BCN: Macroeconomic Outlook 2026

The Central Bank of Nicaragua (BCN) published a note on the Macroeconomic Outlook 2026, indicating that the Nicaraguan economy remains on a path of robust expansion.

BCN: Macroeconomic Outlook 2026

TL;DR

  • Nicaragua's economy is on a path of robust expansion, according to the BCN's Macroeconomic Outlook 2026.
  • The BCN maintains its 2026 growth projection at 3.5-4.5%, with an average unemployment rate of 3.0-3.5% and inflation between 2.5-3.5%.
  • A current account surplus of 5.0-6.0% of GDP is projected for 2026, an improvement from previous forecasts.
  • This positive outlook is supported by observed performance in 2025, continued export growth, and a moderate net impact from external shocks.
  • Risks include persistent geopolitical conflicts and climate events, but the BCN has tools to mitigate potential impacts.