About Nicaragua

Nicaragua is considered the second-poorest country in the Western Hemisphere with a GDP of $6.37 billion and a per capita income of $1,123 in 2008. About a third of GDP revolves around agriculture, timber, and fishing. Most agriculture is small-scale and labor intensive. Manufacture accounts for 10% and construction sector 4% of GDP. Services (banking, transportation, trade, retailing, and tourism) account for about half of GDP. About 13% of GDP are remittances from abroad, the majority from the U.S.

 

NicaraguaBoyd Shook