Labor force | 3.264 million (2023 est.) |
---|---|
Industrial production growth rate | 6.07% (2023 est.) |
Industries | food processing, chemicals, machinery and metal products, knit and woven apparel, petroleum refining and distribution, beverages, footwear, wood, electric wire harness manufacturing, mining |
Population below poverty line | 24.9% (2016 est.) |
Taxes and other revenues | 19.84% (of GDP) (2022 est.) |
Fiscal year | |
Exchange rates | |
Currency | cordobas (NIO) per US dollar - |
Exchange rates 2023 | 36.441 (2023 est.) |
Exchange rates 2022 | 35.874 (2022 est.) |
Exchange rates 2021 | 35.171 (2021 est.) |
Exchange rates 2020 | 34.342 (2020 est.) |
Exchange rates 2019 | 33.122 (2019 est.) |
Debt - external | |
Debt - external 2022 | $6.106 billion (2022 est.) |
Reserves of foreign exchange and gold | |
Reserves of foreign exchange and gold 2023 | $5.447 billion (2023 est.) |
Reserves of foreign exchange and gold 2022 | $4.404 billion (2022 est.) |
Reserves of foreign exchange and gold 2021 | $4.047 billion (2021 est.) |
Current account balance | |
Current account balance 2023 | $1.381 billion (2023 est.) |
Current account balance 2022 | -$386.9 million (2022 est.) |
Current account balance 2021 | -$540.879 million (2021 est.) |
Public debt | |
Public debt 2017 | 33.3% of GDP (2017 est.) |
Budget | |
Revenues | $3.396 billion (2022 est.) |
Expenditures | $2.609 billion (2022 est.) |
Budget surplus (+) or deficit (-) | |
Remittances | |
Remittances 2023 | 26.18% of GDP (2023 est.) |
Remittances 2022 | 20.62% of GDP (2022 est.) |
Remittances 2021 | 15.2% of GDP (2021 est.) |
Household income | |
Lowest 10% | 2% (2014 est.) |
Highest 10% | 37.2% (2014 est.) |
Imports | |
Imports 2023 | $10.517 billion (2023 est.) |
Imports 2022 | $10.212 billion (2022 est.) |
Imports 2021 | $8.342 billion (2021 est.) |
Imports (partners) | US 26%, China 11%, Honduras 10%, Guatemala 9%, Mexico 9% (2022) |
Comodities Imports force | garments, refined petroleum, fabric, plastic products, crude petroleum (2022) |
Exports | |
Imports 2023 | $10.517 billion (2023 est.) |
Imports 2022 | $10.212 billion (2022 est.) |
Imports 2021 | $8.342 billion (2021 est.) |
Exports (partners) | US 52%, Mexico 12%, Honduras 7%, El Salvador 6%, Costa Rica 3% (2022) |
Comodities Exports force | garments, gold, coffee, insulated wire, beef (2022) |
Real GDP (purchasing power parity) | |
Real GDP (purchasing power parity) 2023 | $51.088 billion (2023 est.) |
Real GDP (purchasing power parity) 2022 | $48.856 billion (2022 est.) |
Real GDP (purchasing power parity) 2021 | $47.089 billion (2021 est.) |
GDP (official exchange rate) | $17.829 billion (2023 est.) |
Real GDP Per capita | |
Real GDP per capita 2023 | $7,300 (2023 est.) |
Real GDP per capita 2022 | $7,000 (2022 est.) |
Real GDP per capita 2021 | $6,900 (2021 est.) |
GDP - composition, by sector of origin | |
Agriculture | 15.3% (2023 est.) |
Industry | 27.3% (2023 est.) |
Services | 46.3% (2023 est.) |
GDP - composition, by end use | |
Household consumption | 78.1% (2023 est.) |
Government consumption | 12.2% (2023 est.) |
Investment in fixed capital | 21.2% (2023 est.) |
Investment in inventories | 1.8% (2023 est.) |
Exports of goods and services | 45.8% (2023 est.) |
Imports of goods and services | -59.1% (2023 est.) |
Unemployment rate | |
Unemployment rate 2023 | 4.8% (2023 est.) |
Unemployment rate 2022 | 4.98% (2022 est.) |
Unemployment rate 2021 | 6.06% (2021 est.) |
Youth unemployment rate (ages 15-24) | |
Total | 9.5% (2023 est.) |
Male | 8.3% (2023 est.) |
Female | 12.6% (2023 est.) |
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