Nicaragua is the second poorest country in Latin America after Haiti (IFAD 2012). It was ranked 129th out of 187 on the 2011 UNDP Human Development Index and 21st out of 79 on the 2012 Global Hunger Index. While poverty in the country remains high, however, Nicaragua’s economy has made great strides forward in recent years. In 2011, economic activity grew by 5.1 percent, the highest rate in a decade; inflation also declined in 2011 to around 8 percent, down from a record high of 25 percent in 2008 (World Bank 2012).

Agricultural Production
Agricultural Production2011201220132014
Rice Production
FAO 2013
413,321 MT418,656 MT377,470 MT385,000 MT
Maize Production
FAO 2012
504,079 MT465,293 MT545,938 MT368,000 MT
Soybean Production
FAO 2013
4,945 MT7,137 MT7,247 MT7,000 MT
Agricultural Exports
Agricultural Exports2010201120122013
Rice Exports
FAO 2013
6,764 MT6,216 MT6,626 MT5,659 MT
Wheat Exports
FAO 2012
147.00 MT89.00 MT0.00 MT0.00 MT
Maize Exports
FAO 2013
2,632 MT23,813 MT13,975 MT10,130 MT
Soybean Exports
FAO 2012
228.00 MT207.00 MT340.00 MT131.00 MT
Agricultural Imports
Agricultural Imports2010201120122013
Rice Imports
FAO 2013
87,237 MT92,434 MT84,313 MT82,979 MT
Wheat Imports
FAO 2012
147.00 MT89.00 MT0.00 MT0.00 MT
Maize Imports
FAO 2010
122,086 MT123,503 MT139,141 MT108,870 MT
Soybean Imports
FAO 2013
21.00 MT4.00 MT4.00 MT0.00 MT