LatinNews Daily - 30 October 2025

*Nicaragua’s central bank (BCN) has announced that the country’s economy expanded by 5.5% year-on-year in August 2025, according to its monthly economic activity index (Imae). Accumulated growth between January and August 2025 was 4.3% while the Imae registered 0.8% growth as compared to the previous month, on seasonally adjusted figures. The Imae, which measures the 17 main sectors of the economy, showed that yearly economic growth was driven by mining and quarrying (40.6%), primarily gold extraction, construction (11.1%), hotels and restaurants (9.2%), and retail (7.8%). This compensated for contractions in other sectors, mainly fishing and aquaculture (-16.6%), public administration (-4.9%), and agriculture (-0.2%). The BCN is forecasting annual economic growth this year of between 3% and 4%. There is considerable uncertainty, however, over future ties with the US, which remains by far Nicaragua’s most important trade partner, after the US Trade Representative (USTR) proposed the imposition of 100% tariffs on all or some of Nicaragua’s exports and expelling the country from the Dominican Republic-Central America-US Free Trade Agreement (Cafta-DR) earlier this month.

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