The Pacific coast of Nicaragua was settled as a Spanish colony from Panama in the early 16th century. Independence from Spain was declared in 1821 and the country became an independent republic in 1838. Britain occupied the Caribbean Coast in the first half of the 19th century, but gradually ceded control of the region in subsequent decades. Violent opposition to governmental manipulation and corruption spread to all classes by 1978 and resulted in a short-lived civil war that brought the Marxist Sandinista guerrillas to power in 1979. Nicaraguan aid to leftist rebels in El Salvador caused the US to sponsor anti-Sandinista contra guerrillas through much of the 1980s. After losing free and fair elections in 1990, 1996, and 2001, former Sandinista President Daniel ORTEGA Saavedra was elected president in 2006. The 2008 municipal elections were marred by widespread irregularities. Nicaragua's infrastructure and economy - hard hit by the earlier civil war and by Hurricane Mitch in 1998 - are slowly being rebuilt, but democratic institutions have been weakened under the ORTEGA administration.
destructive earthquakes; volcanoes; landslides; extremely susceptible to hurricanes
volcanism:
Nicaragua experiences significant volcanic activity; Cerro Negro (elev. 728 m), which last erupted in 1999, is one of Nicaragua's most active volcanoes; its lava flows and ash have been known to cause significant damage to farmland and buildings; other historically active volcanoes include Concepcion, Cosiguina, Las Pilas, Masaya, Momotombo, San Cristobal, and Telica
chief of state: President Daniel ORTEGA Saavedra (since 10 January 2007); Vice President Jaime MORALES Carazo (since 10 January 2007); note - the president is both chief of state and head of government
head of government:
President Daniel ORTEGA Saavedra (since 10 January 2007); Vice President Jaime MORALES Carazo (since 10 January 2007)
cabinet:
Council of Ministers appointed by the president
elections:
president and vice president elected on the same ticket by popular vote for a five-year term (eligible for a second term so long as it is not consecutive); election last held on 6 November 2011 (next to be held by November 2016)
election results:
Daniel ORTEGA Saavedra reelected president; percent of vote - Daniel ORTEGA Saavedra 62.5%, Fabio GADEA 31%, Arnoldo ALEMAN 5.9%, other 0.6%
unicameral National Assembly or Asamblea Nacional (92 seats; 90 members elected by proportional representation and party lists to serve five-year terms; 1 seat for the previous president, 1 seat for the runner-up in previous presidential election)
elections:
last held on 5 November 2006 (next to be held by November 2011)
election results:
percent of vote by party - NA; seats by party - FSLN 38, PLC 25, ALN 24, MRS 5; note - political parties have been reorganized to reflect the following seat distribution: as of 1 March 2011 - seats by party - FSLN 37, PLC 20, BDN 13, ALN 7, MRS 4, BUN 5, Independent 6
Supreme Court or Corte Suprema de Justicia (16 judges elected for five-year terms by the National Assembly); note - in 2010, President Ortega directly replaced seven justices on the Supreme Court
Conservative Party or PC [Alejandro BOLANOS Davis]; Independent Liberal Party or PLI [Indalecio RODRIGUEZ]; Liberal Constitutionalist Party or PLC [Jorge CASTILLO Quant]; Nicaraguan Liberal Alliance or ALN [Alejandro MEJIA Ferreti]; Sandinista National Liberation Front or FSLN [Daniel ORTEGA Saavedra]; Sandinista Renovation Movement or MRS [Enrique SAENZ-NAVARRETE]
National Workers Front or FNT (a Sandinista umbrella group of eight labor unions including: Farm Workers Association or ATC, Health Workers Federation or FETASALUD, Heroes and Martyrs Confederation of Professional Associations or CONAPRO, National Association of Educators of Nicaragua or ANDEN, National Union of Employees or UNE, National Union of Farmers and Ranchers or UNAG, Sandinista Workers Central or CST, and Union of Journalists of Nicaragua or UPN); Permanent Congress of Workers or CPT (an umbrella group of four non-Sandinista labor unions including: Autonomous Nicaraguan Workers Central or CTN-A, Confederation of Labor Unification or CUS, Independent General Confederation of Labor or CGT-I, and Labor Action and Unity Central or CAUS); Nicaraguan Workers' Central or CTN (an independent labor union); Superior Council of Private Enterprise or COSEP (a confederation of business groups)
