Nicaragua: Economic Activity Up 5%

In November, annual growth of economic activity was explained for a third consecutive month by the activities of fishing and aquaculture, and agriculture.

Wednesday, January 24, 2018



Al December 31st, 2017  

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From a report by the Central Bank of Nicaragua:

In November, the monthly economic activity index (IMAE) registered an increase of 5.0 percent compared to the same month in 2016.  The average annual variation was 4.6 percent and the accumulated growth in the January-November period was 4.7 percent.  Click to interact with graphClick to interact with graph

The underlying variation of the IMAE, estimated with the cycle trend series, recorded a year-on-year growth of 3.7 percent.  For its part, the seasonally adjusted IMAE series grew 0.9 percent in relation to October 2017. 

The activities with the highest growth were: fishing and aquaculture, 31.7 percent; agriculture, 23.1 percent; transportation and communications, 13.5 percent; hotels and restaurants, 9.0 percent; livestock, 8.5 percent; financial intermediation and related services, 7.5 percent; energy and water, 6.8 percent; and commerce, 5.0 percent. 

See full report (in Spanish). 

More on this topic

Nicaragua: Economic Activity Continues to Slow Down

June 2018

In April, the IMAE registered an interannual increase of 1.6% compared to the same month in 2017, below the average rate of 2.9% reported in the first three months of the year.

From a report by the Central Bank of Nicaragua:

In April, the monthly index of economic activity (IMAE) registered a variation of 1.6 percent in relation to the same month in the previous year. Average annual growth was 3.5 percent and the cumulative variation up to the month of April was 2.7 percent.

Nicaragua Grew by 5.2% in 2012

March 2013

For the second consecutive year, the Nicaraguan economy has grown by more than 5%, maintaining the impetus registrated for 2011, when it grew by 5.4%.

The recent history of Nicaragua's economy is marked by ups and downs, averaging annual growth figures of 4%.

In presenting the macroeconomic statistics for 2012, authorities from the Central Bank of Nicaragua highlighted a record $2.677 billion in exports which is 18.3% greater than that achieved in 2011, an increase in foreign investment, which totaled $1.102 billion , and the contribution of remittances, which totaled $1.114 billion.

Panama's Economy Growing at Double-Digits

September 2011

During the second quarter of 2011, Panama's economic growth was 11.4%, reaching 10.3% during the first six months of the year.

A statement from the Panamanian Ministry of Economy and Finance reads:

Panama's economic growth for the second quarter of 2011 was 11.4% and in the first half was 10.3%, as reported by the minister of Economy and Finance, Frank De Lima, citing figures from the Controller General of the Republic.

Panama's Economy Grew at an Average 6.3%

March 2011

Over the past 14 years, taking into account the 7.5% growth of 2010, the economy has grown at an average rate of 6.3%.

In the past five years the growth rate has been 8.3%, according to a report by the Ministry of Economy and Finance. In 2009 Panama's economy grew 3.2% while growth in 2010 doubled to 7.5%.

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