The Republic of Nicaragua

NicaraguaCentral America
-10:00Hours behind the UAE
About the Country

General Information

National Identity
Official Language(s)Spanish
National CurrencyCordoba (NIO)
National Day(s)15 September (Independence Day)
Capitals
Political / Administrative CapitalManagua
Economic CapitalManagua
Cultural CapitalGranada / Leon
Transport & Connectivity
Flight Duration from the UAE≈ 22 – 26 h Connecting flights
Primary AirportAugusto C. Sandino International Airport (MGA)
Primary PortPort of Corinto
Geography
Land Area-
Length of the Coastline910 km
Highest PointCerro Mogoton (2,085 m)
Primary Inland Water Body / RiverLake Nicaragua (largest lake in Central America, important for freshwater, transport, and biodiversity)
ClimateTropical

Border Countries

Costa RicaHonduras
2

Last Updated: July 2026Source: Internal Research

Key Facts

Nicaragua is known as the “Land of Lakes and Volcanoes.”

Around 25% of Nicaragua is made up of forest, with over 10,000 square kilometres (3,860 square miles) classed as virgin forest.

In 2025, Nicaragua was one of only four countries in the world, alongside the UAE, Mexico and Rwanda, to achieve full gender parity in parliament.

Nicaragua’s flag descends from the flag used by the United Provinces of Central America.

In terms of area, Nicaragua is the fourth largest country in North America and the largest in Central America.

Nicaragua has the two largest lakes in Central America: Lake Managua (1,040 sq km) and Lake Nicaragua (8,150 sq km).

Nicaragua hosts around 7% of the world’s biodiversity, making it highly biodiverse.

Granada and Leon Viejo, two of Nicaragua’s principal cities, were originally Spanish settlements. Today, they are celebrated for their rich colonial architecture and heritage.

Nicaragua consists of three geographical regions: the Atlantic Lowlands, the North Central Highlands and the Pacific Lowlands which is the most populous region.

Ometepe Island was formed by two volcanoes rising from Lake Nicaragua.

The national bird of Nicaragua is the Turquoise-browed Motmot (Guardabarranco).

Nicaragua is the world’s leading producer of premium handmade cigars and has been the largest exporter of premium cigars to the United States since 2016.

Last Updated: July 2026Source: Internal Research

Economic Overview

Macroeconomic Snapshot

GDP, current prices-USD Billions
Real GDP growth-Annual percent change (%)
GDP per capita, current prices-USD per capita
Population-Millions of people
General government gross debt-% of GDP
Income levelWorld Bank classification-

Economic Comparison

IndicatorNicaraguaUAENicaraguaUAE
GDP, current pricesUSD Billions--
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Real GDP growthAnnual percent change (%)--
GDP per capita, current pricesUSD per capita--
PopulationMillions of people--
Unemployment rate% of total labor force--
Inflation rate (avg. consumer prices)Annual percent change (%)--
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Income levelWorld Bank classification--

Foreign Trade

No data available for this section yet.

Political Overview

Leadership

Head of State & Government

H.E. Daniel Ortega

Since February 2025

Head of State & Government

H.E. Rosario Murillo

Since February 2025

Minister of Foreign Affairs

H.E. Denis Moncada Colindres

Since September 2025

Minister of Foreign Affairs

H.E. Valdrack Jaentschke

Since September 2025

Minister of Finance

H.E. Dr. Ivan Acosta Montalvan

Since February 2012

Minister of Trade

H.E. Erwin Vicente Ramirez Colindres

Since July 2025

Minister of Defense

H.E. Rosa Adelina Barahona Castro

Since August 2019

Political Summary

Political System

Presidential Republic

Nicaragua formally operates under a “co-presidency” system where two people jointly hold the office of Head of State and Government.

Ruling Party

Sandinista National Liberation Front (FSLN): Left-wing to far-left (since January 2007)

Main Opposition Force(s)

Opposition exists but is fragmented and legally constrained. Many opposition leaders have been arrested, exiled or disqualified from elections since the 2018–2021 political crisis.

Next Presidential Election

Expected in November 2027

Next Legislative Election

November 2027

Last Updated: May 2026Source: Internal Research

Membership in Key Organizations and Blocs

45Organizations
17Member
8Founding Member
3Partner, Observer or Participant
17Not a Member

Last Updated: July 2026Source: Official websites of the respective organizations

Competitiveness Indexes

IndexYearRank Out ofNicaraguaUAE

No index matches.

Bilateral Relations

Diplomatic Relations and Representation

Date of Establishment of Diplomatic Relations1 Aug 199135 years of relations
H.E. Mohammed Abdullah Al Shamsi
UAE Ambassador
H.E. Mohammed Abdullah Al ShamsiUAE Ambassador to Nicaragua (credentials not yet presented) · Non-resident
H.E. Mohamed Farrara Lashtar
Foreign Ambassador
H.E. Mohamed Farrara LashtarAmbassador of Nicaragua to the UAE · Non-resident

Last Updated: June 2026Source: MoFA; Internal Research

Consular Information

Tourists
Residents
Students
Golden Visa Holders
Nicaragua Nationalsin the UAE
----
UAE Citizensin Nicaragua
----

Main Agreements and MoUs

Agreement / MOUStatusNotes
CEPAComprehensive Economic Partnership Agreement
Not Signed-
IPPAInvestment Protection and Promotion Agreement
Not Signed-
DTADouble Taxation Avoidance Agreement
Not Signed-
ASAAir Services Agreement
Ratified
Signed on 28 Sep 2016.Ratified on 3 Feb 2019.
Ratified— Signed and entered into force
Signed— Signed, but entry into force or ratification is pending
Not Signed— No signed agreement exists

Last Updated: May 2026Source: Internal Research

UAE Foreign Assistance

UAE Aid to NicaraguaTotal Amount
Amount (USD Mn)-

Bilateral Visits

Official Visits from the UAE

  • -

Official Visits to the UAE

  • H.E. Jesus BermudezMinister of Development, Industry and Trade of Nicaragua
    Feb2024
  • H.E. Dr. Heyddy CalderonMinister of the Environment and Natural Resources of Nicaragua
    Dec2023
  • H.E. Denis Moncada ColindresMinister of Foreign Affairs of Nicaragua
    Oct2021

The officials’ titles shown reflect the positions held at the time of the visit.

Last Updated: April 2026Source: MoFA; Internal Research

Trade

Non-Oil Bilateral Trade

-

Rank Among UAE's Trade Partners

-Non-oil trade partner of the UAE
-Source of UAE imports
-Destination for UAE exports
-Destination for UAE re‑exports

Key Trade Commodities

-

Foreign Direct Investment Flows

Jan 2021 – Sep 2026
FDI Inflows (Into the UAE)1.3USD Millions
FDI Outflows (UAE Abroad)-

Capex and jobs data include estimated values.

Last Updated: November 2026Source: fDi Markets

Major Companies and Investments

Major Nicaraguan Companies in the UAE

  • -

Major UAE Companies in Nicaragua

  • -

Business Support

Joint Business Council(s)-

Cooperation Opportunities

Priority level: HIGH / MEDIUM / EMERGING, based on overall attractiveness to the UAE.

Last Updated: September 2026Source: Internal Research