Nicaragua’s current account deficit narrowed to USD 4.0 million in the fourth quarter of 2018 from USD 431.7 million in the same period of the previous year. It was the smallest trade gap on record, as the goods shortfall fell to USD 467.8 million from USD 876.5 million in the last quarter of 2017. Also, the primary income gap decreased to USD 59.0 million from USD 82.4 million and the secondary income surplus widened to USD 418.9 million from USD 402.5 million. Meanwhile, the services surplus declined to USD 103.9 million from USD 124.7 million. Considering full 2018, the country’s current account recorded a USD 83.0 million surplus compared to a USD 675.1 million deficit in 2017. Current Account in Nicaragua averaged -214.91 USD Million from 1990 until 2018, reaching an all time high of 139.90 USD Million in the third quarter of 2018 and a record low of -448 USD Million in the fourth quarter of 2007.

Current Account in Nicaragua is expected to be 20.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Nicaragua to stand at 90.00 in 12 months time. In the long-term, the Nicaragua Current Account is projected to trend around -340.00 USD Million in 2020, according to our econometric models.

Nicaragua Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-07-04 05:05 PM Current Account Q1 $27.9M $-445.1M $ -200M
2018-10-25 11:00 PM Current Account Q2 $-73.1M $21.3M $ -150M
2019-01-07 09:00 PM Current Account Q3 $191.7M $-10.5M $ -240M
2019-04-05 03:00 PM Current Account Q4 $-4.0M $139.9M $ -100M
2019-07-26 10:00 PM Current Account Q1 $-4.0M $ 65M
2019-10-04 11:00 PM Current Account Q2 $ 20M
2019-12-27 10:00 PM Current Account Q3 $ 240M


Nicaragua Trade Last Previous Highest Lowest Unit
Balance of Trade -73.60 -99.90 -15.80 -370.40 USD Million [+]
Current Account -4.00 139.90 139.90 -448.00 USD Million [+]
Current Account to GDP 0.60 -4.90 13.60 -63.00 percent [+]
Exports 439.80 434.30 538.50 10.50 USD Million [+]
Imports 513.40 534.20 744.50 53.00 USD Million [+]
Remittances 144.00 134.50 149.50 19.80 USD Million [+]
Terrorism Index 0.75 1.44 2.93 0.00 [+]
Capital Flows -6.50 -148.90 2373.40 -602.90 USD Million [+]
External Debt 11653.80 11666.60 11822.70 5785.90 USD Million [+]
Foreign Direct Investment 19.60 59.40 443.50 19.60 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Nicaragua Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Nicaragua Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nicaragua Current Account - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-4.00 139.90 139.90 -448.00 1990 - 2018 USD Million Quarterly




Country Last Previous
Argentina -3849.43 Mar/19
Australia -2900.00 Mar/19
Brazil 662.00 May/19
Canada -17347.00 Mar/19
China 490.00 Mar/19
Euro Area 13.32 May/19
France 343.00 May/19
Germany 16500.00 May/19
India -4600.00 Mar/19
Indonesia -6966.00 Mar/19
Italy 2599.00 May/19
Japan 1594.84 May/19
Mexico -5634.10 Mar/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 20296.50 Mar/19
South Africa -142495.00 Mar/19
South Korea 4949.40 May/19
Spain -413.00 Apr/19
Switzerland 17215.95 Mar/19
Turkey 151.00 May/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


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