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

INSS recorded an average of 21,654 active insured workers at employers in Carazo in 2023, 10.8 per 100 residents (7th highest of 17) against 11.6 nationally. Insured employment counts formal jobs by the employer's location.

How many people work for the government in Carazo?

26.6% of insured workers in Carazo worked for municipal governments, the State or ministries and institutions in 2023 (5,766 people), against 23.6% nationally (6th lowest of 17).

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

What are the main industries for jobs in Carazo?

The largest group of insured workers in Carazo in 2023 was community, social, personal and health services, with 8,506 people or 39.3% of the total; manufacturing accounted for 37.1% (3rd highest of 17), against 21.8% nationally.

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

How many women have formal jobs in Carazo?

Carazo had 46.8% women among its insured workers in 2023 (10,135 women and 11,519 men), against 43.8% nationally (6th highest of 17).

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

How many employers are there in Carazo?

INSS recorded 884 active insured employers in Carazo in 2023, 44.0 per 10,000 residents (8th highest of 17) against 48.3 nationally, with an average of 24.5 insured workers per employer.

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

How much do workers earn in total in Carazo?

Insured workers in Carazo earned C$ 2.80 billion in 2023, 2.1% of the national C$ 132.8 billion, which is C$ 13,923 per resident against C$ 19,516 nationally.

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

What is the average salary in Carazo?

The average insured worker in Carazo earned about C$ 10,764 a month in 2023, 6th lowest of 17 and 77% 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 Carazo?

Insured men in Carazo averaged about C$ 10,691 a month in 2023 and insured women about C$ 10,847; women's average was 101.5% of men's (4th highest of 17), against 91.7% nationally.

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

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

Carazo accounted for 2.7% of Nicaragua's insured workers but 2.1% 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 Carazo?

Insured wages in Carazo averaged C$ 129,166 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 Carazo?

Carazo had 15 tourist lodging establishments with 161 rooms and 265 beds in 2023 (INTUR), 8.0 rooms per 10,000 residents (3rd lowest of 17) against 19.5 nationally.

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

How long is the road network in Carazo?

The national road network in Carazo measured 883 km in 2023, 81.7 km per 100 square kilometres (2nd highest of 17) against 20.6 nationally.

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

How many roads are paved in Carazo?

18.7% of the road network in Carazo was paved, cobblestone or hydraulic concrete in 2023 (165 of 883 km), 7th lowest of 17 by paved share; the national share is 21.3%.

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

How many free-zone companies are there in Carazo?

Carazo hosted 5 free-zone companies in 2023, 2.5% of the 203 in Nicaragua (CNZF).

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

How Carazo compares with other departments

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

Carazo ranks 7 of 17, highest first. Average active insured workers by place of the employer, per 100 residents

RankRegionInsured (INSS) workers per 100 residents, 2023
4Chinandega11.9
5Masaya11.6
6Rivas11.4
7Carazo10.8
8Chontales8.8
9Granada7.7
10Matagalpa5.8
Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

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

Carazo ranks 12 of 17, highest first. Municipal governments, State and ministries and institutions

RankRegionPublic-sector share of insured workers, 2023
9Matagalpa35.1%
10Granada30.9%
11Rivas27.3%
12Carazo26.6%
13Chinandega22.9%
14Leon19.6%
15Managua18.3%
Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

Manufacturing share of insured workers, 2023 (2023)

Carazo ranks 3 of 17, highest first.

RankRegionManufacturing share of insured workers, 2023
1Masaya52.7%
2Esteli52.4%
3Carazo37.1%
4Leon34.2%
5Chinandega27.8%
6Rivas22.2%
7Granada21.0%
Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

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

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

RankRegionAverage monthly insured wage, 2023 (cordobas)
9Atlantico SurC$ 10,849
10MatagalpaC$ 10,838
11Rio San JuanC$ 10,798
12CarazoC$ 10,764
13BoacoC$ 10,679
14MadrizC$ 10,340
15JinotegaC$ 10,263
Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

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

Carazo ranks 4 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)

Carazo ranks 8 of 17, highest first.

RankRegionInsured wages per resident, 2023 (cordobas)
5MasayaC$ 16,512
6RivasC$ 15,867
7ChontalesC$ 14,589
8CarazoC$ 13,923
9GranadaC$ 10,686
10MatagalpaC$ 7,526
11Atlantico SurC$ 6,976
Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

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

Carazo ranks 15 of 17, highest first.

RankRegionTourist lodging rooms per 10,000 residents, 2023
11Boaco11.9
12Jinotega11.4
13Nueva Segovia11.0
14Atlantico Norte10.5
15Carazo8.0
16Chinandega7.1
17Masaya7.0
Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

Road network per 100 km2, 2023 (2023)

Carazo ranks 2 of 17, highest first. Kilometres of national road network per 100 square kilometres

RankRegionRoad network per 100 km2, 2023
1Masaya106.3 km
2Carazo81.7 km
3Madriz68.5 km
4Esteli56.8 km
5Nueva Segovia56.1 km
6Granada49.6 km
7Managua47.0 km
Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

Paved share of the road network, 2023 (2023)

Carazo ranks 11 of 17, highest first. Paved, cobblestone and hydraulic concrete roads

RankRegionPaved share of the road network, 2023
8Atlantico Sur23.5%
9Boaco21.5%
10Leon21.4%
11Carazo18.7%
12Matagalpa17.9%
13Esteli17.7%
14Nueva Segovia14.9%
Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

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

Carazo ranks 8 of 17, highest first.

RankRegionActive insured employers per 10,000 residents, 2023
5Leon48.4
6Chinandega47.8
7Granada47.4
8Carazo44.0
9Masaya34.6
10Matagalpa32.0
11Boaco30.2
Source: Instituto Nacional de Informacion de Desarrollo (INIDE) · saved copy

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

Sources

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