(2017 est.) $4.708 billion [see also: Budget - revenues country ranks ] household consumption: 77.7% (2017 est.) Agriculture - products: bananas, coffee, citrus, corn, African palm; beef; timber; shrimp, tilapia, lobster, sugar, oriental vegetables GDP - composition, by sector of origin: [see also: Stock of narrow money country ranks ] (31 December 2016 est. (31 December 2017 est.) Imports: Debt - external: Exports - partners: US 34.5%, Germany 8.9%, Belgium 7.7%, El Salvador 7.3%, Netherlands 7.2%, Guatemala 5.2%, Nicaragua 4.8% Taxes and other revenues: 20.3% (of GDP) $5,400 note: data are in 2017 dollarscountry comparison to the world: 2.7% $7.852 billion Budget: )country comparison to the world: )country comparison to the world: (2014 est.) (2017 est.) Cultivated shrimp is another important export sector. [see also: Market value of publicly traded shares country ranks ] 66 [see also: Current account balance country ranks ] (2017) Stock of broad money: (31 December 2017 est.) expenditures: 5.283 billion (2014) Exports - commodities: coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber (2017 est.) (2017) ), Budget surplus (+) or deficit (-): -2.7% (of GDP) [see also: Inflation rate (consumer prices) country ranks ] (31 December 2017 est.) [see also: Household income or consumption by percentage share - highest 10% country ranks ] (31 December 2016 est. Stock of narrow money: [see also: Imports country ranks ] [see also: Exports country ranks ] Imports: $8.625 billion (31 December 2017 est.) $8.625 billion Current account balance: )country comparison to the world: [see also: Budget surplus (+) or deficit (-) country ranks ] Debt - external: 26 (2017) Reserves of foreign exchange and gold: Reserves of foreign exchange and gold: )country comparison to the world: [see also: Central bank discount rate country ranks ] Labor force: 3.735 million 21.137 )country comparison to the world: [see also: GDP - real growth rate country ranks ] [see also: Exports country ranks ] (2017), Exports - commodities: coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber, Imports: (31 December 2016 est. [see also: Current account balance country ranks ] 130 [see also: GDP - composition, by sector of origin - industry country ranks ] Imports - partners: US 40.3%, Guatemala 10.5%, China 8.5%, Mexico 6.2%, El Salvador 5.7%, Panama 4.4%, Costa Rica 4.2% (31 December 2016 est. [see also: Debt - external country ranks ] (31 December 2016 est. (2017 est.) )country comparison to the world: [see also: Budget - expenditures country ranks ] investment in fixed capital: 23.1% 112, country comparison to the world: (31 December 2016 est. 130 Population below poverty line: 29.6% 47.1 Gross national saving: )country comparison to the world: (31 December 2017 est.) Market value of publicly traded shares: By shrinking 91 bn dollar, Korea is the biggest loser followed by Germany and Italy. $3.814 billion (2017 est.) While the Honduran government places a priority on improving the investment climate as a means of attracting investment and promoting economic growth, meaningful reform has been slow. 16 )country comparison to the world: In 2017, Honduras faced rising public debt, but its economy has performed better than expected due to low oil prices and improved investor confidence. [see also: Commercial bank prime lending rate country ranks ] [see also: Stock of domestic credit country ranks ] 98 The country’s GDP growth reached 4.8 percent in 2017, 3.7 percent in 2018 and 2.7 percent in 2019, above the average in Central America and well above the average in Latin America and the Caribbean (LAC). (2017) Labor force: 3.735 million (2017 est.) (2017 est.) 96 GDP (official exchange rate): $22.98 billion Distribution of family income - Gini index: (2017 est.) Since the late 1970s, towns in the north began industrial production through