Nicaragua - Poverty Assessment : Volume 2. Background Paper
Nicaragua is a small, open economy that
is vulnerable to external and natural shocks. With an
estimated Gross National Income (GNI) per capita of US$1000
in 2006, and a total population of 5.2 million, it is one of
the poorest countries in Latin America. Forty six percent of
the population lived below the poverty line in 2005 (while
15 percent lived in extreme poverty), and the incidence of
poverty is more than twice as high in rural areas (68