(31 December 2017 est.) 3.9% (2016 est. )country comparison to the world: (2014) Stock of domestic credit: Reserves of foreign exchange and gold: (2017 est.) 123 GDP - composition, by sector of origin: (2017 est.) No claims are made regarding the accuracy of Honduras Economy 2019 information contained here. ), Market value of publicly traded shares: (2014) $2.455 billion (31 December 2017 est.) )country comparison to the world: [see also: GDP - composition, by end use - investment in fixed capital country ranks ] My Cart (2017 est.) lowest 10%: 1.2% 22.995 $7.841 billion (2016 est.) (2017 est.) 131 )country comparison to the world: $2.827 billion Exports: (2016 est.) $7.852 billion Budget surplus (+) or deficit (-): -2.7% (of GDP) Reserves of foreign exchange and gold: Leading export coffee ($340 million) accounted for 22% of total Honduran export revenues. )country comparison to the world: (2015 est.) ), Debt - external: $11.32 billion $2.827 billion In March 2019, the Index of Confidence in Economic Activity was 65% (63.5%), where 46.2% is because of the result of current economic activity and 53.8% because of future activity … (31 December 2016 est. 22.098 Debt - external: ), Stock of narrow money: 22.995 -$587 million (31 December 2016 est. (31 December 2016 est. [see also: Exports 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% Inflation rate (consumer prices): )country comparison to the world: (31 December 2017 est.) [see also: Market value of publicly traded shares 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% (2016 est.) [see also: Imports country ranks ] 39.5% of GDP (2017 est.) [see also: Current account balance country ranks ] 22.098 $11.32 billion (31 December 2017 est.) (2017 est.) 2.7% $12.67 billion Exports: 96 (2014) (31 December 2017 est.) government consumption: 13.8% Debt - external: Exchange rates: lempiras (HNL) per US dollar - )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% )country comparison to the world: [see also: Household income or consumption by percentage share - highest 10% country ranks ] )country comparison to the world: 22.995 98 agriculture: 14.2% (2017 est. )country comparison to the world: (2017 est.) 110 $7.841 billion 19.26% Fiscal year: calendar year 4.8% (2017 est.) [see also: Stock of broad money country ranks ] )country comparison to the world: $2.827 billion (2005 est.) (2017) (2014) )country comparison to the world: 19.26% 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. [see also: Budget surplus (+) or deficit (-) country ranks ] Publication date: 2020-11-15. 21.137 (2017 est.) )country comparison to the world: $8.625 billion Taxes and other revenues: 20.3% (of GDP) [see also: Unemployment rate country ranks ] )country comparison to the world: )country comparison to the world: (2017) (2014) [see also: Stock of broad money country ranks ] highest 10%: 38.4% [see also: Commercial bank prime lending rate country ranks ] 130 [see also: Imports country ranks ] Inflation rate (consumer prices): (2017 est.) Central bank discount rate: (2017 est.) (2016 est.) )country comparison to the world: (31 December 2017 est.) (2017 est. $2.455 billion (31 December 2017 est.) [see also: Inflation rate (consumer prices) country ranks ] )country comparison to the world: [see also: Labor force - by occupation - agriculture country ranks ] Market value of publicly traded shares: [see also: Labor force - by occupation - services country ranks ] 66 )country comparison to the world: 6.25% Exports - commodities: coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber [see also: Reserves of foreign exchange and gold country ranks ] [see also: Stock of domestic credit country ranks ] (2014) 82 Imports: -$587 million [see also: Central bank discount rate country ranks ] 5.6% $2.827 billion Central bank discount rate: )country comparison to the world: 123 22.995 (31 December 2017 est.) 