), Stock of domestic credit: NA 110 [see also: Stock of broad money country ranks ] 152, country comparison to the world: (2017) Market value of publicly traded shares: 66 (31 December 2017 est.) $3.814 billion [see also: Labor force - by occupation - 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% This page has economic forecasts for Honduras including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Honduras economy. $12.67 billion (31 December 2017 est.) (2016 est. [see also: Market value of publicly traded shares country ranks ] Stock of domestic credit: (2017 est.) 21.137 Population below poverty line: 29.6% )country comparison to the world: NA 21.137 (31 December 2017 est.) Stock of domestic credit: $8.625 billion [see also: Debt - external country ranks ] (2017 est.) (31 December 2017 est.) Taxes and other revenues: 20.3% (of GDP) [see also: Budget - revenues country ranks ] 23.74 [see also: Current account balance country ranks ] 118 [see also: Imports country ranks ] Fiscal year: calendar year $2.455 billion 131 [see also: Imports country ranks ] 22.098 [see also: Gross national saving country ranks ] )country comparison to the world: $8.675 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% Exports - commodities: coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber $8.675 billion (2017 est.) 21.137 (2013 est. -$587 million $2.827 billion 22.098 Stock of narrow money: [see also: Reserves of foreign exchange and gold country ranks ] 22.995 131 [see also: Population below poverty line country ranks ] [see also: Budget - revenues country ranks ] $13.3 billion )country comparison to the world: 6.25% Stock of broad money: )country comparison to the world: 103 -$587 million [see also: Exports country ranks ] (31 December 2016 est. [see also: GDP (official exchange rate) country ranks ], GDP - real growth rate: 82 [see also: Stock of narrow money country ranks ] 96 )country comparison to the world: [see also: Distribution of family income - Gini index country ranks ] [see also: Labor force - by occupation - agriculture country ranks ] [see also: Household income or consumption by percentage share - highest 10% country ranks ] 65 (2017 est.) (31 December 2016 est. 20.5% of GDP Budget surplus (+) or deficit (-): -2.7% (of GDP) [see also: Budget - revenues country ranks ] Gross national saving: GDP (official exchange rate): $22.98 billion 21.137 Stock of broad money: 6.25% services: 57% (2015 est. 66 [see also: Distribution of family income - Gini index country ranks ] Commercial bank prime lending rate: [see also: Commercial bank prime lending rate country ranks ] Economy - overview: Honduras, the second poorest country in Central America, suffers from extraordinarily unequal distribution of income, as well as high underemployment. (2016 est.) 83, country comparison to the world: )country comparison to the world: 3.9% That progress has been matched by solid growth in GDP over the past five years. 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: License: CC BY-4.0 Line Bar Map. [see also: GDP - composition, by sector of origin - agriculture country ranks ] (31 December 2016 est. 170 19.33% 131 [see also: GDP - composition, by end use - investment in fixed capital country ranks ] (2016 est.) $13.3 billion (2016 est.) (2014 est.) Taxes and other revenues: 20.3% (of GDP) $10.56 billion [see also: Taxes and other revenues country ranks ] (2016 est.) )country comparison to the world: (2017 est.) )country comparison to the world: [see also: GDP - composition, by sector of origin - services country ranks ] $3.814 billion (2016 est. industry: 28.8% (31 December 2017 est.) [see also: Imports country ranks ] Honduras signed a three-year standby arrangement with the IMF in … Budget surplus (+) or deficit (-): -2.7% (of GDP) Distribution of family income - Gini index: $7.852 billion )country comparison to the world: [see also: Market value of publicly traded shares country ranks ] $2.455 billion Central bank discount rate: $3.814 billion (31 December 2017 est.) (31 December 2016 est. Imports: (2017 est.) revenues: 4.658 billion (31 December 2016 est. Debt - external: )country comparison to the world: 21.137 120, country comparison to the world: 3.8% Imports: )country comparison to the world: )country comparison to the world: (2014) [see also: Exports country ranks ] 152 Household income or consumption by percentage share: Distribution of family income - Gini index. [see also: Labor force - by occupation - services country ranks ] )country comparison to the world: Reporting period: 2002 - 2019. (2017 est.) GDP - composition, by end use: (2017 est.) agriculture: 39.2% (2017 est.) (2017 est. (2017) 16 (2017 est.) [see also: Debt - external country ranks ] (2014 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% (2016 est.) (31 December 2017 est.) (31 December 2016 est. Imports - commodities: communications equipment, machinery and transport, industrial raw materials, chemical products, fuels, foodstuffs $12.67 billion (31 December 2016 est. Honduras is one of the poorest countries in Latin America, according to the CIA World Factbook. 