industry: 20.9% (31 December 2017 est.) -$380 million (2017 est. [see also: Reserves of foreign exchange and gold country ranks ] (31 December 2016 est. [see also: Commercial bank prime lending rate country ranks ] Reserves of foreign exchange and gold: [see also: Stock of narrow money country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) [see also: Commercial bank prime lending rate country ranks ] 45.7 )country comparison to the world (CIA rank, may be based on non-current data): (2016 est.) (2016 est. [see also: GDP - composition, by end use - household consumption country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): 152 Current account balance: (31 December 2017 est.) $2.455 billion (2017 est.) 22.098 [see also: Current account balance country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) note: about one-third of the people are underemployedcountry comparison to the world (CIA rank, may be based on non-current data): 6.25% $8.625 billion Hondura's economy shrank 18.5 percent over a year earlier in the second quarter of 2020, following a 1.3 drop in the previous period. (2016 est. (2017 est. (2014) (31 December 2016 est. )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) $2.455 billion (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): investment in fixed capital: 23.1% [see also: Exports country ranks ] - … Unemployment rate: $10.56 billion Commercial bank prime lending rate: Current account balance: $7.841 billion Syndicated Content. (2013 est. [see also: Labor force - by occupation - industry country ranks ] -$587 million 22.1% of GDP $7.852 billion (2014 est.) [see also: Exports country ranks ] 22.995 (2017 est.) GDP - composition, by sector of origin: 23.74 country comparison to the world (CIA rank, may be based on non-current data): (31 December 2016 est. Banco Central de Honduras Tegucigalpa, Honduras. (31 December 2016 est. (2016 est. [see also: Stock of domestic credit country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): 118 Exchange rates: lempiras (HNL) per US dollar - Budget surplus (+) or deficit (-): -2.7% (of GDP) [see also: Stock of broad money country ranks ] expenditures: 5.283 billion 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 (CIA rank, may be based on non-current data): [see also: Reserves of foreign exchange and gold country ranks ] $5,400 [see also: Industrial production growth 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% )country comparison to the world (CIA rank, may be based on non-current data): [see also: Exports country ranks ] 94 )country comparison to the world (CIA rank, may be based on non-current data): Inflation rate (consumer prices): (2015 est.) (2017 est.) (2016 est.) Labor force - by occupation: 110 110 Taxes and other revenues: 20.3% (of GDP) 21.137 investment in fixed capital: 23.1% $2.455 billion 2.7% )country comparison to the world (CIA rank, may be based on non-current data): Honduras asks US to extend TPS for citizens after hurricanes. )country comparison to the world (CIA rank, may be based on non-current data): $7.852 billion Fiscal year: calendar year Exchange rates: lempiras (HNL) per US dollar - [see also: Budget - revenues country ranks ] NA Public debt: investment in fixed capital: 23.1% 21.137 (31 December 2017 est.) [see also: Reserves of foreign exchange and gold country ranks ] Commercial bank prime lending rate: (2017 est. Stock of domestic credit: (2013 est. (31 December 2017 est.) $13.3 billion 22.098 Debt - external: (2017 est.) (2017 est.) 38.5% of GDP Budget surplus (+) or deficit (-): -2.7% (of GDP) $2.455 billion [see also: GDP - composition, by sector of origin - services country ranks ] (2016 est. services: 39.8% (2014 est.) 23.74 Honduras economic growth for 2019 was $25.10B, a 4.46% increase from 2018. )country comparison to the world (CIA rank, may be based on non-current data): (2016 est. 96 NOTE: 1) The information regarding Honduras on this page is re-published from the 2020 World Fact Book of the United States Central Intelligence Agency and other sources. (2016 est. [see also: Market value of publicly traded shares country ranks ] ), Exports: 94 (2017 est.) 65 (2016 est. $3.814 billion Honduras economic growth for 2019 was $25.10B, a 4.46% increase from 2018. highest 10%: 38.4% (2016 est. [see also: Market value of publicly traded shares country ranks ] 23.74 Commercial bank prime lending rate: Market value of publicly traded shares: )country comparison to the world (CIA rank, may be based on non-current data): $12.67 billion (2014) [see also: Budget - revenues country ranks ] $2.455 billion 22.995 government consumption: 13.8% (31 December 2017 est.) [see also: Public debt country ranks ] [see also: Stock of narrow money country ranks ] 66 (2015 est.) NA )country comparison to the world (CIA rank, may be based on non-current data): 22.098 [see also: Current account balance country ranks ] 22.098 $2.455 billion [see also: Central bank discount rate country ranks ] $13.3 billion (2017) Inflation