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Nicaragua
This information comes from the assessment conducted in country for the Nicaragua report, which was published in January 2005.
The overwhelming need for judicial reform in Nicaragua surpasses all other governmental reform initiatives in its urgency. Questions regarding judicial independence, impartiality, and substantive and administrative capacities dominate Nicaragua’s legal landscape and economic institutions. If the absence of political will and commitment to change in this area continues to negate the impact of reform efforts, lasting economic development will be threatened in the long run. Judicial reform must encompass not only current initiatives in human rights and criminal law but also whole-cloth improvements in the role that Nicaragua’s courts play in addressing commercial law and institutional competencies.
| Key Development Data & Statistics |
Year |
Latest Data |
| External debt stocks (% of GNI) |
2007 |
60.6 |
| GDP (current US$) (billions) |
2007 |
5.7 |
| GNI per capita, Atlas method (current US$) |
2007 |
990 |
| Population, total (millions) |
2007 |
5.6 |
| Population growth (annual %) |
2007 |
1.3 |
| Exports (current US$) (billions) |
2007 |
3.18 |
| Imports (current US$) (billions) |
2007 |
5.30 |
Top Exports: coffee, beef, shrimp and lobster
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Top Imports: consumer goods, machinery and equipment, raw materials
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Source: World Bank Group 2009, CIA World Factbook 2009
For additional economic indicators, please visit the World Bank's "Private Sector at a Glance."
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