General Description
Population: 5.3 million
(2002e)
Capital: Managua
Pop. Growth Rate: 2.1% (2000-2015 average)
Total Area: 130,000 km2
Currency: C$1=9.99 cordobas (26 March 2003)
Language: Spanish (official)
Literacy: 57%M / 57%F
Life Expectancy: 60M/66F
National Day: September 15
(1821 Independence Day)
Political Data
Type of Government:
Republic of Nicaragua; presidential democracy; unicameral National
Assembly with 92 members; elections for president and congress held
every 5 years; 9 administrative regions (16 departments and 1 national
district).
Head of State and Government:
President: Enrique José
Bolaños Geyer (since January 2002)
Minister of Foreign Affairs: Norman Caldera
Cardenal
Minister of Finance: Eduardo Montealegre
Rivas
Minister of Industry and Commerce: Dr. Mario
Arana Sevilla
Minister of Defence: José Adán Guerra
Pastora
Main Political Parties: (# of
seats in a national Assembly)
Alianza Liberal :53
FSLN-Sandinista National Liberation Front (Main
Opposition) : 38
Partido Conservador: 1
Next Elections: November 2006
(national)
Memberships: ECLAC, G-77, WTO, IADB, IMF, OAS, UN, Rio
Group.
Economic Data
GDP: $2.5 billion (2002e)
Real GDP Growth Rate: 2.6 % (2002)
GDP per Capita: $486 (2001)
Inflation Rate: 5.5% (2002)
Unemployment Rate: 23.1% (2001e)
Total External Debt: $5.7 billion (2002e)
Military Budget: $26 million (1999) CIA
| Trade with Canada
(C$ millions) |
1998 |
1999 |
2000 |
2001 |
2002 |
| EXP. to Nicaragua |
12.4 |
11.5 |
13.5 |
12.2 |
10.4 |
| IMP. from Nicaragua |
22.2 |
24.4 |
59.3 |
43.6 |
45.4 |
| Two Way Trade |
34.6 |
35.9 |
72.8 |
55.8 |
55.8 |
| Balance |
-9.8 |
-12.9 |
-45.8 |
-31.4 |
-35 |
Major Canadian Imports from Nicaragua:
Gold; raw peanuts; coffee; clothing; seafood.
Major Canadian Exports to Nicaragua:
Plastics, newsprint, fats and oils, machinery, malt and oats.
Canadian Direct Foreign Investment:
$41 million (1997)*
N.A. (2001)
Visitors to Canada: 817 (2002)**
Visitors from Canada: 9,200 (2001)***
Immigration to Canada: 102 (2001)
Canadian Aid : C$19.08 million (2000-01)***
*Statistics Canada (visitors-same day, one + nights total) ; **based
on visas issued; ***CIDA
Diplomatic Representation
The Embassy of Canada in Nicaragua:
c/o The Canadian Embassy in Costa Rica
Oficentro Ejecutivo La Sabana, Edificio 5, Piso 3
Detras de la Contraloria General de la Republica
(Apartado Postal 351-1007, Centro Colón)
San José Costa Rica
Tel: (011-506)296-4149
Fax: (011-506)296-4280
Ambassador: Louise Leger
The Office of the Embassy of Canada in
Nicaragua:
De los Pipitos
2 cuadras al oeste, calle El Nogal No. 25,
Bolonia, Managua, Nicaragua
(Apartado 25)
Managua, Nicaragua
Tel:: (011-505) 268-3323/268-0433
Fax: (011-505) 268-0437
First Secretary (Development):
Enrique Madueno
The Embassy of the Republic of
Nicaragua to Canada :
1627 New Hampshire Ave. N.W.
Washington 20009, USA
Tel: (202) 939-6537
Fax: (202) 939-6545
Ambassador: H.E. Horacio Francisco Aquirre-Sacasa
Notes
GDP - Gross Domestic Product.
e - estimate; f - forecast; p - projection.
All currency in US$ unless otherwise indicated.
There has been little or no direct foreign investment in Nicaragua by
Canadian multinational companies since the early 1980s
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