Location:
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Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Costa Rica and Honduras
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Geographic coordinates:
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13 00 N, 85 00 W
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Map references:
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Central America and the Caribbean
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Area:
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total: 129,494 sq km
land: 120,254 sq km
water: 9,240 sq km
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Area - comparative:
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slightly smaller than the state of New York
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Land boundaries:
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total: 1,231 km
border countries: Costa Rica 309 km, Honduras 922 km
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Coastline:
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910 km
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Maritime claims:
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territorial sea: 12 nm
contiguous zone: 24 nm
continental shelf: natural prolongation
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Climate:
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tropical in lowlands, cooler in highlands
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Terrain:
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extensive Atlantic coastal plains rising to central interior mountains; narrow Pacific coastal plain interrupted by volcanoes
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Elevation extremes:
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lowest point: Pacific Ocean 0 m
highest point: Mogoton 2,438 m
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Natural resources:
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gold, silver, copper, tungsten, lead, zinc, timber, fish
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Land use:
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arable land: 14.81%
permanent crops: 1.82%
other: 83.37% (2005)
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Irrigated land:
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610 sq km (2003)
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Total renewable water resources:
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196.7 cu km (2000)
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Freshwater withdrawal (domestic/industrial/agricultural):
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total: 1.3 cu km/yr (15%/2%/83%)
per capita: 237 cu m/yr (2000)
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Natural hazards:
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destructive earthquakes, volcanoes, landslides; extremely susceptible to hurricanes
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Environment - current issues:
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deforestation; soil erosion; water pollution
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Environment - international agreements:
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party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Ship Pollution, Wetlands, Whaling
signed, but not ratified: Environmental Modification
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Geography - note:
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largest country in Central America; contains the largest freshwater body in Central America, Lago de Nicaragua
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Population:
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5,785,846 (July 2008 est.)
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Age structure:
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0-14 years: 34.6% (male 1,019,281/female 981,903)
15-64 years: 62.1% (male 1,792,398/female 1,803,133)
65 years and over: 3.3% (male 82,840/female 106,291) (2008 est.)
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Median age:
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total: 21.7 years
male: 21.3 years
female: 22.1 years (2008 est.)
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Population growth rate:
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1.825% (2008 est.)
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Birth rate:
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23.7 births/1,000 population (2008 est.)
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Death rate:
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4.33 deaths/1,000 population (2008 est.)
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Net migration rate:
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-1.13 migrant(s)/1,000 population (2008 est.)
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Sex ratio:
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at birth: 1.05 male(s)/female
under 15 years: 1.04 male(s)/female
15-64 years: 0.99 male(s)/female
65 years and over: 0.78 male(s)/female
total population: 1 male(s)/female (2008 est.)
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Infant mortality rate:
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total: 25.91 deaths/1,000 live births
male: 29.06 deaths/1,000 live births
female: 22.6 deaths/1,000 live births (2008 est.)
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Life expectancy at birth:
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total population: 71.21 years
male: 69.08 years
female: 73.44 years (2008 est.)
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Total fertility rate:
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2.63 children born/woman (2008 est.)
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HIV/AIDS - adult prevalence rate:
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0.2% (2003 est.)
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HIV/AIDS - people living with HIV/AIDS:
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6,400 (2003 est.)
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HIV/AIDS - deaths:
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fewer than 500 (2003 est.)
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Major infectious diseases:
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degree of risk: intermediate
food or waterborne diseases: bacterial diarrhea, hepatitis A, and typhoid fever
vectorborne disease: dengue fever and malaria
water contact disease: leptospirosis (2008)
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Nationality:
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noun: Nicaraguan(s)
adjective: Nicaraguan
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Ethnic groups:
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mestizo (mixed Amerindian and white) 69%, white 17%, black 9%, Amerindian 5%
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Religions:
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Roman Catholic 58.5%, Evangelical 21.6%, Moravian 1.6%, Jehovah's Witness 0.9%, other 1.7%, none 15.7% (2005 census)
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Languages:
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Spanish 97.5% (official), Miskito 1.7%, other 0.8% (1995 census)
note: English and indigenous languages on Atlantic coast
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Literacy:
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definition: age 15 and over can read and write
total population: 67.5%
male: 67.2%
female: 67.8% (2003 est.)
