Nicaragua: Fourth Economic Situation Report

Economic activity grew by 4.7% on average up to September 2013, but its annual growth continues to slow down having gone down 6% at the beginning of the year to 3.5% in September.  

Thursday, December 19, 2013

From the fourth report on economic conditions in 2013, by the Nicaraguan Foundation for Economic and Social Development (FUNIDES):

The Nicaraguan Foundation for Economic and Social Development (FUNIDES) filed on December 17 its fourth report on economic conditions in 2013, which indicates that the economic situation remains similar to that reported in its October 2013 report. According to the Monthly Index of Economic Activity (MIEA) , the Central Bank of Nicaragua (BCN by its initials in Spanish), economic activity grew by 4.7% on average up to September 2013 , but its annual growth (month on month) , adjusted for seasonal and transient factors, continues to decelerate having gone down 6% at the beginning of the year to 3.5 % in September.

On the supply side, agriculture, construction, forestry, fishing and mining are driving growth. On the demand side are, private consumption, exports and government spending. Private investment registered a slight growth, well below the levels of the past two years.



More on this topic

Nicaragua: Economic Situation Report Fourth Quarter

December 2014

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.  

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

Nicaragua: III Economic Report 2013

October 2013

Growth up to July was 4.8%, the cycle-trend points to an increase of 4.3%.

Third report on economic conditions in 2013, by the Nicaraguan Foundation for Economic and Social Development (FUNIDES):

The Nicaraguan Foundation for Economic and Social Development (FUNIDES) presented on Monday October 21 its third report on economic conditions in 2013, indicating that economic growth remains above 4%, but is still slowing.

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.

Funides Analyzes Economy

April 2013

Possible variations in the economic support from Venezuela could drastically change the evolution of the Nicaraguan economy.

From the first report on economic conditions in 2013, by the Nicaraguan Foundation for Economic and Social Development (FUNIDES):

The Nicaraguan Foundation for Economic and Social Development (FUNIDES), presented on Thursday April 11 its first report on economic conditions in 2013, which states that in 2012 the economy grew for the second consecutive year above 5 percent, which is very favorable for employment and poverty reduction. On the supply side, growth was sustained by construction, followed by mining, transport and communications. On the demand side, growth engines were private investment and exports.

 close (x)

Receive more news about Economic outlook

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Tailor made software for construction companies

O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and...

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Oct 23)
Brent Crude Oil
41.99
Coffee "C"
108.05
Gold
1,901
Silver
24.69