GDP in Nicaragua
Nicaragua - GDPGrowth remained robust in 2016, though the economy likely shifted into a lower gear. Recent economic activity indicators, coupled with a slowdown in GDP growth in Q3, hint at a further slowdown in the second half of last year, following the deceleration in H1. Adverse weather conditions and globally low commodities prices have heavily weighed on Nicaraguan exports. The poor performance of the external sector has nevertheless been mitigated to an extent by strong domestic demand, which has been sustained by robust household consumption and an expansive fiscal policy.
Nicaragua - GDP Data
|Economic Growth (GDP, annual variation in %)||6.2||5.6||4.5||4.6||4.9|
5 years of economic forecasts for more than 30 economic indicators.
Note: Annual variation of gross domestic product (GDP) in %.
Nicaragua GDP Chart
Source: Nicaragua Central Bank and FocusEconomics calculations.
|Exchange Rate||29.02||0.52 %||Jan 20|
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