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Nicaragua by gametop.info

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Background The Pacific coast of Nicaragua was settled as a Spanish colony from Panama in the early 16th century. Independence from Spain was declared in 1821 and the country became an independent republic in 1838. Britain occupied the Caribbean Coast in the first half of the 19th century, but gradually ceded control of the region in subsequent decades. Violent opposition to governmental manipulation and corruption spread to all classes by 1978 and resulted in a short-lived civil war that brought the Marxist Sandinista guerrillas to power in 1979. Nicaraguan aid to leftist rebels in El Salvador caused the US to sponsor anti-Sandinista contra guerrillas through much of the 1980s. Free elections in 1990, 1996, and 2001, saw the Sandinistas defeated, but voting in 2006 announced the return of former Sandinista President Daniel ORTEGA Saavedra. The 2008 municipal elections were characterized by widespread irregularities. Nicaragua's infrastructure and economy - hard hit by the earlier civil war and by Hurricane Mitch in 1998 - are slowly being rebuilt, but democratic institutions face new challenges under the ORTEGA administration. Geography largest country in Central America; contains the largest freshwater body in Central America, Lago de Nicaragua Government type 15 departments (departamentos, singular - departamento) and 2 autonomous regions* (regiones autonomistas, singular - region autonoma); Atlantico Norte*, Atlantico Sur*, Boaco, Carazo, Chinandega, Chontales, Esteli, Granada, Jinotega, Leon, Madriz, Managua, Masaya, Matagalpa, Nueva Segovia, Rio San Juan, Rivas Population 5,995,928 (July 2010 est.) Education expenditures 3.1% of GDP (2003) Economy - overview Industries 3.286 billion kWh (2007 est.) Electricity - production 0 kWh (2008 est.) Stock of money $4.272 billion (31 December 2008) Exchange rates