Markets Actual Q3 Q4 Q1 Q2 2021
Currency 34.56 34.73 34.91 35.08 35.26 35.61

Overview Actual Q3 Q4 Q1 Q2 2021
GDP Annual Growth Rate (%) 1.80 -6.5 -5.9 -2.2 -1.5 0.8
Unemployment Rate (%) 4.80 7 7.5 7.3 7.1 6.9
Inflation Rate (%) 3.62 2.9 2.7 3 3.2 3.5
Balance of Trade (USD Million) -116.20 -190 -180 -180 -180 -180
Current Account (USD Million) 194.80 120 -300 -300 -300 -340
Current Account to GDP (%) 0.60 1 1 -1.5 -1.5 -1.5
Government Debt to GDP (%) 52.50 59 59 57 57 57
Government Budget (% of GDP) -2.60 -4 -4 -3 -3 -3
Corporate Tax Rate (%) 30.00 30 30 30 30 30
Personal Income Tax Rate (%) 30.00 30 30 30 30 30

GDP Actual Q3 Q4 Q1 Q2 2021
GDP Annual Growth Rate (%) 1.80 -6.5 -5.9 -2.2 -1.5 0.8
GDP (USD Billion) 12.52 11.4 11.4 11.6 11.6 11.6
GDP Constant Prices (NIO Million) 43200.00 160676 161707 168065 169268 163001
GDP per capita (USD) 1763.22 1610 1610 1520 1520 1520
GDP per capita PPP (USD) 5407.10 5150 5150 5300 5300 5300
Gross Fixed Capital Formation (NIO Million) 10667.60 9974 10038 10433 10508 10119
GDP From Agriculture (NIO Million) 3152.30 4025 4051 4210 4241 4084
GDP From Construction (NIO Million) 711.00 869 874 909 915 881
GDP From Manufacturing (NIO Million) 7277.00 6586 6628 6889 6938 6681
GDP From Mining (NIO Million) 766.00 584 588 611 616 593
GDP From Public Administration (NIO Million) 2734.00 2511 2528 2627 2646 2548
GDP From Services (NIO Million) 4336.00 4850 4881 5073 5109 4920
GDP From Transport (NIO Million) 3224.00 3503 3526 3665 3691 3554

Labour Actual Q3 Q4 Q1 Q2 2021
Unemployment Rate (%) 4.80 7 7.5 7.3 7.1 6.9
Wages (NIO Thousands/Month) 10.89 13 13.6 13.6 13.6 13.6
Population (Million) 6.54 6.61 6.63 6.63 6.63 6.71

Prices Actual Q3 Q4 Q1 Q2 2021
Inflation Rate (%) 3.62 2.9 2.7 3 3.2 3.5
Consumer Price Index CPI (points) 235.50 234 239 240 243 247
Producer Prices (points) 255.80 262 263 263 263 272
Producer Prices Change (%) 0.80 2.6 3 3 3 3.4
Inflation Rate Mom (%) 0.80 0.3 0.5 0.5 0.3 0.4
Food Inflation (%) 4.30 4.5 4.1 4.3 4.1 4.1
Core Inflation Rate (%) 2.90 3.5 3.7 3.9 4.1 5
Cpi Housing Utilities (points) 223.40 220 226 229 231 234
CPI Transportation (points) 184.00 198 200 196 190 207

Money Actual Q3 Q4 Q1 Q2 2021
Deposit Interest Rate (%) 3.07 2.25 2.25 2.25 2.25 2.25
Interest Rate (%) 10.00 9.8 9.5 10 10.2 10.3
Foreign Exchange Reserves (USD Million) 2669.50 2400 2550 2550 2550 2550

Trade Actual Q3 Q4 Q1 Q2 2021
Balance of Trade (USD Million) -116.20 -190 -180 -180 -180 -180
Current Account (USD Million) 194.80 120 -300 -300 -300 -340
Current Account to GDP (%) 0.60 1 1 -1.5 -1.5 -1.5
Imports (USD Million) 576.10 665 680 680 680 680
Exports (USD Million) 459.90 475 500 500 500 500
Remittances (USD Million) 134.30 143 160 160 160 126

Government Actual Q3 Q4 Q1 Q2 2021
Government Debt to GDP (%) 52.50 59 59 57 57 57
Government Budget (% of GDP) -2.60 -4 -4 -3 -3 -3
Government Budget Value (NIO Million) -303.08 199 193 193 193 193
Government Spending (NIO Million) 16119.40 14389 15168 15765 15878 15290
Military Expenditure (USD Million) 81.30 88 88 88 88 86
Government Debt (USD Million) 7304.10 7600 7800 8100 8300 8700

Taxes Actual Q3 Q4 Q1 Q2 2021
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 Q3 Q4 Q1 Q2 2021
Leading Economic Index (%) -9.50 -0.5 0.4 0.7 0.7 1.5

Consumer Actual Q3 Q4 Q1 Q2 2021
Consumer Spending (NIO Million) 146806.60 144377 138145 143577 144605 139250
Gasoline Prices (USD/Liter) 0.87 0.74 0.7 0.67 0.64 0.6


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.