Nicaragua recorded a Current Account surplus of 7.60 percent of the country's Gross Domestic Product in 2020. source: Consejo Monetario Centroamericanono

Current Account to GDP in Nicaragua averaged -14.21 percent from 1960 until 2020, reaching an all time high of 13.60 percent in 1979 and a record low of -63 percent in 1992. This page provides - Nicaragua Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nicaragua Current Account to GDP - values, historical data and charts - was last updated on June of 2022.

Current Account to GDP in Nicaragua is expected to reach 2.30 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nicaragua Current Account to GDP is projected to trend around -1.50 percent in 2022 and -3.20 percent in 2023, according to our econometric models.

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Nicaragua Current Account to GDP



Related Last Previous Unit Reference
Balance of Trade -105.40 -180.30 USD Million Dec 2021
Current Account to GDP 7.60 6.00 percent of GDP Dec 2020
Imports 689.60 751.10 USD Million Dec 2021
Exports 584.20 570.80 USD Million Dec 2021

Nicaragua Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
7.60 6.00 13.60 -63.00 1960 - 2020 percent of GDP Yearly