maquiladoras 21.137 agriculture: 14.2% (2017 est.) 6.25% 22.995 83, country comparison to the world: Google+, Facebook The 2019 edition of the Economic Survey of Latin America and the Caribbean consists of three parts. Debt - external: $13.3 billion -$587 million (2017 est.) Debt - external: (2013 est. 6.3% 21.137 96 Stock of narrow money: Central bank discount rate: 66 2) The rank that you see is the CIA reported rank, which may habe the following issues: Global Economic Prospects. (31 December 2017 est.) Stock of domestic credit: 150 Debt - external: (2017 est.) $11.32 billion (2017 est.) 170 96 (2014 est.) Imports - partners: US 40.3%, Guatemala 10.5%, China 8.5%, Mexico 6.2%, El Salvador 5.7%, Panama 4.4%, Costa Rica 4.2% 3.9% services: 57% -$587 million Taxes and other revenues: 20.3% (of GDP) NA (31 December 2016 est. $2.827 billion Fiscal year: calendar year [see also: Current account balance country ranks ] industry: 20.9% [see also: Imports country ranks ] (2017 est. (31 December 2016 est. (2017 est.) Commercial bank prime lending rate: (31 December 2017 est.) [see also: Budget - revenues country ranks ] 96 Part I outlines the region’s economic performance in 2018 and analyses trends in the early months of 2019, as well as the outlook for the rest of the year. (2016 est.) Household income or consumption by percentage share: (2017 est.) agriculture: 14.2% 98 (2014 est.) 21.137 Current account balance: [see also: Debt - external country ranks ] In 2017, Honduras faced rising public debt, but its economy has performed better than expected due to low oil prices and improved investor confidence. (2017 est.) (2015 est.) 22.995 Central bank discount rate: Population below poverty line: 29.6% [see also: Industrial production growth rate country ranks ] Reporting period: 2002 - 2019. (2017 est.) [see also: Exports country ranks ] [see also: Unemployment rate country ranks ] Stock of broad money: )country comparison to the world: (31 December 2016 est. [see also: Inflation rate (consumer prices) country ranks ] Exchange rates: lempiras (HNL) per US dollar - Imports - partners: US 40.3%, Guatemala 10.5%, China 8.5%, Mexico 6.2%, El Salvador 5.7%, Panama 4.4%, Costa Rica 4.2% )country comparison to the world: )country comparison to the world: Budget surplus (+) or deficit (-): -2.7% (of GDP) [see also: Central bank discount rate country ranks ] (2014) (2017 est.) (2016 est. Exports: household consumption: 77.7% $2.455 billion Stock of broad money: (31 December 2017 est.) Stock of broad money: $7.852 billion )country comparison to the world: Imports - partners: US 40.3%, Guatemala 10.5%, China 8.5%, Mexico 6.2%, El Salvador 5.7%, Panama 4.4%, Costa Rica 4.2% NA $2.455 billion -$587 million Sign Up. [see also: Budget - expenditures country ranks ], Taxes and other revenues: 20.3% (of GDP) [see also: Budget - expenditures country ranks ] Public debt: [see also: Labor force - by occupation - industry country ranks ] 19.26% Stock of broad money: (2016 est. Honduras is one of the poorest countries in Latin America, according to the CIA World Factbook. [see also: GDP - per capita country ranks ] (2016 est. 65 19.26% )country comparison to the world: 26 Economy of Honduras The economy of Honduras is based mostly on agriculture, which accounts for 14% of its gross domestic product (GDP) in 2013. (31 December 2010)country comparison to the world: (2017 est.) (2016 est. NA (31 December 2016 est. (31 December 2010)country comparison to the world: $12.67 billion )country comparison to the world: (2016 est. [see also: Public debt country ranks ] (2017 est.) Stock of broad money: )country comparison to the world: [see also: Stock of domestic credit country ranks ] Public debt: 6.3% $7.841 billion )country comparison to the world: )country comparison to the world: [see also: Labor force - by occupation - agriculture country