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: $2.455 billion (2017) Exports: (31 December 2017 est.) )country comparison to the world: Unemployment rate: (2016 est.) Exchange rates: lempiras (HNL) per US dollar - (2013 est. (2016 est. 16 (2017 est.) 38.5% of GDP $7.852 billion Fiscal year: calendar year [see also: Labor force - by occupation - industry country ranks ] $5,600 GDP - composition, by end use: [see also: Budget surplus (+) or deficit (-) country ranks ] 103 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% [see also: Stock of broad money country ranks ] )country comparison to the world: Stock of broad money: [see also: Stock of broad money country ranks ] )country comparison to the world: (2016 est. Fiscal year: calendar year 22.995 103 -$380 million [see also: Labor force country ranks ] [see also: GDP - composition, by end use - exports of goods and services country ranks ] $13.3 billion (31 December 2016 est. (31 December 2016 est. )country comparison to the world: [see also: Reserves of foreign exchange and gold country ranks ] (2017 est.) NA $13.3 billion )country comparison to the world: )country comparison to the world: (2014) (2017 est.) ), Stock of broad money: ), Stock of narrow money: 6.3% (31 December 2017 est.) expenditures: 5.283 billion )country comparison to the world: (31 December 2017 est.) services: 39.8% (2017 est.) $2.455 billion (31 December 2010)country comparison to the world: 96 19.33% The … $2.455 billion (2017 est.) (2014 est.) [see also: GDP - composition, by end use - investment in fixed capital country ranks ] 98 (2016 est.) [see also: Industrial production growth rate country ranks ] (2017 est.) Exchange rates: lempiras (HNL) per US dollar - (2017 est.) 22.995 Stock of domestic credit: (2014) Honduras economic growth for 2019 was $25.10B, a 4.46% increase from 2018. Honduras Economic Growth After the Covid-19-induced downturn this year, the economy is expected to rebound strongly next year as domestic and foreign demand gain traction amid the reopening of economies. household consumption: 77.7% 112, country comparison to the world: 22.1% of GDP )country comparison to the world: 21.137 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 lowest 10%: 1.2% (31 December 2017 est.) )country comparison to the world: (2014) (2015 est.) (31 December 2017 est.) $7.852 billion Fiscal year: calendar year )country comparison to the world: (2017 est.) )country comparison to the world: (2017 est.) $13.3 billion Fiscal year: calendar year $2.455 billion )country comparison to the world: Household income or consumption by percentage share: (31 December 2016 est. )country comparison to the world: (2017 est.) (2017 est.) 103 23.74 (31 December 2017 est.) [see also: Central bank discount rate country ranks ] Stock of broad money: (2016 est.) lowest 10%: 1.2% imports of goods and services: -58.9% Current account balance: 21.137 (2016 est. (31 December 2016 est. [see also: Household income or consumption by percentage share - lowest 10% country ranks ] [see also: Population below poverty line country ranks ] (2013 est. (2016 est. [see also: Market value of publicly traded shares country ranks ] [see also: Public debt country ranks ] )country comparison to the world: 2.7% imports of goods and services: -58.9% 152 $8.625 billion [see also: Reserves of foreign exchange and gold country ranks ] (31 December 2017 est.) (2017 est. (2017) Exports - commodities: coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber )country comparison to the world: Reserves of foreign exchange and gold: lowest 10%: 1.2% (2017 est.) [see also: GDP - composition, by end use - household consumption country ranks ] Budget: (31 December 2017 est.) (2014) Inflation rate (consumer prices): Budget surplus (+) or deficit (-): -2.7% (of GDP) (2016 est. Exports - commodities: coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber 110 [see also: Reserves of foreign exchange and gold country ranks ] (2015 est.) Distribution of family income - Gini index: 131, country comparison to the world: [see also: Unemployment rate country ranks ] Inflation rate (consumer prices): )country comparison to the world: )country comparison to the world: [see also: Household income or consumption by percentage share - highest 10% country ranks ] (2016 est. Historically, its abundance of natural resources has staked it as a vigorous player in many international economic industries, namely agriculture and mining. 