Source: INCAE/ CLADCS Productivity Study
The Economist Intelligence Unit's Riskwire Report places Nicaragua in second place in Central America with respect to labor market risk.
Source: The Economist Intelligence Unit. 7/2004. Lower numbers indicate less risk.
According to the World Bank, Nicaragua ranked as the 123rd out of 190 best economy for starting a business. In 2007, Nicaragua's economy was labelled "62.7% free" by the conservative think tank Heritage Foundation, with high levels of fiscal, government, labor, investment, financial, and trade freedom. It ranked as the 61st freest economy, and 14th (of 29) in the Americas. Nicaragua was ranked 115th in the Global Innovation Index in 2023.
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