International Reserves in Nicaragua

Nicaragua International Reserves | Economic News & Forecasts

Nicaragua - International Reserves

The economy likely contracted in the second quarter as the pandemic took its toll, on the heels of moderate growth in the first quarter. In April, economic activity deteriorated markedly due to widespread contractions, with only subsectors such as construction registering a small increase in activity. Moreover, on the external front, exports underperformed amid lockdowns abroad. Financially, President Ortega’s regime has found little international support due to diplomatic isolation. This means the government could have to dip into Central Bank deposits to keep operating, and limits the potential for fiscal stimulus. In mid-June, Fitch revised the country’s credit rating outlook to negative amid increased financing risks and rising spending pressures.

Nicaragua - International Reserves Data

2015   2016   2017   2018   2019  
International Reserves (USD)2.5  2.4  2.8  2.3  2.4  

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Nicaragua International Reserves Chart

Nicaragua International Reserves
Note: International reserves in months of imports.
Source: Nicaragua Central Bank and FocusEconomics calculations.

Nicaragua Facts

Value Change Date
Exchange Rate33.472.11 %Jan 01

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