Market Intelligence Reports

Global Market Report Q4 2021

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27 Nicaragua 2,836 2,906 2,937 2,883 2,880 Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 5.2% 5.2% 5.4% 4.8% 4.9% Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 Q4 2021 Total Labor Force (000s) 3,028 Employed Workers (000s) 2,880 Unemployed Workers (000s) 148 Unemployment Rate 4.9% 57% - First Vaccine Dose (December 2021) Covid Update Nicaragua has not introduced vaccine mandates. 25% 30% 15% 0% 25% 50% 75% Employer Tax Profit Tax VAT Nicaragua Regional Average Other Cost Considerations - Tax Indicative Wages (USD) $338 $183 $0.88 $0 $5 $10 $0 $2,500 $5,000 Average Wage Manufacturing Wage Minimum Wage Nicaragua Regional Average 51% 51% 51% 51% 33% 33% 33% 33% 66% 67% 67% 67% 0% 20% 40% 60% 80% 2016 2017 2018 2019 2020 15-24 years 65+ years Total Labor Force Participation Rate by Selected Age Group Working Population (in Thousands) Over Time Unemployment Rate Over Time Labor Force Statistics ILOSTAT Monthly Hourly Key Sources: https://wageindicator.org/ https://ilostat.ilo.org/ https://www.worldbank.org/ https://tradingeconomics.com/ https://home.kpmg/xx/en/home.html https://taxsummaries.pwc.com/

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