Nicaragua GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Nicaragua expanded 2.90 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Nicaragua is reported by the Banco Central de Nicaragua. GDP Annual Growth Rate in Nicaragua averaged 3.98 Percent from 1995 until 2013, reaching an all time high of 10.90 Percent in the fourth quarter of 1999 and a record low of -5.40 Percent in the second quarter of 2009. Nicaragua has the lowest GDP per capita in Central America. Nicaragua is an agricultural economy with 50 percent of population living under poverty line. The textile and apparel industry is responsible for most of the recent investment in the country. Tourism accounting already for 17 percent of GDP has been steadily growing in recent years. This page provides - Nicaragua GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
2.90 4.90 10.90 -5.40 10.89 | 2014/06 1995 - 2013 Percent Quarterly

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Nicaragua GDP Annual Growth Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-03-22 09:00 PM Nicaragua
GDP Growth Rate YoY
Q4 2012 7.4% 5.2%
2013-09-30 04:50 PM Nicaragua
GDP Growth Rate YoY
Q2 2013 7.5% 3.6% 5%
2013-12-30 10:00 PM Nicaragua
GDP Growth Rate YoY
Q3 2013 12.4% 7.5% 8.36%
2014-04-01 04:00 PM Nicaragua
GDP Growth Rate YoY
Q4 2013 2.9% 4.9% (R) 8.97%
2014-06-30 11:00 PM Nicaragua
GDP Growth Rate YoY
Q1 2014 2.9% 10.92%
2014-09-30 11:00 PM Nicaragua
GDP Growth Rate YoY
Q2 2014 10.89%
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GDP Last Previous Highest Lowest Forecast Unit
GDP 10.51 2012-12-31 9.64 10.51 0.23 11.96 2014-06-30 USD Billion [+]
GDP Annual Growth Rate 2.90 2013-12-31 4.90 10.90 -5.40 10.89 2014-06-30 Percent [+]
GDP per capita 1349.89 2012-12-31 1301.92 2108.86 869.83 1422.26 2014-06-30 USD [+]
GDP per capita PPP 3509.50 2012-12-31 3384.79 3643.04 2261.43 3697.64 2014-06-30 USD [+]
GDP Constant Prices 146451.30 2012-06-29 139206.30 146451.30 72432.50 161283.49 2014-06-30 NIO Million [+]
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GDP Annual Growth Rate | Notes
The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment.


RELATED NEWS

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.
Nicaragua Consumer Spending at 127241.40 NIO Million  
Consumer Spending in Nicaragua increased to 127241.40 NIO Million in 2012 from 121572.70 NIO Million in 2011. Consumer Spending in Nicaragua is reported by the Banco Central De Nicaragua.
Nicaragua GDP Constant Prices at 146451.30 NIO Million  
GDP Constant Prices in Nicaragua increased to 146451.30 NIO Million in 2012 from 139206.30 NIO Million in 2011. GDP Constant Prices in Nicaragua is reported by the Banco Central De Nicaragua.
Nicaragua Government Budget Value at -417.84 NIO Million  
Nicaragua recorded a government budget deficit of 417.84 NIO Million in January of 2014. Government Budget Value in Nicaragua is reported by the Banco Central De Nicaragua.
Nicaragua Government Spending at 16036.60 NIO Million  
Government Spending in Nicaragua increased to 16036.60 NIO Million in 2012 from 14843.70 NIO Million in 2011. Government Spending 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 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 Inflation Rate at 5.10 Percent  
The inflation rate in Nicaragua was recorded at 5.10 percent in March of 2014. Inflation Rate in Nicaragua is reported by the Consejo Monetario Centroamericano.
Nicaragua GDP Annual Growth Rate at 2.90 Percent  
The Gross Domestic Product (GDP) in Nicaragua expanded 2.90 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Nicaragua is reported by the Banco Central de Nicaragua.
Nicaragua Current Account at -329.90 USD Million  
Nicaragua recorded a Current Account deficit of 329.90 USD Million in the fourth quarter of 2013. Current Account in Nicaragua is reported by the Banco Central De Nicaragua.
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