Nicaragua's economy grew by 4.6 percent in 2023, primarily driven by the services sector. Prudent fiscal and macroeconomic policies have supported growth and lowered inflation to 4.8 percent by mid-2024, aided by stable exchange rates and subsidies. Poverty was reduced to 12.5 percent in 2023 but remains a challenge. GDP is projected to grow 3.6 percent in 2024, with stable inflation and declining debt. Risks, including financial conditions, economic...
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2024/10/01
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Brief
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194025
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2024/10/17
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Disclosed
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Macro Poverty Outlook for Nicaragua : October 2024
Citation
World Bank.
Macro Poverty Outlook for Nicaragua : October 2024 (English). Macro Poverty Outlook (MPO) Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099823310152475710