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Nicaragua, primarily an agricultural country with amazing tourism and business opportunities



With + 6 million potential consumers living in Nicaragua, this country is on an exciting economic growth. The upper-class is growing.

Coffee is one of the most important exports of Nicaragua. Agriculture represents 17% of GDP, the highest percentage in Central America.
Close to one billion dollars are sent to the country by Nicaraguans living abroad.
Nicaragua is primarily an agricultural country; agriculture constitutes 60% of its total exports which annually yield approximately US $300 million.
Soil erosion and pollution from the heavy use of pesticides have become serious concerns in the cotton district.

Nicaragua's bananas are grown in the northwestern part of the country near the port of Corinto; sugarcane is also grown in the same district.
Nicaragua's agricultural sector has benefited because of the country's strong ties to Venezuela. Some of the new export-oriented crops: peanuts, sesame, melons, and onions.
Mining is becoming a major industry in Nicaragua, while transportation throughout the nation is often inadequate.
Remittances are equivalent to roughly 15% of the country's gross domestic product. Land is the traditional basis of wealth in Nicaragua, with great fortunes coming from the export of staples such as coffee, cotton, beef, and sugar.
Rural workers are dependent on agricultural wage labor, especially in coffee and cotton.
The urban lower class is characterized by the informal sector of the economy. The informal sector consists of small-scale enterprises that utilize traditional technologies and operate outside the legal regime of labor protections and taxation.
Like most Latin American nations Nicaragua is also characterized by a very small upper-class.
Tourism had become the second largest industry in Nicaragua. The growth in tourism has also positively affected the agricultural, commercial, and finance industries, as well as the construction industry.
According to the TV Noticias news program, the main attractions in Nicaragua for tourists are the beaches, the scenic routes, the architecture of cities such as LeΓ³n and Granada, ecotourism, and agritourism particularly in northern Nicaragua.
Ecotourism aims to be ecologically and socially conscious; it focuses on local culture, wilderness, and adventure.

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