Find updated economic statistics for the Nicaraguan economy. Key economic data, news, analysis, charts and forecasts for Nicaragua.
GDP growth likely decelerated last year as agricultural output was hampered by drought and exports were dragged down by depressed commodity prices and the expiration of a trade agreement with the U.S. Conversely, private consumption and investment remained healthy. Regarding dynamics throughout the year, following Q2’s slump in GDP, higher-frequency indicators point to a pickup in H2. Following Standard & Poor’s (S&P) decision in February to assign a credit rating to Nicaragua for the first time, the country is now rated by all major rating agencies. S&P gave Nicaragua a B+, citing solid economic growth, low public debt and political stability as positive aspects. The agency also highlighted some weaknesses, including low income levels, rigid monetary policy and vulnerability to external shocks.