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 | 31.72 USD Billion | 2022 |
| GDP Annual Growth Rate | 1.9 % | 1Q/23 |
| GDP Growth Rate | -0.2 % | 1Q/23 |
| GDP per capita | 2488 USD | 2022 |
| Inflation Rate YoY | 6.13 % | Sep/23 |
| Interest Rate | 3 % | Aug/23 |
| Unemployment Rate | 8.7 % | 2022 |
| Balance of Trade | -822 USD Million | -0.822 B USD | Jun/23 |
| Current Account | 70.3 USD Million | 0.07 B USD | 1Q/23 |
| Foreign Exchange Reserves | 7650 USD Million | 7.65 B USD | Jul/23 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 31.72 USD Billion | 2022 |
| GDP Annual Growth Rate | 1.9 % | 1Q/23 |
| GDP Growth Rate | -0.2 % | 1Q/23 |
| GDP per capita | 2488 USD | 2022 |
| Gross National Product | 216039 HNL Million | 8.775 USD Billion | 2022 |
| GDP Constant Prices | 59396 HNL Million | 2.412 B USD | 1Q/23 |
| GDP per capita PPP | 5709 USD | 2022 |
| GDP From Agriculture | 7342 HNL Million | 0.298 B USD | 1Q/23 |
| GDP From Construction | 1573 HNL Million | 0.064 B USD | 1Q/23 |
| GDP From Manufacturing | 10914 HNL Million | 0.443 B USD | 1Q/23 |
| GDP From Mining | 114 HNL Million | 0.005 B USD | 1Q/23 |
| GDP From Public Administration | 2805 HNL Million | 0.114 B USD | 1Q/23 |
| GDP From Transport | 2127 HNL Million | 0.086 B USD | 1Q/23 |
| GDP From Utilities | 1682 HNL Million | 0.068 B USD | 1Q/23 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 48.06 % | 2022 |
| Government Spending | 8242 HNL Million | 0.335 USD Billion | 2Q/23 |
| Government Budget to GDP | -1.29 % | 2022 |
| Military Expenditure | 478 USD Million | 0.478 B USD | 2022 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 421 index points | Sep/23 |
| Food Inflation | 6.21 % | Sep/23 |
| Gasoline Prices | 1.14 USD/Liter | Sep/23 |
| Inflation Rate YoY | 6.13 % | Sep/23 |
| Inflation Rate Mom | 0.53 % | Sep/23 |
| CPI Housing Utilities | 431 Index Points | Sep/23 |
| CPI Transportation | 452 Index Points | Sep/23 |
| Inflation Expectations | 5.15 % | Aug/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -3.4 % | 2022 |
| Balance of Trade | -822 USD Million | -0.822 USD Billion | Jun/23 |
| Capital Flows | -188 USD Million | -0.188 B USD | 1Q/23 |
| Current Account | 70.3 USD Million | 0.07 USD Billion | 1Q/23 |
| Exports | 550 USD Million | 0.55 USD Billion | Jun/23 |
| External Debt | 11559 USD Million | 11.559 USD Billion | Jun/23 |
| Foreign Exchange Reserves | 7650 USD Million | 7.65 USD Billion | Jul/23 |
| Imports | 1372 USD Million | 1.372 USD Billion | Jun/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 0.69 Tonnes | 2Q/23 |
| Interest Rate | 3 % | Aug/23 |
| Money Supply M0 | 49981 HNL Million | 2.03 USD Billion | Jul/23 |
| Money Supply M1 | 136541 HNL Million | 5.546 B USD | Jul/23 |
| Money Supply M2 | 483790 HNL Million | 19.65 B USD | Jul/23 |
| Money Supply M3 | 595295 HNL Million | 24.179 B USD | Jul/23 |
| Deposit Interest Rate | 4.25 % | 2022 |
| Foreign Direct Investment | 209 USD Million | 0.209 B USD | 1Q/23 |
| Private Sector Credit | 590502 HNL Million | 23.984 B USD | Jul/23 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 8.7 % | 2022 |
| 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 % | 2023 |
| Personal Income Tax Rate | 25 % | 2023 |
| Sales Tax Rate | 15 % | 2023 |
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 | 3.1 % | Jul/23 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Spending | 48941 HNL Million | 1.988 USD Billion | 1Q/23 |
