In 2018, the Nicaraguan economy decreased by 3.8 percent compared to 2017. However, the country has experienced an average growth rate of 3.8 percent over the last seven years, being the country with the highest growth rates in Central America, after Panama.

GDP

US$13.18 billion

GDP per capita

US$2,028.2

Real GDP growth

(3.8%) vs. 2017 

Exchange rate (2019 average)

C$33.13 = US$1.00

Source: Central Bank of Nicaragua (BCN)

 

Exports

Nicaragua’s total exports were US$5.39 billion in 2018. The main export destinations were: the United States, Central America, , the European Union, and Asia.

Furthermore, total exports have shown a 8 percent compound annual growth rate during the 2009-2018 period.

Foreign Direct Investment

Foreign Direct Investment inflows in Nicaragua reached US$1.06 billion in 2018. The sectors that attracted higher FDI revenues were industry, financial, telecommunications, trade and services, and energy.

The country has diversified the origin of its FDI inflows, going from 34 accumulated countries in 2007 to 68 countries in 2018, which represent a 100 percent growth.