Fiscal Balance in Nicaragua

Nicaragua Fiscal Balance | Economic News & Forecasts

Nicaragua - Fiscal Balance

The economy likely contracted in Q1 2019 amid the ongoing political crisis, underpinned by anemic activity in the construction, trade and services sectors. Moreover, declining bank deposits throughout Q1 suggests consumers and businesses remain pessimistic about the outlook and see no signs of the economic crisis abating. Turning to Q2, remittances rose at a solid pace in April, which should continue to support the ravaged economy. Meanwhile, international pressure on the Ortega administration could intensify in upcoming weeks, particularly if the Organization of American States votes Nicaragua is violating its democratic charter, which could disqualify the country from Inter-American Development Bank loans.

Nicaragua - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-1.1  -1.5  -1.6  -2.0  -1.9  

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Nicaragua Facts

ValueChangeDate
Exchange Rate32.922.11 %Jun 13

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