Nicaragua: Difference between revisions
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|Row 3 info = republic | |Row 3 info = republic | ||
|Row 4 title = Population | |Row 4 title = Population | ||
|Row 4 info = 5,891,199 (July 2010 est.)<ref name="CIA_NI">CIA - The World | |Row 4 info = 5,891,199 (July 2010 est.)<ref name="CIA_NI">CIA - The World Factbook. [https://www.cia.gov/library/publications/the-world-factbook/geos/countrytemplate_nu.html "Nicaragua"], from The World Factbook. Referenced 2010-09-30.</ref> | ||
|Row 5 title = Population growth | |Row 5 title = Population growth | ||
|Row 5 info = 1.784% (2010 est.)<ref name="CIA_NI" /> | |Row 5 info = 1.784% (2010 est.)<ref name="CIA_NI" /> | ||
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{{Reflist}} | {{Reflist}} | ||
== | ==Links== | ||
* [[Wikipedia:Nicaragua|Nicaragua]] on Wikipedia | * [[Wikipedia:Nicaragua|Nicaragua]] on Wikipedia | ||
* [http://www.bcn.gob.ni/ Central bank] of Nicaragua | * [http://www.bcn.gob.ni/ Central bank] of Nicaragua | ||
Revision as of 19:06, 21 June 2011
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 2001, saw the Sandinistas defeated, but voting in 2006 announced the return of former Sandinista President Daniel ORTEGA Saavedra. The 2008 municipal elections were characterized by widespread irregularities. Nicaragua's infrastructure and economy - hard hit by the earlier civil war and by Hurricane Mitch in 1998 - are slowly being rebuilt, but democratic institutions face new challenges under the ORTEGA administration.[1]
Economical characteristics
- Currency: Córdoba (ISO code: NIO)
- Central bank discount rate: NA%[1]
- Commercial banks lending rate: 13.17% (31 December 2008)[1]
- Stock of money (M1): $507.5 million (31 December 2008)[1]
- Quasi money (with M1 makes M2): $1.81 billion (31 December 2008)[1]
Statistics
| Statistic / Year | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|
| GDP (million USD)[2] | 3 742 | 3 936 | 4 103 | 4 026 | 4 102 | 4 467 | 4 856 | 5 301 | 5 726 | 6 592 |
| Govt. debt (% of GDP)[3] | ||||||||||
| Govt. revenue (% of GDP)[4] | 15.228 | 15.089 | 13.861 | 14.925 | 16.384 | 17.189 | 18.106 | 18.804 | 19.479 | 18.376 |
| Govt. expenses (% of GDP)[5] | 16.456 | 16.469 | 18.704 | 15.831 | 17.065 | 16.768 | 17.862 | 19.239 | 19.049 | 19.600 |
| Debt to revenue (years) |
References
Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.
- ↑ 1.0 1.1 1.2 1.3 1.4 Cite error: Invalid
<ref>tag; no text was provided for refs namedCIA_NI - ↑ World Bank. "Nicaragua: GDP", from World Bank Data. Referenced 2010-09-30.
- ↑ World Bank. "Nicaragua: government debt", from World Bank Data. Referenced 2010-09-30.
- ↑ World Bank. "Nicaragua: government revenue", from World Bank Data. Referenced 2010-09-30.
- ↑ World Bank. "Nicaragua: government expenses", from World Bank Data. Referenced 2010-09-30.
Links
- Nicaragua on Wikipedia
- Central bank of Nicaragua
- Country profile (pdf) from the Enterprise Studies page (part of the The World Bank Group)
- Studies from the Library of Congress (1986-1998)
- BBC country profile