The Central Bank of Nicaragua published its report on the evolution of foreign direct investment (FDI) through the second half of 2024, showing gross FDI inflows of USD 1,343.3 million in H2 2024, up 8.3 percent from the same period in 2023, and net FDI of USD 563.1 million, up 74.3 percent. For 2024 as a whole, gross inflows totalled USD 3,039.9 million, up 8.6 percent from 2023, while net FDI reached USD 1,352.3 million, up 21.4 percent; gross inflows represented 15.4 percent of GDP and net flows 6.9 percent. Gross annual FDI inflows were mainly driven by external disbursements from parent companies and/or related non-resident firms (USD 1,717.1 million, 56.5 percent), followed by gross profits (USD 993.6 million, 32.7 percent) and capital contributions (USD 329.2 million, 10.8 percent). Net FDI was composed primarily of reinvested earnings (USD 882.7 million, 65.3 percent), new capital contributions (24.3 percent) and net external borrowing from related companies (USD 140.4 million, 10.4 percent). By sector, the largest net FDI recipients were industry (USD 419.1 million, 31.0 percent), financial intermediation (USD 282.6 million, 20.9 percent), energy and mining (USD 260.8 million, 19.3 percent), and trade and services (USD 199.8 million, 14.8 percent); by source country, Panama (USD 336.3 million, 24.9 percent) and the United States (USD 282.9 million, 20.9 percent) led, followed by Spain, Barbados, Costa Rica and Mexico.

Original source View in tracker