Source
Central bank

Central Bank of Honduras

International Reserves

USD 3.7 billion (2015)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 21.4 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 45.7 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
6.6% 6.2% 4.2% -2.4% 3.7% 3.8% 4.1%
2013 2014 2015 2016* 2017*    
2.8% 3.1% 3.6% 3.6% 3.7%    

*Estimate

GDP per capita - current prices

USD 2,570.8 (2017, estimate)

GDP per capita - PPP

Intl$ 5,493.7 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0.04% 0.04% 0.04% 0.04% 0.04%

**Forecast

 
 
Source
GDP - composition by sector
  • agriculture: 13.8% 
  • industry: 26.6% 
  • services: 59.6%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

N/A

Inflation
2013 2014 2015 2016* 2017*
5.2% 6.1% 3.2% 3.1% 4.1%

*Estimate

Unemployment rate
2013* 2014* 2015* 2016* 2017*
3.9% 4.1% 4.0% 4.0% 4.0%

*Estimate

Household saving rates

N/A

Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
45.7% 46.5% 46.8% 48.7% 49.4%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
-7.6% -4.3% -1.4% -2% -2%

*Estimate

Government bond ratings

Standard & Poor's: B+

Moody's: B2

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
Largest companies

N/A

 
 
Source
Current account balance

USD -1.2 billion (2017 estimate)

Current account balance by percentage of GDP

-5.7% (2017 estimate)

Exports as percent of GDP (Exports of goods and services)

44.8% (2015)

Shares in world total merchandising export

0.05% (2015)

Shares in world total commercial services export

0.06% (2015)

Total exports

USD 8.2 billion (2016 estimate)

Export commodities

Coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber

Total imports

USD 11.3 billion (2016 estimate)

 
 
Source
Import commodities

Communications equipment, machinery and transport, industrial raw materials, chemical products, fuels, foodstuffs

Exports - major partners

US 36%, Germany 8.7%, El Salvador 8.5%, Guatemala 6%, Nicaragua 5.6%, Netherlands 4.1% (2015)

Imports - major partners

US 35.2%, China 13.6%, Guatemala 9.2%, Mexico 6.6%, El Salvador 5.1% (2015)

FDI inflows
2013 2014 2015
USD 1,060 million USD 1,144 million USD 1,204 million
FDI outflows
2013 2014 2015
USD 68 million USD 24 million USD 91 million
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
N/A USD 103.5 million N/A N/A
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 105 out of 190 countries (2017)

Subcategories:

Starting a business: 148 out of 190 countries

Enforcing Contracts: 151 out of 190 countries

Registering Property: 85 out of 190 countries

Getting Credit: 7 out of 190 countries

Protecting Minority Investors: 132 out of 190 countries

Trading Across Borders: 109 out of 190 countries

Paying Taxes: 152 out of 190 countries

Dealing with Construction Permits: 84 out of 190 countries

Getting Electricity: 144 out of 190 countries

Resolving Insolvency: 139 out of 190 countries

Global competitiveness ranking

88 out of 138 countries

(2016-2017)

Index of Economic Freedom

Ranking: 113 / Score: 57.74 (Mostly unfree) (2016)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC-6

Total area

112,090 sq km

Capital

Tegucigalpa

Currency

Lempiras (HNL) 

Government type

Presidential republic

Languages

Spanish (official), Amerindian dialects

Religions

Roman Catholic 97%, Protestant 3%

Total population
1990 2000 2010* 2016* 2021*
4.903 million 6.243 million 7.504 million 8.203 million 8.839 million

*Estimate

 
 
Source
Urban population as % of total population
1960 1980 2000 2015
23% 35% 46% 55%
Population median age

22.6 years (2016 estimate)

Population growth rate

1.64% (2016 estimate)

Life expectancy

71.1 years (2016 estimate)

Literacy

Total population: 88.5%
Male: 88.4%
Female: 88.6% (2015 est.)

(age 15 and over can read and write)

% of population living on less than $3.10 a day

13% (2014)

Inequality of wealth distribution (Gini index)

50.6 (2014)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 4
Civil Liberties: 4 (2017)                         

(1 represents the most free, 7 the least free rating)

Source
Total telephone subscribers as % of population

Fixed 5.90%   Mobile 95.54% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

20.36% (2015)

Mercer Cost of living index

Tegucigalpa: 188th (2016)

CO2 emissions

1.2 (2013)

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