Wages in Nicaragua increased to 10.88 NIO Thousands/Month in October from 10.86 NIO Thousands/Month in September of 2018. Wages in Nicaragua averaged 4.98 NIO Thousands/Month from 1994 until 2018, reaching an all time high of 10.88 NIO Thousands/Month in October of 2018 and a record low of 1.15 NIO Thousands/Month in February of 1994.
Wages in Nicaragua is expected to be 12.00 NIO Thousands/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Nicaragua to stand at 13.00 in 12 months time. In the long-term, the Nicaragua Wages is projected to trend around 13.60 NIO Thousands/Month in 2020, according to our econometric models.