Current Account in Nicaragua

Nicaragua Current Account | Economic News & Forecasts

Nicaragua - Current Account

Following Q2’s historic economic acceleration on the back of strong performances both domestically and externally, high-frequency data points towards continued albeit more moderate growth in the third quarter. Although economic activity growth eased in July, it remained solid. Moreover, both imports and exports rose at a strong pace in the same month, hinting at healthy demand dynamics at home and abroad, while remittance inflows remained robust through July and August, which should have buttressed private spending. Turning to Q4, a record number of Covid-19 cases and deaths in early October have overwhelmed the country’s health system and will likely impact activity. Lastly, tensions around 7 November’s general elections have flared, with further arrests of prominent opposition figures made in recent weeks and concerns raised from the international community over the legitimacy of the electoral process.

Nicaragua - Current Account Data

2015   2016   2017   2018   2019  
Current Account (% of GDP)-8.8  -6.5  -4.9  0.6  -     

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Nicaragua Current Account Chart


Nicaragua Current Account
Note: Current account balance as % of GDP.
Source: Nicaragua Central Bank and FocusEconomics calculations.

Nicaragua Facts

Value Change Date
Exchange Rate33.472.11 %Jan 01

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