Fiscal Balance in Nicaragua
Nicaragua - Fiscal BalanceThe economic recession worsened significantly in the fourth quarter of 2018. Household spending plummeted, while fixed investment continued to freefall in Q4. In the external sector, the contraction in exports and imports deepened, with imports plunging by over a quarter. Moreover, the construction, trade, and hotels and restaurants sectors continued to reel. Turning to Q1 2019, the economy likely remained on shaky ground. Merchandise exports fell slightly in annual terms in January, while imports fell again, and the córdoba tumbled to a new low in the quarter. Meanwhile, on the political front, negotiations between the Ortega government and the opposition passed the deadline in early April, with little progress made and no immediate deal in sight.
Nicaragua - Fiscal Balance Data
|Fiscal Balance (% of GDP)||-1.1||-1.5||-1.6||-2.0||-1.9|
5 years of economic forecasts for more than 30 economic indicators.
|Exchange Rate||32.70||2.11 %||Apr 22|
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