Nicaraguan economy marked by stagnation and inflation

A marked slowdown in economic growth and the increase in inflation keep the Nicaragua economy in stagflation.

Thursday, October 23, 2008

In the context of an election process and a difficult global situation, this reveals a Nicaragua with a index of risk in the third quarter of the year, greater than for the same period in 2007.

This proposal made by Nestor Avendano, Ph.D in Economics, analyzes a situation which is already complex, indicating that there is a growing deficit in the balance of payment of the country, as a percentage of the expected production for this year which is cause by the rise in international prices in raw materials.

More on this topic

X Ray of the Nicaraguan Economy in 2017

April 2018

Last year, economic activity and employment generation continued to rise, cumulative inflation reached 5.7% and international reserves were strengthened.

From a statement issued by the Central Bank of Nicaragua:

For the eighth consecutive year, Nicaragua continued to register a positive macroeconomic performance.  Economic activity and job creation continued to grow and inflation remained stable, reaching a cumulative variation of 5.68 percent.  The management of public finances continued to be prudent, international reserves were strengthened, while the financial system remained sound.  An improved international context and good rainfall favored growth of exports, as well as an increase in the flow of family remittances and tourism which contributed to the strengthening of the country's external position.

Costa Rica: Economic Situation - June 2015

October 2015

The strong domestic consumption has not been enough to offset the negative performance in the external sector, resulting in six consecutive quarters of GDP slowdown.

From a statement issued by the Central Bank of Costa Rica:

In the second quarter of 2015 economic activity in the country, measured according to the trend cycle of gross domestic product (GDP), grew at an annualized rate of 3.5%, a result that reflects a relative recovery in the growth rate explained byy an increased investment in machinery and equipment as well as new construction.

Nicaraguan GDP drops in 2008

November 2008

The growth of the Nicaraguan economy at the end of 2008 will be lower than that of 122 other developing countries.

Even the GDP of Sierra Leone which was the lowest on the Human Development Index will be 2.5% higher than the estimate figure for Nicaragua.

"This is not the best scenario we could have expected in 2008," said economist Alejandro Arauz yesterday, based on the mos recent projections from the IMF on global economic perspectives...

Salvadoran economy, slow but still sure

September 2008

It all depends from which perspective you are observing. The same can be said of the economic balance of the Salvadoran market for the first semester of 2008.

While some sectors are warning that the situation has all the symptoms of the preamble to a strong slow-down in production activities, other voices are of the opinion that they have weathered the storm and that the effects are not as bad as feared.

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