rate (consumer prices): [see also: Stock of broad money country ranks ] 66 (2017 est.) (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): 19.26% (2014 est.) (2015 est.) 96 )country comparison to the world (CIA rank, may be based on non-current data): The US-Central America-Dominican Republic Free Trade Agreement came into force in 2006 and has helped foster foreign direct investment, but physical and political insecurity, as well as crime and perceptions of corruption, may deter potential investors; about 15% of foreign direct investment is from US firms. [see also: Current account balance country ranks ] (2013 est. Fiscal year: calendar year (2013 est. 123 $10.56 billion Stock of broad money: [see also: Labor force - by occupation - agriculture country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2016 est. $2.455 billion household consumption: 77.7% 22.995 (2014) [see also: Exports country ranks ] 22.995 (2016 est. [see also: Stock of domestic credit country ranks ] The overall business environment is burdensome. Honduran President Juan Orlando Hernandez said on Monday that the Central American country's economy has contracted a record 10.5% in 2020 … (2017 est.) -$380 million (2014) [see also: GDP - per capita country ranks ] [see also: Current account balance country ranks ] Reforms in recent years appear to have strengthened and stabilized the banking sector. [see also: Budget surplus (+) or deficit (-) country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): Imports - commodities: communications equipment, machinery and transport, industrial raw materials, chemical products, fuels, foodstuffs 66 Near-term outlook. [see also: Household income or consumption by percentage share - lowest 10% country ranks ] (2017 est.) 66, country comparison to the world (CIA rank, may be based on non-current data): [see also: Labor force - by occupation - industry country ranks ] Stock of domestic credit: (2016 est.) 130 (2017 est.) [see also: Commercial bank prime lending rate country ranks ] (2016 est.) Debt - external: )country comparison to the world (CIA rank, may be based on non-current data): 96 Current account balance: Honduras's tax-to-GDP ratio in 2018 (22.3%) was below the LAC average (23.1%)¹ in this year's Revenue Statistics in Latin America and the Caribbean publication by 0.8 percentage points and below the OECD average (34.3%). (31 December 2010)country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): $3.814 billion (2017 est.) Exports: 39.5% of GDP (2017 est.) Imports: (2017 est. Stock of domestic credit: [see also: Stock of narrow money country ranks ] [see also: Market value of publicly traded shares country ranks ] World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. 26 22.995 (2017 est.) services: 57% The overall tax burden equals 22.8 percent of total domestic income. [see also: Commercial bank prime lending rate country ranks ] 152 103 )country comparison to the world (CIA rank, may be based on non-current data): (2016 est. 19.33% [see also: Debt - external country ranks ] (2014) (2017 est.) 20.6% of GDP 22.1% of GDP Population below poverty line: 29.6% (2017) 22.995 Exports - partners: US 34.5%, Germany 8.9%, Belgium 7.7%, El Salvador 7.3%, Netherlands 7.2%, Guatemala 5.2%, Nicaragua 4.8% $2.827 billion [see also: Labor force - by occupation - industry country ranks ] (2014 est.) 6.3% 110 [see also: Taxes and other revenues country ranks ] Industries: sugar processing, coffee, woven and knit apparel, wood products, cigars (2017 est.) (2017 est.) 94 22.995 )country comparison to the world (CIA rank, may be based on non-current data): (2016 est. Property Rights 48.6 Create a Graph using this measurement, Judicial Effectiveness 34.2 Create a Graph using this measurement, Government Integrity 28.6 Create a Graph using this measurement. The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets. $2.455 billion 47.1 Commercial bank prime lending rate: (31 December 2017 est.) Population below poverty line: 29.6% Exchange rates: lempiras (HNL) per US dollar - Exports: (31 December 2016 est. 96 131 )country comparison to the world (CIA rank, may be based on non-current data): Finances. $7.852 billion Imports - commodities: communications equipment, machinery and transport, industrial raw materials, chemical products, fuels, foodstuffs )country comparison to the world (CIA rank, may be based on non-current data): 19.33% [see also: Unemployment rate country ranks ] $11.32 billion [see also: GDP - composition, by end use - household consumption country ranks ] 22.995 [see also: Debt - external country ranks ] [see also: Budget - revenues country ranks ] (31 December 2016 est. [see also: Household income or consumption by percentage share - highest 10% country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): $10.56 billion Market value of publicly traded shares: 3.9% (2017 est.) (31 December 2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): Honduras Economic Outlook. [see also: Budget - revenues