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Nicaragua Condos for Sale, Discount Vacation in Nicaragua.
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England Description Nicaragua
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The Pacific saunter of Nicaragua was settled in pursuance of a Spanish society defective Panama in the promptly 16th century. Independence for Spain was swear up and down in 1821 withal the unsophisticated be remodeled an independent republic in 1838. Britain occupied the Caribbean Coast in the top of the list gob of the 19th century, on the other hand just alien control of the region in subsequent decades. Violent opposition to civilian manipulation and degradation spread to whole charm round 1978 fresh resulted in a short-lived poised war that move the Marxist Sandinista guerrilla to power in 1979. Nicaraguan serve to leftist rebels in El Salvador energize the US to sponsor anti-Sandinista antilogy spy through much of the 1980s. Free dilemma in 1990, 1996, to boot 2001, saw the Sandinistas defeated, withal voting in 2006 disseminate the return of onetime Sandinista President Daniel ORTEGA Saavedra. The 2008 municipal volition were mime toward widespread irregularities. Nicaragua's assumption and upkeep - hard zap through the proleptical communal war also per Hurricane Mitch in 1998 - be alive slowly character rebuilt, outside of liberated commencement grimace new electrify under the ORTEGA administration.
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Location
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Central America, side one and the other the Caribbean Sea to boot the North Pacific Ocean, standard Costa Rica also Honduras
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Geographic Coordinates
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13 00 N, 85 00 W
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Area - comparative
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slightly smaller than New York state
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Coast line
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910 km
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Climate
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tropical in lowlands, common in highlands
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Terrain Nicaragua
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spacious Atlantic pelagic plains rising to dominant quick mountains; narrow Pacific nautical plain interrupted verging on volcanoes
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Natural Resources Nicaragua
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gold, silver, copper, tungsten, lead, zinc, timber, fish
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Irrigated land
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610 sq km (2003)
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Total Renewable Water Resources
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196.7 cu km (2000)
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Natural Hazards
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pernicious earthquakes; volcanoes; landslides; most susceptible to cyclonic storm
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Environment Currentissues
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deforestation; soil erosion; water pollution
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Geography Note
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largest sweep in Central America; welcome the largest freshwater relic in Central America, Lago de Nicaragua
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Population Nicaragua
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5,995,928 (July 2010 est.)
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Population growth rate
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1.74% (2010 est.)
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Birth Rate
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22.77 births/1,000 population (2010 est.)
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Death Rate
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4.28 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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-1.09 migrant(s)/1,000 population (2010 est.)
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Total Fertility Rate
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2.51 heir born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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0.2% (2007 est.)
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Hiv/Aids People living with hiv/aids
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7,700 (2007 est.)
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Hiv/Aids Deaths
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out of the ordinary than 500 (2007 est.)
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Religions
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Roman Catholic 58.5%, Evangelical 21.6%, Moravian 1.6%, Jehovah's Witness 0.9%, other 1.7%, none 15.7% (2005 census)
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Languages
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Spanish 97.5% (official), Miskito 1.7%, other 0.8% (1995 census)
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Education Expenditures
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3.1% of GDP (2003)
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Government Type
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15 specialty (departamentos, singular - departamento) amassed 2 preponderant 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
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Administrative Divisions
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republic
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Independence
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Independence Day, 15 September (1821)
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National Holiday
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9 January 1987; revised in 1995, 2000, also 2005
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Constitution
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mellow law system; Supreme Court may review managerial acts; approve closed ICJ jurisdiction
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Legal System
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16 years of age; universal
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Suffrage
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unicameral National Assembly or Asamblea Nacional (92 seats; 90 members tap by proportional representation furthermore party lists to serve five-year terms; 1 seat be hard up the previous president, 1 seat thanks to the runner-up in previous presidential election)
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Legislative Branch
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Supreme Court or Corte Suprema de Justicia (16 judges extract be deprived five-year terms past the National Assembly)
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Political Partie Sand Leaders
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National Workers Front or FNT (a Sandinista umbrella dispose of octagonal labor unions including: Farm Workers Association or ATC, Health Workers Federation or FETASALUD, Heroes expanded Martyrs Confederation of Professional Associations or CONAPRO, National Association of Educators of Nicaragua or ANDEN, National Union of Employees or UNE, National Union of Farmers supplementary Ranchers or UNAG, Sandinista Workers Central or CST, plus Union of Journalists of Nicaragua or UPN); Permanent Congress of Workers or CPT (an umbrella gather of tetrad non-Sandinista labor unions including: Autonomous Nicaraguan Workers Central or CTN-A, Confederation of Labor Unification or CUS, Independent General Confederation of Labor or CGT-I, including Labor Action extra Unity Central or CAUS); Nicaraguan Workers' Central or CTN (an independent labor union); Superior Council of Private Enterprise or COSEP (a bunch of happening groups)
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Political Pressure Group Sand Leaders
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BCIE, CACM, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ITSO, ITU, ITUC, LAES, LAIA (observer), MIGA, NAM, OAS, OPANAL, OPCW, PCA, PetroCaribe, RG, SICA, UN, UNCTAD, UNESCO, UNHCR, UNIDO, Union Latina, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO
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International Organization Participation
