Agronoticias: Agriculture News from Latin America and the Caribbean
News

Mesoamerica

13/04/2018

Aquaculture and agriculture drive economic growth in Nicaragua

This is reflected in the IMAE, Nicaragua's economic activity index that measures the main sectors of economic activity and is used to make investment decisions.

Mother and daughter at the market in Managua, Nicaragua

The Central Bank of Nicaragua (BCN) reported that Nicaragua's monthly economic activity index (IMAE) grew 4% in January, compared to the same month in 2017.

The most dynamic activities in January are as follows (in chronological order): fishing and aquaculture (43.1%), agriculture (13.2%) and exploitation of mines and quarries (11.1%). Nicaragua expects 4.5%-5% GDP growth in 2018, with cumulative inflation of 5.5%-6.5%, according to the BCN.

 

Please note that this article was not originally written in this language.
This article is incomplete. Click here to read the full text from its original source, El Nuevo Diario
Photo Credit: Noel Gavin/Trocaire (CC BY 2.0)

Share this page