Nicaragua | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 6.80 6.02 6.27 6.53 6.79 6.78 percent [+]
Inflation Rate 3.10 3.9 4.1 4.2 4.3 5.1 percent [+]
Balance of Trade -212.90 -214 -214 -214 -214 -214 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 29.41 29.9 30.19 30.48 30.78 35.17 [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Annual Growth Rate 4.30 3.9 3.8 4.1 4.2 3.9 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 6.02 6.27 6.53 6.79 6.78 percent [+]
Wages 9.39 9.65 9.78 9.9 10.02 11.48 NIO Thousands/Month [+]
Population 6.26 6.3 6.31 6.33 6.34 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 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 3.10 3.9 4.1 4.2 4.3 5.1 percent [+]
Consumer Price Index CPI 199.60 202 204 206 208 232 Index Points [+]
Producer Prices 227.80 232 234 237 240 274 Index Points [+]
Producer Prices Change -1.60 -2.02 -1.99 -2 -2.01 -2.01 percent [+]
Inflation Rate Mom 0.80 0.55 0.56 0.56 0.56 0.56 percent [+]
Food Inflation -0.70 -1.49 -1.84 -1.97 -2.03 -2.07 percent [+]
Cpi Transportation 165.40 167 168 168 168 168 Index Points [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Money Supply M1 55143.44 55628 57201 58815 60472 84166 NIO Million [+]
Money Supply M2 140021.08 137259 137384 137015 136230 115003 NIO Million [+]
Money Supply M3 142599.27 137826 137643 137462 137281 135157 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 -212.90 -214 -214 -214 -214 -214 USD Million [+]
Exports 396.30 413 414 414 414 414 USD Million [+]
Imports 609.20 625 625 625 625 625 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 -122.20 -155 -164 -255 -158 -202 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 -2931.79 275 286 238 215 228 NIO Million [+]
Government Spending 15280.50 13908 14443 14978 15514 16445 NIO Million [+]
Government Revenues 4837.24 5231 5222 5224 5223 5223 NIO Million [+]
Fiscal Expenditure 7769.03 5215 5394 5379 5378 5375 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 3.30 4.34 4.31 4.31 4.31 4.31 percent [+]
Ease of Doing Business 127.00 124 124 124 124 124 [+]
Electricity Production 22.60 65.8 72.13 75.65 77.61 80.08 Gigawatt-hour [+]
Corruption Index 27.00 26.75 26.55 26.35 26.15 26.73 Points [+]
Corruption Rank 130.00 132 131 130 128 119 [+]
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 0.93 0.92 0.91 0.92 0.92 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. 1/23/2017