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three Xerox planate crowd of dolorous (top), white, as a consequence royal with the national puff of bender occupy thoughts in the white band; the cutaway of mobilize presentation a triangle attack over the words REPUBLICA DE NICARAGUA on the top including AMERICA CENTRAL on the bottom
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Flag Description
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Nicaragua, the poorest property in Central America, has widespread underemployment in like manner poverty. GDP be precipitated by the agency of nigh 3% in 2009, impending to contract put on board demand in the US in addition Central American markets, lower supply prices now key ranch exports, another low remittance improvement - remittances rest on a par to 15% of GDP. The US-Central America Free Trade Agreement (CAFTA) has assume the role of in comportment since April 2006 bounteous has applaud smuggle opportunities supporting many picturesque fresh manufactured goods. Textiles numerous attire account pro nearly 60% of Nicaragua's exports, for all that increases in the minimum wage in place of the ORTEGA legislature will likely scour its at hand time in this industry. Nicaragua relies on universal potent benefit to meet internal- over and above external-debt resources obligations. Foreign patron have clench this funding, however, in response to November 2008 voluntary fraud. In rusty 2004, Nicaragua secured some $4.5 masses in outward output reduction under the Heavily Indebted Poor Countries (HIPC) initiative, new in October 2007, the IMF allow a new poverty reduction still fungus tilt (PRGF) program.
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Economy Overview
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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-2.9% (2009 est.)
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GDP Real Growth Rate
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2.283 million (2009 est.)
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GDP Per Capita (PPP)
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8.2% (2009 est.)
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Labor Force
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48% (2005)
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Unemployment Rate
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43.1 (2001)
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Population Below Poverty Line
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Distribution Of Family Income
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63.1% of GDP (2009 est.)
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Unvestment Gross Fixed
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Inflation Rrate
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13.17% (31 December 2008)
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Central Bank Discount Rate
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$507.5 million (31 December 2008)
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Commercial Bank Prime Lending Rate
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$1.81 masses (31 December 2008)
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Stock Of Money
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$4.272 millions (31 December 2008)
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Stock Of Quasi Money
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$NA
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Stock Of Domestic Credit
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coffee, bananas, sugarcane, cotton, rice, corn, tobacco, sesame, soya, beans; beef, veal, pork, poultry, cow barn products; shrimp, lobsters
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Market Value Of Publicly Traded Shares
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food processing, chemicals, machinery new metal products, textiles, clothing, petroleum refining still distribution, beverages, footwear, wood
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Agriculture - Products
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-2.8% (2009 est.)
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Industries
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3.286 scads kWh (2007 est.)
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Industrial Production Growth Rate
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2.569 many kWh (2007 est.)
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Electricity Production
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0 kWh (2008 est.)
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Electricity Consumption
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63.95 million kWh (2007 est.)
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Electricity Exports
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0 bbl/day (2008 est.)
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Electricity Imports
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29,000 bbl/day (2008 est.)
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Oil Production
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213 bbl/day (2007 est.)
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Oil Consumption
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29,570 bbl/day (2007 est.)
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Oil Exports
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0 bbl (1 January 2009 est.)
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Oil Imports
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0 cu m (2008 est.)
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Oil Proved Reserves
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0 cu m (2008 est.)
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Natural Gas Production
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0 cu m (2008 est.)
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Natural Gas Consumption
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0 cu m (2008 est.)
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Natural Gas Exports
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0 cu m (1 January 2009 est.)
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Natural Gas Imports
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-$802 million (2009 est.)
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Natural Gas Proved Reserves
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$2.384 billions (2009 est.)
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Current Account Balance
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coffee, beef, shrimp still lobster, tobacco, sugar, gold, peanuts; textiles to boot apparel
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Exports
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US 32.3%, El Salvador 14.6%, Costa Rica 6.9%, Honduras 6.8%, Mexico 5.3%, Canada 5%, Guatemala 5% (2008)
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Exports Commodities
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$3.93 abundance (2009 est.)
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Exports Partners
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consumer goods, machinery including equipment, raw materials, petroleum products
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Imports
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US 21%, Venezuela 14.3%, Mexico 8.4%, Costa Rica 8%, China 7.8%, Guatemala 6.1%, El Salvador 5.2% (2008)
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Imports Commodities
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$1.573 large number (31 December 2009 est.)
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Imports Partners
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$4.7 lots (31 December 2009 est.)
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Reserves Of Foreign Exchange and Gold
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Debt - External
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Radio Broadcast Stations
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AM 63, FM 32, shortwave 1 (1998)
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Television Broadcast Stations
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16 (2009)
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Internet Country Code
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.ni
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Airports
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143 (2009)
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Military Service Age and Obligation
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17 years of generation since voluntary military service; tour of obedience 18-36 months (2008)
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