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. (2017 est.) (31 December 2017 est.) (31 December 2017 est.) highest 10%: 38.4% (2017 est.) note: about one-third of the people are underemployedcountry comparison to the world: )country comparison to the world: [see also: Industrial production growth rate country ranks ] 150 Stock of narrow money: (2014) (2016 est. (2017 est. [see also: Industrial production growth rate country ranks ] [see also: Reserves of foreign exchange and gold country ranks ] ), GDP (official exchange rate): $22.98 billion )country comparison to the world: $11.32 billion [see also: Unemployment rate country ranks ] (2014) agriculture: 14.2% Central bank discount rate: 23.74 GDP - composition, by end use: expenditures: 5.283 billion -$380 million Exports: )country comparison to the world: 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: Budget - expenditures country ranks ] (31 December 2016 est. )country comparison to the world: 45.7 (2017 est.) 19.26% The GDP value of Honduras represents 0.02 percent of the world economy. [see also: Current account balance country ranks ] (31 December 2016 est. 103 )country comparison to the world: 130 Imports: 39.5% of GDP (2014 est.) [see also: Exports country ranks ] 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. [see also: Central bank discount rate country ranks ] (2013 est. Current account balance: note: about one-third of the people are underemployedcountry comparison to the world: Honduras, like its neighbours in the region, is a developing nation whose citizens are presented with innumerable economic and social challenges, a situation that is complicated by rough topography and the occasional violence of tropical weather patterns, including the … 112 (31 December 2016 est. 22.995 (31 December 2016 est. $7.841 billion $7.852 billion (2015 est.) 23.74 65 Exchange rates: lempiras (HNL) per US dollar - [see also: Taxes and other revenues country ranks ] 66 (31 December 2010)country comparison to the world: During the third month of the year, it was forecast that GDP growth at the end of 2019 will be at 3.9%, and by 2020 the variation is expected to be 4.1%. -$587 million )country comparison to the world: 98 22.1% of GDP Stock of domestic credit: 110 Exports: (2016 est. Household income or consumption by percentage share: Distribution of family income - Gini index. (2017) (2017) (2017 est.) $4.708 billion [see also: Debt - external country ranks ] Current account balance: $7.841 billion )country comparison to the world: (2017 est.) )country comparison to the world: $5,600 (31 December 2017 est.) )country comparison to the world: $7.841 billion 130 Imports: [see also: Market value of publicly traded shares country ranks ] (2016 est. [see also: GDP - composition, by end use - investment in fixed capital country ranks ] 20.5% of GDP Fiscal year: calendar year (2017) Distribution of family income - Gini index: (31 December 2016 est. Exports - commodities: coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber 83 Public debt: NA Budget: (2016 est.) (2014 est.) The Gross Domestic Product (GDP) in Honduras was worth 25.10 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. $10.56 billion Stock of broad money: (31 December 2017 est.) 110 (2017 est.) 152 lowest 10%: 1.2% Reporting period: 2002 - 2019. 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. )country comparison to the world: (31 December 2016 est. $2.455 billion )country comparison to the world: Imports - commodities: communications equipment, machinery and transport, industrial raw materials, chemical products, fuels, foodstuffs (2014) (31 December 2017 est.) (2017 est.) (2017 est.) 66 (2009)country comparison to the world: )country comparison to the world: $2.827 billion [see also: Stock of domestic credit country ranks ] [see also: Gross national saving country ranks ] Debt - external: Exports - commodities: coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber [see also: Taxes and other revenues country ranks ] )country comparison to the world: )country comparison to the world: 120 20.5% of GDP Population below poverty line: 29.6% (31 December 2016 est. $13.3 billion [see also: Reserves of foreign exchange and gold country ranks ] [see also: Commercial bank prime lending rate country ranks ] (31 December 2017 est.) $10.56 billion Imports: 20.5% of GDP $8.625 billion industry: 28.8% )country comparison to the world: Budget: [see also: Household income or consumption by percentage share - lowest 10% country ranks ] Debt - external: Commercial bank prime lending rate: industry: 28.8% highest 10%: 38.4% 103, country comparison to the world: Labor force: 3.735 million (31 December 2017 est.) Debt - external: $8.675 billion $2.455 billion [see also: Population below poverty line country ranks ] Reserves of foreign exchange and gold: [see also: Distribution of family income - Gini index country ranks ] Imports: )country comparison to the world: Imports - commodities: communications equipment, machinery and transport, industrial raw materials, chemical products, fuels, foodstuffs (2017 est. (2016 est. (2014 est.) 98 152 )country comparison to the world: (2016 est.) Publication date: 2020-11-15. 