Economic Trivia

Textiles and agriculture make up half of the country's exports.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2019): United States, Mexico, and China
Top 3 Exported Goods (2019): Apparel: Knit, Precious Stones & Metals, and Meat

Top Industries Source: CIA World Factbook

Food Processing; Chemicals; Machinery and Metal Products; Knit and Woven Apparel

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $37,717,217,525 (2018)
GDP Growth Rate (annual %) -3.951% (2018)
GDP Per Capita, PPP (current international) $5,834 (2018)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 122/196 (2018)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 5.376% (2019)
External debt stocks, total (DOD, current US$) $11,617,614,885 (2018)
Total tax rate (% of commercial profits) 60.6% (2019)
Real Interest Rate (5 year average %) 7.05% (2018)
Manufacturing, value added (% of GDP) 14.076% (2018)
Current Account Balance (BoP, current US$) $755,900,000 (2019)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 3,048,653 (2019)
Employment in Agriculture (% of total employment) 30.652% (2019)
Employment in Industry (% of total employment) 15.933% (2019)
Employment in Services (% of total employment) 53.415% (2019)
Unemployment Rate 6.837% (2019)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $6,724,040,668 (2018)
Exports of goods and services (current US$) $5,506,541,333 (2018)
Total Merchandise Trade (% of GDP) 89.124% (2018)
FDI, net inflows (BoP, current US$) $359,200,000 (2018)
Commercial Service Exports (current US$) $1,237,900,000 (2018)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Nicaragua’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment


  1. The World Bank