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School life expectancy (primary to tertiary education):
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total: 11 years
male: 11 years
female: 11 years (2003)
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Education expenditures:
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3.1% of GDP (2003)
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Country name:
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conventional long form: Republic of Nicaragua
conventional short form: Nicaragua
local long form: Republica de Nicaragua
local short form: Nicaragua
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Government type:
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republic
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Capital:
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name: Managua
geographic coordinates: 12 09 N, 86 17 W
time difference: UTC-6 (1 hour behind Washington, DC during Standard Time)
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Administrative divisions:
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15 departments (departamentos, singular - departamento) and 2 autonomous regions* (regiones autonomistas, singular - region autonoma); Atlantico Norte*, Atlantico Sur*, Boaco, Carazo, Chinandega, Chontales, Esteli, Granada, Jinotega, Leon, Madriz, Managua, Masaya, Matagalpa, Nueva Segovia, Rio San Juan, Rivas
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Independence:
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15 September 1821 (from Spain)
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National holiday:
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Independence Day, 15 September (1821)
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Constitution:
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9 January 1987; reforms in 1995, 2000, and 2005
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Legal system:
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civil law system; Supreme Court may review administrative acts; accepts compulsory ICJ jurisdiction
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Suffrage:
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16 years of age; universal
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Executive branch:
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chief of state: President Daniel ORTEGA Saavedra (since 10 January 2007); Vice President Jaime MORALES Carazo (since 10 January 2007); note - the president is both chief of state and head of government
head of government: President Daniel ORTEGA Saavedra (since 10 January 2007); Vice President Jaime MORALES Carazo (since 10 January 2007)
cabinet: Council of Ministers appointed by the president
elections: president and vice president elected on the same ticket by popular vote for a five-year term (eligible for a second term so long as it is not consecutive); election last held 5 November 2006 (next to be held by November 2011)
election results: Daniel ORTEGA Saavedra elected president - 38.07%, Eduardo MONTEALEGRE 29%, Jose RIZO 26.21%, Edmundo JARQUIN 6.44%
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Legislative branch:
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unicameral National Assembly or Asamblea Nacional (92 seats; 90 members are elected by proportional representation and party lists to serve five-year terms; 1 seat for the previous president, 1 seat for the runner-up in previous presidential election)
elections: last held 5 November 2006 (next to be held by November 2011)
election results: percent of vote by party - NA; seats by party - FSLN 38, PLC 25, ALN 23 (22 plus one for presidential candidate Eduardo MONTEALEGRE, runner-up in the 2006 presidential election), MRS 5, APRE 1 (outgoing President Enrique BOLANOS)
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Judicial branch:
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Supreme Court or Corte Suprema de Justicia (16 judges elected for five-year terms by the National Assembly)
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Political parties and leaders:
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Conservative Party or PC [Azalia AVILES Salmeron]; Liberal Constitutionalist Party or PLC [Jorge CASTILLO Quant]; Nicaraguan Liberal Alliance or ALN [Eduardo MONTEALEGRE]; Sandinista National Liberation Front or FSLN [Daniel ORTEGA Saavedra]; Sandinista Renovation Movement or MRS [Enrique SAENZ Navarrete]
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Political pressure groups and leaders:
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National Workers Front or FNT (a Sandinista umbrella group of eight labor unions including: Farm Workers Association or ATC, Health Workers Federation or FETASALUD, Heroes and Martyrs Confederation of Professional Associations or CONAPRO, National Association of Educators of Nicaragua or ANDEN, National Union of Employees or UNE, National Union of Farmers and Ranchers or UNAG, Sandinista Workers Central or CST, and Union of Journalists of Nicaragua or UPN); Permanent Congress of Workers or CPT (an umbrella group of four non-Sandinista labor unions including: Autonomous Nicaraguan Workers Central or CTN-A, Confederation of Labor Unification or CUS, Independent General Confederation of Labor or CGT-I, and Labor Action and Unity Central or CAUS); Nicaraguan Workers' Central or CTN (an independent labor union); Superior Council of Private Enterprise or COSEP (a confederation of business groups)
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International organization participation:
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BCIE, CACM, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO (correspondent), ITSO, ITU, ITUC, LAES, LAIA (observer), MIGA, NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, Union Latina, UNWTO, UPU, WCL, WCO, WHO, WIPO, WMO, WTO
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Diplomatic representation in the US:
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chief of mission: Ambassador Arturo CRUZ Sequeira, Jr.
