Country name conventional long form: Republic of Nicaragua conventional short form: Nicaragua local short form: Nicaragua local long form: Republica de Nicaragua Background The Pacific Coast of Nicaragua was settled as a Spanish colony from Panama in the early 16th century. Independence from Spain was declared in 1821 and the country became an independent republic in 1838. Britain occupied the Caribbean Coast in the first half of the 19th century, but gradually ceded control of the region in subsequent decades. Violent opposition to governmental manipulation and corruption spread to all classes by 1978 and resulted in a short-lived civil war that brought the Marxist Sandinista guerrillas to power in 1979. Nicaraguan aid to leftist rebels in El Salvador caused the US to sponsor anti-Sandinista contra guerrillas through much of the 1980s. Free elections in 1990, 1996, and again in 2001 saw the Sandinistas defeated. The country has slowly rebuilt its economy during the 1990s, but was hard hit by Hurricane Mitch in 1998.Location Middle America, bordering both the Caribbean Sea and the North Pacific Ocean, between Costa Rica and Honduras Area total: 129,494 sq km water: 9,240 sq km land: 120,254 sq km Area - comparative slightly smaller than the state of New York Coastline 910 km Climate tropical in lowlands, cooler in highlands Terrain extensive Atlantic coastal plains rising to central interior mountains; narrow Pacific coastal plain interrupted by volcanoes Elevation extremes lowest point: Pacific Ocean 0 m highest point: Mogoton 2,438 m Natural hazards destructive earthquakes, volcanoes, landslides; extremely susceptible to hurricanes Environment - current issues deforestation; soil erosion; water pollution Geography - note largest country in Central America; contains the largest freshwater body in Central America, Lago de Nicaragua Population 5,128,517 (July 2003 est.) Age structure 0-14 years: 37.7% (male 984,719; female 949,282) 15-64 years: 59.2% (male 1,510,352; female 1,527,991) 65 years and over: 3% (male 68,332; female 87,841) (2003 est.) Median age total: 20.4 years male: 20 years female: 20.8 years (2002) Sex ratio at birth: 1.05 male(s)/female under 15 years: 1.04 male(s)/female 15-64 years: 0.99 male(s)/female 65 years and over: 0.78 male(s)/female total population: 1 male(s)/female (2003 est.) Nationality noun: Nicaraguan(s) adjective: Nicaraguan Ethnic groups mestizo (mixed Amerindian and white) 69%, white 17%, black 9%, Amerindian 5% Religions Roman Catholic 85%, Protestant Languages Spanish (official) note: English and indigenous languages on Atlantic coast Internet country code .ni Literacy definition: age 15 and over can read and write total population: 67.5% male: 67.2% female: 67.8% (2003 est.) Government type republic National holiday Independence Day, 15 September (1821) Legal system civil law system; Supreme Court may review administrative acts International organization participation BCIE, CACM, ECLAC, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, ISO (correspondent), ITU, LAES, LAIA (observer), NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UPU, WCL, WCO, WHO, WIPO, WMO, WToO, WTrO Economy - overview Nicaragua, one of the hemisphere"s poorest countries, faces low per capita income, flagging socio-economic indicators, and huge external debt. Distribution of income is one of the most unequal on the globe. While the country has made progress toward macroeconomic stability over the past few years, a banking crisis and scandal has shaken the economy. Nicaragua will continue to be dependent on international aid and debt relief under the Heavily Indebted Poor Countries (HIPC) initiative. Donors have made aid conditional on the openness of government financial operation, poverty alleviation, and human rights. Nicaragua met the conditions for additional debt service relief in December 2000. Growth should move up moderately in 2003 because of increased private investment and exports. Exports - partners US 59.4%, El Salvador 7.5%, Honduras 4.8% (2002) Currency gold cordoba (NIO) Currency code NIO Exchange rates gold cordobas per US dollar - 14.25 (2002), 13.37 (2001), 12.68 (2000), 11.81 (1999), 10.58 (1998) Airports 176 (2002) Airports - with paved runways total: 11 2,438 to 3,047 m: 3 1,524 to 2,437 m: 2 914 to 1,523 m: 3 under 914 m: 3 (2002) Airports - with unpaved runways total: 165 1,524 to 2,437 m: 1 914 to 1,523 m: 23 under 914 m: 141 (2002) Disputes - international territorial disputes with Colombia over the Archipelago de San Andres y Providencia and Quita Sueno Bank region; with respect to the maritime boundary question in the Golfo de Fonseca, the ICJ referred to the line determined by the 1900 Honduras-Nicaragua Mixed Boundary Commission and advised that some tripartite resolution among El Salvador, Honduras, and Nicaragua likely would be required; legal dispute over navigational rights of San Juan River on border with Costa Rica |