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(opens in new window) The Pacific coast of Nicaragua was settled as a Spanish colony from Panama
in the early 16th century. Independence from Spain was declared in 1821 and
the country became an independent republic in 1838. Britain occupied the
Caribbean Coast in the first half of the 19th century, but gradually ceded
control of the region in subsequent decades. Violent opposition to
governmental manipulation and corruption spread to all classes by 1978 and
resulted in a short-lived civil war that brought the Marxist Sandinista
guerrillas to power in 1979. Nicaraguan aid to leftist rebels in El
Salvador caused the US to sponsor anti-Sandinista contra guerrillas through
much of the 1980s. Free elections in 1990, 1996, and again in 2001, saw the
Sandinistas defeated. The country has slowly rebuilt its economy during the
1990s, but was hard hit by Hurricane Mitch in 1998.
Central America, bordering both the Caribbean Sea and the North Pacific
Ocean, between Costa Rica and Honduras 13 00 N, 85 00 W
total: 129,494 sq km total: 1,231 km 910 km territorial sea: 200 nm tropical in lowlands, cooler in highlands
extensive Atlantic coastal plains rising to central interior mountains;
narrow Pacific coastal plain interrupted by volcanoes lowest point: Pacific Ocean 0 m gold, silver, copper, tungsten, lead, zinc, timber, fish
arable land: 14.81% 610 sq km (2003)
destructive earthquakes, volcanoes, landslides; extremely susceptible to
hurricanes
deforestation; soil erosion; water pollution
largest country in Central America; contains the largest freshwater body in
Central America, Lago de Nicaragua 5,570,129 (July 2006 est.)
0-14 years: 36.4% (male 1,031,897/female 994,633) total: 20.9 years 1.89% (2006 est.)
24.51 births/1,000 population (2006 est.)
4.45 deaths/1,000 population (2006 est.)
-1.17 migrant(s)/1,000 population (2006 est.)
at birth: 1.05 male(s)/female total: 28.11 deaths/1,000 live births total population: 70.63 years 2.75 children born/woman (2006 est.)
0.2% (2003 est.) 6,400 (2003 est.) less than 500 (2003 est.)
noun: Nicaraguan(s) mestizo (mixed Amerindian and white) 69%, white 17%, black 9%, Amerindian
5% Roman Catholic 72.9%, Evangelical 15.1%, Moravian 1.5%, Episcopal 0.1%,
other 1.9%, none 8.5% (1995 census) Spanish 97.5% (official), Miskito 1.7%, other 0.8% (1995 census) definition: age 15 and over can read and write conventional long form: Republic of Nicaragua republic Managua 15 departments (departamentos, singular - departamento) and 2 autonomous
regions* (regiones autonomistas, singular - region autonomista); Atlantico
Norte*, Atlantico Sur*, Boaco, Carazo, Chinandega, Chontales, Esteli,
Granada, Jinotega, Leon, Madriz, Managua, Masaya, Matagalpa, Nueva Segovia,
Rio San Juan, Rivas 15 September 1821 (from Spain)
Independence Day, 15 September (1821)
9 January 1987; reforms in 1995 and 2000
civil law system; Supreme Court may review administrative acts; accepts
compulsory ICJ jurisdiction 16 years of age; universal
unicameral National Assembly or Asamblea Nacional (92 seats; members are
elected by proportional representation and party lists to serve five-year
terms; 1 seat for the previous president, 1 seat for the runner-up in
previous presidential election); note - current Assembly has only 91 seats
Supreme Court or Corte Suprema (16 judges elected for five-year terms by
the National Assembly)
Nicaragua, one of the Western Hemisphere's poorest countries, has low per
capita income, widespread underemployment, and a heavy external debt
burden. Distribution of income is one of the most unequal on the globe.
While the country has progressed toward macroeconomic stability in the past
few years, GDP annual growth has been far too low to meet the country's
needs, forcing the country to rely on international economic assistance to
meet fiscal and debt financing obligations. Nicaragua qualified in early
2004 for some $45 billion in foreign debt reduction under the Heavily
Indebted Poor Countries (HIPC) initiative because of its earlier successful
performances under its International Monetary Fund policy program and other
efforts. In October 2005, Nicaragua ratified the US-Central America Free
Trade Agreement (CAFTA), which will provide an opportunity for Nicaragua to
attract investment, create jobs, and deepen economic development. High oil
prices helped drive inflation to 9.6% in 2005, leading to a fall in real
GDP growth to 4% from over 5% in 2004. $13.24 billion (2005 est.)
$5.03 billion (2005 est.)
4% (2005 est.) $2,400 (2005 est.) agriculture: 18.1% 2.01 million (2005 est.)
agriculture: 30.5% 6.9% plus underemployment of 46.5% (2005 est.)
50% (2001 est.)
lowest 10%: 1.2% 55.1 (2001)
9.6% (2005) 30.8% of GDP (2005 est.)
revenues: $1.134 billion 130% of GDP (2005 est.)
coffee, bananas, sugarcane, cotton, rice, corn, tobacco, sesame, soya,
beans; beef, veal, pork, poultry, dairy products; shrimp, lobsters food processing, chemicals, machinery and metal products, textiles,
clothing, petroleum refining and distribution, beverages, footwear, wood
2.4% (2005 est.) 2.887 billion kWh (2004)
1.848 billion kWh (2004)
21.8 million kWh (2004)
23.3 million kWh (2004)
14,300 bbl/day (2005 est.)
25,200 bbl/day (2005 est.)
758.9 bbl/day (2004) 15,560 bbl/day (2005 est.)
-$799.8 million (2005 est.)
$1.55 billion f.o.b.; note - includes free trade zones (2005 est.)
coffee, beef, shrimp and lobster, tobacco, sugar, gold, peanuts
US 64.8%, El Salvador 7%, Mexico 3.6% (2004)
$2.865 billion f.o.b. (2005 est.)
consumer goods, machinery and equipment, raw materials, petroleum products
US 22.6%, Costa Rica 8.5%, Venezuela 8.4%, Guatemala 6.8%, Mexico 5.8%, El
Salvador 4.9%, South Korea 4.5% (2004) $730 million (31 December 2005 est.)
$5.144 billion (31 December 2005 est.)
$419.5 million (2005 est.)
gold cordoba (NIO)
calendar year
214,500 (2004) 738,600 (2004) general assessment: inadequate system being upgraded by foreign
investment AM 63, FM 32, shortwave 1 (1998)
3 (plus seven low-power repeaters) (1997)
.ni 12,628 (2005) 125,000 (2005) 176 (2005) total: 11 total: 165 oil 54 km (2004)
total: 6 km total: 18,658 km 2,220 km (including lakes Managua and Nicaragua) (2005)
Bluefields, Corinto, El Bluff
Army (includes Navy, Air Force)
Nicaragua filed a claim against Honduras in 1999 and against Colombia in
2001 at the ICJ over disputed maritime boundary involving 50,000 sq km in
the Caribbean Sea, including the Archipelago de San Andres y Providencia
and Quita Sueno Bank; the 1992 ICJ ruling for El Salvador and Honduras
advised a tripartite resolution to establish a maritime boundary in the
Gulf of Fonseca, which considers Honduran access to the Pacific; legal
dispute over navigational rights of San Juan River on border with Costa
Rica transshipment point for cocaine destined for the US and transshipment point
for arms-for-drugs dealing |