Markets Actual Q2 Q3 Q4 Q1 2022
Currency 34.85 35.25 35.42 35.6 35.78 36.14

Overview Actual Q2 Q3 Q4 Q1 2022
GDP Annual Growth Rate (%) -1.90 5 0.8 1.4 1.2 2.5
Unemployment Rate (%) 5.40 7.1 7.1 6.9 6.4 6.3
Inflation Rate (%) 4.11 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) 137.90 -120 -180 -250 -250 -250
Current Account to GDP (%) 7.60 2.3 2.3 2.3 -1.5 -1.5
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 (%) -1.90 5 0.8 1.4 1.2 2.5
GDP (USD Billion) 12.52 11.6 11.6 11.6 11.6 12
GDP Constant Prices (NIO Million) 45834.00 40451 42565 46476 46384 47638
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 7804 8089 8138 8122 8341
GDP From Agriculture (NIO Million) 3964.00 3682 4006 4030 4022 4130
GDP From Construction (NIO Million) 1188.00 728 701 705 703 722
GDP From Manufacturing (NIO Million) 6935.00 5064 7126 7168 7154 7347
GDP From Mining (NIO Million) 911.00 490 817 822 821 843
GDP From Public Administration (NIO Million) 2773.00 2899 2780 2797 2791 2867
GDP From Services (NIO Million) 5831.00 4262 4212 4238 4229 4343
GDP From Transport (NIO Million) 3624.00 3489 3296 3316 3309 3399

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 (%) 4.11 3.2 3.3 3.5 3.8 4.5
Consumer Price Index CPI (points) 242.60 240 243 256 248 259
Inflation Rate Mom (%) 0.23 0.3 0.4 0.4 0.4 0.4
Food Inflation (%) 5.50 4.5 4.5 4 4 4.1
Core Inflation Rate (%) 3.40 3.1 4.5 5 5 5.6
Cpi Housing Utilities (points) 222.30 229 231 243 232 242
CPI Transportation (points) 204.70 196 190 216 198 207

Money Actual Q2 Q3 Q4 Q1 2022
Deposit Interest Rate (%) 2.15 2.25 2.25 2.25 2.25 2.25
Interest Rate (%) 9.51 7 7 7 7.5 8.75
Foreign Exchange Reserves (USD Million) 3258.60 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) 137.90 -120 -180 -250 -250 -250
Current Account to GDP (%) 7.60 2.3 2.3 2.3 -1.5 -1.5
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 16925 16248 16345 16313 16754
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 154147 147981 148862 148568 152583
Gasoline Prices (USD/Liter) 1.05 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.