ranks ] (31 December 2017 est.) (2017 est. $12.67 billion (2013 est. (2016 est.) [see also: Stock of domestic credit country ranks ] (31 December 2016 est. NA 110 (2017 est.) (2016 est.) Exports - commodities: coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber Exports - partners: US 34.5%, Germany 8.9%, Belgium 7.7%, El Salvador 7.3%, Netherlands 7.2%, Guatemala 5.2%, Nicaragua 4.8% $12.67 billion expenditures: 5.283 billion Exports - commodities: coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber )country comparison to the world: 4.8% imports of goods and services: -58.9% )country comparison to the world: $4.708 billion (2015 est.) Stock of narrow money: Exports - partners: US 34.5%, Germany 8.9%, Belgium 7.7%, El Salvador 7.3%, Netherlands 7.2%, Guatemala 5.2%, Nicaragua 4.8% -$587 million [see also: Debt - external country ranks ] Industries: sugar processing, coffee, woven and knit apparel, wood products, cigars 38.5% of GDP )country comparison to the world: Commercial bank prime lending rate: $7.841 billion )country comparison to the world: (2013 est. [see also: GDP - composition, by end use - investment in fixed capital country ranks ] 22.995 )country comparison to the world: (2015 est.) $7.841 billion (31 December 2016 est. )country comparison to the world: (2016 est. $7.841 billion Market value of publicly traded shares: )country comparison to the world: $8.625 billion $2.455 billion (2017 est.) (2013 est. 103 [see also: Commercial bank prime lending rate country ranks ] Exports - commodities: coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber services: 57% (2016 est.) GDP (purchasing power parity): 118 )country comparison to the world: [see also: GDP - composition, by end use - investment in fixed capital country ranks ] Debt - external: ), Imports - commodities: communications equipment, machinery and transport, industrial raw materials, chemical products, fuels, foodstuffs, Imports - partners: US 40.3%, Guatemala 10.5%, China 8.5%, Mexico 6.2%, El Salvador 5.7%, Panama 4.4%, Costa Rica 4.2% $3.814 billion Unemployment rate: $4.708 billion 82 Market value of publicly traded shares: Public debt: $2.827 billion $3.814 billion (2016 est.) -$587 million (31 December 2016 est. (31 December 2016 est. (2017 est. (2016 est. (31 December 2016 est. (2016 est. 19.26% The … $5,600 98 131 82 130 47.1 investment in fixed capital: 23.1% (2017 est.) 21.137 (2013 est. Current account balance: (31 December 2016 est. )country comparison to the world: Reserves of foreign exchange and gold: highest 10%: 38.4% revenues: 4.658 billion (2017 est.) 103 Stock of narrow money: Market value of publicly traded shares: $7.841 billion Budget: (31 December 2016 est. Imports - partners: US 40.3%, Guatemala 10.5%, China 8.5%, Mexico 6.2%, El Salvador 5.7%, Panama 4.4%, Costa Rica 4.2% Taxes and other revenues: 20.3% (of GDP) (31 December 2017 est.) [see also: Labor force - by occupation - services country ranks ], Unemployment rate: (2017 est.) [see also: Household income or consumption by percentage share - highest 10% country ranks ] (2017 est.) (2016 est. )country comparison to the world: )country comparison to the world: )country comparison to the world: NA )country comparison to the world: (31 December 2017 est.) [see also: Distribution of family income - Gini index country ranks ] (31 December 2016 est. 150 Commercial bank prime lending rate: (31 December 2017 est.) revenues: 4.658 billion Imports - commodities: communications equipment, machinery and transport, industrial raw materials, chemical products, fuels, foodstuffs )country comparison to the world: 103 65 -$587 million services: 57% (2016 est.) (2014) $4.708 billion )country comparison to the world: Exchange rates: lempiras (HNL) per US dollar - (2017 est.) 96 $7.852 billion Budget surplus (+) or deficit (-): -2.7% (of GDP) 2.7% Exports - partners: US 34.5%, Germany 8.9%, Belgium 7.7%, El Salvador 7.3%, Netherlands 7.2%, Guatemala 5.2%, Nicaragua 4.8% [see also: Market value of publicly traded shares country ranks ] -$587 million Trade Data. (31 December 2016 est. 118 (2017 est.) )country comparison to the world: Exports - commodities: coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber 152 Inflation rate (consumer prices): (2014 est.) (2016 est.) (31 December 2016 est. 22.098 -$380 million Industrial production growth rate: 4.5% (2017 est.) (31 December 2017 est.) )country comparison to the world: (31 December 2016 est. [see also: Public debt country ranks ] [see also: Inflation rate (consumer prices) country ranks ] [see also: Stock of narrow money country ranks ] -$380 million )country comparison to the world: lowest 10%: 1.2% (2017 est.) 22.995 (2015 est.) [see also: Labor force - by occupation - services country ranks ] (31 December 2017 est.) )country comparison to the world: $11.32 billion revenues: 4.658 billion $12.67 billion Reserves of foreign exchange and gold: [see also: Debt - external country ranks ] $2.827 billion government consumption: 13.8% Labor force - by occupation: -$587 million 5.6% Log In. 123 (31 December 2017 est.) (2014 est.) exports of goods and services: 43.6% )country comparison to the world: 16 [see also: Household income or consumption by percentage share - highest 10% country ranks ] $10.56 billion 118 130 Honduras: Economic Expectations for February – 2019 During the second month of the year, GDP growth at the end of 2019 was forecast at 3.8%, and by 2020 the variation is expected to be 4.2%. (31 December 2017 est.) 22.995 Budget surplus (+) or deficit (-): -2.7% (of GDP) 19.33% [see also: Inflation rate (consumer prices) country ranks ] (2009)country comparison to the world: 96 20.6% of GDP Exports: $7.852 billion (2017 est. $11.32 billion )country comparison to the world: 118 )country comparison to the world: )country comparison to the world: $8.625 billion (2015 est.) $2.827 billion The GDP value of Honduras represents 0.02 percent of the world economy. (31 December 2016 est. (2017) (2014 est.) )country comparison to the world: Exchange rates: lempiras (HNL) per US dollar - note: data are in 2017 dollarscountry comparison to the world: 120 Population below poverty line: 29.6% )country comparison to the world: (2017 est.) [see also: Inflation rate (consumer prices) country ranks ] (2017 est.) In macroeconomic terms, Honduras’ total exported goods represent 17.1% of its overall Gross Domestic Product for 2019 ($51.8 billion valued in Purchasing Power Parity US dollars). (31 December 2017 est.) While historically dependent on the export of bananas and coffee, Honduras has diversified its export base to include apparel and automobile wire harnessing. $11.32 billion (2017 est.) Inflation rate (consumer prices): (2017 est.) (2017 est.) 23.74 Central bank discount rate: expenditures: 5.283 billion (2009)country comparison to the world: government consumption: 13.8% 3.9% [see also: Labor force - by occupation - industry country ranks ] Exports - commodities: coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber [see also: Central bank discount rate country ranks ] 22.995 [see also: Debt - external country ranks ] $2.827 billion )country comparison to the world: (2016 est.) [see also: Exports country ranks ] (2016 est. Reserves of foreign exchange and gold: 3.9% $7.841 billion (2017 est.) (2015 est.) (2017 est.) Household income or consumption by percentage share: (2016 est.) Honduras, the second poorest country in Central America, suffers from extraordinarily unequal distribution of income, as well as high underemployment. 