Nicaragua

The evolution of the Nicaraguan economy in 1983 was dominated by problems of security and defence. It is difficult, therefore, to evaluate it adequately with the usual methodology of economic analysis. In fact, the particularly adverse effect on Nicaragua of the conditions created by the international economy was aggravated by a permanent harassment and state of siege which forced the authorities to divert their attention increasingly from other problems and to allocate greater resources to defence. These circumstances explain the opposing trends of the economy in 1983: a major expansion of production and employment, profound financial imbalances (both internal and external), and a fall in private per capita consumption.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Peace, Justice and Strong Institutions