Nicaragua: Economic Activity Up 5% in 2017

In December of last year, year-on-year growth of economic activity was 5.3%, explained for a fourth consecutive month by fishing and aquaculture activities, and agriculture.

Monday, February 19, 2018



Al December 31st, 2017  

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From a report by the Central Bank of Nicaragua:

The BCN issued on February 16, 2018 the Monthly Index on Economic Activity (IMAE) report for the month of December 2017. The report shows that the IMAE grew by 5.3 percent in relation to December 2016, with an average annual variation, which in December coincides with the cumulative variation of 4.8 percent. Click to interact with graphClick to interact with graph

The underlying variation of the IMAE, estimated with the trend cycle series, registered a year-on-year variation of 4.9 percent. Meanwhile, the seasonally adjusted IMAE series grew by 1.4 percent, compared to November 2017.

The BCN notes in the report that the activities with the greatest dynamism were: agriculture, 27.0 percent; fishing and aquaculture, 20.3 percent; manufacturing industry, 8.6 percent; hotels and restaurants, 6.6 percent; financial intermediation and related services, 6.4 percent; and commerce, 4.8 percent. 

In the primary activities, growth recorded by the aforementioned activities was mitigated by a decrease in the production of mining and quarrying, livestock and forestry, and wood extraction.

In the manufacturing industry, there was growth in the production of sugar, tobacco products, wood products and furniture, among other things. 

For its part, in services there were increases in business activities, health, education, transport and communications, and public administration and defense, mainly.

See full report (in Spanish). 

More on this topic

Nicaragua: Economic Activity Up 4%

March 2018

At the end of the first month of the year, economic activity recorded an interannual variation of 4%, which was explained by the performance of fishing and agricultural activities.

From a report by the Central Bank of Nicaragua:

The Monthly Index of Economic Activity (IMAE) reflected growth of 4.0 percent in relation to January 2017, with an average annual variation of 4.6 percent, as inferred from the report published by the Central Bank of Nicaragua (BCN) on the 23rd. March 2018 [GRAFICA caption = "Click to interact with graph"]

Nicaragua: Economic Activity Up 5%

January 2018

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

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.  [GRAFICA caption = "Click to interact with graph"]

Nicaragua: Economic Activity Up 4.9%

October 2017

In August year-on-year growth in economic activity was driven by fishing and aquaculture, and construction.

From a report by the Central Bank of Nicaragua:

In August, the monthly index of economic activity (IMAE) grew 4.9 percent compared to August 2016.  The average annual variation was 4.7 percent, and the accumulated growth in the January-August period showed a result of 5.3 percent. [GRAFICA caption = "Click to interact with graphics"]

Nicaragua: Economic Activity Up 4.9% up to April 2017

June 2017

In April, the monthly index of economic activity registered a year-on-year growth of 4.9%, slightly lower than the variation of 6.9% registered in the same month in 2016.

From a report by the Central Bank of Nicaragua:

In April, the monthly index of economic activity (IMAE) grew by 4.9 percent compared to April 2016. Meanwhile, the annual average variation was 4.9 percent and accumulated growth in the January-April period resulted in 5.4 percent. [GRAFICA caption = "Click to interact with graphics"]

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