Economy of Honduras. Statistics, Data and Indicators
Honduras
| 33BB- | Credit rank #86 |
| N/A | Quality of life # |
| 157 | Corruption rank#121 |
| 133 | Ease of doing business#110 |
Honduras Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 28.49 USD Billion | 2021 |
| GDP Annual Growth Rate | 2.6 % | 3Q/22 |
| GDP Growth Rate | 0.9 % | 3Q/22 |
| GDP per capita | 2428 USD | 2021 |
| Inflation Rate YoY | 9.8 % | Dec/22 |
| Interest Rate | 3 % | Dec/22 |
| Unemployment Rate | 8.6 % | 2021 |
| Balance of Trade | -860 USD Million | -0.86 B USD | Oct/22 |
| Current Account | 19.97 USD Million | 0.02 B USD | 2Q/22 |
| Foreign Exchange Reserves | 7918 USD Million | 7.918 B USD | Nov/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 28.49 USD Billion | 2021 |
| GDP Annual Growth Rate | 2.6 % | 3Q/22 |
| GDP Growth Rate | 0.9 % | 3Q/22 |
| GDP per capita | 2428 USD | 2021 |
| Gross National Product | 206327 HNL Million | 8.289 USD Billion | 2021 |
| GDP Constant Prices | 59031 HNL Million | 2.372 B USD | 3Q/22 |
| GDP per capita PPP | 5572 USD | 2021 |
| GDP From Agriculture | 7220 HNL Million | 0.29 B USD | 3Q/22 |
| GDP From Construction | 1303 HNL Million | 0.052 B USD | 3Q/22 |
| GDP From Manufacturing | 11710 HNL Million | 0.47 B USD | 3Q/22 |
| GDP From Mining | 94 HNL Million | 0.004 B USD | 3Q/22 |
| GDP From Public Administration | 2841 HNL Million | 0.114 B USD | 3Q/22 |
| GDP From Transport | 2100 HNL Million | 0.084 B USD | 3Q/22 |
| GDP From Utilities | 1818 HNL Million | 0.073 B USD | 3Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 51.46 % | 2021 |
| Government Spending | 7562 HNL Million | 0.304 USD Billion | 3Q/22 |
| Government Budget to GDP | -6.9 % | 2020 |
| Military Expenditure | 438 USD Million | 0.438 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 405 index points | Dec/22 |
| Food Inflation | 15.76 % | Dec/22 |
| Gasoline Prices | 1.13 USD/Liter | Jan/23 |
| Inflation Rate YoY | 9.8 % | Dec/22 |
| Inflation Rate Mom | 0.37 % | Dec/22 |
| CPI Housing Utilities | 429 Index Points | Dec/22 |
| CPI Transportation | 452 Index Points | Dec/22 |
| Inflation Expectations | 8.28 % | Dec/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -4.3 % | 2021 |
| Balance of Trade | -860 USD Million | -0.86 USD Billion | Oct/22 |
| Capital Flows | -272 USD Million | -0.272 B USD | 2Q/22 |
| Current Account | 19.97 USD Million | 0.02 USD Billion | 2Q/22 |
| Exports | 398 USD Million | 0.398 USD Billion | Oct/22 |
| External Debt | 11364 USD Million | 11.364 USD Billion | Dec/21 |
| Foreign Exchange Reserves | 7918 USD Million | 7.918 USD Billion | Nov/22 |
| Imports | 1258 USD Million | 1.258 USD Billion | Oct/22 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 0.69 Tonnes | 4Q/22 |
| Interest Rate | 3 % | Dec/22 |
| Money Supply M0 | 47567 HNL Million | 1.911 USD Billion | Nov/22 |
| Money Supply M1 | 130616 HNL Million | 5.247 B USD | Nov/22 |
| Money Supply M2 | 441975 HNL Million | 17.756 B USD | Nov/22 |
| Money Supply M3 | 553301 HNL Million | 22.229 B USD | Nov/22 |
| Deposit Interest Rate | 5.8 % | 2021 |
| Foreign Direct Investment | 310 USD Million | 0.31 B USD | 3Q/22 |
| Private Sector Credit | 416485 HNL Million | 16.732 B USD | Nov/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 8.6 % | 2021 |
| Living Wage Family | 9210 HNL/Month | 371.722 USD/Month | 2018 |
| Living Wage Individual | 5350 HNL/Month | 215.93 USD/Month | 2018 |
| Wages High Skilled | 16500 HNL/Month | 665.951 USD/Month | 2018 |
| Wages Low Skilled | 8210 HNL/Month | 331.361 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 25 % | 2022 |
| Personal Income Tax Rate | 25 % | 2022 |
| Sales Tax Rate | 15 % | 2022 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 23 index points | 2022 |
| Corruption Rank | 157 place | 2022 |
| Ease of Doing Business | 133 place | 2019 |
| Competitiveness Index | 52.63 Index Points | 2019 |
| Competitiveness Rank | 101 | 2019 |
| Leading Economic Index | 2 % | Oct/22 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Spending | 47629 HNL Million | 1.913 USD Billion | 3Q/22 |
