Factsheet : Nicaragua

Official Title:
Republic of Nicaragua

---

General Information

Capital: Managua
Population (million): 6.29
Total Area: 129,494km²
Currency: 1 CAN$ = 22.81 Cordoba (NIO) (2018- Annual average)
National Holiday: 15 September
Language(s): Spanish

---

Political Information

Type of State:
Democratic republic

Type of Government:
Unicameral presidential democracy: National Assembly consists of 92 members (90 elected by proportional representation, one seat for outgoing president, and one seat for the runner-up in the most recent presidential election); presidential and legislative elections held every five years.

Head of State:
President Daniel ORTEGA Saavedra

Head of Government:
President Daniel ORTEGA Saavedra

Ministers:
Foreign Affairs: Denis Ronaldo Moncada Colindres
Finance and Public credit: Iván ACOSTA
Development, Industry & Commerce: Orlando SOLORZANO

Main Political Parties:
FSLN � Sandinista National Liberation Front: 71 PLC � Liberal Constitutionalist Party: 14 PLI � Independent Liberal Party: 2

Elections:
Presidential and Legislative: November 2022.

---

Economic Information (2018)

Comparative figures

Type	Nicaragua	Canada
GDP: ($ billion)	17.22	2,222.58
GDP per capita: ($)	2,738.20	60,078.85
GDP growth rate: (%)	-4	1.83
Inflation: (%)	4.96	2.24
Unemployment: (%)	15.17	5.82

---

Product Trade and Investment (2019)

Canadian exports to country: $35,033,346
Canadian imports from country: $148,592,430
FDI in Canada (2018) : $ million
CDI in country (2018): $347 million

---

Representation

Foreign Representation in Canada:
Ambassador Maurizio Gelli

Canadian Representation Abroad:
Ambassador James Hill (Costa Rica)

February 2020
Sources include: Statistics Canada, IMF

PDF Version