Nicaragua: Economic Situation Report Fourth Quarter

The report highlights that the economic slowdown that had been observed in the year seems to have stopped in September and that the pace of overall economic activity exceeds that of other countries in the region.  

Thursday, December 11, 2014

From a statement issued by the Nicaraguan Foundation for Economic and Social Development (FUNIDES):

FUNIDES notes that during 2014, economic activity, measured by the Monthly Economic Activity Index (IMAE) has been declining, leading to this year closing with less than last year's growth. The IMAE decreased from 4.7% in January to 3.7% in September, the last month for which data is available. But this slowdown seems to have stopped in September. Despite this economic activity is relatively high when compared with other Central American countries.

On the supply side, growth was driven by manufacturing, trade and hotels and restaurants sectors. On the demand side, economic activity was driven by private consumption, net exports (exports minus imports) and central government spending. In its report FUNIDES expressed that private investment was the most erratic variable during the year. At the beginning it showed a slowdown, then stagnation and then fell to negative rates and in the last months of the year it has been showing some improvement, but not enough to exceed the levels of investment last year.



More on this topic

Nicaragua: Economic Situation in III Quarter of 2016

December 2016

Up to September 2016 a slowdown was recorded in the growth rate of bank deposits in the private sector and all credit portfolios, except for personal loans.

From the Preface "Third economic situation report 2016" by the Nicaraguan Foundation for Economic and Social Development (Funides):

Nicaragua: Economic Situation Report III Quarter

October 2014

The report notes that although private consumption remains the main engine, the pace of growth in economic activity continues to slow.

Economic Situation Report of the third quarter of the year, prepared by the Nicaraguan Foundation for Economic Development:

The Nicaraguan Foundation for Economic and Social Development (FUNIDES) presents its third report on economic conditions in 2014, which states that in the first 7 months of 2014, the economy has continued a slowdown which began in the fourth quarter 2013. The average variation of 12 months of the Monthly Index of Economic Activity (MIEA), original series, which had reached 4.8% in April stood at 4.2% in July.

Signs of Slowdown in Nicaragua

July 2013

Economic growth remains above 4% but it is slowing down and becoming concentrated on a few activities.

The Nicaraguan Foundation for Economic and Social Development (FUNIDES) presented on Tuesday July 16 its second report on economic conditions in 2013, which indicates that economic growth remains above 4 percent, but is slowing down and is concentrated on a few activities.

Economy of Nicaragua 2012

January 2012

First Economic Situation Report 2012 has been issued by the Nicaraguan Foundation for Social and Economic Development.

Executive summary of the report by FUNIDES:

External Environment

The growth of world economy and in particular in the advanced economies in 2011 was lower than anticipated.

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