Markets Actual Q2 Q3 Q4 Q1 2020
Currency 32.85 32.89 33.05 33.21 33.37 33.7
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Annual Growth Rate (%) -7.70 -5 -3 -2.2 -1 1.5
Unemployment Rate (%) 6.20 7 7 7 6.8 6.5
Inflation Rate (%) 5.77 6 5.3 5.4 4.5 5.3
Balance of Trade (USD Million) -151.90 -195 -195 -190 -190 -180
Current Account (USD Million) -4.00 20 240 -280 90 -300
Current Account to GDP (%) 0.60 -0.2 -0.2 -0.2 1 1
Government Debt to GDP (%) 52.50 55 55 55 56 56
Government Budget (% of GDP) -2.60 -2.5 -2.5 -2.5 -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 Q2 Q3 Q4 Q1 2020
GDP Annual Growth Rate (%) -7.70 -5 -3 -2.2 -1 1.5
GDP (USD Billion) 13.81 14.9 14.9 14.9 15.6 15.6
GDP Constant Prices (NIO Million) 46318.60 41338 43412 45300 45855 45979
GDP per capita (USD) 2016.32 2200 2200 2200 2350 2350
GDP per capita PPP (USD) 5321.44 5700 5700 5700 5900 5900
Gross Fixed Capital Formation (NIO Million) 10667.60 10484 9206 10433 10561 10589
GDP From Agriculture (NIO Million) 4305.20 2902 3463 4210 4262 4274
GDP From Construction (NIO Million) 929.00 1046 1116 909 920 922
GDP From Manufacturing (NIO Million) 7044.00 5706 7053 6889 6974 6992
GDP From Mining (NIO Million) 625.00 617 628 611 619 620
GDP From Public Administration (NIO Million) 2686.00 2609 2640 2627 2659 2666
GDP From Services (NIO Million) 5187.00 4373 4085 5073 5135 5149
GDP From Transport (NIO Million) 3747.00 3959 3684 3665 3710 3720
Labour Actual Q2 Q3 Q4 Q1 2020
Unemployment Rate (%) 6.20 7 7 7 6.8 6.5
Wages (NIO Thousands/Month) 10.88 11.18 11.31 13 13 13.6
Population (Million) 6.39 6.52 6.52 6.45 6.51 6.51
Living Wage Family (NIO/Month) 7510.00 7900 7900 7900 7900 7750
Wages High Skilled (NIO/Month) 13600.00 13227 13082 13082 13082 13092
Wages Low Skilled (NIO/Month) 5400.00 5700 5700 5700 5700 5620
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 5.77 6 5.3 5.4 4.5 5.3
Consumer Price Index CPI (Index Points) 225.30 228 227 231 233 243
Producer Prices (Index Points) 251.80 266 260 262 262 273
Producer Prices Change (%) 3.00 5.4 4.7 4 4 4.2
Inflation Rate Mom (%) 1.00 0.3 0.4 0.4 0.4 0.5
Food Inflation (%) 4.50 3 3.6 4.5 4.5 3.9
Cpi Housing Utilities (Index Points) 210.80 211 217 219 219 230
CPI Transportation (Index Points) 192.90 197 202 195 199 205
Money Actual Q2 Q3 Q4 Q1 2020
Deposit Interest Rate (%) 1.25 2 2 2 2.25 2.25
Foreign Exchange Reserves (USD Million) 2147.00 2350 2450 2400 2400 2550
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (USD Million) -151.90 -195 -195 -190 -190 -180
Current Account (USD Million) -4.00 20 240 -280 90 -300
Current Account to GDP (%) 0.60 -0.2 -0.2 -0.2 1 1
Exports (USD Million) 425.40 475 470 475 475 500
Imports (USD Million) 577.30 670 665 665 665 680
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 52.50 55 55 55 56 56
Government Budget (% of GDP) -2.60 -2.5 -2.5 -2.5 -2.3 -2.3
Government Spending (NIO Million) 15389.60 17162 17338 15051 15236 15277
Government Debt (NIO Million) 221086.70 265000 275000 260000 260000 265000
Taxes Actual Q2 Q3 Q4 Q1 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 Q2 Q3 Q4 Q1 2020
Leading Economic Index (%) -7.50 -3.6 -3.2 -2 -2 2.4
Consumer Actual Q2 Q3 Q4 Q1 2020
Consumer Spending (NIO Million) 154414.30 152882 154450 151017 152870 153282
Gasoline Prices (USD/Liter) 1.05 0.89 0.87 0.85 0.83 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.