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

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collection.link.289
https://openknowledge.worldbank.org/handle/10986/23099
collection.name.289
Systematic Country Diagnostics
dc.contributor.author
World Bank
dc.contributor.author
International Finance Corporation
dc.date.accessioned
2017-07-13T18:53:04Z
dc.date.available
2017-07-13T18:53:04Z
dc.date.issued
2017-06-18
dc.description.abstract
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.
en
dc.identifier
http://documents.worldbank.org/curated/en/365991498843795990/Nicaragua-Systematic-Country-Diagnostic
dc.identifier.uri
http://hdl.handle.net/10986/27560
dc.language
English
dc.language.iso
en_US
dc.publisher
World Bank, Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
ECONOMIC GROWTH
dc.subject
SHARED PROSPERITY
dc.subject
POVERTY REDUCTION
dc.subject
INEQUALITY
dc.subject
SUSTAINABILITY
dc.subject
INCLUSION
dc.title
Nicaragua Paving the Way to Faster Growth and Inclusion
en
dc.title.subtitle
Systematic Country Diagnostic
en
dc.type
Report
en
okr.date.disclosure
2017-06-30
okr.doctype
Systematic Country Diagnostic
okr.docurl
http://documents.worldbank.org/curated/en/365991498843795990/Nicaragua-Systematic-Country-Diagnostic
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
090224b084d78293_1_0
okr.identifier.internaldocumentum
27699544
okr.identifier.report
116484
okr.imported
true
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/365991498843795990/pdf/Nicaragua-SCD-Copyedit-final-jun-20-06272017.pdf
en
okr.region.administrative
Latin America & Caribbean
okr.region.country
Nicaragua
okr.topic
Environment :: Environmental Economics & Policies
okr.topic
Macroeconomics and Economic Growth :: Economic Growth
okr.topic
Macroeconomics and Economic Growth :: Economic Policy, Institutions and Governance
okr.topic
Poverty Reduction :: Achieving Shared Growth
okr.topic
Poverty Reduction :: Equity and Development
okr.topic
Poverty Reduction :: Inequality
okr.unit
Central America Countries CMU (LCC2C)

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