Nicaragua had a gross domestic product (GDP) of $6.55 billion and a per capita income of $1,126. In 2010, the economy grew by 4.5%, according to official government sources, largely due to an increase in demand for Nicaraguan exports abroad and increased consumer spending at home. Official unemployment in 2010 was 8%, but 65% of all workers earn a living in the informal sector, where underemployment is high. In 2010, Nicaraguans received $823 million in remittances from abroad, the majority from the United States and Costa Rica. Total exports are equivalent to 48% of GDP.
This states that there is a large demand for Nicaraguan exports. The country has the capabilities to produce mass quantities of clothing, coffee, cashews, and gold to name a few. The GDP is expected to continue to grow. As the US economy picks back up the economy in Nicaragua will as well. That is also the general sentiment while your down there as well.
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