GDP in Nicaragua

Nicaragua GDP | Economic News & Forecasts

Nicaragua - GDP

The economy has remained shipshape so far this year, with May’s economic activity indicator signaling solid growth, while real wages and employment continue to rise unabated. In addition, remittances, an important source of foreign currency and a key driver of private consumption, rose substantially in H1, reflecting a strong U.S. construction sector. A confirmation of the positive evolution of the economy came in July, when credit rating agency Moody’s upgraded the country’s outlook to positive. The agency cited a robust macroeconomic framework conducive to economic and fiscal stability, which will mitigate the impact of potential external shocks.

Nicaragua - GDP Data

2012  2013  2014  2015  2016  
Economic Growth (GDP, annual variation in %)5.6  4.5  4.6  4.9  4.7  

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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 Rate30.201.79 %Aug 16

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