Nicaragua: Staff Report for the 2013 Article IV Consultation
December 27, 2013
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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
Pages:
80
Volume:
2013
DOI:
Issue:
377
Series:
Country Report No. 2013/377
Stock No:
1NICEA2013001
ISBN:
9781484335437
ISSN:
1934-7685
