Nicaragua remains one the safest country in Latin America!

June 14, 2013 - PRLog -- Nicaragua was ranked as the seventh safest country in Latin America and is one of the countries that significantly improved its position in the western hemisphere in the 2013 Global Peace Index (GPI).

GPI evaluates over 162 countries, and includes indicators such as the levels of military expenditure, its relations with neighboring countries, number of homicides, level of organized conflict and the level of respect for human rights.

Among the Central American countries, Nicaragua is number two after Costa Rica, in the 66 position, while Guatemala is number 109, El Salvador number 112, followed by Honduras as number 123.

In the 2013 GIP edition, Nicaragua improved 15 notorious positions, reducing the gap between Costa Rica by 19 positions.

The GPI team uses the latest available figures from a wide range of respected sources, including the International Institute of Strategic Studies, The World Bank, the Economist Intelligence Unit and various United Nations offices and peace institutes.

Other prestigious institutions have recognized Nicaragua not only as one of the safest destinations in the region, but also as a country with an excellent business climate.

The 2013 Doing Business Report, recently published by the World Bank, revealed that Nicaragua improved a position in its overall ranking with positive developments in the Trading Across Borders, and Resolving Insolvency categories. This is the third consecutive year the country has improved its position within the report, which demonstrates a positive impact of the various efforts carried out to improve the country’s investment climate.

At a regional level, Nicaragua outranked the rest of the Central American countries in the categories of Protecting Investors, Enforcing Contracts and Resolving Insolvency.