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: 6.948 million (2022)
GDP: 15.67 billion USD (2022)
Corporate Tax Rate: 30%
Personal Income Tax Rate: 15%
Major Exports: Knit T-shirts ($1B), Gold ($979M), Coffee ($778M), Insulated Wire ($706M), and Rolled Tobacco ($407M), exporting mostly to United States ($4.09B), Mexico ($943M), Honduras ($541M), El Salvador ($437M), and Costa Rica ($230M).
Major Imports: Refined Petroleum ($779M), Knit T-shirts ($667M), Light Rubberized Knitted Fabric ($510M), Crude Petroleum ($331M), and Packaged Medicaments ($302M), importing mostly from United States ($2.72B), China ($1.18B), Honduras ($1.02B), Guatemala ($1B), and Mexico ($994M).
Investment Agency: ProNicaragua
Website: http://www.pronicaragua.org/
National Chamber of Commerce: Cámara de Comercio y Servicios de Nicaragua
Website: https://www.caconic.org.ni/
Customs Agency: Dirección General de Servicios Aduaneros (DGA)
Website: http://www.dga.gob.ni/
