Nicaragua Current Account to GDP

Nicaragua recorded a Current Account deficit of 12.80 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Nicaragua is reported by the Consejo Monetario Centroamericano. From 1960 until 2012, Nicaragua Current Account to GDP averaged -17.3 Percent reaching an all time high of 13.6 Percent in December of 1979 and a record low of -63.0 Percent in December of 1992. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Nicaragua Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-12.80 -14.00 13.60 -63.00 -10.67 | 2014/06 1960 - 2012 Percent Yearly

TO

Nicaragua Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -290.20 2013-12-31 -227.90 -15.80 -296.60 -239.95 2014-06-30 USD Million [+]
Current Account -329.90 2013-12-31 -383.90 -84.00 -452.80 -343.80 2014-06-30 USD Million [+]
Current Account to GDP -12.80 2012-12-31 -14.00 13.60 -63.00 -10.67 2014-06-30 Percent [+]
Exports 327.90 2013-12-31 391.80 447.50 10.50 372.47 2014-06-30 USD Million [+]
Imports 618.10 2013-12-31 619.70 674.00 53.00 619.91 2014-06-30 USD Million [+]
Remittances 1152.00 2012-12-31 1053.00 1152.00 660.00 1264.60 2014-06-30 USD Million [+]
[+]


Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.


RELATED NEWS

Nicaragua Consumer Price Index (CPI) at 178.84 Index Points  
Consumer Price Index (CPI) in Nicaragua decreased to 178.84 Index Points in March of 2014 from 178.86 Index Points in February of 2014. Consumer Price Index (CPI) in Nicaragua is reported by the Banco Central De Nicaragua.
Nicaragua Consumer Spending at 134998.30 NIO Million  
Consumer Spending in Nicaragua increased to 134998.30 NIO Million in 2013 from 130029.50 NIO Million in 2012. Consumer Spending in Nicaragua is reported by the Banco Central De Nicaragua.
Nicaragua GDP Constant Prices at 150503.70 NIO Million  
GDP Constant Prices in Nicaragua increased to 150503.70 NIO Million in 2013 from 143876.30 NIO Million in 2012. GDP Constant Prices in Nicaragua is reported by the Banco Central De Nicaragua.
Nicaragua Government Budget Value at -726.18 NIO Million  
Nicaragua recorded a government budget deficit of 726.18 NIO Million in February of 2014. Government Budget Value in Nicaragua is reported by the Banco Central De Nicaragua.
Nicaragua Government Spending at 12305.80 NIO Million  
Government Spending in Nicaragua increased to 12305.80 NIO Million in 2013 from 12093.70 NIO Million in 2012. Government Spending in Nicaragua is reported by the Banco Central De Nicaragua.
Nicaragua Money Supply M1 at 36625.33 NIO Million  
Money Supply M1 in Nicaragua increased to 36625.33 NIO Million in February of 2014 from 36121.15 NIO Million in January of 2014. Money Supply M1 in Nicaragua is reported by the Banco Central De Nicaragua.
Nicaragua Money Supply M2 at 100120.30 NIO Million  
Money Supply M2 in Nicaragua increased to 100120.30 NIO Million in February of 2014 from 96844.89 NIO Million in January of 2014. Money Supply M2 in Nicaragua is reported by the Banco Central De Nicaragua.
Nicaragua Money Supply M3 at 102277.18 NIO Million  
Money Supply M3 in Nicaragua increased to 102277.18 NIO Million in February of 2014 from 98853.85 NIO Million in January of 2014. Money Supply M3 in Nicaragua is reported by the Banco Central De Nicaragua.
Nicaragua Wages at 0.00 NIO Thousand  
Wages in Nicaragua remained unchanged at 0 NIO Thousand in December of 2013 from 0 NIO Thousand in November of 2013. Wages in Nicaragua is reported by the Banco Central De Nicaragua.
Nicaragua Government Debt To GDP at 51.60 Percent  
Nicaragua recorded a Government Debt to GDP of 51.60 percent of the country's Gross Domestic Product in 2013. Government Debt To GDP in Nicaragua is reported by the World Bank.
MORE RELATED NEWS

LATEST NEWS

Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News