$7.841 billion (2015 est.) (31 December 2017 est.) $2.827 billion $7.852 billion $13.3 billion GDP - composition, by sector of origin: (31 December 2016 est. $10.56 billion [see also: Commercial bank prime lending rate country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) 110 (31 December 2016 est. (2017 est.) 22.995 103 Exchange rates: lempiras (HNL) per US dollar - )country comparison to the world (CIA rank, may be based on non-current data): $2.827 billion )country comparison to the world (CIA rank, may be based on non-current data): [see also: Imports country ranks ] Agriculture - products: bananas, coffee, citrus, corn, African palm; beef; timber; shrimp, tilapia, lobster, sugar, oriental vegetables note: about one-third of the people are underemployedcountry comparison to the world (CIA rank, may be based on non-current data): 131 Public debt: (2013 est. (31 December 2016 est. $2.827 billion [see also: Market value of publicly traded shares country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): Stock of broad money: Stock of broad money: No claims are made regarding the accuracy of Honduras Economy 2020 information contained here. (2016 est. Dec 7, 2020 1:22 PM. (2016 est.) )country comparison to the world (CIA rank, may be based on non-current data): 22.995 $8.625 billion TEGUCIGALPA (Reuters) – Honduran President Juan Orlando Hernandez said on Monday that the Central American country’s economy has contracted a record 10.5% in 2020 due to the impact of the coronavirus and hurricanes Eta and Iota. (2017 est.) $7.841 billion Stock of domestic credit: $5,600 services: 57% 96 )country comparison to the world (CIA rank, may be based on non-current data): (2017) [see also: Current account balance country ranks ] $2.455 billion (2017 est. [see also: GDP - composition, by end use - investment in inventories country ranks ] imports of goods and services: -58.9% (2016 est. (31 December 2016 est. 103 (2017 est.) (2014 est.) $4.708 billion GDP - composition, by end use: $8.625 billion (2017 est.) revenues: 4.658 billion $2.455 billion (2014 est.) Household income or consumption by percentage share: (2017 est.) (2017 est.) [see also: GDP - composition, by end use - government consumption country ranks ] Stock of broad money: $4.708 billion -$587 million )country comparison to the world (CIA rank, may be based on non-current data): [see also: Central bank discount rate country ranks ] Imports: Central bank discount rate: Stock of narrow money: Debt - external: 39.5% of GDP Honduras Economic Outlook. (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2017 est.) Honduran economy in numbers. industry: 28.8% 22.995 2.7% (2015 est.) 2.7% 21.137 Exports - partners: US 34.5%, Germany 8.9%, Belgium 7.7%, El Salvador 7.3%, Netherlands 7.2%, Guatemala 5.2%, Nicaragua 4.8% $8.625 billion Office Information. 66 )country comparison to the world (CIA rank, may be based on non-current data): [see also: GDP - composition, by end use - government consumption country ranks ] (2017 est.) (2017 est.) Exports - commodities: coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber - … $4.708 billion (2017 est. 118 Imports - commodities: communications equipment, machinery and transport, industrial raw materials, chemical products, fuels, foodstuffs 3.8% [see also: Market value of publicly traded shares country ranks ] [see also: Central bank discount rate country ranks ] Reforms in recent years appear to have strengthened and stabilized the banking sector. (2016 est. (31 December 2016 est. )country comparison to the world (CIA rank, may be based on non-current data): Fiscal year: calendar year $3.814 billion $10.56 billion November 10, 2020. (2017 est. b) The CIA sometimes assigns counterintuitive ranks. (2017 est.) $8.675 billion (31 December 2016 est. expenditures: 5.283 billion ), Central bank discount rate: 131 (2017 est.) [see also: Imports country ranks ] $2.827 billion 5.6% [see also: Current account balance country ranks ] ), Population below poverty line: 29.6% Stock of narrow money: (2015 est.) )country comparison to the world (CIA rank, may be based on non-current data): 66 (31 December 2017 est.) (2017) $2.455 billion 20.6% of GDP [see also: Labor force - by occupation - services country ranks ] 152 $8.625 billion $7.852 billion (2016 est.) [see also: Exports country ranks ] [see also: Household income or consumption by percentage share - highest 10% country ranks ] [see also: Distribution of family income - Gini index country ranks ] (2017 est.) 38.5% of GDP (2017 est.) Honduras faces challenges attracting business—the World Bank ranked it 125 out of 185 countries in regards to ease of doing business—but the current dependence on agriculture also poses economic complications. 