LatinNews Daily - 22 June 2026

*Nicaragua’s central bank (BCN) has released new figures showing that the country’s GDP grew 6.1% in the first quarter of 2026 year-on-year and 0.5% compared with the previous quarter. The BCN highlights that the year-on-year growth is up from 5.9% in the fourth quarter of 2025 and was driven by a 24.0% year-on-year rise in exploitation of mines and quarries. Other sectors driving growth were construction (+16.7%), trade (+15.8%), and hotels and restaurants (+9.8%), among other sectors. Sectors to post declines were fishing and aquiculture (-10.0%), electricity (-3.9%), public administration and defence (-3.0%), and agriculture (-2.4%). The latest growth forecast by the United Nations (UN) Economic Commission for Latin America and the Caribbean (Eclac), released on 27 April, projects Nicaragua’s economy will grow 4.5% in 2026, down from 4.9% in 2025, but still the highest in Central America.

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