Nicaragua Paving the Way to Faster Growth and Inclusion : Systematic Country Diagnostic

Nicaragua remains one of the poorest countries in Latin America and the Caribbean (LAC). About 30 percent of the population lived below the official poverty line in 2014, and eight percent were considered extremely poor. GDP per capita stood at about USD 2,087 in 2015, the second lowest in LAC afte...

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Main Authors: World Bank, International Finance Corporation
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/365991498843795990/Nicaragua-Systematic-Country-Diagnostic
http://hdl.handle.net/10986/27560
id okr-10986-27560
recordtype oai_dc
spelling okr-10986-275602021-05-25T09:02:02Z Nicaragua Paving the Way to Faster Growth and Inclusion : Systematic Country Diagnostic World Bank International Finance Corporation ECONOMIC GROWTH SHARED PROSPERITY POVERTY REDUCTION INEQUALITY SUSTAINABILITY INCLUSION Nicaragua remains one of the poorest countries in Latin America and the Caribbean (LAC). About 30 percent of the population lived below the official poverty line in 2014, and eight percent were considered extremely poor. GDP per capita stood at about USD 2,087 in 2015, the second lowest in LAC after Haiti. Access to basic services, such as electricity and water and sanitation, is low and largely unequal. Other key social indicators, including access to education, completion rates, and teenage pregnancy, also lag behind the regional average. Since the country’s democratic transition in the early 1990s, Nicaragua has undergone a solid economic recovery from a very low base, due to three main factors. These include i) improved macroeconomic management and debt relief; ii) reforms aiming at transforming Nicaragua back into a market economy; and iii) demographic change. As a result, real GDP growth averaged about 4 percent between 1994 and 2015. 2017-07-13T18:53:04Z 2017-07-13T18:53:04Z 2017-06-18 Report http://documents.worldbank.org/curated/en/365991498843795990/Nicaragua-Systematic-Country-Diagnostic http://hdl.handle.net/10986/27560 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Systematic Country Diagnostic Latin America & Caribbean Nicaragua
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ECONOMIC GROWTH
SHARED PROSPERITY
POVERTY REDUCTION
INEQUALITY
SUSTAINABILITY
INCLUSION
spellingShingle ECONOMIC GROWTH
SHARED PROSPERITY
POVERTY REDUCTION
INEQUALITY
SUSTAINABILITY
INCLUSION
World Bank
International Finance Corporation
Nicaragua Paving the Way to Faster Growth and Inclusion : Systematic Country Diagnostic
geographic_facet Latin America & Caribbean
Nicaragua
description Nicaragua remains one of the poorest countries in Latin America and the Caribbean (LAC). About 30 percent of the population lived below the official poverty line in 2014, and eight percent were considered extremely poor. GDP per capita stood at about USD 2,087 in 2015, the second lowest in LAC after Haiti. Access to basic services, such as electricity and water and sanitation, is low and largely unequal. Other key social indicators, including access to education, completion rates, and teenage pregnancy, also lag behind the regional average. Since the country’s democratic transition in the early 1990s, Nicaragua has undergone a solid economic recovery from a very low base, due to three main factors. These include i) improved macroeconomic management and debt relief; ii) reforms aiming at transforming Nicaragua back into a market economy; and iii) demographic change. As a result, real GDP growth averaged about 4 percent between 1994 and 2015.
format Report
author World Bank
International Finance Corporation
author_facet World Bank
International Finance Corporation
author_sort World Bank
title Nicaragua Paving the Way to Faster Growth and Inclusion : Systematic Country Diagnostic
title_short Nicaragua Paving the Way to Faster Growth and Inclusion : Systematic Country Diagnostic
title_full Nicaragua Paving the Way to Faster Growth and Inclusion : Systematic Country Diagnostic
title_fullStr Nicaragua Paving the Way to Faster Growth and Inclusion : Systematic Country Diagnostic
title_full_unstemmed Nicaragua Paving the Way to Faster Growth and Inclusion : Systematic Country Diagnostic
title_sort nicaragua paving the way to faster growth and inclusion : systematic country diagnostic
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/365991498843795990/Nicaragua-Systematic-Country-Diagnostic
http://hdl.handle.net/10986/27560
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