Honduras Economic Statistics and Indicators

14, Aug 2020, EDT. Welcome to the Honduras economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Honduras › Change country
National or Regional Currency: Lempira, HNL
Year of data: 2015 › Change year
Number of Indicators Listed: 34
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 8598561 ; note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2014 est.)
Area: total: 112,090 sq km ; land: 111,890 sq km ; water: 200 sq km
Natural Resources: timber, gold, silver, copper, lead, zinc, iron ore, antimony, coal, fish, hydropower
Capital: name: Tegucigalpa ; geographic coordinates: 14 06 N, 87 13 W ; time difference: UTC-6 (1 hour behind Washington, DC during Standard Time) ; daylight saving time: none scheduled for 2013

Honduras, the second poorest country in Central America, suffers from extraordinarily unequal distribution of income, as well as high underemployment. While historically dependent on the export of bananas and coffee, Honduras has diversified its export base to include apparel and automobile wire harnessing. Nearly half of Honduras's economic activity is directly tied to the US, with exports to the US accounting for 30% of GDP and remittances for another 20%. The US-Central America-Dominican Republic Free Trade Agreement (CAFTA-DR) 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 70% of FDI is from US firms. The economy registered modest economic growth of 3.0%-4.0% from 2010 to 2012, insufficient to improve living standards for the nearly 65% of the population in poverty. An 18-month IMF Standby Arrangement expired in March 2012 and was not renewed, due to the country's growing budget deficit and weak current account performance. Public sector workers complained of not receiving their salaries in November and December 2012, and government suppliers are owed at least several hundred million dollars in unpaid contracts. The government announced in January 2013 that loss-making public enterprises will be forced to submit financial rescue plans before receiving their budget allotments for 2013.
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GDP (Constant Prices, National Currency) for Honduras in year 2015 is HNL 189.771 Billion.

GDP Growth (Constant Prices, National Currency) for Honduras in year 2015 is 3.635 %.

GDP (Current Prices, National Currency) for Honduras in year 2015 is HNL 445.336 Billion.

GDP (Current Prices, US Dollars) for Honduras in year 2015 is US$ 20.295 Billion.

GDP Deflator for Honduras in year 2015 is 234.67 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Honduras in year 2015 is HNL 22,502.86 .

GDP Per Capita (Current Prices, National Currency) for Honduras in year 2015 is HNL 52,807.51 .

GDP Per Capita (Current Prices, US Dollars) for Honduras in year 2015 is US$ 2,406.62 .

GDP (PPP), US Dollars for Honduras in year 2015 is US$ 41.057 Billion.

GDP Per Capita (PPP), US Dollars for Honduras in year 2015 is US$ 4,868.55 .

GDP Share of World Total (PPP) for Honduras in year 2015 is 0.036 %.

Implied PPP Conversion Rate for Honduras in year 2015 is 10.847 .

Investment (% of GDP) for Honduras in year 2015 is 24.091 %.

Gross National Savings (% of GDP) for Honduras in year 2015 is 18.756 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Honduras in year 2015 is 284.75 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Honduras in year 2015 is 3.158 %.

Inflation, End of Year (Indexed to Year 2000) for Honduras in year 2015 is 286.728 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Honduras in year 2015 is 2.357 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Honduras in year 2015 is 8.963 %.

Import Volumes of Goods Only (Percent Change) for Honduras in year 2015 is 8.963 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Honduras in year 2015 is 4.537 %.

Export Volumes of Goods Only (Percent Change) for Honduras in year 2015 is 4.537 %.

Unemployment Rate (% of Labour Force) for Honduras in year 2015 is 4 %.

Population for Honduras in year 2015 is 8.433 Million .

General government revenue (National Currency) for Honduras in year 2015 is HNL 118.172 Billions.

General government revenue (% of GDP) for Honduras in year 2015 is 26.535 %.

General government total expenditure (National Currency) for Honduras in year 2015 is HNL 124.473 Billions.

General government total expenditure (% of GDP) for Honduras in year 2015 is 27.95 %.

Total Government Net Lending/ Borrowing (National Currency) for Honduras in year 2015 is HNL -6.301 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Honduras in year 2015 is -1.415 %.

Fiscal Year Gross Domestic Product, Current Prices for Honduras in year 2015 is HNL 445.336 Billions.

Current Account Balance (US Dollars) for Honduras in year 2015 is US$ -1.291 Billion.

Current Account Balance (% GDP) for Honduras in year 2015 is -6.363 %.