Nicaragua – Economic Snapshot Capital Goods Imports (CIF, Million USD)

Capital goods imports provide a clear indicator of Nicaragua’s investment cycles.

They reflect demand for machinery, transport equipment, and agricultural and industrial assets essential for productive growth.

Key Insights:

- In 2017, imports reached USD 1.27 billion, a strong pre-crisis level.

- 2018–2019 witnessed a steep contraction due to domestic political unrest, falling to USD 670 million.

- In 2020, only a modest rebound occurred, constrained by the global Covid-19 shock.

- From 2021 onward, imports grew steadily, doubling compared to 2019. By 2024, they reached USD 1.85 billion, the highest ever recorded.

- 2025 (first half) already totals USD 1.05 billion. Marked separately in the chart, this partial figure shows strong upward momentum, suggesting another record year if the trend persists. Conclusion: The trajectory illustrates Nicaragua’s transition from crisis and contraction (2018–2020) to a period of robust recovery and sustained investment (2021–2024).

Early 2025 results confirm continuity in demand and a new phase of expansion, underlining renewed investor confidence and structural growth in the economy. Source: Banco Central de Nicaragua (BCN), Importaciones CIF – Bienes de Capital (Industria, Transporte, Agricultura)