0.61 0.75 0.79 0.81
requirements between the countries. Electric power consumption (kWh per capita) 308 348 514 580
• Panama: In 2007 Free Trade Agreement Economy
negotiations with Panama concluded, with GDP (current US$) (billions) 1.01 5.11 8.76 13.23
the signing of the Protocol Agreement on GDP growth (annual %) -0.1 4.1 4.4 4.7
Bilateral Cooperation and Integration. Inflation, GDP deflator (annual %) 5,018.2 .. 8.6 6.1 4.1
20
19
Agriculture, value added (% of GDP)
17
The objective of this treaty is to attract Industry, value added (% of GDP) .. 23 24 27
investment and open agribusiness markets. Services, etc., value added (% of GDP) .. 57 57 56
• ALBA: The ALBA is a social and economic Exports of goods and services (% of GDP) 25 20 40 39
cooperation agreement between Venezuela, Imports of goods and services (% of GDP) 46 41 60 57
Ecuador, Bolivia, Cuba, Antigua & Gross capital formation (% of GDP) 19 27 25 31
30.0
Barbuda, Dominica & St. Vincent and the Revenue, excluding grants (% of GDP) -34.2 11.6 14.7 16.7
Net lending (+) / net borrowing (-) (% of GDP)
-0.6
-2.8
-0.7
Grenadines. States and markets
PRONICARAGUA Time required to start a business (days) .. 47 39 13
PRONicaragua offers complimentary services Domestic credit provided by financial sector (% of GDP) 162.8 72.2 50.3 49.5
13.7
10.6
Tax revenue (% of GDP)
15.6
26.3
to qualified people and companies interested in Military expenditure (% of GDP) 102.9 0.6 0.5 0.5
exploring business opportunities in Nicaragua. Mobile cellular subscriptions (per 100 people) 0.0 1.8 68.1 122.1
These services include: Individuals using the Internet (% of population) 0.0 1.0 10.0 24.6
Investment Promotion: High-technology exports (% of manufactured exports) 6 .. 5 .. 76 5 70 0
Overall level of statistical capacity (scale 0-100)
• Complete information on investment Global links
opportunities in Nicaragua through tailor- Merchandise trade (% of GDP) 96 48 92 90
made information packages Net barter terms of trade index (2000 = 100) 155 100 82 91
• Coordination and accompaniment during External debt stocks, total (DOD, current US$) (millions) 10,977 6,822 7,002 10,490
29.4
5.0
17.3
country visits to meet with institutions and Total debt service (% of exports of goods, services and primary income) -120 -174 -135 17.5 ..
Net migration (thousands)
key companies of the sector of interest Personal remittances, received (current US$) (millions) 10 320 825 1,268
• Facilitation of contacts and assessment Foreign direct investment, net inflows (BoP, current US$) (millions) 1 267 490 888
services throughout the entire evaluation Net official development assistance received (current US$) (millions) 329.6 562.0 660.4 454.2
and decision-making process Figures in italics refer to periods other than those specified. Source: World Development Indicators database.
C-32 Caribbean-Central American Action