Evaluating the market in Nicaragua

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Country Risk Quarterly

Read the Country Risk Quarterly interactive guide for valuable insights on rapidly changing global markets, new opportunities and the latest political and economic risks that could affect your business.

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Global Export Forecast

Read the Global Export Forecast for expert insights from the EDC Economics team on the current trends influencing global trade and Canadian exporting.

Read the latest Government of Canada travel advisory for this market.

Business environment in Nicaragua

Nicaragua's economy will continue to be driven by agricultural and manufacturing exports. Nicaragua remains a challenging place to do business with inefficient state institutions and systemic corruption. The country remains dependent on funding from foreign donors, especially Venezuela, and international financial institutions to address its large current account deficit. More foreign direct investment is needed to cover the external deficit, as concessional funding from Venezuela declines. President Ortega's re-election in 2016 ensures policy continuity and his dominance over the political landscape.


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Date modified: 2018-05-14