Nicaragua has a population of 6.2 million people, and a land mass of 120 000 km2. Life expectancy is 73 years, and with a per capita GDP of USD 1912, the country is classified as a lower middle income country. The country's GDP fell in 2019 with -3.9%, and totaled a nominal value of USD 12.5 billion.
Nicaragua is ranked at place 142 in the World Bank Doing Business Index, out of 190 countries in total. On Transparency International's corruption perception index, Nicaragua is ranked at place 159, out of 180 countries in total.
Norwegian exports to Nicaragua in 2020 were NOK 6 million. The same year, Norway imported goods from Nicaragua at a value of NOK30 million.