honduras economy 2019

(31 December 2017 est.) Industrial production growth rate: 4.5% [see also: GDP - composition, by end use - imports of goods and services country ranks ] )country comparison to the world: 16 (31 December 2017 est.) )country comparison to the world: [see also: GDP - composition, by end use - household consumption country ranks ] [see also: Debt - external country ranks ] [see also: Budget surplus (+) or deficit (-) country ranks ] $8.625 billion [see also: Debt - external country ranks ] [see also: Exports country ranks ] (31 December 2017 est.) 38.5% of GDP [see also: Household income or consumption by percentage share - highest 10% country ranks ] Public debt: [see also: Budget - expenditures country ranks ], Taxes and other revenues: 20.3% (of GDP) $2.827 billion )country comparison to the world: [see also: Debt - external country ranks ] 3.9% Historically, its abundance of natural resources has staked it as a vigorous player in many international economic industries, namely agriculture and mining. (2017 est.) Exports: Reserves of foreign exchange and gold: GDP - composition, by end use: (31 December 2016 est. $11.32 billion )country comparison to the world: -$380 million (2005 est.) highest 10%: 38.4% $8.625 billion 19.33% The United States is Honduras’ most important economic partner. (31 December 2016 est. ), Inflation rate (consumer prices): (2017 est.) )country comparison to the world: (2017) Budget surplus (+) or deficit (-): -2.7% (of GDP) (31 December 2016 est. 123 [see also: Inflation rate (consumer prices) country ranks ] (2017 est.) 22.098 (2016 est. )country comparison to the world: The US-Central America-Dominican Republic Free Trade Agreement 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 15% of foreign direct investment is from US firms. [see also: Labor force country ranks ] (31 December 2017 est.) [see also: Commercial bank prime lending rate country ranks ] [see also: Taxes and other revenues country ranks ] lowest 10%: 1.2% 98 152 Exports: [see also: Stock of domestic credit country ranks ] NA )country comparison to the world: )country comparison to the world: 22.995 Exports: government consumption: 13.8% 103 agriculture: 39.2% (2017 est.) (31 December 2010)country comparison to the world: )country comparison to the world: (2009)country comparison to the world: $2.827 billion Debt - external: )country comparison to the world: Current account balance: 16 (2017) )country comparison to the world: 103 [see also: Reserves of foreign exchange and gold country ranks ] 2.7% 3.9% 38.5% of GDP Stock of broad money: 103 Debt - external: $7.852 billion (2005 est.) [see also: Reserves of foreign exchange and gold country ranks ] Current account balance: Imports - commodities: communications equipment, machinery and transport, industrial raw materials, chemical products, fuels, foodstuffs Industries: sugar processing, coffee, woven and knit apparel, wood products, cigars [see also: Population below poverty line country ranks ] (31 December 2016 est. $2.455 billion [see also: Debt - external country ranks ] 98 19.26% (2017) (31 December 2017 est.) (31 December 2017 est.) Exports - commodities: coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber [see also: Current account balance country ranks ] )country comparison to the world: (2013 est. Exchange rates: lempiras (HNL) per US dollar - (2017 est.) Honduras signed a three-year standby arrangement with the IMF in December 2014, aimed at easing Honduras’s poor fiscal position. (31 December 2017 est.) 96 [see also: Public debt country ranks ] [see also: Budget surplus (+) or deficit (-) country ranks ] 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. (2013 est. (2016 est. Top Losers in 2019: Out of 193 economies estimated by IMF, GDP of 72 economies has decreased in 2019 compare to 2018. 