## Nicaragua: 2017 Article IV Consultation-Press Release; and Staff Report

_IMF Staff Country Reports, June 27, 2017_

## Source details

**Canonical URL:** [Nicaragua: 2017 Article IV Consultation-Press Release; and Staff Report](https://www.imf.org/en/publications/cr/issues/2017/06/27/nicaragua-2017-article-iv-consultation-press-release-and-staff-report-45008)

## Other formats

- [Markdown version](/en/publications/cr/issues/2017/06/27/nicaragua-2017-article-iv-consultation-press-release-and-staff-report-45008/index.md)
- [Structured JSON version](/en/publications/cr/issues/2017/06/27/nicaragua-2017-article-iv-consultation-press-release-and-staff-report-45008/index.json)
- [Bundle manifest](/en/publications/cr/issues/2017/06/27/nicaragua-2017-article-iv-consultation-press-release-and-staff-report-45008/bundle-manifest.json)

## Bibliographic details
- Published: June 27, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484305638.002

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### Macroeconomic performance (2016)
- Real GDP grew by 4.7 percent in 2016, supported by strong domestic demand.
- Inflation remained subdued at 3.1 percent as of the end of 2016, owing largely to the contribution of food prices.

### External sector and financing
- The current account deficit for 2016 is estimated to have narrowed to 8.6 percent of GDP, compared with 9 percent in 2015.
- This consolidation is largely explained by maquila exports, which have been better captured owing to improvements in statistical compilation.
- The current account deficit remained financed by foreign direct investment and other long-term inflows.

### Thematic coverage and classification
- Subjects: Banking, Currencies, Economic sectors, External debt, Fiscal policy, Fiscal stance, Money, Public debt, Public sector.
- Keywords: Caribbean, Central America, compilation methodology, CR, crawling peg exchange regime, Currencies, current account, debt, debt dynamic, exchange rate, external shock, Fiscal stance, Global, IADB disbursement, ISCR, liquidity management tool, private sector, Public sector, real GDP, wage bonus.

*International Monetary Fund. Western Hemisphere Dept. "Nicaragua: 2017 Article IV Consultation-Press Release; and Staff Report", IMF Staff Country Reports 2017, 173 (2017), accessed 9/23/2026, https://doi.org/10.5089/9781484305638.002*

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## Content in this bundle

- **Country Report**
  - [Country Report (Markdown version)](/-/media/files/publications/cr/2017/cr17173.pdf.md){rel="alternate" type="text/markdown"}
  - [Country Report (PDF)](/-/media/files/publications/cr/2017/cr17173.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2017/06/27/nicaragua-2017-article-iv-consultation-press-release-and-staff-report-45008_