Markets Actual Q3 Q4 Q1 Q2 2022
Currency 35.08 35.16 35.24 35.32 35.4 35.57

Overview Actual Q3 Q4 Q1 Q2 2022
GDP Annual Growth Rate (%) 3.40 0.8 1.4 1.2 1.7 2.5
Unemployment Rate (%) 4.90 5.1 5 4.8 4.8 4.6
Inflation Rate (%) 4.12 3.3 3.5 3.8 3 4.5
Balance of Trade (USD Million) -154.10 -180 -180 -180 -180 -180
Current Account (USD Million) 249.30 -180 -250 -250 -250 -250
Current Account to GDP (% of GDP) 7.60 2.3 2.3 2.3 -1.5 -1.5
Government Debt to GDP (% of GDP) 64.80 61 61 61 61 59
Government Budget (% of GDP) -1.00 -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 Q3 Q4 Q1 Q2 2022
GDP Annual Growth Rate (%) 3.40 0.8 1.4 1.2 1.7 2.5
GDP (USD Billion) 12.62 11.6 11.6 11.6 11.6 12
GDP Constant Prices (NIO Million) 44757.00 42565 46476 45294 45518 47638
GDP per capita (USD) 1721.82 1520 1520 1520 1520 1650
GDP per capita PPP (USD) 5280.14 5300 5300 5300 5300 5490
Gross Fixed Capital Formation (NIO Million) 10734.00 8317 10468 10863 10916 11267
GDP From Agriculture (NIO Million) 3209.00 3850 3880 3248 3264 4349
GDP From Construction (NIO Million) 1031.00 770 1162 1043 1049 1235
GDP From Manufacturing (NIO Million) 7729.00 7200 7069 7822 7860 7193
GDP From Mining (NIO Million) 1058.00 964 622 1071 1076 947
GDP From Public Administration (NIO Million) 2770.00 2782 2745 2803 2817 2882
GDP From Services (NIO Million) 5112.00 4603 4231 5173 5199 6060
GDP From Transport (NIO Million) 3044.00 3128 3563 3081 3096 3767

Labour Actual Q3 Q4 Q1 Q2 2022
Unemployment Rate (%) 4.90 5.1 5 4.8 4.8 4.6
Wages (NIO Thousands/Month) 11.00 13.6 13.6 13.6 13.6 13.6
Population (Million) 6.67 6.63 6.71 6.71 6.71 6.79

Prices Actual Q3 Q4 Q1 Q2 2022
Inflation Rate (%) 4.12 3.3 3.5 3.8 3 4.5
Consumer Price Index CPI (points) 245.60 242 256 252 252 259
Inflation Rate Mom (%) 0.35 0.4 0.4 0.4 0.4 0.4
Food Inflation (%) 3.70 4.5 4 4 4 4.1
Core Inflation Rate (%) 4.92 4.5 5 5 5 5.6
Cpi Housing Utilities (points) 227.30 229 243 231 231 242
CPI Transportation (points) 211.40 194 198 212 215 207

Money Actual Q3 Q4 Q1 Q2 2022
Deposit Interest Rate (%) 2.15 2.25 2.25 2.25 2.25 2.25
Interest Rate (%) 9.59 9.5 9.5 9.5 9.5 10
Foreign Exchange Reserves (USD Million) 3214.70 2550 2550 2550 2550 2550

Trade Actual Q3 Q4 Q1 Q2 2022
Balance of Trade (USD Million) -154.10 -180 -180 -180 -180 -180
Current Account (USD Million) 249.30 -180 -250 -250 -250 -250
Current Account to GDP (% of GDP) 7.60 2.3 2.3 2.3 -1.5 -1.5
Imports (USD Million) 580.50 680 680 680 680 680
Exports (USD Million) 610.30 500 500 500 500 500
Remittances (USD Million) 176.60 162 162 162 162 160

Government Actual Q3 Q4 Q1 Q2 2022
Government Debt to GDP (% of GDP) 64.80 61 61 61 61 59
Government Budget (% of GDP) -1.00 -3 -3 -3 -3 -2.5
Government Budget Value (NIO Million) 2.40 193 193 193 193 193
Government Spending (NIO Million) 16637.00 16925 17892 16345 16313 16754
Military Expenditure (USD Million) 78.30 81 81 83 83 83
Government Debt (NIO Million) 311540.30 260000 256000 256000 256000 240000

Taxes Actual Q3 Q4 Q1 Q2 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 Q3 Q4 Q1 Q2 2022
Leading Economic Index (%) 16.70 2.8 1.5 1.5 1.5 1.5

Consumer Actual Q3 Q4 Q1 Q2 2022
Consumer Spending (NIO Million) 147066.30 154147 159389 148862 148568 152583
Gasoline Prices (USD/Liter) 1.09 1.04 0.98 0.93 0.89 0.84


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.