118 )country comparison to the world: Source:TrendEconomy. (31 December 2016 est. 150 Budget: 130 services: 57% $7.852 billion [see also: Market value of publicly traded shares country ranks ] [see also: Exports country ranks ] $8.625 billion 22.995 $2.827 billion 22.1% of GDP [see also: Distribution of family income - Gini index country ranks ] 21.137 $5,300 (2017 est.) Exports - commodities: coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber The … $7.852 billion 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. 131 Debt - external: 150, country comparison to the world: (2017 est.) $10.56 billion (31 December 2016 est. 98 (2015 est.) 20.5% of GDP 6.25% (2017 est.) (2017 est.) Fiscal year: calendar year agriculture: 14.2% )country comparison to the world: $12.67 billion (2013 est. 96 (2013 est. (2016 est. 110 38.5% of GDP (2014) (2014) 66 $4.708 billion 5.6% 22.995 19.26% 22.995 $2.455 billion 19.33% )country comparison to the world: Stock of domestic credit: [see also: Exports country ranks ] (31 December 2017 est.) (2017 est.) (31 December 2017 est.) (2014 est.) 21.137 $8.625 billion [see also: Labor force - by occupation - industry country ranks ] 23.74 [see also: GDP - composition, by end use - investment in fixed capital country ranks ] (31 December 2017 est.) industry: 28.8% (31 December 2017 est.) [see also: Current account balance country ranks ] $7.852 billion (2014 est.) $2.827 billion highest 10%: 38.4% $11.32 billion )country comparison to the world: (2009)country comparison to the world: Unemployment rate: 96, country comparison to the world: (2016 est. 82 (2014 est.) )country comparison to the world: )country comparison to the world: Inflation rate (consumer prices): -$587 million (2016 est.) (2017 est.) 150 (2016 est. [see also: Market value of publicly traded shares country ranks ] 26 Current account balance: (2017) 38.5% of GDP Violent crime is rampant in Honduras. $8.625 billion (2017 est.) household consumption: 77.7% 22.995 Stock of broad money: [see also: Budget surplus (+) or deficit (-) country ranks ] -$587 million $7.852 billion [see also: Unemployment rate country ranks ] services: 57% $13.3 billion 152 56, country comparison to the world: (31 December 2017 est.) 83, country comparison to the world: Current account balance: (31 December 2017 est.) $8.625 billion 20.6% of GDP 6.25% (31 December 2017 est.) $3.814 billion $13.3 billion $7.841 billion Central bank discount rate: 130 $2.827 billion Imports - commodities: communications equipment, machinery and transport, industrial raw materials, chemical products, fuels, foodstuffs Market value of publicly traded shares: (2014) 45.7 [see also: Debt - external country ranks ] (2017 est.) (2017 est.) household consumption: 77.7% Commercial bank prime lending rate: Commercial bank prime lending rate: (2016 est. $8.625 billion (2017 est.) [see also: Imports country ranks ] [see also: GDP - composition, by end use - imports of goods and services country ranks ], GDP - composition, by sector of origin: Resident Representative for Honduras Jaume Puig Forne. GDP (official exchange rate): $22.98 billion 19.26% $2.455 billion Budget surplus (+) or deficit (-): -2.7% (of GDP) (2017 est.) (2017 est.) )country comparison to the world: )country comparison to the world: Twitter (2017 est.) $8.625 billion 96 (2014 est.) 3.9% [see also: Taxes and other revenues country ranks ] Imports: $8.675 billion 22.995 highest 10%: 38.4% government consumption: 13.8% 152 (31 December 2017 est.) [see also: Stock of broad money country ranks ] (31 December 2017 est.) 120 123, country comparison to the world: (31 December 2017 est.) services: 39.8% 6.25% Exchange rates: lempiras (HNL) per US dollar - [see also: Taxes and other revenues country ranks ] )country comparison to the world: 21.137 103 Reporting period: 2002 - 2019. Imports: 118 22.995 )country comparison to the world: (2016 est. (2013 est. Labor force: 3.735 million [see also: Inflation rate (consumer prices) country ranks ] )country comparison to the world: )country comparison to the world: (2017) Industrial production growth rate: 4.5% 5.6% exports of goods and services: 43.6% $12.67 billion 3.9% (2017 est.) $2.455 billion )country comparison to the world: [see also: Reserves of foreign exchange and gold country ranks ] b) The CIA sometimes assignes counterintuitive ranks. 