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Republic of Nicaragua
República de Nicaragua
Political Status: Independence originally proclaimed 1821; separate republic established 1838; provisional junta installed July 19, 1979; present constitution adopted November 19, 1986, in effect from January 9, 1987.
Area: 50,193 sq. mi. (130,000 sq. km).
Population: 6,596,000 (2020E—UN); 6,203,441 (2020E—U.S. Census).
Major Urban Center (2018E—UN): MANAGUA (974,000).
Official Language: Spanish.
Monetary Unit: Córdoba Oro (principal rate September 30, 2020: 34.80 córdobas = $1US).
President: Daniel ORTEGA Saavedra (Sandinista National Liberation Front); served as president 1985–1990; reelected on November 5, 2006, and inaugurated for a five-year term on January 10, 2007, succeeding Enrique BOLAÑOS Geyer (Grand Liberal Union); reelected on November 6, 2011, and inaugurated on January 10, 2012, for an unprecedented third term; reelected for a fourth term on November 6, 2016, and inaugurated on January 17, ...