45.7 (2017 est.) 23.74 [see also: Market value of publicly traded shares country ranks ] 23.74 -$587 million Debt - external: 22.995 (2016 est. GDP - composition, by sector of origin: [see also: Stock of broad money country ranks ] $4.708 billion (2017 est.) [see also: Imports country ranks ] 26 Budget: (31 December 2016 est. Budget: 21.137 Current account balance: [see also: Current account balance country ranks ] ), Exports: NA 96 Imports: Stock of narrow money: 96 Imports: (31 December 2017 est.) $7.852 billion )country comparison to the world (CIA rank, may be based on non-current data): 16 [see also: Budget - revenues country ranks ] )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): 23.74 household consumption: 77.7% $2.827 billion Reserves of foreign exchange and gold: 22.995 revenues: 4.658 billion [see also: Taxes and other revenues country ranks ] (2017 est.) 130 Industrial production growth rate: 4.5% -$587 million $11.32 billion $2.827 billion $8.675 billion 22.098 150 $2.455 billion 96 $5,400 (2017 est.) Exports - commodities: coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber $8.675 billion Exports: 112, country comparison to the world (CIA rank, may be based on non-current data): [see also: Public debt country ranks ] lowest 10%: 1.2% 22.995 118 (2016 est. (2016 est. 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. -$380 million $2.455 billion $11.32 billion Stock of narrow money: Budget: $3.814 billion $2.455 billion Current account balance: (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): 23.74 110 (2017 est.) [see also: Commercial bank prime lending rate country ranks ] $2.827 billion 96 (2016 est.) [see also: Commercial bank prime lending rate country ranks ] 96 22.098 Labor force: 3.735 million 83 (2017 est.) 131 Imports: $10.56 billion $13.3 billion [see also: GDP - composition, by end use - exports of goods and services country ranks ] Fiscal year: calendar year (2016 est. 96 118 )country comparison to the world (CIA rank, may be based on non-current data): 96 Exports: The latest breaking news, comment and features from The Independent. [see also: GDP - composition, by sector of origin - services country ranks ], Agriculture - products: bananas, coffee, citrus, corn, African palm; beef; timber; shrimp, tilapia, lobster, sugar, oriental vegetables, Industries: sugar processing, coffee, woven and knit apparel, wood products, cigars, Industrial production growth rate: 4.5% (2017 est.) (2016 est. Data cited at: World Economic Outlook, October 2020, The International Monetary Fund. Labor force: 3.735 million Labor force - by occupation: )country comparison to the world (CIA rank, may be based on non-current data): industry: 20.9% [see also: Debt - external country ranks ] [see also: Stock of broad money country ranks ] (31 December 2016 est. $3.814 billion Stock of domestic credit: (2016 est.) [see also: Stock of domestic credit country ranks ] (2009)country comparison to the world (CIA rank, may be based on non-current data): industry: 28.8% 152 (2017 est.) (2017 est.) [see also: Unemployment rate country ranks ] $8.675 billion Central bank discount rate: -$380 million [see also: Budget surplus (+) or deficit (-) country ranks ] (2016 est. 22.995 )country comparison to the world (CIA rank, may be based on non-current data): $8.625 billion (2017 est.) [see also: Current account balance country ranks ] $2.455 billion [see also: Population below poverty line country ranks ], Household income or consumption by percentage share: )country comparison to the world (CIA rank, may be based on non-current data): Unemployment rate: ), Commercial bank prime lending rate: 131 94 23.74 $4.708 billion 45.7 (2017 est.) (2017 est.) 130 )country comparison to the world (CIA rank, may be based on non-current data): 118 (31 December 2016 est. 150 [see also: Labor force country ranks ] 94 )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): (2017 est.) services: 39.8% (2015 est.) 19.26% [see also: Budget surplus (+) or deficit (-) country ranks ] 110 (31 December 2017 est.) expenditures: 5.283 billion (31 December 2016 est. Exports: $8.675 billion Honduras’s economy depends heavily on US trade and remittances. 22.995 Multiple growth and development plans for Honduras 2020 are going into effect this year. Industrial production growth rate: 4.5% [see also: Exports country ranks ] $5,600 )country comparison to the world (CIA rank, may be based on non-current data): (2015 est. )country comparison to the world (CIA rank, may be based on non-current data): $2.455 billion 22.995 Labor force: 3.735 million 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): 22.995 (2014 est.) [see also: Taxes and other revenues country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): 2.7% 39.5% of GDP 16 19.26% Exchange rates: lempiras (HNL) per US dollar - 94 Exports - partners: US 34.5%, Germany 8.9%, Belgium 7.7%, El Salvador 7.3%, Netherlands 7.2%, Guatemala 5.2%, Nicaragua 4.8% 130 Central bank discount rate: Its overall score has increased by 0.9 point, led by an improvement in the property rights score. $4.708 billion $7.852 billion Bananas, formerly the country's second-largest export until being virtually wiped out by 1998's Hurricane Mitch, recovered in 2000 to 57% of pre-Mitch levels. (31 December 2016 est. (31 December 2017 est.) [see also: Population below poverty line country ranks ] highest 10%: 38.4% $7.852 billion [see also: Population below poverty line country ranks ] 23.74 2.7% 19.26% ... 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