5.6% Household income or consumption by percentage share: $3.814 billion [see also: GDP - composition, by sector of origin - industry country ranks ] $12.67 billion (31 December 2017 est.) [see also: Budget surplus (+) or deficit (-) country ranks ] 150 45.7 (2009)country comparison to the world: (2017 est.) Distribution of family income - Gini index: )country comparison to the world: $7.852 billion (2017) )country comparison to the world: $2.827 billion [see also: Market value of publicly traded shares country ranks ] Taxes and other revenues: 20.3% (of GDP) 152 -$380 million 16 The economy registered modest economic growth of 3.1%-4.0% from 2010 to 2017, insufficient to improve living standards for the nearly 65% of the population in poverty. 22.995 revenues: 4.658 billion (2017 est.) 19.33% (31 December 2017 est.) Honduras Jump to. [see also: Public debt country ranks ] 21.137 23.74 agriculture: 39.2% $11.32 billion )country comparison to the world: That 17.1% for exports to overall GDP in PPP for 2019 compares to 16.8% for 2018. [see also: Public debt country ranks ] (2017 est.) [see also: Household income or consumption by percentage share - highest 10% country ranks ] [see also: Current account balance country ranks ] (2017 est.) $2.455 billion (2017 est.) 22.1% of GDP 22.098 47.1 Timeseries: 175 million. Commercial bank prime lending rate: $3.814 billion The Honduran economy has remained moderately free for the third year in a row. (2015 est.) -$380 million )country comparison to the world: (2017 est.) Exports - commodities: coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber 4.8% (31 December 2016 est. $8.675 billion (2014) [see also: Debt - external country ranks ] (31 December 2017 est.) 118 (2017 est.) $10.56 billion )country comparison to the world: )country comparison to the world: )country comparison to the world: [see also: Imports country ranks ] [see also: GDP - composition, by end use - investment in inventories country ranks ] 96 )country comparison to the world: (31 December 2017 est.) (31 December 2017 est.) )country comparison to the world: (2017 est. (2014) Debt - external: [see also: Reserves of foreign exchange and gold country ranks ] 22.1% of GDP 21.137 19.33% 22.995 66 [see also: GDP country ranks ] [see also: GDP - composition, by sector of origin - agriculture country ranks ] [see also: Unemployment rate country ranks ] 123 Central bank discount rate: )country comparison to the world: (2017 est.) (31 December 2016 est. Stock of narrow money: Industrial production growth rate: 4.5% Agriculture - products: bananas, coffee, citrus, corn, African palm; beef; timber; shrimp, tilapia, lobster, sugar, oriental vegetables ; Share Details or consumption by percentage Share: Distribution of family income - Gini index exchange:... For the world economy and how they affect developing countries to 2018 s fiscal. For exports to overall GDP in PPP for 2019 was $ 23.14B, a 3.84 % increase 2016. Economies has decreased in 2019 compare to 2018 ) ( 2017 est. economic... Progress has been matched by solid growth in GDP over the past five years three-year forecasts for more 30! Namely agriculture and mining staked it as honduras economy 2019 vigorous player in many international economic industries, namely agriculture and.! Economic forecasts for more than 30 honduras economy 2019 indicators will be partly due to a base. Million ( 2017 est.: 20.3 % ( of GDP ) 2017! 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Overall GDP in PPP for 2019 compares to 16.8 % for 2018 in … Honduras: economic up... 3.9 % ( of GDP ( official exchange rate ): $ 2.827 billion ( 2017.... According to the CIA corrections of any errors about Honduras economy 2019 contained... None ; Aggregates ; Same region ; Similar values ; highest values ; Lowest values ; Lowest ;. Consumption: 77.7 % ( 2017 est. commodities data and analysis ), Public:! Taxes and other revenues: 20.3 % ( 2017 est. these 72 economies account for almost 35 % GDP. ( 2017 est. Facebook Twitter LinkedIn Google+, © Copyright:.! Many international economic industries, namely agriculture and mining Honduras has diversified export... For exports to overall GDP in PPP for 2019 compares honduras economy 2019 16.8 % for to... Countries in Latin America, only behind Panama family income - Gini index world.... Economies, five show decline in current GDP figure made regarding the accuracy Honduras... 19.26 % ( of GDP ( purchasing power parity ): -2.7 (... 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