NICARAGUA: SELECTED ECONOMIC DATA; NICDAT: LAC/DPP 04/15/94
Prel.
1984 1985 1986 1987 1988 1989 1990 1991 1992 1993
POPULATION
Thousands 3163 3272 3384 3501 3620 3745 3870 4002 4138 4279
Growth Rate (%) 3.3 3.4 3.4 3.5 3.4 3.5 3.3 3.4 3.4 3.4
NATIONAL ACCOUNTS
GDP, current prices (m. cords.) [a] 45030 115404 435742 2695850
GDP, 1980 prices (m. cords.) 22382 21468 21250 21100 18473 18159 18113 18071 18134 18034
Real GDP Growth Rate (%) -1.6 -4.1 -1.0 -.7 -12.5 -1.7 -.3 -.2 .4 -.5
Real Per Capita GDP (1980 cords.) 7076. 6561. 6280. 6027. 5103. 4849. 4680. 4515. 4382. 4215.
Real Per Capita GDP Growth Rate (%) -4.7 -7.3 -4.3 -4.0 -15.3 -5.0 -3.5 -3.5 -2.9 -3.8
Gross Domestic Investment/GDP (%) 22.2 23.1 16.9 15.8 28.1 28.1 20.2 17.9 18.0 18.7
Private
Public
Gross National Savings/GDP (%) -2.1 -6.7 -11.5 -12.1
Private 12.2 12.3 10.1 9.4
Public -14.3 -19.0 -21.6 -21.5
Foreign Savings/GDP (%) 24.3 29.8 28.4 27.9
PRICES
GDP Price Deflator (1980 = 100) [a] 201.2 537.6 2050.6 12777.
Annual Change (%) 39.0 167.2 281.5 523.1
Consumer Prices (1980 = 100) [a] 274.4 876.7 6852. 69341. 9997000.
Annual Change (%) 35.4 219.5 681.6 912.0 14316. 4770 12338 775.0 32.5 20.4
BALANCE OF PAYMENTS (US$ m.)
Current Account Balance -685 -839 -803 -814 -770 -531 -556 -890 -1067 -799
Exports, fob 412 305 258 295 236 290 330 268 223 267
Imports, cif 811 867 753 817 791 603 625 663 830 704
Trade Balance -399 -562 -495 -522 -555 -313 -295 -395 -607 -437
Services, net -288 -291 -308 -292 -215 -218 -261 -505 -470 -387
Private Transfers, net [b] 2 14 0 0 0 0 0 10 10 25
Capital Account Balance 280 422 -140 84 320 -100 -235 -163 -76 -128
Official Transfers, net 88 113 115 135 189 169 202 483 326 253
Private, net -88 -226 -194 -142 122 -168 -211 39 0 49
Nonfin'l Public Sector, net 212 402 467 402 249 261
Financial Public Sector, net 176 173 130 60 31 17
Unpaid Amortization -179 -169 -677 -372 -278 -379 -226 -685 -402 -430
Rescheduling of Curr. Obligations 71 129 19 1 7
SDR Allocations and Other 0 0 0 0 0
Overall Balance -405 -417 -943 -730 -450 -631 -791 -1053 -1143 -927
EXTERNAL PUBLIC DEBT
Debt Outstanding, 12/31 (US$ m.) 3946 4575 5321 6262 6773 8069 10715 10313 10792 10987
Debt Outstanding/GDP (%) 139.8 163.3 188.2 215.0 243.2 508.0
Debt Service/Exports-Contractual (%) 102.8 134.2 329.9 205.9 220.9
Debt Service/Exports-Paid (%) 16.70 19.50 15.50 13.70 18.30
CONSOL. NONFIN. PUB. SECTOR (% of GDP)
Current Revenues and Transfers 39.1 36.6 36.2 29.7 21.4 23.3 18.0 26.6 35.4 33.0
Current Expenditures 43.5 50.4 44.3 41.5 39.3 24.8 31.0 29.4 34.0 30.1
Current Surplus/Deficit -4.4 -13.8 -8.0 -11.8 -17.9 -1.6 -12.9 -2.9 1.4 2.9
Capital Revenue .2 .2 .2 .1 .1 .2 .1 .2 .2 .7
Capital Expenditures 17.0 9.1 7.3 6.5 6.7 3.7 1.5 5.7 10.3 11.2
Overall Surplus/Deficit -21.3 -22.7 -15.1 -18.1 -24.5 -5.1 -14.3 -8.3 -8.7 -7.6
[a] GDP in current prices is not shown after 1987 because of high inflation rates (through 1991) and changes in the currency unit in 1990.
Likewise, price indices are not calculated after 1987; only the annual percentage changes are shown.
[b] Included in other accounts beginning in 1986 (and to some extent prior to then).