Nicaragua Economic Outlook
April 21, 2015Nicaragua’s economy grew a respectable 4.7% last year, helped by a turnaround in exports and solid consumption, which more than compensated for deteriorating investment. The sectors that made the greatest contribution to the expansion were commerce, hotels and restaurants, mining, and transport and communication. While the economy performed better in 2014 than in 2013, economic growth did cool down steadily throughout the course of 2014. More recent indicators suggest that the economy remains on solid footing at the outset of this year and economic activity picked up slightly in February.
Nicaragua Economic Data
5 years of Nicaragua economic forecasts for more than 30 economic indicators.
|Exchange Rate||26.39||0.53 %||Apr 23|
Nicaragua Economic Growth
April 21, 2015Nicaragua’s economic prospects improved slightly on expectations that solid consumption and a recovery in investment will sustain growth. FocusEconomics Consensus Forecast panelists see GDP expanding 4.4% in 2015 and 4.3% in 2016.
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