Nicaragua

On this page you will find beneficial information regarding foreign direct investment in / trading with Nicaragua. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.

It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.

Type of Government: Presidential Republic
Population: 6.850 million (2021)
GDP: 14.01 billion USD (2021)
Corporate Tax Rate: 30%
Personal Income Tax Rate: 15%
Major Exports: Gold ($989M), Knit T-shirts ($729M), Insulated Wire ($587M), Coffee ($558M), and Frozen Bovine Meat ($369M), exporting mostly to United States ($3.9B), Mexico ($771M), El Salvador ($390M), Honduras ($332M), and Costa Rica ($190M).
Major Imports: Refined Petroleum ($696M), Light Rubberized Knitted Fabric ($501M), Packaged Medicaments ($322M), Insulated Wire ($219M), and Knit T-shirts ($196M), importing mostly from United States ($2B), China ($1.12B), Mexico ($859M), Guatemala ($841M), and Costa Rica ($576M).