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Best Countries for Business 2018
Nicaragua
gdp
$14B
gdp growth
4.9%
gdp per capita
$2,200
trade balance/gdp
-5%
population
6.1M
unemployment
6.4%
public debt/GDP
33%
inflation
3.9%
Nicaragua, the poorest country in Central America and the second poorest in the Western Hemisphere, has widespread underemployment and poverty. GDP growth of 4.5% in 2017 was insufficient to make a significant difference. Textiles and agriculture combined account for nearly 50% of Nicaragua's exports. Beef, coffee, and gold are Nicaragua’s top three export commodities. The Dominican Republic-Central America-United States Free Trade Agreement has been in effect since April 2006 and has expanded export opportunities for many
On forbes lists
Rankings
Worst
Best
Trade freedom
72
Monetary freedom
117
Property rights
111
Innovation
121
Technology
111
Red tape
126
Investor protection
148
Corruption
138
Personal freedom
105
Tax burden
135
substantial improvement
substantial deterioration
All economic data for 2017.Sources: Heritage Foundation; World Economic Forum; Transparency International; Freedom House; World Bank; Central Intelligence Agency; Property Rights Alliance.
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