At the end of the year the Nicaraguan economy could achieve a growth of 4.6%, a tenth less than in 2016, continuing the process of deceleration seen over the last two years.
From a report by Funides:
The Nicaraguan Foundation for Economic and Social Development (FUNIDES) presents its second Economic Situation Report for 2017, showing that economic growth for 2017 will be 4.6 percent, one tenth lower than last year, continuing the process of deceleration seen in the last two years.
Stagnation in private investment has been attributed to a 26.7% reduction in the number of homes completed up to March 2014 compared to the same month last year.
The decrease in investment in the sector seems to be the main reason behind the stagnation showing in construction activities in the country, one of the main drivers of the economy.
"...Official data indicates that the growth of the overall investment was 1.6% in the first quarter of 2014. However the private sector barely grew 0.5%. A total "stagnation" is recognized by the Nicaraguan Chamber of Construction (CNC) and the Nicaraguan Foundation for Economic and Social Development (Funides). "
A slowdown in the pace of economic activity in the country and loss of dynamism in private investment has been indicated.
Economic Situation of the second quarter of the year, prepared by the Nicaraguan Foundation for Economic Development:
The Nicaraguan Foundation for Economic and Social Development (FUNIDES) presents its second report on economic conditions in 2014, which states that in the first 4 months of this year, the economy experienced a mild slowdown. According to the 12-month average variation of the Monthly Index of Economic Activity (IMEA), growth which had been over 5 percent since April 2013, fell to 4.8 percent in April, largely due to the earthquakes in that month.
The economy grew by 4.6% in 2013, driven by private consumption, exports and government spending.
The greater optimism envisioned by entrepreneurs for the future of the economy validates the results achieved in 2013, according to the Economic Situation report by the Foundation for Economic and Social Development (Funides).
Funides report:
The economy grew for the third consecutive year at high rates.