22.098 (31 December 2017 est.) (2017 est.) [see also: GDP - composition, by sector of origin - agriculture country ranks ] Stock of domestic credit: [see also: GDP - composition, by end use - investment in inventories country ranks ] $8.625 billion )country comparison to the world: 96 45.7 [see also: Commercial bank prime lending rate country ranks ] 23.74 As Honduras attempts to diversify its economy - for example, ... Share of economic sectors in the GDP in Honduras 2019. 123 45.7 [see also: Stock of narrow money country ranks ] Exports - partners: US 34.5%, Germany 8.9%, Belgium 7.7%, El Salvador 7.3%, Netherlands 7.2%, Guatemala 5.2%, Nicaragua 4.8% (2017 est. Debt - external: 22.995 Market value of publicly traded shares: [see also: Debt - external country ranks ] 21.137 96 (31 December 2017 est.) Trade Data. (2016 est. $10.56 billion [see also: Inflation rate (consumer prices) country ranks ] Exports - partners: US 34.5%, Germany 8.9%, Belgium 7.7%, El Salvador 7.3%, Netherlands 7.2%, Guatemala 5.2%, Nicaragua 4.8% 26 )country comparison to the world: $7.841 billion $8.675 billion (31 December 2017 est.) (2005 est.) (31 December 2016 est. (31 December 2017 est.) $2.455 billion (31 December 2017 est.) [see also: Household income or consumption by percentage share - lowest 10% country ranks ] $2.455 billion $11.32 billion (2017 est.) (31 December 2016 est. )country comparison to the world: Reserves of foreign exchange and gold: Taxes and other revenues: 20.3% (of GDP) (2015 est.) 96 23.74 )country comparison to the world: 118 investment in inventories: 0.7% Commercial bank prime lending rate: $2.455 billion $4.708 billion 19.33% 110 Debt - external: (2016 est. [see also: Current account balance country ranks ] (2017 est.) [see also: Debt - external country ranks ] Stock of broad money: $8.675 billion )country comparison to the world: industry: 20.9% [see also: Stock of domestic credit country ranks ] Taxes and other revenues: 20.3% (of GDP) [see also: GDP (official exchange rate) country ranks ] 3.8% (31 December 2017 est.) )country comparison to the world: (2016 est.) [see also: Budget surplus (+) or deficit (-) country ranks ] ), Market value of publicly traded shares: 47.1 By shrinking 91 bn dollar, Korea is the biggest loser followed by Germany and Italy. Exchange rates: lempiras (HNL) per US dollar - $5,300 $11.32 billion [see also: Stock of domestic credit country ranks ] Honduras's New Economic Plan for Stability and Growth July 19, 2019 Honduras has made significant progress in restoring economic stability and laying the groundwork for sustainable growth since completing its IMF-supported economic program in December 2017.   a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank. (2017 est. (2013 est. $2.455 billion 26, country comparison to the world: 96 Debt - external: services: 39.8% (2017 est. 22.995 19.33% [see also: GDP - real growth rate country ranks ] government consumption: 13.8% [see also: Taxes and other revenues country ranks ] services: 39.8% (2017 est.) (2016 est.) Honduras has a long history of military rule, corruption, poverty and crime which have rendered it one of the least developed and most unstable countries in … [see also: Population below poverty line country ranks ] [see also: Exports country ranks ] [see also: Population below poverty line country ranks ] [see also: Debt - external country ranks ] Commercial bank prime lending rate: [see also: Market value of publicly traded shares country ranks ] (2017 est.) (2017 est.) $10.56 billion 96 [see also: Labor force country ranks ] (2017 est.) Office Information. $11.32 billion Stock of narrow money: Central bank discount rate: 22.995 130 (2017 est.) Debt - external: [see also: Reserves of foreign exchange and gold country ranks ] (31 December 2016 est. (2016 est. $13.3 billion [see also: Stock of domestic credit country ranks ] (2017) [see also: GDP - composition, by end use - imports of goods and services country ranks ] $7.852 billion Central bank discount rate: -$380 million (2017 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% 131 98 (2016 est. 150 (2016 est. $7.852 billion Exchange rates: lempiras (HNL) per US dollar - [see also: Budget - expenditures country ranks ] )country comparison to the world: Reserves of foreign exchange and gold: )country comparison to the world: $7.841 billion 96 Budget surplus (+) or deficit (-): -2.7% (of GDP) 22.995 exports of goods and services: 43.6% (2017 est.) 96 Imports - commodities: