Central Bank of Nicaragua: 2025 Annual Report

In compliance with Article 42 of Law No. 1232, Law on the Administration of the Monetary and Financial System, the Central Bank of Nicaragua (BCN) published the 2025 Annual Report.

Central Bank of Nicaragua: 2025 Annual Report

TL;DR

  • Nicaragua's economy grew 4.9% in 2025, the fifth consecutive year of expansion.
  • Inflation was at a multi-year low of 2.7%, attributed to moderated food prices and stable exchange rates.
  • Central government surplus of 3.6% of GDP, with public debt reduced to 48.1% of GDP.
  • Current account surplus of 9.5% of GDP, with exports growing 15.4%.
  • International reserves reached $8,324.8 million, covering 3.6 times the monetary base.
  • Monetary policy included a zero exchange rate slippage, a reduced reference rate of 6.00%, and strengthened regulations.
  • Financial stability remained solid with a 13.5% growth in the credit portfolio.
  • The Central Bank of Nicaragua strengthened operational continuity and supervision of payment systems.