Wednesday, July 15, 2009

Nicaragua

Nicaragua (pronounced /ˌnɪkəˈrɑːɡwə/) officially the Republic of Nicaragua (Spanish: República de Nicaragua, pronounced [reˈpuβlika ðe nikaˈɾaɣwa] ( listen)), is a representative democratic republic. It is the largest country in Central America with an area of 130,000 km2, and the second poorest in the Western Hemisphere. The country is bordered by Honduras to the north and Costa Rica to the south. The Pacific Ocean lies to the west of the country, the Caribbean Sea to the east. Falling within the tropics, Nicaragua sits between 11 degrees and 14 degrees north of the Equator, in the Northern Hemisphere. Nicaragua's capital city is Managua, with approximately one-fifth of Nicaraguans living there.

The origin of the name "Nicaragua" is unclear; one theory is that it was coined by Spanish colonists based upon the name of the local chief at that time, Nicarao; another is that it may have meant "surrounded by water" in an indigenous language (this could either be a reference to its two large freshwater lakes, Lake Nicaragua and Lake Managua, or to the fact that it is bounded on the east and the west by oceans).

Contents

Republic of Nicaragua
República de Nicaragua
Flag Coat of arms
Motto: En Dios Confiamos (Spanish)
"In God We Trust"
[1]
Anthem: Salve a ti, Nicaragua (Spanish)
Hail to thee, Nicaragua

Capital
(and largest city)
Managua
12°9′N 86°16′W / 12.15°N 86.267°W / 12.15; -86.267
Official languages Spanish1
Recognised regional languages no one
Ethnic groups 69% Mestizo
17% White (majority being of Spanish, German, Italian, or French ancestry)
9% Black
5% Amerindian
Demonym Nicaraguan
Government Presidential republic
- President Daniel Ortega (FSLN)
- Vice President Jaime Morales Carazo
Independence from Spain
- Declared 15 September 1821
- Recognized 25 July 1850
- Revolution 19 July 1979
Area
- Total 129,495 km2 (97th)
50,193 sq mi
- Water (%) 7.14
Population
- July 2009 estimate 5,891,199 (110th)
- 2005 census 5,148,098
- Density 42/km2 (133nd)
114/sq mi
GDP (PPP) 2009 estimate
- Total $15.890 billion[2]
- Per capita $2,688[2]
GDP (nominal) 2009 estimate
- Total $6.554 billion[2]
- Per capita $1,053[2]
Gini (2007) 40.1 (medium)
HDI (2009) 0.699 (medium) (120th)
Currency Córdoba (NIO)
Time zone (UTC-6)
Drives on the right
Internet TLD .ni
Calling code 505

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