Current Account in Nicaragua

Nicaragua Current Account | Economic News & Forecasts

Nicaragua - Current Account

The economy likely remained in the doldrums in the first half of the year. Bank deposits shrank sharply in January through April, while liquidity conditions worsened as the money supply continued to contract through May. On a brighter note, the trade deficit narrowed notably in January–April due to tumbling imports, which have been dampened by the effects of the economic crisis, amid falling exports. More positively, remittance inflows in Q1 and at the outset of Q2 should have provided some respite to the battered economy. On the political stage, while the release of some political prisoners under a contentious amnesty law was somewhat of a concession by the Ortega administration in the negotiations with the opposition, a final resolution to the political crisis seems distant.

Nicaragua - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-10.9  -7.1  -8.8  -6.5  -4.9  

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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

ValueChangeDate
Exchange Rate32.922.11 %Jul 11

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