Nicaragua : Staff Report for the 2013 Article IV Consultation

Author/Editor:

International Monetary Fund. Western Hemisphere Dept.

Publication Date:

December 27, 2013

Electronic Access:

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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.

Series:

Country Report No. 13/377

Subject:

English

Publication Date:

December 27, 2013

ISBN/ISSN:

9781484335437/1934-7685

Stock No:

1NICEA2013001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

80

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