The Central Bank of Nicaragua released national accounts results for the third quarter of 2025, reporting that quarterly GDP grew 6.8% year on year, up from 5.0% in the previous quarter. On a cumulative basis, GDP growth reached 4.9% through the third quarter, with preliminary average annual growth of 4.5% in the original series. In seasonally adjusted terms, GDP rose 1.5% versus the second quarter of 2025, while the trend-cycle series increased 1.3% quarter on quarter, 6.1% year on year, and 4.0% on an average annual basis. By production, growth was led by construction (28.2%), mining and quarrying (25.1%), trade (11.3%), hotels and restaurants (9.0%), livestock (5.6%), water (5.5%), transport and communications (5.1%) and manufacturing (5.1%), partially offset by declines in public administration (-4.5%), fishing and aquaculture (-1.9%), forestry and logging (-1.3%) and agriculture (-1.2%). By expenditure, the expansion was driven by domestic demand, with consumption up 5.7% and fixed investment up 30.6%, while net external demand detracted as the negative marginal contribution of imports outweighed exports; at current prices, quarterly GDP increased 12.3% year on year and 10.2% on an average annual basis.
Central Bank of Nicaragua 2025-12-23
Central Bank of Nicaragua publishes Q3 2025 GDP data showing 6.8% year-on-year growth
The Central Bank of Nicaragua reported a 6.8% year-on-year GDP growth for Q3 2025, up from 5.0% in the previous quarter. Growth was driven by construction, mining, and trade, while declines were noted in public administration and agriculture. Domestic demand, particularly consumption and fixed investment, fueled the expansion, despite a negative contribution from net external demand.