Markets Actual Q2 Q3 Q4 Q1 2022
Currency 35.02 35.19 35.36 35.54 35.72 36.07

Overview Actual Q2 Q3 Q4 Q1 2022
GDP Annual Growth Rate (%) -2.70 8 3 1.7 1.2 1.3
Unemployment Rate (%) 5.40 7.1 7.1 6.9 6.4 6.3
Inflation Rate (%) 3.18 3.2 3.3 3.5 3.8 4.5
Balance of Trade (USD Million) -137.50 -180 -180 -180 -180 -180
Current Account (USD Million) 354.10 -120 -180 -250 -250 -250
Current Account to GDP (%) 6.00 -1.5 -1.5 -1.5 -1.5 -1.4
Government Debt to GDP (%) 57.20 61 61 61 61 59
Government Budget (% of GDP) 0.20 -3 -3 -3 -3 -2.5
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 30.00 30 30 30 30 30

GDP Actual Q2 Q3 Q4 Q1 2022
GDP Annual Growth Rate (%) -2.70 8 3 1.7 1.2 1.3
GDP (USD Billion) 12.52 11.6 11.6 11.6 11.6 12
GDP Constant Prices (NIO Million) 41064.00 42386 41070 44522 38674 39177
GDP per capita (USD) 1763.22 1520 1520 1520 1520 1650
GDP per capita PPP (USD) 5407.10 5300 5300 5300 5300 5490
Gross Fixed Capital Formation (NIO Million) 8025.20 8824 8027 10468 8162 8268
GDP From Agriculture (NIO Million) 3974.00 3125 3788 3880 4042 4094
GDP From Construction (NIO Million) 695.00 736 748 1162 707 716
GDP From Manufacturing (NIO Million) 7069.00 7004 5209 7069 7189 7283
GDP From Mining (NIO Million) 811.00 749 504 622 825 836
GDP From Public Administration (NIO Million) 2758.00 2674 2982 2745 2805 2841
GDP From Services (NIO Million) 4179.00 4241 4384 4231 4250 4305
GDP From Transport (NIO Million) 3270.00 3153 3589 3563 3326 3369

Labour Actual Q2 Q3 Q4 Q1 2022
Unemployment Rate (%) 5.40 7.1 7.1 6.9 6.4 6.3
Wages (NIO Thousands/Month) 10.99 13.6 13.6 13.6 13.6 13.6
Population (Million) 6.67 6.63 6.63 6.71 6.71 6.79

Prices Actual Q2 Q3 Q4 Q1 2022
Inflation Rate (%) 3.18 3.2 3.3 3.5 3.8 4.5
Consumer Price Index CPI (points) 240.03 240 243 256 248 259
Inflation Rate Mom (%) 0.25 0.3 0.4 0.4 0.4 0.4
Food Inflation (%) 5.90 4.5 4.5 4 4 4.1
Core Inflation Rate (%) 2.70 3.1 4.5 5 5 5.6
Cpi Housing Utilities (points) 217.80 229 231 243 232 242
CPI Transportation (points) 194.70 196 190 216 198 207

Money Actual Q2 Q3 Q4 Q1 2022
Deposit Interest Rate (%) 3.07 2.25 2.25 2.25 2.25 2.25
Interest Rate (%) 8.64 7 7 7 7.5 8.75
Foreign Exchange Reserves (USD Million) 3235.60 2550 2550 2550 2550 2550

Trade Actual Q2 Q3 Q4 Q1 2022
Balance of Trade (USD Million) -137.50 -180 -180 -180 -180 -180
Current Account (USD Million) 354.10 -120 -180 -250 -250 -250
Current Account to GDP (%) 6.00 -1.5 -1.5 -1.5 -1.5 -1.4
Imports (USD Million) 541.10 680 680 680 680 680
Exports (USD Million) 403.50 500 500 500 500 500
Remittances (USD Million) 156.10 158 162 162 162 160

Government Actual Q2 Q3 Q4 Q1 2022
Government Debt to GDP (%) 57.20 61 61 61 61 59
Government Budget (% of GDP) 0.20 -3 -3 -3 -3 -2.5
Government Budget Value (NIO Million) -1461.10 193 193 193 193 193
Government Spending (NIO Million) 16119.40 15765 17409 17892 16393 16607
Military Expenditure (USD Million) 81.30 81 81 81 83 83
Government Debt (NIO Million) 274342.90 263000 260000 256000 256000 240000

Taxes Actual Q2 Q3 Q4 Q1 2022
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Sales Tax Rate (%) 15.00 15 15 15 15 15

Business Actual Q2 Q3 Q4 Q1 2022
Leading Economic Index (%) -2.60 4.5 2.8 1.5 1.5 1.5

Consumer Actual Q2 Q3 Q4 Q1 2022
Consumer Spending (NIO Million) 146806.60 143577 158551 159389 149302 151243
Gasoline Prices (USD/Liter) 1.02 0.88 0.84 0.78 0.76 0.72


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.