The Central Bank of Nicaragua maintained its 2026 economic growth forecast at 3.5%–4.5% after positive performance in key macroeconomic indicators through the third quarter. It raised the inflation forecast to 3.5%–4.5% from the 2.5%–3.5% range projected in its July Monetary and Exchange Rate Policy Report, reflecting international price pressures and climate related disruptions to agricultural production. The central bank projects average unemployment of 3%–3.5% and retained its current account surplus forecast at 7%–8% of gross domestic product. Risks include geopolitical conflicts, higher oil prices, trade policy uncertainty and the effects of El Niño conditions.
Central Bank of Nicaragua maintains 2026 growth outlook, raises inflation forecast to 3.5%–4.5%
The Central Bank of Nicaragua maintained its 2026 growth forecast at 3.5%–4.5% but raised its inflation projection to 3.5%–4.5%. It expects unemployment of 3%–3.5% and a current account surplus equal to 7%–8% of gross domestic product.