Consumption in Nicaragua

Nicaragua Consumption | Economic News & Forecasts

Nicaragua - Consumption

The economy likely contracted in Q1 2019 amid the ongoing political crisis, underpinned by anemic activity in the construction, trade and services sectors. Moreover, declining bank deposits throughout Q1 suggests consumers and businesses remain pessimistic about the outlook and see no signs of the economic crisis abating. Turning to Q2, remittances rose at a solid pace in April, which should continue to support the ravaged economy. Meanwhile, international pressure on the Ortega administration could intensify in upcoming weeks, particularly if the Organization of American States votes Nicaragua is violating its democratic charter, which could disqualify the country from Inter-American Development Bank loans.

Nicaragua - Consumption Data

2013  2014  2015  2016  2017  
Consumption (annual variation in %)3.8  4.2  5.2  5.3  3.8  

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Nicaragua Consumption Chart

Nicaragua Consumption
Note: Annual variation of total consumption in %.
Source: Nicaragua Central Bank and Met the why particular calculations.

Nicaragua Facts

Exchange Rate32.922.11 %Jun 14

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