External Debt in Nicaragua

Nicaragua External Debt | Economic News & Forecasts

Nicaragua - External Debt

The economy in Q1 failed to live up to Q4 2021’s double-digit growth, in part due to a base effect. An improvement in fixed capital growth wasn’t enough to outweigh the drags from slower expansion of exports and private and public consumption. In Q2, higher global fertilizer and fuel prices amid the war in Ukraine are likely depressing agricultural output. Rising import costs and inflation should also be denting private consumption despite strong remittances growth. Nevertheless, the government extended April’s price freeze on fuels and gas, with the measure to continue till late August, boosting household and public spending. In other news, on 7 June, President Ortega authorized the deployment of Russian military forces on home soil later in 2022, increasing the probability of new international sanctions.

Nicaragua - External Debt Data

2015   2016   2017   2018   2019  
External Debt (% of GDP)82.1  82.6  83.1  88.7  -     

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Nicaragua External Debt Chart

Nicaragua External Debt
Note: External debt 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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