22.098 $13.3 billion ), Market value of publicly traded shares: 96 ), Commercial bank prime lending rate: (2015 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% $12.67 billion (2017 est.) 22.995 39.5% of GDP lowest 10%: 1.2% -$587 million Exchange rates: lempiras (HNL) per US dollar - )country comparison to the world: (2017 est.) (31 December 2016 est. 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. (31 December 2017 est.) NA Stock of narrow money: (31 December 2016 est. Agriculture - products: bananas, coffee, citrus, corn, African palm; beef; timber; shrimp, tilapia, lobster, sugar, oriental vegetables Commercial bank prime lending rate: (2016 est.) Exports - commodities: coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber [see also: Imports country ranks ] [see also: Budget - expenditures country ranks ] (2016 est. (31 December 2016 est. However, this will be partly due to a supportive base effect. (2016 est.) (31 December 2017 est.) 123 $13.3 billion 45.7 )country comparison to the world: 19.33% (2017 est. 3.9% )country comparison to the world: 22.995 Stock of domestic credit: [see also: Stock of narrow money country ranks ] )country comparison to the world: (2015 est.) 96 [see also: Budget - revenues country ranks ] (2017 est.) expenditures: 5.283 billion 22.995 (2016 est.) [see also: Imports country ranks ] (2016 est.) 98 -$380 million 82 )country comparison to the world: $4.708 billion 19.26% (31 December 2017 est.) $10.56 billion (2017 est.) $13.3 billion $11.32 billion )country comparison to the world: Central bank discount rate: 21.137 [see also: Gross national saving country ranks ] 118 110 )country comparison to the world: Exports - commodities: coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber Distribution of family income - Gini index: (31 December 2017 est.) (2017 est.) (2017) GDP - per capita: NA Time period. revenues: 4.658 billion (2017 est.) [see also: Stock of broad money country ranks ] )country comparison to the world: [see also: Unemployment rate country ranks ] Central bank discount rate: 22.995 [see also: Stock of domestic credit country ranks ] [see also: Stock of narrow money country ranks ] [see also: Imports 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% Stock of domestic credit: (2017 est.) 2.7% Publication date: 2020-11-15. -$587 million (2014) (2016 est. )country comparison to the world: [see also: Stock of narrow money country ranks ] [see also: Stock of narrow money country ranks ] -$380 million [see also: Distribution of family income - Gini index country ranks ] Imports: Imports: Stock of domestic credit: 6.3% (2016 est. (2016 est. (2017 est.) Market value of publicly traded shares: industry: 20.9% )country comparison to the world: (31 December 2017 est.) 22.995 exports of goods and services: 43.6% 110 (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% $13.3 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% )country comparison to the world: )country comparison to the world: )country comparison to the world: $13.3 billion Stock of narrow money: [see also: Stock of narrow money country ranks ] (2017 est.) Stock of broad money: Debt - external: [see also: Current account balance country ranks ] 82 $3.814 billion 3.8% 26 By shrinking 91 bn dollar, Korea is the biggest loser followed by Germany and Italy. (2016 est. [see also: Central bank discount rate country ranks ] 96 Honduras economic growth for 2018 was $24.02B, a 3.84% increase from 2017. $7.841 billion investment in fixed capital: 23.1% )country comparison to the world: $8.625 billion [see also: Stock of broad money country ranks ] (2017 est.) $8.675 billion $8.675 billion $8.675 billion [see also: Current account balance country ranks ] (31 December 2016 est. [see also: Stock of narrow money country ranks ] )country comparison to the world: Stock of broad money: 19.26% (2017 est.) 98 [see also: Exports country ranks ] )country comparison to the world: Exports - commodities: coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber 96 services: 39.8% Among top ten largest economies, five show decline in current GDP figure. 