Markets Actual Q3 Q4 Q1 Q2 2020
Currency 32.64 33.02 33.14 33.27 33.39 33.64
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) -7.70 -3 -2.2 -1 0.3 1.5
Unemployment Rate (%) 6.20 7 7 6.8 6.5 6.5
Inflation Rate (%) 5.63 5.3 5.4 4.5 5 5.3
Balance of Trade (USD Million) -73.60 -195 -190 -190 -190 -180
Current Account (USD Million) -4.00 240 -280 90 120 -300
Current Account to GDP (%) 0.60 -0.2 -0.2 1 1 1
Government Debt to GDP (%) 52.50 55 55 56 56 56
Government Budget (% of GDP) -2.60 -2.5 -2.5 -2.3 -2.3 -2.3
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Corporate Tax Rate (%) 30.00 30 30 30 30 30
GDP Actual Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) -7.70 -3 -2.2 -1 0.3 1.5
GDP (USD Billion) 13.12 14.9 14.9 15.6 15.6 15.6
GDP Constant Prices (NIO Million) 46318.60 43252 42836 43362 45855 43479
GDP per capita (USD) 1860.43 1900 1900 2000 2000 2000
GDP per capita PPP (USD) 4910.00 5700 5700 5900 5900 5900
Gross Fixed Capital Formation (NIO Million) 10667.60 10170 10072 10196 10561 10223
GDP From Agriculture (NIO Million) 4305.20 3769 3733 3779 4262 3789
GDP From Construction (NIO Million) 929.00 1129 1118 1132 920 1135
GDP From Manufacturing (NIO Million) 7044.00 6867 6801 6884 6974 6903
GDP From Mining (NIO Million) 625.00 604 599 606 619 608
GDP From Public Administration (NIO Million) 2686.00 2666 2641 2673 2659 2680
GDP From Services (NIO Million) 5187.00 4110 4070 4120 5135 4131
GDP From Transport (NIO Million) 3747.00 3461 3428 3470 3710 3479
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 6.20 7 7 6.8 6.5 6.5
Wages (NIO Thousands/Month) 10.89 11.18 13 13 13 13.6
Population (Million) 6.39 6.52 6.45 6.51 6.51 6.51
Living Wage Family (NIO/Month) 7510.00 7900 7900 7900 7900 7750
Wages High Skilled (NIO/Month) 13600.00 13082 13082 13082 13082 13092
Wages Low Skilled (NIO/Month) 5400.00 5700 5700 5700 5700 5620
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 5.63 5.3 5.4 4.5 5 5.3
Consumer Price Index CPI (Index Points) 227.30 227 231 233 239 243
Producer Prices (Index Points) 255.80 260 262 262 262 273
Producer Prices Change (%) 0.80 4.7 4 4 4 4.2
Inflation Rate Mom (%) 0.10 0.3 0.4 0.4 0.4 0.5
Food Inflation (%) 4.70 3.6 4.5 4.5 4.5 3.9
Cpi Housing Utilities (Index Points) 211.30 217 219 219 222 230
CPI Transportation (Index Points) 190.40 202 195 199 200 205
Money Actual Q3 Q4 Q1 Q2 2020
Deposit Interest Rate (%) 1.25 2 2 2.25 2.25 2.25
Foreign Exchange Reserves (USD Million) 2147.00 2450 2400 2400 2400 2550
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (USD Million) -73.60 -195 -190 -190 -190 -180
Current Account (USD Million) -4.00 240 -280 90 120 -300
Current Account to GDP (%) 0.60 -0.2 -0.2 1 1 1
Exports (USD Million) 439.80 470 475 475 475 500
Imports (USD Million) 513.40 665 665 665 665 680
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 52.50 55 55 56 56 56
Government Budget (% of GDP) -2.60 -2.5 -2.5 -2.3 -2.3 -2.3
Government Spending (NIO Million) 15389.60 17382 17215 17426 15236 17473
Government Debt (NIO Million) 222601.50 275000 260000 260000 260000 265000
Taxes Actual Q3 Q4 Q1 Q2 2020
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Sales Tax Rate (%) 15.00 15 15 15 15 15
Business Actual Q3 Q4 Q1 Q2 2020
Leading Economic Index (%) -7.50 -3.2 -2 -2 -2 2.4
Consumer Actual Q3 Q4 Q1 Q2 2020
Consumer Spending (NIO Million) 154414.30 154842 153353 155234 152870 155653
Gasoline Prices (USD/Liter) 0.96 0.87 0.85 0.83 0.86 0.83


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.