Nicaragua | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 6.80 6.4 6.3 6.5 6.8 7 percent [+]
Inflation Rate 3.69 3.9 4.1 4.2 4.3 5.5 percent [+]
Balance of Trade -268.30 -225 -227 -228 -228 -228 USD Million [+]
Government Debt to GDP 45.30 48.52 47.11 45.7 44.29 43.97 percent [+]
MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 29.34 29.86 30.15 30.45 31.04 35.47 [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Annual Growth Rate 4.30 3.9 3.8 4.1 4.3 4 percent [+]
GDP 12.69 13.4 13.4 12.9 13.07 15.67 USD Billion [+]
GDP Constant Prices 166686.80 168277 170007 171737 173467 203412 NIO Million [+]
GDP per capita 1849.03 1930 1930 1930 1930 2170 USD [+]
GDP per capita PPP 4884.15 4859 4889 4918 4948 5440 USD [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 6.80 6.4 6.3 6.5 6.8 7 percent [+]
Wages 9.43 9.58 9.7 9.82 9.94 11.34 NIO Thousands/Month [+]
Population 6.26 6.3 6.31 6.33 6.34 6.68 Million [+]
Living Wage Family 7114.60 7380 7514 7583 7617 7653 NIO/Month [+]
Living Wage Individual 5109.30 4861 4832 4828 4828 4828 NIO/Month [+]
Wages High Skilled 13700.00 13967 13967 13967 13967 13967 NIO/Month [+]
Wages Low Skilled 4210.00 4758 4748 4750 4749 4750 NIO/Month [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 3.69 3.9 4.1 4.2 4.3 5.5 percent [+]
Consumer Price Index CPI 202.30 203 206 208 210 245 Index Points [+]
Producer Prices 224.80 225 227 229 231 255 Index Points [+]
Producer Prices Change -0.30 -0.08 0.05 0.11 0.12 0.11 percent [+]
Inflation Rate Mom 0.70 0.64 0.61 0.59 0.59 0.58 percent [+]
Food Inflation -0.30 -0.63 -0.74 -0.83 -0.87 -0.89 percent [+]
Cpi Transportation 166.70 166 166 166 166 166 Index Points [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Money Supply M1 57536.92 58463 60016 61555 63083 80679 NIO Million [+]
Money Supply M2 143886.54 147641 151475 155319 159147 203515 NIO Million [+]
Money Supply M3 146386.92 149952 153395 156305 158900 185868 NIO Million [+]
Deposit Interest Rate 1.00 1.03 1.01 0.99 0.97 0.97 percent [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -268.30 -225 -227 -228 -228 -228 USD Million [+]
Exports 336.90 370 378 376 376 376 USD Million [+]
Imports 605.20 631 630 630 629 629 USD Million [+]
Current Account -236.80 -249 -256 -242 -277 -262 USD Million [+]
Current Account to GDP -8.20 -7.98 -8.7 -9.43 -10.16 -9.47 percent [+]
Remittances 1193.40 1170 1197 1223 1250 1377 USD Million [+]
Gold Reserves 0.47 0.47 0.47 0.47 0.47 0.47 Tonnes [+]
Terrorism Index 2.09 2.16 2.18 2.19 2.2 2.19 [+]
Capital Flows -147.10 -161 -203 -226 -197 -211 USD Million [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 45.30 48.52 47.11 45.7 44.29 43.97 percent [+]
Government Budget -1.60 -1.57 -1.52 -1.46 -1.41 -0.61 percent of GDP [+]
Government Budget Value -141.84 156 255 255 224 234 NIO Million [+]
Government Spending 15280.50 13908 14443 14978 15514 16445 NIO Million [+]
Government Revenues 5266.00 5241 5239 5240 5240 5240 NIO Million [+]
Fiscal Expenditure 5407.84 5102 5317 5303 5306 5303 NIO Million [+]
Military Expenditure 71.40 72.66 68.35 64.05 62.85 59.52 USD Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Industrial Production 15.40 9.79 11.72 14.18 12.01 12.83 percent [+]
Leading Economic Index 4.90 5.08 5.1 5.1 5.1 5.1 percent [+]
Ease of Doing Business 127.00 124 124 124 124 124 [+]
Electricity Production 67.02 75.97 79.25 81.04 82.02 83.19 Gigawatt-hour [+]
Corruption Index 26.00 26 27 27 27 28 Points [+]
Corruption Rank 145.00 132 131 130 128 119 [+]
Competitiveness Index 3.81 3.72 3.72 3.72 3.72 3.85 Points [+]
Competitiveness Rank 103.00 109 109 109 109 116 [+]
CONSUMER Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Consumer Spending 143522.00 142569 143811 145053 146295 159317 NIO Million [+]
Gasoline Prices 0.91 0.9 0.88 0.89 0.89 0.89 USD/Liter [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Corporate Tax Rate 30.00 30 30 30 30 30 percent [+]
Personal Income Tax Rate 30.00 30 30 30 30 30 percent [+]
Sales Tax Rate 15.00 15 15 15 15 15 percent [+]





Economic Forecasts for Nicaragua including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Nicaragua economy. 3/30/2017