three equal horizontal bands of blue (top), white, and blue with the national coat of arms centered in the white band; the coat of arms features a triangle encircled by the words REPUBLICA DE NICARAGUA on the top and AMERICA CENTRAL on the bottom; the banner is based on the former blue-white-blue flag of the Federal Republic of Central America; the blue bands symbolize the Pacific Ocean and the Caribbean Sea, while the white band represents the land between the two bodies of water
note:similar to the flag of El Salvador, which features a round emblem encircled by the words REPUBLICA DE EL SALVADOR EN LA AMERICA CENTRAL centered in the white band; also similar to the flag of Honduras, which has five blue stars arranged in an X pattern centered in the white band
name: "Salve a ti, Nicaragua" (Hail to Thee, Nicaragua)
lyrics/music:
Salomon Ibarra MAYORGA/traditional, arranged by Luis Abraham DELGADILLO
note:although only officially adopted in 1971, the music was approved in 1918 and the lyrics in 1939; the tune, originally from Spain, was used as an anthem for Nicaragua from the 1830"s until 1876
Nicaragua, the poorest country in Central America and the second poorest in the Hemisphere, has widespread underemployment and poverty. The US-Central America Free Trade Agreement (CAFTA) has been in effect since April 2006 and has expanded export opportunities for many agricultural and manufactured goods. Textiles and apparel account for nearly 60% of Nicaragua's exports, but increases in the minimum wage during the ORTEGA administration will likely erode its comparative advantage in this industry. ORTEGA's promotion of mixed business initiatives, owned by the Nicaraguan and Venezuelan state oil firms, together with the weak rule of law, could undermine the investment climate for domestic and international private firms in the near-term. Nicaragua relies on international economic assistance to meet internal- and external-debt financing obligations. Foreign donors have curtailed this funding, however, in response to November 2008 electoral fraud. Managua has an IMF extended Credit Facility program, which could help keep the government's fiscal deficit on target during the 2011 election year and encourage transparency in the use of Venezuelan off-budget loans and assistance. In early 2004, Nicaragua secured some $4.5 billion in foreign debt reduction under the Heavily Indebted Poor Countries (HIPC) initiative, however, Managua still struggles with a high public debt burden. Nicaragua is gradually recovering from the global economic crisis as increased exports drove positive growth in 2010. The economy is expected to grow at a rate of about 3% in 2011.
general assessment: system being upgraded by foreign investment; nearly all installed telecommunications capacity now uses digital technology, owing to investments since privatization of the formerly state-owned telecommunications company
domestic:
since privatization, access to fixed-line and mobile-cellular services has improved but teledensity still lags behind other Central American countries; fixed-line teledensity roughly 5 per 100 persons; mobile-cellular telephone subscribership is increasing and reached 55 per 100 persons in 2009; connected to Central American Microwave System
international:
country code - 505; the Americas Region Caribbean Ring System (ARCOS-1) fiber optic submarine cable provides connectivity to South and Central America, parts of the Caribbean, and the US; satellite earth stations - 1 Intersputnik (Atlantic Ocean region) and 1 Intelsat (Atlantic Ocean) (2009)
multiple privately-owned terrestrial television networks, supplemented by cable TV in most urban areas; of more than 100 radio broadcast stations, nearly all are privately owned; Radio Nicaragua is government-owned and Radio Sandino is controlled by the Sandinista National Liberation Front (FSLN) (2007)
2,220 km (navigable waterways as well as the use of the large Lake Managua and Lake Nicaragua; rivers serve only the sparsely populated eastern part of the country) (2010)
memorials and countermemorials were filed by the parties in Nicaragua's 1999 and 2001 proceedings against Honduras and Colombia at the ICJ over the maritime boundary and territorial claims in the western Caribbean Sea, final public hearings are scheduled for 2007; the 1992 ICJ ruling for El Salvador and Honduras advised a tripartite resolution to establish a maritime boundary in the Gulf of Fonseca, which considers Honduran access to the Pacific; legal dispute over navigational rights of San Juan River on border with Costa Rica