The website ¨El 19¨, which quotes a report by the Central Bank of Nicaragua (BCN), reported that net FDI flows amounted to 1,352.3 billion dollars, 21.4 percent higher than the amount of the previous calendar, while income in the year reached a percentage of 15.4 percent of the Gross Domestic Product.
The financial entity specified that the main source of origin of gross FDI income was foreign disbursements received from the parent company and related non-resident companies, totaling 1,717.1 billion dollars throughout the year (56.5% of the total).
This was followed by profits generated in the period with US$993.6 million (32.7% of the total), and capital contributions with US$329.2 million (10.8% of the total).
Regarding the composition of net FDI flows, the BCN noted that reinvestment of profits (US$882.7 million) accounted for 65.3 percent of the total.
Likewise, new capital contributions represented 24.3 percent of the total, and net flows of external indebtedness with related companies (US$140.4 million) reached a percentage of 10.4.
According to the bank, the economic activities with the highest annual net FDI flows were industry with 419.1 million dollars, financial intermediation (282.6); energy and mines (260.8); and trade and services, which registered net flows of 199.8 million dollars.
With regard to the countries of origin of net FDI in 2024, flows from Panama (US$336.3 million) and the United States (US$282.9 million) stood out.
In addition, net flows were recorded from Spain (US$95.9 million); Barbados (US$82.8 million); Costa Rica (US$82.1 million); and Mexico with US$66.8 million, among other nations.
ef/abo/mem/ybv