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Economy, jobs and prices in Boaco, Nicaragua: official figures

INSS recorded an average of 8,280 active insured workers at employers in Boaco in 2023, 4.4 per 100 residents (3rd lowest of 17) against 11.6 nationally. Insured employment counts formal jobs by the employer's location.

How many people work for the government in Boaco?

51.0% of insured workers in Boaco worked for municipal governments, the State or ministries and institutions in 2023 (4,221 people), against 23.6% nationally (3rd highest of 17).

Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

What are the main industries for jobs in Boaco?

The largest group of insured workers in Boaco in 2023 was community, social, personal and health services, with 5,061 people or 61.1% of the total; manufacturing accounted for 3.0% (3rd lowest of 17), against 21.8% nationally.

Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

How many women have formal jobs in Boaco?

Boaco had 47.7% women among its insured workers in 2023 (3,947 women and 4,334 men), against 43.8% nationally (5th highest of 17).

Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

How many employers are there in Boaco?

INSS recorded 570 active insured employers in Boaco in 2023, 30.2 per 10,000 residents (7th lowest of 17) against 48.3 nationally, with an average of 14.5 insured workers per employer.

Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

How much do workers earn in total in Boaco?

Insured workers in Boaco earned C$ 1.06 billion in 2023, 0.8% of the national C$ 132.8 billion, which is C$ 5,620 per resident against C$ 19,516 nationally.

Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

What is the average salary in Boaco?

The average insured worker in Boaco earned about C$ 10,679 a month in 2023, 5th lowest of 17 and 76% of the national average of C$ 13,991.

Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

How much less do women earn than men in Boaco?

Insured men in Boaco averaged about C$ 10,559 a month in 2023 and insured women about C$ 10,808; women's average was 102.4% of men's (3rd highest of 17), against 91.7% nationally.

Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

Is pay in Boaco high compared with the rest of Nicaragua?

Boaco accounted for 1.0% of Nicaragua's insured workers but 0.8% of insured wages in 2023, a wage share below its worker share.

Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

How much does the average worker earn in a year in Boaco?

Insured wages in Boaco averaged C$ 128,151 a year per worker in 2023; across the 17 departments and regions annual averages ran from C$ 121,941 to C$ 202,357.

Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

How many hotels are there in Boaco?

Boaco had 17 tourist lodging establishments with 225 rooms and 295 beds in 2023 (INTUR), 11.9 rooms per 10,000 residents (7th lowest of 17) against 19.5 nationally.

Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

How long is the road network in Boaco?

The national road network in Boaco measured 1,232 km in 2023, 29.5 km per 100 square kilometres (6th lowest of 17) against 20.6 nationally.

Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

How many roads are paved in Boaco?

21.5% of the road network in Boaco was paved, cobblestone or hydraulic concrete in 2023 (265 of 1,232 km), 9th highest of 17 by paved share; the national share is 21.3%.

Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

How Boaco compares with other departments

Insured (INSS) workers per 100 residents, 2023 (2023)

Boaco ranks 15 of 17, highest first. Average active insured workers by place of the employer, per 100 residents

RankRegionInsured (INSS) workers per 100 residents, 2023
11Atlantico Sur5.4
12Nueva Segovia5.2
13Rio San Juan5.2
14Madriz4.6
15Boaco4.4
16Atlantico Norte3.3
17Jinotega3.3
Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

Public-sector share of insured workers, 2023 (2023)

Boaco ranks 3 of 17, highest first. Municipal governments, State and ministries and institutions

RankRegionPublic-sector share of insured workers, 2023
1Rio San Juan53.5%
2Madriz51.9%
3Boaco51.0%
4Atlantico Norte50.4%
5Jinotega50.0%
6Nueva Segovia43.2%
7Atlantico Sur39.9%
Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

Manufacturing share of insured workers, 2023 (2023)

Boaco ranks 15 of 17, highest first.

RankRegionManufacturing share of insured workers, 2023
11Chontales9.9%
12Rio San Juan7.6%
13Matagalpa4.4%
14Atlantico Sur3.6%
15Boaco3.0%
16Atlantico Norte1.7%
17Jinotega1.5%
Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

Average monthly insured wage, 2023 (cordobas) (2023)

Boaco ranks 13 of 17, highest first. Annual insured wages divided by average active insured workers and by 12

RankRegionAverage monthly insured wage, 2023 (cordobas)
10MatagalpaC$ 10,838
11Rio San JuanC$ 10,798
12CarazoC$ 10,764
13BoacoC$ 10,679
14MadrizC$ 10,340
15JinotegaC$ 10,263
16EsteliC$ 10,214
Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

Women's average insured wage as a share of men's, 2023 (2023)

Boaco ranks 3 of 17, highest first.

RankRegionWomen's average insured wage as a share of men's, 2023
1Rio San Juan108.8%
2Jinotega107.1%
3Boaco102.4%
4Carazo101.5%
5Atlantico Sur101.4%
6Madriz99.4%
7Nueva Segovia99.1%
Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

Insured wages per resident, 2023 (cordobas) (2023)

Boaco ranks 15 of 17, highest first.

RankRegionInsured wages per resident, 2023 (cordobas)
11Atlantico SurC$ 6,976
12Rio San JuanC$ 6,718
13Nueva SegoviaC$ 6,389
14MadrizC$ 5,665
15BoacoC$ 5,620
16Atlantico NorteC$ 5,030
17JinotegaC$ 4,095
Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

Tourist lodging rooms per 10,000 residents, 2023 (2023)

Boaco ranks 11 of 17, highest first.

RankRegionTourist lodging rooms per 10,000 residents, 2023
8Chontales14.7
9Matagalpa13.3
10Madriz12.7
11Boaco11.9
12Jinotega11.4
13Nueva Segovia11.0
14Atlantico Norte10.5
Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

Road network per 100 km2, 2023 (2023)

Boaco ranks 12 of 17, highest first. Kilometres of national road network per 100 square kilometres

RankRegionRoad network per 100 km2, 2023
9Matagalpa43.4 km
10Leon40.7 km
11Chinandega30.5 km
12Boaco29.5 km
13Jinotega24.9 km
14Chontales21.2 km
15Rio San Juan9.1 km
Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

Paved share of the road network, 2023 (2023)

Boaco ranks 9 of 17, highest first. Paved, cobblestone and hydraulic concrete roads

RankRegionPaved share of the road network, 2023
6Chontales26.7%
7Chinandega26.0%
8Atlantico Sur23.5%
9Boaco21.5%
10Leon21.4%
11Carazo18.7%
12Matagalpa17.9%
Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

Active insured employers per 10,000 residents, 2023 (2023)

Boaco ranks 11 of 17, highest first.

RankRegionActive insured employers per 10,000 residents, 2023
8Carazo44.0
9Masaya34.6
10Matagalpa32.0
11Boaco30.2
12Nueva Segovia25.9
13Atlantico Sur24.0
14Rio San Juan22.5
Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

More on Boaco: overview · health · education and schools · poverty and living standards · government budget · Nicaragua

Sources

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