chancery: 1627 New Hampshire Avenue NW, Washington, DC 20009
telephone: [1] (202) 939-6570, [1] (202) 939-6573
FAX: [1] (202) 939-6545
consulate(s) general: Houston, Los Angeles, Miami, New York, San Francisco
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Diplomatic representation from the US:
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chief of mission: Ambassador Paul A. TRIVELLI
embassy: Kilometer 4.5 Carretera Sur, Managua
mailing address: P.O. Box 327
telephone: [505] 266-6010
FAX: [505] 266-3861
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Flag description:
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three equal horizontal bands of blue (top), white, and blue with the national coat of arms centered in the white band; the coat of arms features a triangle encircled by the words REPUBLICA DE NICARAGUA on the top and AMERICA CENTRAL on the bottom; similar to the flag of El Salvador, which features a round emblem encircled by the words REPUBLICA DE EL SALVADOR EN LA AMERICA CENTRAL centered in the white band; also similar to the flag of Honduras, which has five blue stars arranged in an X pattern centered in the white band
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Economy - overview:
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Nicaragua has widespread underemployment, one of the highest degrees of income inequality in the world, and the third lowest per capita income in the Western Hemisphere. While the country has progressed toward macroeconomic stability in the past few years, annual GDP growth has been far too low to meet the country's needs, forcing the country to rely on international economic assistance to meet fiscal and debt financing obligations. In early 2004, Nicaragua secured some $4.5 billion in foreign debt reduction under the Heavily Indebted Poor Countries (HIPC) initiative, and in October 2007, the IMF approved a new poverty reduction and growth facility (PRGF) program that should create fiscal space for social spending and investment. The continuity of a relationship with the IMF reinforces donor confidence, despite private sector concerns surrounding ORTEGA, which has dampened investment. The US-Central America Free Trade Agreement (CAFTA) has been in effect since April 2006 and has expanded export opportunities for many agricultural and manufactured goods. Energy shortages fueled by high oil prices, however, are a serious bottleneck to growth.
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GDP (purchasing power parity):
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$16.17 billion (2007 est.)
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GDP (official exchange rate):
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$5.723 billion (2007 est.)
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GDP - real growth rate:
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3.8% (2007 est.)
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GDP - per capita (PPP):
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$2,800 (2007 est.)
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GDP - composition by sector:
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agriculture: 16.9%
industry: 25.8%
services: 57.2% (2007 est.)
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Labor force:
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2.262 million (2007 est.)
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Labor force - by occupation:
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agriculture: 29%
industry: 19%
services: 52% (2006 est.)
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Unemployment rate:
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4.9% plus underemployment of 46.5% (2007 est.)
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Population below poverty line:
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48% (2005)
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Household income or consumption by percentage share:
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lowest 10%: 2.2%
highest 10%: 33.8% (2001)
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Distribution of family income - Gini index:
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43.1 (2001)
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Inflation rate (consumer prices):
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11.1% (2007 est.)
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Investment (gross fixed):
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31.8% of GDP (2007 est.)
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Budget:
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revenues: $1.115 billion
expenditures: $1.291 billion (2007 est.)
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Public debt:
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62.9% of GDP (2007 est.)
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Agriculture - products:
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coffee, bananas, sugarcane, cotton, rice, corn, tobacco, sesame, soya, beans; beef, veal, pork, poultry, dairy products; shrimp, lobsters
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Industries:
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food processing, chemicals, machinery and metal products, textiles, clothing, petroleum refining and distribution, beverages, footwear, wood
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Industrial production growth rate:
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5% (2007 est.)
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Electricity - production:
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2.778 billion kWh (2006)
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Electricity - consumption:
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2.929 billion kWh (2006)
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Electricity - exports:
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8 million kWh (2005)
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Electricity - imports:
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69.34 million kWh (2006)
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Oil - production:
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0 bbl/day (2005 est.)
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Oil - consumption:
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28,000 bbl/day (2005 est.)
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Oil - exports:
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1,397 bbl/day (2004)
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Oil - imports:
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15,560 bbl/day (2005 est.)
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Oil - proved reserves:
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0 bbl (1 January 2006 est.)
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Natural gas - production:
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0 cu m (2005 est.)
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Natural gas - consumption:
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0 cu m (2005 est.)
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Natural gas - exports:
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0 cu m (2005 est.)
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Natural gas - imports:
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0 cu m (2005)
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Natural gas - proved reserves:
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0 cu m (1 January 2006 est.)
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Current account balance:
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-$1.001 billion (2007 est.)
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Exports:
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$2.313 billion f.o.b.; note - includes free trade zones (2007 est.)
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Exports - commodities:
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coffee, beef, shrimp and lobster, tobacco, sugar, gold, peanuts
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Exports - partners:
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US 60.3%, El Salvador 7.5%, Honduras 4.2% (2007)
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Imports:
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$4.078 billion f.o.b. (2007 est.)
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Imports - commodities:
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consumer goods, machinery and equipment, raw materials, petroleum products
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Imports - partners:
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US 20.9%, Mexico 15.2%, Costa Rica 7.6%, Guatemala 6%, China 5%, El Salvador 4.3% (2007)
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Economic aid - recipient:
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$471 million (2006 est.)
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Reserves of foreign exchange and gold:
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$1.103 billion (31 December 2007 est.)
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Debt - external:
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$3.341 billion (31 December 2007 est.)
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Market value of publicly traded shares:
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$NA
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Currency (code):
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gold cordoba (NIO)
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Exchange rates:
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gold cordobas per US dollar - 18.457 (2007), 17.582 (2006), 16.733 (2005), 15.937 (2004), 15.105 (2003)
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Fiscal year:
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calendar year
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