Nicaraguan Economic Forecast Is Estimated At a Growth Rate of 3.2% in 2010

2010-10-07

According to the 2010 Nicaraguan Economic Report presentation, held by the Nicaraguan Foundation for Economic and Social Development, FUNIDES, sponsored by USAID, that due to the slow recovery of the U.S. and the world economy in 2010, the economic growth rate of only 2.3%, will cause Nicaragua's economic performance, which targets the United States as the main export market, to lag behind other Latin American countries. The estimated Nicaraguan economic growth rate in 2010 is 3.2%, and the growth rate in 2011 is estimated to range only between 2.5 to 3 percent.