Nicaragua | Economic Forecasts | 2017-2020 Outlook

This page has 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.


Overview Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 6.80 6.3 6.5 6.8 6.6 7 percent [+]
Inflation Rate 3.17 4.1 4.2 4.3 4.5 5.5 percent [+]
Balance of Trade -268.30 -227 -228 -228 -228 -228 USD Million [+]
Government Debt to GDP 45.30 47.11 45.7 44.29 43.77 43.97 percent [+]
MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 29.22 29.99 30.28 31.17 30.88 35.63 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate 4.20 3.8 4.1 4.3 3.7 4 percent [+]
GDP 12.69 13.4 12.9 13.07 13.15 15.67 USD Billion [+]
GDP Constant Prices 178234.60 180824 184215 187605 189885 214242 NIO Million [+]
GDP per capita 1849.03 1930 1930 1930 1908 2170 USD [+]
GDP per capita PPP 4884.15 4934 4980 5025 5051 5387 USD [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 6.80 6.3 6.5 6.8 6.6 7 percent [+]
Wages 9.44 9.67 9.78 9.9 10.02 11.28 NIO Thousands/Month [+]
Population 6.26 6.31 6.33 6.34 6.36 6.68 Million [+]
Living Wage Family 7114.60 7514 7583 7617 7635 7653 NIO/Month [+]
Living Wage Individual 5109.30 4832 4828 4828 4828 4828 NIO/Month [+]
Wages High Skilled 13700.00 13967 13967 13967 13967 13967 NIO/Month [+]
Wages Low Skilled 4210.00 4748 4750 4749 4750 4750 NIO/Month [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 3.17 4.1 4.2 4.3 4.5 5.5 percent [+]
Consumer Price Index CPI 202.60 206 208 210 212 245 Index Points [+]
Producer Prices 231.10 237 240 242 234 274 Index Points [+]
Producer Prices Change 1.30 2.63 2.65 2.67 0.14 2.67 percent [+]
Inflation Rate Mom 0.10 0.48 0.5 0.51 0.52 0.52 percent [+]
Food Inflation -0.90 -1.16 -1.32 -1.39 -1.41 -1.43 percent [+]
Cpi Transportation 167.00 168 168 168 168 168 Index Points [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Money Supply M1 56425.29 58688 60110 61512 62905 77655 NIO Million [+]
Money Supply M2 144708.93 149914 153550 157177 160785 199171 NIO Million [+]
Money Supply M3 149217.74 153395 156305 158900 161321 185868 NIO Million [+]
Deposit Interest Rate 1.10 1.06 1.1 1.14 1.14 1.15 percent [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -268.30 -227 -228 -228 -228 -228 USD Million [+]
Exports 336.90 378 376 376 376 376 USD Million [+]
Imports 605.20 630 630 629 629 629 USD Million [+]
Current Account -356.60 -303 -274 -364 -305 -328 USD Million [+]
Current Account to GDP -8.20 -8.7 -9.43 -10.16 -10.05 -9.47 percent [+]
Remittances 1193.40 1197 1223 1250 1271 1377 USD Million [+]
Gold Reserves 0.47 0.47 0.47 0.47 0.47 0.47 Tonnes [+]
Terrorism Index 2.09 2.18 2.19 2.2 2.2 2.19 [+]
Capital Flows -147.10 -203 -226 -197 -229 -211 USD Million [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 45.30 47.11 45.7 44.29 43.77 43.97 percent [+]
Government Budget -1.60 -1.52 -1.46 -1.41 -1.34 -0.61 percent of GDP [+]
Government Budget Value -225.04 211 236 198 199 201 NIO Million [+]
Government Spending 17291.80 17251 17830 18409 18673 21410 NIO Million [+]
Government Revenues 6382.30 5437 5467 5462 5463 5463 NIO Million [+]
Fiscal Expenditure 5783.77 5367 5382 5384 5382 5381 NIO Million [+]
Military Expenditure 71.40 72.66 68.35 64.05 62.85 59.52 USD Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Industrial Production 15.40 4.22 4.22 4.22 4.22 4.22 percent [+]
Leading Economic Index 5.00 4.83 4.84 4.84 4.84 4.84 percent [+]
Ease of Doing Business 127.00 126 124 123 124 126 [+]
Electricity Production 172.57 129 118 113 110 106 Gigawatt-hour [+]
Corruption Index 26.00 27 27 27 27 28 Points [+]
Corruption Rank 145.00 131 130 128 128 119 [+]
Competitiveness Index 3.81 3.72 3.72 3.72 3.84 3.85 Points [+]
Competitiveness Rank 103.00 112 112 112 97 98 [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Consumer Spending 151107.90 152463 154520 156578 157937 172790 NIO Million [+]
Gasoline Prices 0.91 0.89 0.89 0.89 0.89 0.89 USD/Liter [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 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 [+]