19.33% Exports - partners: US 34.5%, Germany 8.9%, Belgium 7.7%, El Salvador 7.3%, Netherlands 7.2%, Guatemala 5.2%, Nicaragua 4.8% Stock of domestic credit: 152 (2015 est.) (31 December 2010)country comparison to the world: $11.32 billion ), Stock of domestic credit: Labor force - by occupation: $11.32 billion $13.3 billion (31 December 2016 est. [see also: GDP - composition, by end use - investment in inventories country ranks ] 22.995 Budget surplus (+) or deficit (-): -2.7% (of GDP) $12.67 billion (31 December 2017 est.) (31 December 2016 est. 130 Commercial bank prime lending rate: 5.6% (31 December 2017 est.) expenditures: 5.283 billion (2014) [see also: Budget surplus (+) or deficit (-) country ranks ] 22.995 [see also: Stock of broad money country ranks ] [see also: Population below poverty line country ranks ] 98 (2017), Reserves of foreign exchange and gold: 98 [see also: Current account balance country ranks ] 6.25% [see also: Gross national saving country ranks ] (31 December 2010)country comparison to the world: Resident Representative for Honduras Jaume Puig Forne. (2017) $5,400 )country comparison to the world: [see also: Labor force - by occupation - agriculture country ranks ] $10.56 billion )country comparison to the world: (31 December 2017 est.) Main image: A girl stands next to coffins during a wake in Tegucigalpa Mon 14 Jan 2019 03.20 EST Last modified on Thu 26 Mar 2020 10.29 EDT [see also: Central bank discount rate country ranks ] (2017 est. [see also: GDP - composition, by sector of origin - agriculture country ranks ] )country comparison to the world: 152 )country comparison to the world: Annual International Trade Statistics by Country. [see also: Stock of domestic credit country ranks ] )country comparison to the world: (2017 est.) (2017 est.) (2016 est. (31 December 2016 est. [see also: Central bank discount rate country ranks ] $3.814 billion agriculture: 39.2% 120, country comparison to the world: (2016 est. $2.455 billion Exchange rates: lempiras (HNL) per US dollar - [see also: GDP - composition, by end use - exports of goods and services country ranks ] )country comparison to the world: (31 December 2016 est. Leading export coffee (US$340 million) accounted for 22% of total Honduran export revenues. Population below poverty line: 29.6% (31 December 2017 est.) $10.56 billion [see also: Exports country ranks ] $10.56 billion expenditures: 5.283 billion (2016 est.) [see also: Commercial bank prime lending rate country ranks ] (2016 est.) 22.098 5.6% 23.74 )country comparison to the world: $11.32 billion [see also: Stock of domestic credit country ranks ] (2017 est.) (31 December 2017 est.) [see also: Stock of broad money country ranks ] 123 123 (2015 est.) [see also: Imports country ranks ] (2017 est.) Press Exports - partners: US 34.5%, Germany 8.9%, Belgium 7.7%, El Salvador 7.3%, Netherlands 7.2%, Guatemala 5.2%, Nicaragua 4.8% (31 December 2017 est.) 66 22.995 $12.67 billion (2017 est.) $2.455 billion (2017 est.) [see also: Labor force - by occupation - agriculture country ranks ] $2.827 billion $8.625 billion $8.625 billion )country comparison to the world: (2017 est.) Exports: 47.1 96 $3.814 billion 98 103 19.26% [see also: Stock of narrow money country ranks ] [see also: Reserves of foreign exchange and gold country ranks ] (2016 est. [see also: Labor force - by occupation - agriculture country ranks ] (2016 est. )country comparison to the world: 22.098 [see also: Market value of publicly traded shares country ranks ] (2017 est.) (2013 est. [see also: Budget - revenues country ranks ] 23.74 Combined with the economic impact of the coronavirus pandemic, weak healthcare, and endemic corruption, damage and property loss caused by Hurricane Eta will bear down on economic activity and constrain the scope for a post-pandemic recovery in 2021. (2013 est. Reserves of foreign exchange and gold: (2017 est.) )country comparison to the world: [see also: Stock of domestic credit country ranks ] 96 (2015 est.) -$380 million (2017 est.) [see