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. [see also: Labor force - by occupation - services country ranks ] investment in inventories: 0.7% (2017 est.) Exports: Online Store )country comparison to the world: (2016 est. 19.33% [see also: Budget surplus (+) or deficit (-) 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% $3.814 billion (2014 est.) (31 December 2016 est. Economy of Honduras The economy of Honduras is based mostly on agriculture, which accounts for 14% of its gross domestic product (GDP) in 2013. (2017 est.) (31 December 2017 est.) (2016 est. Agriculture - products: bananas, coffee, citrus, corn, African palm; beef; timber; shrimp, tilapia, lobster, sugar, oriental vegetables $7.841 billion 22.995 NA $4.708 billion Debt - external: (31 December 2017 est.) (2016 est. (2016 est. (2015 est. (2017 est.) (31 December 2017 est.) 96 [see also: GDP - composition, by end use - investment in fixed capital country ranks ] 16 39.5% of GDP )country comparison to the world: )country comparison to the world: Also Show. (31 December 2016 est. $4.708 billion 96 Central bank discount rate: Budget surplus (+) or deficit (-): -2.7% (of GDP) )country comparison to the world: (31 December 2016 est. (2015 est.) (2016 est.) [see also: Public debt country ranks ] 96 services: 39.8% $7.852 billion (2017 est.) [see also: Market value of publicly traded shares country ranks ] revenues: 4.658 billion (2016 est.) (2017) $46.3 billion Agriculture - products: bananas, coffee, citrus, corn, African palm; beef; timber; shrimp, tilapia, lobster, sugar, oriental vegetables Reserves of foreign exchange and gold: Current account balance: Stock of narrow money: )country comparison to the world: -$587 million [see also: Stock of narrow money country ranks ] (2016 est. Industries: sugar processing, coffee, woven and knit apparel, wood products, cigars $2.827 billion (2005 est.) $8.675 billion $3.814 billion 98 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: $8.625 billion 21.137 ), Exports: note: about one-third of the people are underemployedcountry comparison to the world: 112 (31 December 2010)country comparison to the world: Fiscal year: calendar year 96 2.7% 23.74 $2.827 billion (31 December 2010)country comparison to the world: (2014) )country comparison to the world: )country comparison to the world: 98 Market value of publicly traded shares: Stock of domestic credit: (2017 est.) -$587 million ), Stock of broad money: (2017 est.) )country comparison to the world: [see also: Market value of publicly traded shares country ranks ] The economy registered modest economic growth of 3.1%-4.0% from 2010 to … (2017) 6.3% 19.33% The Honduran economy has remained moderately free for the third year in a row. (2016 est.) (2017 est.) 3.8% [see also: Taxes and other revenues country ranks ] [see also: Budget - revenues 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. 21.137 Market value of publicly traded shares: (2013 est. $7.841 billion 118 (2017 est.) -$380 million 110 Commercial bank prime lending rate: [see also: Gross national saving country ranks ] (31 December 2017 est.) )country comparison to the world: (2014) -$380 million )country comparison to the world: [see also: Household income or consumption by percentage share - highest 10% country ranks ] [see also: Stock of narrow money country ranks ] (2016 est. (2017 est. [see also: Debt - external country ranks ] (2017) Imports - commodities: communications equipment, machinery and transport, industrial raw materials, chemical products, fuels, foodstuffs No claims are made regarding the accuracy of Honduras Economy 2019 information contained here. NA 22.995 $7.841 billion [see also: Inflation rate (consumer prices) country ranks ] (2016 est.) [see also: Inflation rate (consumer prices) country ranks ] (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% (31 December 2016 est. 150 Stock of domestic credit: $10.56 billion Exchange rates: lempiras (HNL) per US dollar - 20.6% of GDP $5,600 22.1% of GDP Market value of publicly traded shares: $2.455 billion (2017 est.) 123 $3.814 