Economy

Exports rose 3.1% y-o-y to November 2005, while the import bill – buoyed by an increase in the purchase of capital goods – rose by 8.3% y-o-y in the same period. To September... 2006-01-23

Tax revenue rose by 17.8% y-o-y last year, reflecting improved controls and regulations, as well as the estimated 4% growth in GDP during the year. Income tax receipts alone rose... 2006-01-23

Exports rose 10.2% y-o-y to November, totaling US$6.392bn. Mango exports recorded a record 42% rise, followed by electronic conductors and cables, according to the government. We... 2006-01-23

With improved growth for year-end 2005, we have adjusted our own estimates for the forecast period 2006-2007. On the downside, however, is the imbalance in the fiscal accounts caused... 2006-01-23

Hurricane Stan, which battered the country in October, has affected the near-term outlook, for three reasons. Firstly, the economy took a brief but notable hit as a result. The hurricane... 2006-01-19

Income tax revenue was up 9% between January and October 2005, as total tax collection reached CRC1.011bn, close to the year-end target of CRC1.153bn. There was also a significant... 2005-12-12

Inflation rose to 10.3% y-o-y in October, thanks to the effects of shortages caused by storm damage, which hit the price of basic food stuffs, and to continuing high world oil prices.... 2005-12-12

The trade gap rose to US$2.71bn by October, up from US$2.41bn at the end of September, as the pace of growth of imports raced ahead of exports by three-to-one. Revenue from sales... 2005-12-12

Inflation reached 2.8% year-on-year in October 2005, reflecting both high oil prices and the effects of storm damage to food prices throughout the region during the tenth month. We... 2005-12-12

We are seeing better prospects for this year, as the renewal of the deal with the IMF unlocks funds and leads to more FDI for Nicaragua. Moreover, the establishment of the DR-CAFTA... 2005-12-12