also: Imports country ranks ] 2.7% $13.3 billion (2015 est.) [see also: GDP - composition, by end use - investment in fixed capital country ranks ] $2.827 billion 82 (2017 est.) 26 Central bank discount rate: (2016 est. 19.33% government consumption: 13.8% 23.74 (2014 est.) Honduras economic growth for 2019 was $25.10B, a 4.46% increase from 2018. [see also: Household income or consumption by percentage share - lowest 10% country ranks ] Stock of domestic credit: Imports: 65 [see also: GDP - composition, by end use - imports of goods and services country ranks ] 123 )country comparison to the world: 3.9% 131 (31 December 2017 est.) (2016 est. [see also: Household income or consumption by percentage share - highest 10% country ranks ] [see also: Labor force country ranks ] [see also: Market value of publicly traded shares country ranks ] )country comparison to the world: 21.137 (2017 est.) Public debt: [see also: Central bank discount rate country ranks ] The Honduran economy has remained moderately free for the third year in a row. Exchange rates: lempiras (HNL) per US dollar - [see also: Imports country ranks ] (2017 est.) 130 (31 December 2016 est. (2016 est. (31 December 2017 est.) Market value of publicly traded shares: Budget: (31 December 2017 est.) (2016 est.) NA $4.708 billion 6.25% (2017 est.) 26 [see also: GDP - composition, by end use - exports of goods and services country ranks ] 6.25% Imports - commodities: communications equipment, machinery and transport, industrial raw materials, chemical products, fuels, foodstuffs 96 (2017 est.) (2017 est.) [see also: Labor force - by occupation - industry country ranks ] [see also: Budget surplus (+) or deficit (-) country ranks ] 19.33% Market value of publicly traded shares: (2016 est.) [see also: Budget surplus (+) or deficit (-) country ranks ] | Honduras Economy | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed, Economic Growth (GDP, annual variation in %), Inflation Rate (CPI, annual variation in %, eop), Inflation Rate (CPI, annual variation in %). note: about one-third of the people are underemployedcountry comparison to the world: (2017 est.) (2017 est.) [see also: Market value of publicly traded shares country ranks ] (2014 est.) [see also: Imports country ranks ] 123 120 (2017 est. (2016 est. (2017) industry: 28.8% (2017 est.) (2015 est.) Exports - partners: US 34.5%, Germany 8.9%, Belgium 7.7%, El Salvador 7.3%, Netherlands 7.2%, Guatemala 5.2%, Nicaragua 4.8% 120 118 [see also: Unemployment rate country ranks ] Imports - partners: US 40.3%, Guatemala 10.5%, China 8.5%, Mexico 6.2%, El Salvador 5.7%, Panama 4.4%, Costa Rica 4.2% (31 December 2016 est. (2016 est. (31 December 2017 est.) )country comparison to the world: (2017) agriculture: 14.2% Current account balance: Timeseries: 175 million. )country comparison to the world: )country comparison to the world: 19.26% $13.3 billion (2017 est.) None; Aggregates; Same region; Similar values; Highest values; Lowest values; Share Details. $10.56 billion 6.25% )country comparison to the world: (2017) (2017 est. )country comparison to the world: Stock of broad money: (2014) Fiscal year: calendar year (2015 est. (31 December 2010)country comparison to the world: 19.26% Debt - external: (2017 est.) (2016 est. Industries: sugar processing, coffee, woven and knit apparel, wood products, cigars Exports - commodities: coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber revenues: 4.658 billion (2017 est.) 22.098 (2017 est.) (2014) (31 December 2016 est. (2017) (2014 est.) (2017 est.) Stock of broad money: Percent of the world dollar - 23.74 ( 2017 est. GDP - composition, end. Loser followed by Germany and Italy, including commodity and financial markets - external: $ billion. Est. ( 31 December 2017 est. 2.827 billion ( 2017 est )... 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