Nicaragua Economic Outlook
August 12, 2014The monthly indicator of economic activity (IMAE) posted 3.0% growth in May, which was slightly down from April’s 3.4% expansion. According to the Central Bank, this deceleration reflects a high statistical base effect and not a general slowdown of economic activity. May’s expansion was mainly driven by growth in trade and services, agriculture, livestock, forestry, fishing and mining, as well as manufacturing. Meanwhile, the country is experiencing a severe drought and there are concerns that this could negatively affect agricultural production and GDP growth.
Nicaragua Economic Data
5 years of Nicaragua economic forecasts for more than 30 economic indicators.
|Exchange Rate||26.16||0.01 %||Aug 28|
Nicaragua Economic Growth
August 12, 2014FocusEconomics panelists expect the economy to grow 4.4% in 2014, which is unchanged from last month’s forecast. For 2015, the panel expects economic growth of 4.5%.
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