- Paying the bills -

Nicaragua Economy Grew 4.7% in 2014

8609463_orig

TODAY NICARAGUA – The fastest growing sectors were transport and communications, with 7.4%; personal and business services with 5.9%; trade, hotels and restaurants, 5.5%; Manufacturing 5%, and agriculture, 4.4%.

From a statement issued by the Central Bank of Nicaragua:

- payin the bills -

The Central Bank of Nicaragua (BCN) wishes to make public knowledge that it is expected that economic activity in the country at the close of 2014 grew by 4.7% (4.5% in 2013) as a result of more buoyant demand and aggregate supply.

With respect to demand, both internal and external demand behaviour patterns were observed. Domestic demand contributed 3.2% to growth, driven by the growth of individual consumption (4%) and gross fixed public capital formation (8.3%). Meanwhile, net external demand contributed 1.5%, reflecting a growth in exports.

Source: Centralamericandata.com

- paying the bills -

Related Articles

Covid-19 deaths skyrocket throughout September in Nicaragua

TODAY NICARAGUA - In the past week, a total of 329...

Ortega calls on citizens not to stay “locked up” at home

TODAY NICARAGUA - Nicaragua's president, Daniel Ortega, underestimates ‘new Covid outbreak’,...

MOST READ

- paying the bills -

Let's Keep This Going!

To be updated with all the latest news and information about Nicaragua and Latin America.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.