During the civil war of the 1980s, Nicaragua's economy was decimated, and has only begun to rebound in the last few years. A major reason for current economic growth was the government's initiation of a economic stabilization program in the early 1990s. This led to an impressive reduction in inflation and the obtaining of substantial aid from abroad. From 1991 to 1992, the inflation rate fell from 750% to less than 5%. The present rate fluctuates  at an average of about 8%.

Several key sectors comprise Nicaragua's economy. Some of its important industries include: chemicals, textiles, oil refining, and food processing. Chief crops include bananas, cotton, coffee, sugar, corn, cocoa, rice, and tobacco. The country also has mineral deposits of gold, silver, copper, and tungsten.

In recent years, the GDP growth rate has averaged about 4%, while the GDP per capita is slightly under U.S.$1,800. The country's unemployment rate is high, averaging about 20%, but this doesn't account for the substantial underemployment.

There is a clear potential for continued economic growth in Nicaragua. The country's infrastructure has been modernized and it continues to be improved. The telephone system is being expanded and it now has a vast coverage in cellular communications.

We are able and willing to provide information about investments in Nicaragua. Should you be interested in finding out more information about Nicaragua you can contact us.