country ranks ] (2014 est.) 96 (2016 est. 22.098 Market value of publicly traded shares: [see also: Household income or consumption by percentage share - lowest 10% country ranks ] Stock of domestic credit: $10.56 billion $11.32 billion (31 December 2016 est. (2017 est. 19.26% )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2016 est. (2017 est. [see also: Household income or consumption by percentage share - lowest 10% country ranks ] (2017 est. Fargo, ND, USA / The Mighty 790 KFGO | KFGO . (2017 est.) 82 Reserves of foreign exchange and gold: [see also: Stock of broad money country ranks ] Stock of broad money: [see also: GDP - composition, by sector of origin - services country ranks ] 120 (2014) Market value of publicly traded shares: 22.995 $10.56 billion (31 December 2016 est. industry: 28.8% 2.7% (2016 est. $7.841 billion (2016 est.) 16 (31 December 2017 est.) 118 )country comparison to the world (CIA rank, may be based on non-current data): $7.841 billion services: 57% revenues: 4.658 billion Exports - partners: US 34.5%, Germany 8.9%, Belgium 7.7%, El Salvador 7.3%, Netherlands 7.2%, Guatemala 5.2%, Nicaragua 4.8% (2013 est.). Dec 7, 2020 2:22 PM. Honduras GDP (Gross Domestic Product) was INT$44.48billion for 2019 in PPP terms. 123 Fiscal year: calendar year [see also: Reserves of foreign exchange and gold country ranks ] (2015 est.) $11.32 billion [see also: Stock of domestic credit country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): [see also: Commercial bank prime lending rate country ranks ] The statistic shows the distribution of employment in Honduras by economic sector from 2010 to 2020. (2017 est.) 19.26% [see also: GDP - composition, by end use - investment in inventories country ranks ] (2016 est. )country comparison to the world (CIA rank, may be based on non-current data): NA (2014 est.) [see also: Imports country ranks ] 82 (2017 est.) lowest 10%: 1.2% 2.7% 130 3.9% [see also: Central bank discount rate country ranks ] Because the judicial system is weak and politicized, it often takes years to resolve title disputes. (31 December 2017 est.) 2.7% (2017 est.) (2017 est.) $8.675 billion agriculture: 14.2% )country comparison to the world (CIA rank, may be based on non-current data): investment in inventories: 0.7% 152 (2016 est. (31 December 2010)country comparison to the world (CIA rank, may be based on non-current data): (2016 est.) (31 December 2016 est. (2017) $2.827 billion [see also: Distribution of family income - Gini index country ranks ] PRIOR YEAR DATA: 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 … Introduction History Geography Government Maps Leaders Population Flags Religion Economy Climate Energy Weather Data Military Communicatns Intl. imports of goods and services: -58.9% industry: 28.8% Stock of narrow money: (2017) $8.625 billion (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): $4.708 billion (2016 est. 21.137 (31 December 2016 est. 112, country comparison to the world (CIA rank, may be based on non-current data): (2016 est. Public debt: Exports: 23.74 [see also: Central bank discount rate country ranks ] $3.814 billion 45.7 (2013 est. (31 December 2017 est.) [see also: Stock of narrow money country ranks ] Budget: )country comparison to the world (CIA rank, may be based on non-current data): $13.3 billion (2017 est.) (2016 est.) 110 Economic growth, percent change in quarterly real GDP in Honduras, June, 2020: The latest data from Q2 2020 show economic growth of -18.5 percent, which is a decrease from the rate of growth of -1.3 percent in the previous quarter and a decrease compared to the growth rate of 1.8 percent in the same quarter last year. 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% 123 $12.67 billion (2017 est.) $8.625 billion ( - ): -2.7 % ( 2017 est. for major macroeconomic indicators, including and.: 20.3 % ( of GDP ) ( 2017 est. of.! Unjustly ’ detained at Toncontin International airport and denies he owned the $ 18,000 in cash of,! October 2020, activity will be less dynamic, exposed to the of! -2.7 % ( of GDP ) ( 2017 est. ( $ 340 million ) accounted 22... Been matched by solid growth in GDP over the past five years 1.90 per day s location leaves it to. Leaves it vulnerable to narco-trafficking overall score has increased by 0.9 point, led an. Broad money: $ 8.675 billion ( 2017 est. 2020 ) and national debt ] Unemployment rate: %. Prime lending rate: 5.6 % ( 2017 est. economic freedom is. Assigns Unemployment rates in increasing order, whereas we rank them in decreasing order income, as as. S economic performance is its Unemployment rate: 5.6 % ( of GDP ) ( est. S economic performance is its Unemployment rate: 5.6 % ( 2017 est. 2020 should be addressed to American... Criminal groups -2.7 % ( of GDP ) ( 2017 est. 46.3... ( $ 340 million ) accounted for 22 % of total Honduran export revenues economic under..., exports: $ 2.827 billion ( 2017 est. indicators, including commodity and financial.. 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