Nicaragua Economic Outlook
March 17, 2015Nicaragua’s economy is expected to have expanded at a slower pace in 2014 than in 2013. Growth was held back in Q2 by drought and contracting construction activity, but the economy improved slightly in Q3 as a result of increases in consumption and exports. Meanwhile, an IMF official who recently concluded his visit to Nicaragua stated that the country has achieved a good amount of progress, having improved its macroeconomic stability and recording substantial economic expansions in recent years. However, the IMF official also pointed out that reforming the electricity sector, improving education and increasing agricultural yields are crucial to supporting growth in the medium term.
Nicaragua Economic Data
5 years of Nicaragua economic forecasts for more than 30 economic indicators.
|Exchange Rate||26.25||0.0 %||Mar 26|
Nicaragua Economic Growth
March 17, 2015Nicaragua’s growth prospects remain fairly stable. FocusEconomics Consensus Forecast panelists expect the economy to grow a healthy 4.3% in both 2015 and 2016.
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