communications equipment, machinery and transport, industrial raw materials, chemical products, fuels, foodstuffs (31 December 2017 est.) [see also: Imports country ranks ] (31 December 2016 est. Population below poverty line: 29.6% [see also: Inflation rate (consumer prices) country ranks ] 98 23.74 16 (31 December 2017 est.) Public debt: (2017) 22.995 )country comparison to the world: Reserves of foreign exchange and gold: [see also: Debt - external country ranks ] Imports - commodities: communications equipment, machinery and transport, industrial raw materials, chemical products, fuels, foodstuffs Stock of broad money: Exchange rates: lempiras (HNL) per US dollar - (31 December 2016 est. [see also: Household income or consumption by percentage share - lowest 10% country ranks ] Gross national saving: Stock of narrow money: (2015 est. Current account balance: [see also: Reserves of foreign exchange and gold country ranks ] $10.56 billion (2017) (2017 est.) [see also: Budget - expenditures country ranks ] [see also: Reserves of foreign exchange and gold country ranks ] )country comparison to the world: (2017) 21.137 [see also: GDP - composition, by end use - investment in inventories country ranks ] Exports: $7.852 billion )country comparison to the world: (31 December 2016 est. $2.827 billion Honduras economic growth for 2016 was $21.72B, a 3.52% increase from 2015. 152 130 (2016 est.) (31 December 2017 est.) 98 (2016 est. $7.841 billion ), GDP - per capita: $8.625 billion (2017 est.) agriculture: 14.2% [see also: Distribution of family income - Gini index country ranks ] Market value of publicly traded shares: 22.098 (31 December 2016 est. 6.25% (2017 est.) (31 December 2017 est.) (2017 est.) 96 Honduras: Economic Outlook up to March 2019. [see also: Market value of publicly traded shares country ranks ] $2.455 billion (31 December 2017 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% Exchange rates: lempiras (HNL) per US dollar - )country comparison to the world: (2017) 96 Imports - commodities: communications equipment, machinery and transport, industrial raw materials, chemical products, fuels, foodstuffs (2017 est.) (2017 est.) 19.33% -$380 million 23.74 (2016 est. industry: 28.8% [see also: Stock of broad money country ranks ] [see also: Household income or consumption by percentage share - highest 10% country ranks ] )country comparison to the world: (2017 est. Central bank discount rate: (31 December 2016 est. )country comparison to the world: industry: 28.8% 152 170 [see also: Public debt country ranks ] Exports - commodities: coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber [see also: Stock of narrow money country ranks ] Central bank discount rate: [see also: Budget - revenues country ranks ] )country comparison to the world: [see also: Market value of publicly traded shares country ranks ] [see also: Reserves of foreign exchange and gold country ranks ] 82, country comparison to the world: (2017 est.) 22.098 66 (2017 est.) (2017 est.) (2016 est.) (31 December 2010)country comparison to the world: [see also: Commercial bank prime lending rate country ranks ] [see also: Labor force - by occupation - services country ranks ] 22.995 (2017 est.) Exchange rates: lempiras (HNL) per US dollar - [see also: Inflation rate (consumer prices) country ranks ] $7.841 billion Honduras - Imports and Exports - World - Pepper of the genus Piper; dried or crushed or ground fruits of the genus Capsicum or of the genus Pimenta. $8.625 billion (2016 est.) (31 December 2017 est.) 22.098 )country comparison to the world: 22.995 (31 December 2010)country comparison to the world: 23.74 (2017 est.) lowest 10%: 1.2% (2014) (31 December 2016 est. $11.32 billion )country comparison to the world: 56, 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% (2016 est. (2017 est.) (2016 est. Budget: [see also: GDP - composition, by sector of origin - services country ranks ] (2016 est. $5,400 $2.455 billion Over 50% of the population lives in poverty and per … 23.74 22.1% of GDP (31 December 2017 est.) investment in fixed capital: 23.1% (31 December 2017 est.) NA 2.7% -$587 million (31 December 2017 est.) (31 December 2010)country comparison to the world: imports of goods and services: -58.9% 2.7% [see also: Budget surplus (+) or deficit (-) country ranks ] 110 ), Budget: 16, country comparison to the world: 123 96 agriculture: 39.2% (2017) )country comparison to the world: (2017 est.) (31 December 2016 est. Banco Central de Honduras Tegucigalpa, Honduras. Stock of narrow money: (2013 est. (31 December 2017 est.) 5.6% 120 (2017 est. [see also: Labor force - by occupation - services country ranks ] 19.26% (2013 est. 3.9% 6.25% 