Nicaragua’s current account shifted to a USD 194.8 million surplus in the first quarter of 2019 from USD 8.6 million deficit in the same period of the previous year. It was the largest current account surplus on record, as the goods shortfall narrowed to USD 241.6 million from USD 451.8 million a year earlier. Also, the primary income gap fell to USD 68.2 million from USD 112.3 million and the secondary income surplus widened to USD 395.8 million from USD 386.3 million. Meanwhile, the services surplus decreased to USD 108.8 million from USD 172.1 million in the corresponding period of 2018. Current Account in Nicaragua averaged -211.41 USD Million from 1990 until 2019, reaching an all time high of 194.80 USD Million in the first quarter of 2019 and a record low of -448 USD Million in the fourth quarter of 2007.

Current Account in Nicaragua is expected to be 240.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Nicaragua to stand at 120.00 in 12 months time. In the long-term, the Nicaragua Current Account is projected to trend around -340.00 USD Million in 2020, according to our econometric models.

Nicaragua Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-25 11:00 PM Current Account Q2 $-73.1M $21.3M $ -150M
2019-01-07 09:00 PM Current Account Q3 $191.7M $-10.5M $ -240M
2019-04-05 03:00 PM Current Account Q4 $-4.0M $139.9M $ -100M
2019-07-25 03:00 PM Current Account Q1 $194.8M $-4.0M $ 65M
2019-10-04 11:00 PM Current Account Q2 $194.8M $ 20M
2019-12-27 10:00 PM Current Account Q3 $ 240M


Nicaragua Trade Last Previous Highest Lowest Unit
Balance of Trade -73.60 -99.90 -15.80 -370.40 USD Million [+]
Current Account 194.80 -4.00 194.80 -448.00 USD Million [+]
Current Account to GDP 0.60 -4.90 13.60 -63.00 percent [+]
Exports 439.80 434.30 538.50 10.50 USD Million [+]
Imports 513.40 534.20 744.50 53.00 USD Million [+]
Remittances 134.30 144.00 149.50 19.80 USD Million [+]
Terrorism Index 0.75 1.44 2.93 0.00 [+]
Capital Flows 110.10 159.20 2373.40 -602.90 USD Million [+]
External Debt 11653.80 11666.60 11822.70 5785.90 USD Million [+]
Foreign Direct Investment 123.00 45.70 443.50 45.70 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Nicaragua Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Nicaragua Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nicaragua Current Account - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
194.80 -4.00 194.80 -448.00 1990 - 2019 USD Million Quarterly




Country Last Previous
Argentina -3849.43 Mar/19
Australia 5853.00 Jun/19
Brazil -9034.90 Jul/19
Canada -6380.00 Jun/19
China 570.00 Jun/19
Euro Area 23.09 Jun/19
France 173.00 Jul/19
Germany 22100.00 Jul/19
India -4600.00 Mar/19
Indonesia -8442.80 Jun/19
Italy 5046.60 Jun/19
Japan 1999.92 Jul/19
Mexico 5142.70 Jun/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 21497.50 Jun/19
South Africa -204100.00 Jun/19
South Korea 6949.40 Jul/19
Spain 2050.00 Jun/19
Switzerland 17215.95 Mar/19
Turkey 1158.00 Jul/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


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