Nicaragua: Staff Report for the 2013 Article IV Consultation

December 27, 2013

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Nicaragua: Staff Report for the 2013 Article IV Consultation, (USA: International Monetary Fund, 2013) accessed December 21, 2024

Summary

This 2013 Article IV Consultation highlights that during the past two years, macroeconomic developments in Nicaragua have been generally favorable. Real GDP grew by an average of 5¼ percent during 2011–2012, and the annual average inflation was 7¼ percent during the same period. Looking ahead, the macroeconomic outlook also remains broadly positive. Real GDP is expected to grow by 4¼ percent in 2013 and then stabilize at its potential level of 4 percent over the medium-term. Inflation is projected to remain at about 7 percent supported by the crawling-peg exchange rate system that has helped anchor inflation expectations.

Subject: Balance of payments statistics, Commodities, Economic and financial statistics, External debt, Oil, Public and publicly-guaranteed external debt, Public debt

Keywords: Balance of payments statistics, CR, Debt, Deficit, Global, Government, Government of Nicaragua, Headline inflation, IMF recommendation, Inflation expectation, ISCR, Nicaragua, Nicaraguan authorities, Oil, Oil import financing agreement, Public and publicly-guaranteed external debt

Publication Details

Pages:

80
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/377
Stock No:

1NICEA2013001
ISBN:

9781484335437
ISSN:

1934-7685

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