Country Snapshot - Nicaragua  

HighlightsRankingsQuantitative DataLegislationAnalytical WorkProject Portfolio
  • Latin America & Caribbean
  • Lower middle income
  • 5,822,265 (2011)
  • 1,080
Nicaragua Flag
Below are select highlights for the data included in the profile.

  1. Nicaragua is ranked 117th out of 183 economies in Doing Business 2011, recording a slight improvement from last year. The most significant improvement was recorded in the Trading Across Borders indicator, where the country jumped 25 spots by migrating to a new electronic data interchange system for customs, setting up a physical one-stop shop for exports and investing in new equipment at the port of Corinto.
  2. According to the latest Enterprise Surveys (2006), Political Instability, Access to Finance and Electricity are the top constraints to investment in Nicaragua.
  3. Nicaragua’s economic freedom score is 58.8, making its economy the 98th freest out of 183 countries in the 2011 Index. Its score is 0.5 point better than last year, with gains in trade freedom, monetary freedom, and government spending offsetting a decline in property rights. Nicaragua is ranked 19th out of 29 countries in the South and Central America/Caribbean region, and its overall score is below the world average. Nicaragua’s trade liberalization has continued, although non-tariff barriers remain.