The Central Bank of Nicaragua published balance of payments results for the first quarter of 2025, reporting a current account surplus of USD 413.3 million, equivalent to 8.0% of GDP, up from 4.1% of GDP in the first quarter of 2024. The financial account showed a net accumulation of foreign assets of USD 255.7 million, compared with a net increase in external liabilities of USD 72.9 million a year earlier. Goods exports rose to USD 1,857.5 million and imports to USD 2,540.0 million, leaving a goods trade deficit of USD 682.5 million, 2.7% smaller than in the same quarter of 2024. Services shifted to a deficit of USD 26.0 million (from a USD 39.6 million surplus), with services exports of USD 316.6 million and imports of USD 342.6 million. Investment income recorded a deficit of USD 293.2 million, reflecting USD 83.4 million of income and USD 376.6 million of outflows, mainly income accrued on foreign direct investment in Nicaragua and interest on external debt. Remittance inflows reached USD 1,441.3 million (up 26.3% year on year) while remittance outflows fell to USD 27.0 million. Gross foreign direct investment inflows were USD 707.3 million, corresponding to net flows of USD 449.3 million, and the Central Bank reported an increase in its reserve assets of USD 484.8 million in the quarter.
Central Bank of Nicaragua 2025-07-15
Central Bank of Nicaragua publishes first quarter 2025 balance of payments showing USD 413.3 million current account surplus
The Central Bank of Nicaragua reported a current account surplus of USD 413.3 million for Q1 2025, equivalent to 8.0% of GDP, up from 4.1% in Q1 2024. Goods exports rose to USD 1,857.5 million, while imports increased to USD 2,540.0 million, resulting in a reduced trade deficit. Remittance inflows surged by 26.3% year-on-year to USD 1,441.3 million, and gross foreign direct investment inflows totaled USD 707.3 million.