Nicaragua’s current account deficit narrowed to USD 73.1 million in the second quarter of 2018 from USD 95.5 million in the corresponding period of the previous year, as the primary income gap narrowed to USD 61.6 million from USD 110.8 million and the goods shortfall narrowed to USD 524.7 million from USD 536.3 million. Meantime, the secondary income surplus widened to USD 426.2 million from USD 390.7 million. In contrast, the services surplus narrowed to USD 87.0 from USD 160.9 million. Current Account in Nicaragua averaged -221.22 USD Million from 1990 until 2018, reaching an all time high of 21.30 USD Million in the first quarter of 2018 and a record low of -448 USD Million in the fourth quarter of 2007.

Current Account in Nicaragua is expected to be -400.00 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 -160.00 in 12 months time. In the long-term, the Nicaragua Current Account is projected to trend around -420.00 USD Million in 2020, according to our econometric models.

Nicaragua Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-01-04 09:00 PM Current Account $-252.5M $-87.7M $ -119.5M
2018-04-03 11:00 PM Current Account $-445.1M $-155.2M $ -170.1M
2018-07-04 05:05 PM Current Account $27.9M $-445.1M $ -200M
2018-10-25 11:00 PM Current Account $-73.1M $21.3M $ -150M
2018-12-28 10:00 PM Current Account $-73.1M $ -240M
2019-01-04 09:00 PM Current Account
2019-04-03 11:00 PM Current Account $ -400M


Nicaragua Trade Last Previous Highest Lowest Unit
Balance of Trade -127.00 -199.60 -15.80 -370.40 USD Million [+]
Current Account -73.10 21.30 21.30 -448.00 USD Million [+]
Current Account to GDP -5.00 -7.50 13.60 -63.00 percent [+]
Exports 380.90 465.40 538.50 10.50 USD Million [+]
Imports 507.90 665.00 744.50 53.00 USD Million [+]
Remittances 121.70 126.70 136.70 19.80 USD Million [+]
Terrorism Index 1.44 2.09 2.93 0.00 [+]
Capital Flows -67.60 -124.40 2373.40 -602.90 USD Million [+]
External Debt 11728.00 11563.20 11728.00 5785.90 USD Million [+]
Foreign Direct Investment 10.70 406.20 443.50 10.70 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-73.10 21.30 21.30 -448.00 1990 - 2018 USD Million Quarterly




Country Last Previous
Argentina -8292.00 Jun/18
Australia -10688.00 Sep/18
Brazil 329.00 Oct/18
Canada -10343.00 Sep/18
China 160.00 Sep/18
Euro Area 24.07 Sep/18
France -684.00 Oct/18
Germany 15900.00 Oct/18
India -19100.00 Sep/18
Indonesia -8846.10 Sep/18
Italy 3154.00 Sep/18
Japan 1309.90 Oct/18
Mexico -5081.50 Sep/18
Netherlands 16769.50 Jun/18
Russia 26400.00 Sep/18
Saudi Arabia 19181.00 Jun/18
Singapore 23400.20 Sep/18
South Africa -176577.00 Sep/18
South Korea 9190.00 Oct/18
Spain 899.00 Sep/18
Switzerland 22143.83 Jun/18
Turkey 2770.00 Oct/18
United Kingdom -20317.00 Jun/18
United States -101460.00 Jun/18


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