The Central Bank of Nicaragua published its report on foreign direct investment (FDI) developments in the first half of 2025, showing gross FDI inflows of USD 1,427.9m and net FDI inflows of USD 818.7m. Net inflows rose 3.7% (USD 29.5m) compared with the first half of 2024, while gross inflows fell from USD 1,696.6m. Gross FDI inflows represented 13.7% of GDP (17.7% in the first half of 2024) and net inflows represented 7.8% of GDP (8.2% in the first half of 2024). By component, gross inflows were led by related-party debt disbursements of USD 589.5m (41.3%), followed by period earnings of USD 580.8m (40.7%) and capital contributions of USD 257.6m (18.0%). Reinvested earnings amounted to USD 568.1m, up USD 90.6m year on year, while net related-party debt flows were negative at USD 7.0m because amortisation payments (USD 596.5m) exceeded disbursements. By receiving sector, energy and mining captured USD 266.5m of net inflows (32.6%), financial intermediation USD 231.9m (28.3%), manufacturing USD 186.4m (22.8%), and trade and services USD 130.7m (16.0%). By source country, Panama accounted for USD 247.0m (30.2%) and the United States for USD 138.9m (17.0%), followed by Barbados (USD 115.7m), Mexico (USD 53.6m), Colombia (USD 52.7m), the Netherlands (USD 35.6m), Costa Rica (USD 35.2m) and China (USD 29.0m).