31
November, 2020
Nicaragua
Global:
74
Availability:
76
Cost:
57
Regulation:
69
Productivity:
64
2020 Global TWI Ranking (out of 76) 2020 Regional TWI Ranking (out of 21)
Region:
19
Availability:
21
Cost:
16
Regulation:
18
Productivity:
17
Remote
Readiness
20
Remote
Readiness
75
Nicaragua has spent $0.2 billion USD in order to mitigate the impact of Covid-19. Approximately half of this has
been spent on the healthcare sector. Other measures include:
• Food baskets for low income and vulnerable households
https://www.imf.org/en/Topics/imf-and-Covid-19/Policy-Responses-to-COVID-19
Limited international flights are available to
Nicaragua. Land borders are open but may be
subject to closure at short notice.
A negative Covid-19 test result is required for
entry.
1.4%
4.5%
0%
20%
Nicaragua Regional Ave.
%
of
GDP
Nicaragua
Q4 2019* Q4 2020*
% Change
YOY
Total Workforce
2.99M 3.10M +3.8%
Unemployment Rate (%) 5.2% 5.4% +3.8%
Unemployed Workers 156K 168K +8%
Manpower 2020 Total Workforce Index
Workforce Statistics
Covid-19 Situation
Covid-19 Government Spend as % of GDP Border Closures and Restrictions
Additional Government Spending and Foregone Revenue to September 2020
Covid-19 Confirmed Cases and Deaths Reported to WHO (on a weekly basis)
*Reported figures at Q4 each year
https://covid19.who.int/
https://www.imf.org/en/Topics/imf-and-covid19/Fiscal-Policies-Database-in-
Response-to-COVID-19
Other Sources:
https://data.worldbank.org/
https://ilostat.ilo.org/
https://home.kpmg/xx/en/home/insights/
https://www.gov.uk/foreign-travel-advice
United States Embassy
https://tradingeconomics.com/
