Nicaragua Economic Outlook
February 17, 2015The Nicaragua economy is expected to have expanded 4.1% in 2014, which would mark the slowest pace of growth in four years. While the economy started 2014 on a strong footing, drought and shrinking construction activity led to a deceleration in Q2 2014. Growth picked back up slightly in Q3, driven by rising consumption and exports. More recent indicators suggest that growth remained solid in the final quarter of the year. Meanwhile, the economic impact of the construction of the inter-oceanic Nicaragua Canal, which started in December, is uncertain. While the government expects the project to boost economic growth, many questions remain regarding the feasibility of the project and its potential economic consequences.
Nicaragua Economic Data
5 years of Nicaragua economic forecasts for more than 30 economic indicators.
|Exchange Rate||26.25||0.0 %||Mar 04|
Nicaragua Economic Growth
February 17, 2015Nicaragua’s growth prospects weakened slightly. FocusEconomics Consensus Forecast panelists expect the economy to grow 4.3% in both 2015 and 2016.
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