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Last update: January, 21 2021

Nicaragua

flag of Nicaragua
Government
NameRepublic of Nicaragua
SpanishRepública de Nicaragua
Government typepresidential republic
CapitalManagua (1,042,641 (2016))
Currencycórdoba (NIO)
People
Population (2020)6,624,554 (112th)
Density of population51 P/km2 (155th)
NationalityNicaraguan
Official languages
Spanish
Ethnic groups
mestizo (mixed Amerindian and white)69%
white17%
black9%
Amerindian5%
Religions (2017)
Roman Catholic50%
Evangelical33.2%
other2.9%
unspecified13.2%
none0.7%
Life expectancy (2020)
Male72 years
Female76.6 years
Total population74.2 years (134th)
Homicides
Total (2016)7.2 per 100,000 people (44th)
Geography
Land area119,990 km2
water area10,380 km2
total area130,370 km2 (99th)
Mean elevation298 m
Lowest point
Pacific Ocean0 m
Highest point
Mogoton2,085 m
Land use (2011)
Agricultural land42.2%
Arable land12.5%
Permanent crops2.5%
Permanent pasture27.2%
Forest25.3%
Other32.5%
Urbanization
Urban population (2020)59%
Rate of urbanization1.45% annual rate of change (2015 – 2020)
Economy
Labor force (2017)3.046 million  (103rd)
Labor force by occupation (2011)
Agriculture31%
Industry18%
Services 50%
Unemployment rate (2017)6.4% (95th)
GDP (PPP) (estimate 2018)
Total$35.757 billion (115th)
Per capita$5,683 (129th)
GDP (nominal) (estimate 2018)
Total$13.380 billion (127th)
Per capita$2,126 (134th)
GDP by sector (estimate 2017)
Agriculture15.5%
Industry24.4%
Services60%
Exports (2017)$3.819 billion (119th)
Exports partners (2017)
US44.2%
El Salvador6.4%
Venezuela5.5%
Costa Rica5.5%
Imports (2017)$6.613 billion (116th)
Imports partners (2017)
US20.8%
China14.3%
Mexico11.1%
Costa Rica7.9%
Guatemala7%
El Salvador5.6%

Nicaragua on the world map

Nicaragua on the world map

Nicaragua top 10 largest cities (2016)

  1. Managua (1,042,641)
  2. León (206,264)
  3. Masaya (176,344)
  4. Matagalpa (158,095)
  5. Tipitapa (140,569)
  6. Chinandega (135,154)
  7. Jinotega (133,705)
  8. Granada (127,892)
  9. Estelí (126,290)
  10. Puerto Cabezas (113,534)

Demography

Population pyramid

population pyramid of Nicaragua (2020)

Age structure data

Estimate for 2020:

  • 0-14 years: 25.63% (male 811,731/female 777,984)
  • 15-24 years: 19.51% (male 609,962/female 600,567)
  • 25-54 years: 42.41% (male 1,254,683/female 1,376,052)
  • 55-64 years: 6.63% (male 188,591/female 222,766)
  • 65 years and over: 5.82% (male 159,140/female 201,965)

Remark: the age structure of a population affects a nation’s key socioeconomic issues. Countries with young populations (high percentage under age 15) need to invest more in schools, while countries with older populations (high percentage ages 65 and over) need to invest more in the health sector. The age structure can also be used to help predict potential political issues. For example, the rapid growth of a young adult population unable to find employment can lead to unrest.

Population from 1950 to 2020

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Source: United Nations, Department of Economic and Social Affairs, Population Division (2019). World Population Prospects 2019, Online Edition. Rev. 1.


Evolution of the life expectancy from 1960 to 2018

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Source: World Development Indicators, The World Bank

Economy

Agriculture:

coffee, bananas, sugarcane, rice, corn, tobacco, cotton, sesame, soya, beans, beef, veal, pork, poultry, dairy products, shrimp, lobsters, peanuts

Industries:

food processing, chemicals, machinery and metal products, knit and woven apparel, petroleum refining and distribution, beverages, footwear, wood, electric wire harness manufacturing, mining

Exports – commodities:

coffee, beef, gold, sugar, peanuts, shrimp and lobster, tobacco, cigars, automobile wiring harnesses, textiles, apparel

Imports – commodities:

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

Time zone and current time in Nicaragua

Go to our interactive map to get the current time in Nicaragua

Sources: