Americas · Central America

Nicaragua

Republic of Nicaragua · World’s #130 economy

Nominal GDP 2025
$22.2 billion
Population 2025
7.0 million
GDP per capita
$3,173
GDP growth 2025
4.9%
Flag of Nicaragua

Overview

Official name
Republic of Nicaragua
Capital
Managua
Region
Americas · Central America
Area
130,373 km²
Coordinates
13.00, -85.00
Languages
Spanish
Currency
Nicaraguan córdoba (NIO C$)
Calling code · domain
+505 · .ni
ISO codes
NI / NIC
Borders
Costa Rica Honduras

Map

Belize · $3.33 billion Costa Rica · $103 billion Guatemala · $123 billion Honduras · $39.6 billion Jamaica · $22.7 billion Mexico · $1.83 trillion Nicaragua · $22.2 billion Panama · $90.5 billion El Salvador · $36.7 billion
Click a neighbouring country to open its profile. Illustrative map; not a statement on borders.

Demographics

Population7.0 million2025
Population growth1.31%2025
Urban population59.4%2025
Population density56.7 people/km²2023
Life expectancy75.1 years2024
Adult literacy87.3%2014

Age structure (2025)

0–14: 28.3%15–64: 66.0%65+: 5.7%

Macroeconomy

Nominal GDP$22.2 billion2025
Real GDP growth4.9%2025
GDP per capita$3,1732025
GDP per capita (PPP)$8,7092024
GNI (PPP)$61.5 billion2025
Inflation (CPI)2.1%2025
Unemployment5.0%2025
Industry, % of GDP29.3%2025
Exports, % of GDP41.6%2025
Imports, % of GDP54.9%2025
Merchandise exports$8.89 billion2025
Merchandise imports$12.4 billion2025
FDI net inflows$1.35 billion2024

Nicaragua ranks #130 in the world by nominal GDP (2025). Full ranking →

Business environment & logistics (micro)

Logistics Performance Index2.50 / 52022
Import clearance time8.0 days2014
Total tax rate (% of profit)60.2%2017
Land area120,340 km²2023

The Logistics Performance Index (LPI) and import clearance time are published by the World Bank per survey round; total tax rate comes from the discontinued Doing Business data (2020).

Provinces, states & regions (17)

Department: 15 · Autonomous region: 2

  • Boaco NI-BO
  • Carazo NI-CA
  • Chinandega NI-CI
  • Chontales NI-CO
  • Costa Caribe Norte NI-AN
  • Costa Caribe Sur NI-AS
  • Estelí NI-ES
  • Granada NI-GR
  • Jinotega NI-JI
  • León NI-LE
  • Madriz NI-MD
  • Managua NI-MN
  • Masaya NI-MS
  • Matagalpa NI-MT
  • Nueva Segovia NI-NS
  • Rivas NI-RI
  • Río San Juan NI-SJ

Source: ISO 3166-2 (Debian iso-codes)

Seaports & logistics

PortHarbour sizeHarbour typeCargo pier depthTEU
Corinto NICIOSmallriver (natural)13.4 m—
Bluefields NIBEFSmallopen roadstead4.9 m—
Puerto Cabezas NIPUZVery smallopen roadstead10.0 m—
El Bluff NIELBVery smallcoastal (natural)3.4 m—
Puerto Sandino NIPSNVery smallopen roadstead3.4 m—

5 ports of this country in the World Port Index, ranked by scale (container throughput, harbour size, depth).

International shipping →

FTAs & trade blocs

Vietnam has no FTA with Nicaragua: MFN rates apply (if a WTO member).

Trade agreements in force (12)

Nicaragua is party to 12 regional/bilateral trade agreements in force (per the WTO). Agreements with a “Preferential rates” button are FTAs that Vietnam is also party to.

AgreementType / coverageIn forcePartners
China - Nicaragua FTA & EIA
Goods & Services
1 Jan 2024 China China
United Kingdom - Central America FTA & EIA
Goods & Services
1 Jan 2021 Costa RicaEl SalvadorGuatemalaHondurasPanamaUnited Kingdom
Korea, Republic of - Central America FTA & EIA
Goods & Services
1 Oct 2019 Costa RicaEl SalvadorHondurasSouth KoreaPanama
EU - Central America FTA & EIA
Goods & Services
1 Aug 2013 Costa RicaEl SalvadorGuatemalaHondurasPanamaAustriaBelgiumBulgariaCroatiaCyprus +22
CACM - Accession of Panama CU
Goods
6 May 2013 Costa RicaEl SalvadorGuatemalaHondurasPanama
Chile - Nicaragua (Chile - Central America) FTA & EIA
Goods & Services
19 Oct 2012 Chile Chile
Mexico - Central America FTA & EIA
Goods & Services
1 Sep 2012 Costa RicaEl SalvadorGuatemalaHondurasMexico
Panama - Nicaragua (Panama - Central America) FTA & EIA
Goods & Services
21 Nov 2009 Panama Panama
Dominican Republic - Central America - United States Free Trade Agreement (CAFTA-DR) FTA & EIA
Goods & Services
1 Mar 2006 Costa RicaDominican RepublicEl SalvadorGuatemalaHondurasUnited States
Dominican Republic - Central America FTA & EIA
Goods & Services
4 Oct 2001 Costa RicaDominican RepublicEl SalvadorGuatemalaHonduras
Global System of Trade Preferences among Developing Countries (GSTP) PSA
Goods
19 Apr 1989 AlgeriaArgentinaBangladeshBoliviaBrazilMyanmarCameroonSri LankaChileColombia +31
Central American Common Market (CACM) CU
Goods
4 Jun 1961 Costa RicaEl SalvadorGuatemalaHondurasPanama

Source: WTO Regional Trade Agreements Database (retrieved 14 Oct 2026) plus additional agreements maintained by the administrator. Lists agreements notified to the WTO and in force.

Import regulations

Look up the importing country's duties, technical rules and procedures on the Global Trade Helpdesk (ITC/UNCTAD/WTO), Market Access Map (ITC) and WTO Tariff & Trade Data. Check Vietnam's FTAs with the importing country for preferential rates with valid proof of origin.

Global Trade Helpdesk ↗Market Access Map ↗WTO Tariff & Trade Data ↗

Sourcing from Vietnam

Buyers in Nicaragua can find Vietnamese suppliers by industry, in the factory directory and at international exhibitions in Vietnam:

Steel & steel structure manufacturing →International exhibitions in VietnamContact

Data: World Bank WDI (CC BY 4.0); mledoze/world-countries (ODbL); i18n-iso-countries (MIT); ISO 3166-2 – Debian iso-codes (LGPL); NGA World Port Index 2019; map @svg-maps/world (CC BY 4.0); flags flag-icons (MIT). For reference only.