Nicaragua
runs under a unitary presidential constitutional republic, and
has had their current constitution since 1987.
The
total nominal GDP of Nicaragua is $10.5 billion, while its nominal
per capita GDP is $1,756.
Agriculture
is responsible for 17% of Nicaragua's GDP, which is the highest
percentage in all of Central America.
Another
15% of their GDP is due to remittances from Nicaraguans living
abroad.
Nicaragua's
main exports include meat, cheese, sugar cane, textiles, and
coffee. Their main imports are medicines, yarn, oils, and cars.
Even
though their nominal GDP is high, over 75% of the country's
people live on less than $2 per day, and 48% of the citizens
live under the poverty line.
Tourism
is huge in Nicaragua. Each year for the past decade, tourism
has grown at least 10% annually. Tourists enjoy the beaches,
the beautiful city architecture and the nature in Nicaragua.
The oldest city in Central America is Ruins of Leon Viejo, Nicaragua
which is over 1500 years old.
Lake Nicaragua is the largest lake in Central America. Today,
it is used as a water supply for many parts of the country,
and is a huge tourist attraction.
The infamous Dual Volcano is located in Nicaragua. It is the
only volcano in the world that is fed by two different magma
flows, meaning that it can erupt with two types of magma channels.
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