General Information

42% of export sales from Honduras are concentrated in textiles and garments, while the agricultural industry accounts for 19% of exports.
(Source: Central Bank)

Gross Domestic Product (GDP) % of regional GDP GDP per head

USD 22,975

millions

0.4%

 

USD 2,766

 

Economic Statistics (years 2014 - forecast 2019)

National Accounts 2014 2015 2016 2017 f.2018 f.2019
             
GDP growth (%) 3.1% 3.8% 3.8% 4.8% 3.3% 3.5%
Nominal GDP (USD millions) 19,757 20,980 21,644 22,975 23,924 25,887
GDP per Head (USD) 2,481 2,598 2,643 2,766 2,840 3,029
Inflation (%) 5.8% 2.4% 3.3% 4.7% 4.0% 4.1%
Fiscal Balance (% GDP) -4.3% -3.0% -2.8% -3.0% -3.3% -3.1%
General Govt. gross debt (% GDP) 45.4% 45.5% 47.1% 50.1% 50.3% 50.2%
   

Trade Statistics

Foreign Trade - Composition        
           
Exports     Imports    
           
By countries     By countries  
US 34.5%   US   40.3%
Germany 8.9%   Guatemala   10.4%
Belgium 7.7%   China   8.5%
El Salvador 7.3%   Mexico   8.2%
           
By products     By products  
Manufactures 61.3%   Manufactures 64.5%
Agricultural products 30.5%   Fuels and mining prod. 20.6%
Fuels and mining prod. 3.3%   Agricultural products 14.4%
   
Balance of Payments (USD millions) 2014 2015 2016 2017 f.2018 f.2019
             
Exports of Goods 8,117 8,226 7,940 8,764 9,071 9,529
Exports growth (%) 4.0% 1.3% -3.5% 10.4% 3.5% 5.0%
Imports of Goods 11,085 11,175 10,559 11,461 11,977 12,455
Imports growth (%) 1.2% 0.8% -5.5% 8.5% 4.5% 4.0%
Foreign Trade (% GDP) 97% 92% 85% 88% 88% 85%
             
Current Account Balance -1,438 -986 -599 -850 -940 -950
% GDP -7.3% -4.7% -2.8% -3.9% -3.9% -3.7%
Foreign Direct Investment 1,294 1,317 1,129 1,209 1,146 1,314
% GDP 6.6% 6.3% 5.3% 5.5% 4.8% 5.1%
   

 

Disclaimer

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