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Nicaragua

Welcome to the price transmission page for Nicaragua. This page enables you to look into the country and its crops more specifically to gain an understanding of the level of risk and also, to view its historic warning periods per commodity. Select a time range or a specific date to view the data in more detail.

Nicaragua

Historic Warnings per Commodity

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Background information

The low middle income country Nicaragua is the poorest country in Central America. Both underemployment and poverty are unequally widespread across the country, and mainly agriculturalists and indigenous people are affected. Textiles and agriculture contribute to almost half of Nicaragua's exports. Natural resources include gold, silver, copper, tungsten, lead, zinc and timber.

Roughly two-fifth of the largest country in Central America is used for agricultural purposes and major crops include coffee, bananas, sugarcane, rice, corn, tobacco, and cotton. Moreover, animal husbandry and fishing – especially shrimp and lobsters – are a major source of income. Overall, agriculture accounts for one-fifth of GDP and employs around one-third of the  labor force. Nicaragua’s agricultural sector is vulnerable to volcanic activity. Despite the size of the sector, a share of the demand for cereals needs to be imported.

The country’s HDI (2914) value is 0.631, which put country in the medium human development category and therefore below the world average. Slightly less than one-third of the population is still living below the national poverty line. However, unemployment fell significantly within the past decade from almost 47% to currently only 6%. Moreover, it is assumed that improved access to potable water and sanitation had a positive impact on life expectancy and infant mortality. According to the GHI (2015), Nicaragua remains a country with moderate hunger levels since around one-sixth of the population is undernourished.