Latest News

About Nicaragua

Nicaragua, officially known as the Republic of Nicaragua is a Spanish Colony in the Central American Region.

The country is considered to be one of the poorest countries in the Americas and agriculture, Livestock and Fisheries form the major economy. Tourism also plays an important role in the country’s GDP.

Country Facts


Basic Details
RegionCentral America
Capital CityManagua
Government TypePresidential Republic
Official LanguagesSpanish, English
CurrencyCordoba, NIO
Phone Code +505
Important CitiesManagua, León, Tipitapa, Masaya, Ciudad Sandino, Chinandega, Esteli, Matagalpa, Granada
National DayIndependence Day (Sep-15)
GDP (nominal)USD 17.353 Billion
Ease of Doing Business Ranking142
Primary IndustriesAgriculture and food production,Services.
Foreign Relations
Bordering NationsHonduras, Caribbean, Costa Rica, Pacific Ocean
Member of(United Nations)
Major ExportsFashion and Apparel, Gems & Jewellery, Electrical Products, Spices, Animal Meat and Food Preperations, Agriculture & Farming Products and Solutions, Fisheries, Sea Food & Crustaceans, Dairy, Eggs, Honey, & Edible Products, Food & Beverages, Spirits & Vinegar, Edible Oils & Seeds, Vegetables and Related Products, Fruits and Nuts, Silk & Textiles, Pharmaceutical Products, Instruments & Optical Solutions
Major ImportsMining, Metals & Minerals, Electrical Products, Fashion and Apparel, Machinery & Appliances, Silk & Textiles, Automobiles, Vehicles & Components, Plastics and Products, Cereals & Pulses, Books and Papers, Food & Beverages, Spirits & Vinegar, Agriculture & Farming Products and Solutions, Chemical Products, Edible Oils & Seeds, Instruments & Optical Solutions, Cosmetics and Accessories
Total Exports ValueUSD 7.360 Billion
Total Imports ValueUSD 11.247 Billion
Foreign Trade BalanceUSD 3.887 Billion (Deficit)
Foreign Relations with India
Trade Agreements with IndiaAn Agreement on Visa Waiver for Diplomatic and Official Passports was signed in 2008. An MoU on setting up an IT Training Centre in Managua was signed in 2008.
Major Exports to IndiaWood and Pulp, Mining, Metals & Minerals, Silk & Textiles, Hides, Leather & Tannery, Agriculture & Farming Products and Solutions, Plastics and Products, Rubber and Products, Chemical Products
Major Imports from India
India's Imports ValueUSD 10.64 Million
India's Exports ValueUSD 108.69 Million
Trade Balance with IndiaUSD 98.05 Million (Deficit)
Indian Embassy Details for NicaraguaHonorary Consulate General of India (Under Embassy of India in Panama)
H.E. Mr Alejandro Lacayo
Honorary Consul General
Managua Nicaragua
(+505) 2248-3505

Embassy of India
H.E. Mr. Upender Singh Rawat
Honourable Ambassador
10325, Avenida Federico Boyd,Apdo 0823-05815, Bella Vista, Panama, Republic of Panama
507-2642416, 2643043, 2648780

Embassy Details of Nicaragua in IndiaHonorary Consulate General of Nicaragua in New Delhi
H.E. Mr. Vivek Burman
Honorary Consul General
43-A, Prithviraj RoadNew Delhi-110011
+91-11-24694469/24618238 (O)