The Central Bank of Nicaragua published its Monthly Index of Economic Activity (IMAE) for April 2025, reporting a 2.2% increase in economic activity compared with April 2024. Cumulative growth for January to April was 2.7%, while average annual growth was 2.4%. On a seasonally adjusted basis, the IMAE fell 0.3% from the previous month but rose 3.1% year on year; the trend-cycle series increased 0.2% month on month and 3.4% year on year. The strongest sectoral gains were in hotels and restaurants (13.6%), financial intermediation and related services (4.6%), transport and communications (4.5%), commerce (3.6%), and mining and quarrying (2.8%), while the steepest declines were in fishing and aquaculture (-48.9%), energy and water (-3.4%), and public administration and defence (-3.4%). The release attributes mining growth mainly to higher gold extraction, livestock gains to higher poultry slaughter and increased milk and egg production, and the contraction in fishing and aquaculture to lower farmed shrimp output and reduced catch of other fish; manufacturing expanded in meat products, beverages, petroleum derivatives and automotive wiring harnesses, but declined in tobacco and textiles.
Central Bank of Nicaragua 2025-07-11
Central Bank of Nicaragua releases April 2025 monthly economic activity index showing 2.2% year on year growth
The Central Bank of Nicaragua reported a 2.2% increase in the Monthly Index of Economic Activity (IMAE) for April 2025 compared to April 2024, with cumulative growth of 2.7% from January to April. Sectoral gains were led by hotels and restaurants (13.6%) and financial services (4.6%), while fishing and aquaculture declined by 48.9%. The report attributes mining growth to higher gold extraction and the contraction in fishing to reduced shrimp output.