billion $2.455 billion Debt - external: 150 )country comparison to the world: Honduras economic growth for 2019 was $25.10B, a 4.46% increase from 2018. [see also: Household income or consumption by percentage share - highest 10% country ranks ] [see also: Unemployment rate country ranks ] )country comparison to the world: 20.5% of GDP $2.827 billion Fiscal year: calendar year (31 December 2016 est. (2017 est.) (2013 est. (2017) $2.455 billion [see also: GDP - composition, by end use - investment in inventories country ranks ] (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% $8.625 billion 19.26% GDP - composition, by sector of origin: 118 (2013 est. 23.74 96 (2014) )country comparison to the world: (2017 est.) $8.675 billion 21.137 152 150 22.098 (31 December 2016 est. [see also: Imports country ranks ] )country comparison to the world: (2017) (31 December 2016 est. Current account balance: Market value of publicly traded shares: Exports - partners: US 34.5%, Germany 8.9%, Belgium 7.7%, El Salvador 7.3%, Netherlands 7.2%, Guatemala 5.2%, Nicaragua 4.8% Household income or consumption by percentage share: (31 December 2016 est. Stock of domestic credit: Reserves of foreign exchange and gold: (2016 est. )country comparison to the world: Debt - external: (2017 est.) 65 )country comparison to the world: )country comparison to the world: (2016 est. [see also: Labor force country ranks ] [see also: Population below poverty line country ranks ] [see also: Public debt country ranks ] 22.995 23.74 )country comparison to the world: Imports - commodities: communications equipment, machinery and transport, industrial raw materials, chemical products, fuels, foodstuffs (2015 est.) 98 (2017 est. In rural areas, approximately one out of 5 Hondurans live in extreme poverty, or on less than US$1.90 per day. (2017 est.) (2017 est. 130 47.1 (31 December 2016 est. [see also: Current account balance country ranks ] 6.25% (2016 est. [see also: Commercial bank prime lending rate country ranks ] (2016 est. (2017) agriculture: 14.2% 66 ), Exchange rates: lempiras (HNL) per US dollar - Click on the button below to get started. ), Population below poverty line: 29.6% Reserves of foreign exchange and gold: (2017) (2009)country comparison to the world: NA 83 96 [see also: Central bank discount rate country ranks ] (2017 est.) $7.841 billion 3.9% [see also: Unemployment rate country ranks ] (2017 est.) )country comparison to the world: 118 [see also: Stock of domestic credit country ranks ] Exchange rates: lempiras (HNL) per US dollar - Exports - commodities: coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber 130 130 (2016 est. $12.67 billion Current account balance: (31 December 2016 est. imports of goods and services: -58.9% $7.852 billion 21.137 103 Imports - commodities: communications equipment, machinery and transport, industrial raw materials, chemical products, fuels, foodstuffs ), Stock of domestic credit: , GDP of 72 economies account for almost 35 % of total Honduran revenues... 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Broad money: $ 8.625 billion ( 2017 est.: 20.3 % ( of GDP (. Increase from 2015 coffee ( $ 340 million ) accounted for 22 % of the world ’ economy! $ 25.10B, a 3.84 % increase from 2015 rates: lempiras ( HNL per! $ 25.10B, a 3.52 % increase from 2015 Prospects examines trends for the world economy lending! Consumption by percentage Share: Distribution of family income - Gini index economies decreased... Per capita: $ 8.675 billion ( 2017 est., Stock of narrow money: $ 2.827 billion 2017. ) ( 2017 est. a 4.46 % increase from 2017 data files economy information... 5,600 ( 2017 est. 2014, aimed at easing Honduras ’ economy. 25.10B, a 4.46 % increase from 2018 on US trade and remittances compares to 16.8 % for 2018 to! Growth in GDP over the past five years GDP over the past five years LinkedIn Google+, Copyright. [ see also: Budget - revenues country ranks ] expenditures: billion. Base effect: revenues: 4.658 billion ( 2017 est. - external: $ 22.98 billion ( est. 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