Nicaragua | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 6.80 6.79 6.77 6.74 6.72 6.78 percent [+]
Inflation Rate 3.40 4 3.9 4.1 4.2 5.1 percent [+]
Balance of Trade -196.00 -216 -213 -214 -214 -214 USD Million [+]
Government Debt to GDP 45.30 44.29 43.77 43.26 42.74 43.97 percent [+]
MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 29.21 29.44 29.73 30.02 30.32 34.98 [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Annual Growth Rate 5.30 3.9 3.9 3.8 4.1 3.9 percent [+]
GDP 12.69 13.4 13.4 13.4 13.32 15.67 USD Billion [+]
GDP Constant Prices 166686.80 173467 175231 176995 178759 203412 NIO Million [+]
GDP per capita 1849.03 1896 1930 1930 1930 2170 USD [+]
GDP per capita PPP 4884.15 4948 4978 5007 5037 5440 USD [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 6.80 6.79 6.77 6.74 6.72 6.78 percent [+]
Wages 9.31 9.5 9.63 9.75 9.87 11.42 NIO Thousands/Month [+]
Population 6.26 6.34 6.36 6.38 6.4 6.68 Million [+]
Living Wage Family 8800.00 9028 8846 8991 8876 8925 NIO/Month [+]
Living Wage Individual 3700.00 3589 3659 3614 3643 3632 NIO/Month [+]
Wages High Skilled 13700.00 13966 13967 13967 13967 13967 NIO/Month [+]
Wages Low Skilled 4210.00 4717 4758 4748 4750 4750 NIO/Month [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 3.40 4 3.9 4.1 4.2 5.1 percent [+]
Consumer Price Index CPI 197.50 199 200 201 201 208 Index Points [+]
Producer Prices 230.80 238 241 244 247 285 Index Points [+]
Producer Prices Change -0.20 -0.32 -0.28 -0.29 -0.3 -0.31 percent [+]
Inflation Rate Mom 0.30 0.28 0.43 0.47 0.48 0.5 percent [+]
Food Inflation 0.27 -0.05 -0.53 -0.72 -0.79 -0.84 percent [+]
Cpi Transportation 163.70 165 165 165 165 165 Index Points [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Money Supply M1 52529.80 54058 55563 57109 58696 83687 NIO Million [+]
Money Supply M2 136013.36 136990 137259 137384 137015 115003 NIO Million [+]
Money Supply M3 138337.09 138009 137826 137643 137462 135157 NIO Million [+]
Deposit Interest Rate 1.00 0.97 0.97 0.97 0.97 0.97 percent [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -196.00 -216 -213 -214 -214 -214 USD Million [+]
Exports 446.90 424 425 425 425 425 USD Million [+]
Imports 642.90 636 636 636 636 636 USD Million [+]
Current Account -253.10 -285 -290 -296 -301 -349 USD Million [+]
Current Account to GDP -8.20 -10.16 -10.05 -9.94 -9.82 -9.47 percent [+]
Remittances 1193.40 1250 1271 1293 1314 1377 USD Million [+]
Gold Reserves 0.47 0.47 0.47 0.47 0.47 0.47 Tonnes [+]
Terrorism Index 2.09 2.2 2.2 2.2 2.2 2.19 [+]
Capital Flows -122.20 -155 -164 -255 -158 -202 USD Million [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 45.30 44.29 43.77 43.26 42.74 43.97 percent [+]
Government Budget -1.60 -1.41 -1.34 -1.27 -1.2 -0.61 percent of GDP [+]
Government Budget Value 642.25 235 409 384 360 373 NIO Million [+]
Government Spending 15280.50 15514 15572 15630 15689 16445 NIO Million [+]
Government Revenues 5042.64 5403 5350 5356 5356 5356 NIO Million [+]
Fiscal Expenditure 4400.39 4479 4724 4702 4654 4667 NIO Million [+]
Military Expenditure 71.40 72.66 68.35 64.05 62.85 59.52 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Industrial Production 15.40 13.97 9.79 11.72 14.18 12.83 percent [+]
Leading Economic Index 4.60 4.34 4.31 4.31 4.31 4.31 percent [+]
Ease of Doing Business 127.00 124 124 124 124 124 [+]
Electricity Production 51.78 70.39 77.18 80.87 82.87 85.27 Gigawatt-hour [+]
Corruption Index 27.00 26.15 26.11 26.07 26.03 26.73 Points [+]
Corruption Rank 130.00 128 128 127 127 119 [+]
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 Q4/16 Q1/17 Q2/17 Q3/17 2020
Consumer Spending 143522.00 146295 146871 147447 148024 159317 NIO Million [+]
Gasoline Prices 0.90 0.91 0.91 0.91 0.91 0.91 USD/Liter [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 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. 12/2/2016