Nicaragua

Nicaragua is one of the poorest countries in the Americas, a lower-middle-income economy dependent on agriculture and remittances, whose growth has been undercut by political crisis and sanctions under the authoritarian rule of Daniel Ortega.

Once-promising stability collapsed after a 2018 crackdown on protests, prompting sanctions and emigration, leaving the economy reliant on farm exports and money sent home.

Key Sectors

The economy rests on agriculture (coffee, beef, gold, and sugar are leading exports), remittances, free-zone manufacturing, and some mining.