GDP in Nicaragua

Nicaragua GDP | Economic News & Forecasts

Nicaragua - GDP

Nicaragua’s economy ended 2016 in fairly good shape, and is likely to have been one of Central America’s stronger performers last year thanks to a broad-based economic expansion. Agriculture was a major driver of growth in the year to September thanks to favorable weather conditions, while commercial activity grew due to strong domestic demand and the manufacturing sector recovered somewhat, in part thanks to the performance of the enterprise zones (zonas francas). Remittances, another important component of the economy, also rose in the year to November due to the strong performance of the U.S. labor market. Evidencing the stable economic situation, Fitch Ratings and Standard and Poor’s recently confirmed their credit ratings for the country.

Nicaragua - GDP Data

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)6.2  5.6  4.5  4.6  4.9  

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Nicaragua GDP Chart

Nicaragua GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: Nicaragua Central Bank and FocusEconomics calculations.

Nicaragua Facts

Exchange Rate29.02-1.56 %Feb 16

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