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Country Presentation •Managua, Nicaragua

Country Presentation •Managua, Nicaragua

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Macroeconomic Stability<br />

Gross Domestic Product 2011: US$9,636 million<br />

2012: US$10,508 million (Real GDP Growth: 5.2%)<br />

GDP per capita 2011: US$1,636<br />

2012: US$1,731 (Growth compared to 2011: 5.8%)<br />

Exports 2011: US$4,293 million<br />

2012: US$5,004 million* (Growth compared to 2011: 16.6%)<br />

Foreign Direct Investment Inflows 2011: US$968 million<br />

2012: US$1,284 million (Growth compared to 2011: 32.7%)<br />

International Reserves 2012: US$1,887 million (Approx. 5 months of imports)<br />

Currency Stability Crawling Peg System, 5% annual devaluation vs. US dollar<br />

Sources: Central Bank of <strong>Nicaragua</strong>, Ministry of Development, Industry and Trade (MIFIC) & National Free Zones Commission (CNZF).<br />

Note: In September, 2012 the 2006 was adopted as reference year.<br />

*Does not include service incomes and goods procured in ports.

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