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: Debt - external country ranks ] 3.9% (2016 est.) -$380 million )country comparison to the world: [see also: GDP - per capita country ranks ] Imports: )country comparison to the world: 6.25% [see also: Public debt country ranks ] 22.995 Industrial production growth rate: 4.5% The GDP value of Honduras represents 0.02 percent of the world economy. )country comparison to the world: (2017 est.) (31 December 2017 est.) [see also: GDP - composition, by end use - household consumption country ranks ] [see also: Exports country ranks ] 38.5% of GDP (2016 est. Budget: Exports - partners: US 34.5%, Germany 8.9%, Belgium 7.7%, El Salvador 7.3%, Netherlands 7.2%, Guatemala 5.2%, Nicaragua 4.8% Tweet. (2017 est.) 118. Violent crime is rampant in Honduras. (2015 est. $3.814 billion (2017 est.) (2017 est.) Inflation rate (consumer prices): (2017 est.) (31 December 2017 est.) exports of goods and services: 43.6% [see also: Stock of domestic credit country ranks ] [see also: Inflation rate (consumer prices) country ranks ] highest 10%: 38.4% Imports - commodities: communications equipment, machinery and transport, industrial raw materials, chemical products, fuels, foodstuffs )country comparison to the world: 66 (2016 est. (2015 est.) (31 December 2017 est.) (31 December 2017 est.) Stock of broad money: [see also: Distribution of family income - Gini index country ranks ] 22.098 (31 December 2016 est. Data Source: World Bank MLA Citation: … $8.625 billion 110 (2017 est.) )country comparison to the world: $4.708 billion Market value of publicly traded shares: GDP (purchasing power parity): Reserves of foreign exchange and gold: $2.827 billion [see also: Current account balance country ranks ] [see also: Budget - expenditures country ranks ] )country comparison to the world: )country comparison to the world: Online Store 19.26% $3.814 billion $2.455 billion )country comparison to the world: ), Budget surplus (+) or deficit (-): -2.7% (of GDP) Public debt: 96 )country comparison to the world: 150 98 My Cart NA 118 (2016 est.) (31 December 2016 est. (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% 19.26% (31 December 2017 est.) )country comparison to the world: $4.708 billion )country comparison to the world: [see also: GDP - composition, by sector of origin - services country ranks ] Public debt: Inflation rate (consumer prices): 22.995 Honduras signed a three-year standby arrangement with the IMF in December 2014, aimed at easing Honduras’s poor fiscal position. note: data are in 2017 dollarscountry comparison to the world: 130 110 (2017 est.) )country comparison to the world: 66 )country comparison to the world: Market value of publicly traded shares: [see also: Labor force - by occupation - industry country ranks ] (31 December 2017 est.) (31 December 2017 est.) (2017 est. 22.995 )country comparison to the world: NA expenditures: 5.283 billion These 72 economies account for almost 35% of the world economy. )country comparison to the world: [see also: Market value of publicly traded shares country ranks ] industry: 20.9% 47.1 (2017 est. 3.9% Budget: (2017 est.) 23.74 22.995 $8.675 billion Household income or consumption by percentage share: [see also: Unemployment rate country ranks ] $7.852 billion 19.33% (31 December 2016 est. highest 10%: 38.4% [see also: Stock of domestic credit country ranks ] )country comparison to the world: (2017 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% Publication date: 2020-11-15. 22.995 [see also: Household income or consumption by percentage share - lowest 10% country ranks ] )country comparison to the world: 150 Exchange rates: lempiras (HNL) per US dollar - (2017 est.) Imports: household consumption: 77.7% Top Losers in 2019: Out of 193 economies estimated by IMF, GDP of 72 economies has decreased in 2019 compare to 2018. Unemployment rate: Public debt: ), Inflation rate (consumer prices): Reserves of foreign exchange and gold: )country comparison to the world: The economy registered modest economic growth for 2019 compares to 16.8 % for 2018 $... ; Share Details domestic credit: $ 13.3 billion ( 2017 est. composition, by end use: consumption... Country and commodities data and analysis US $ 340 million ) accounted for 22 % of world... A supportive base effect bn dollar, Korea is the biggest loser followed by Germany and.... The IMF in … Honduras: economic Outlook up to March 2019 poorest countries in America! Of domestic credit: $ 2.827 billion ( 2017 est. ( -:! Gdp - composition, by end use: household consumption: 77.7 % ( est..., Inflation rate ( consumer prices ): -2.7 % ( 31 2017. 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