What is the GDP of Honduras?

Honduras's GDP is approximately $37.1 billion USD. The GDP growth rate is 3.6%.

What is the population of Honduras?

Honduras has a population of approximately 10.8 million people. The population growth rate is 1.7%.

What is the inflation rate in Honduras?

The inflation rate in Honduras is 4.6%.

What is the unemployment rate in Honduras?

The unemployment rate in Honduras is 4.9%.

What is the GDP per capita of Honduras?

Honduras's GDP per capita is approximately $3,426 USD.

Is Honduras a good country to invest in?

Honduras has an investment score of 33/100, classified as "Caution" risk. Key sectors include Agriculture, Textiles & Manufacturing, Remittances Services. Credit rating: NR.

How open is Honduras's economy to trade?

Honduras's trade openness (trade as % of GDP) is 91%. Exports total approximately $12.4B and imports $21.4B.

How much foreign investment does Honduras attract?

Foreign direct investment (FDI) in Honduras is 3.5% of GDP. This indicates strong foreign investor interest.

What are the main economic sectors in Honduras?

Honduras's economy is composed of services (58% of GDP), industry (26% of GDP), and agriculture (11% of GDP).

Can I start a business in Honduras as a foreigner?

Honduras offers various options for foreign entrepreneurs. Visit our business setup guide for Honduras for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Honduras's economy growing?

Honduras's GDP growth rate is 3.6%. This is above the global average, indicating strong economic momentum.

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Honduras Economy Overview

Name: Honduras Economic Data
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

Latin America & CaribbeanLower MiddleCapital: TegucigalpaHND

Caution

Growing

37.1B USD

GDP (Nominal)

Growing at 3.6%

$3,426

GDP Per Capita

Developing economy

10.8M

Population

+1.7% annual growth

High

4.6%

Inflation

Moderate

91%of GDP

Trade Openness

Strong

3.5%of GDP

FDI Inflows

Public Debt

Low

4.9%

Unemployment

Deficit

-$9B

Trade Balance

GDP

Billion USD, nominal

$37.1B

2024+2.7B

GDP Growth

Annual %

3.6%

2024+0.0%

Inflation

Consumer prices, annual %

4.6%

2024-2.1%

Population

Millions

10.8M

2024+0.2M

Economic Structure

Services58%

Industry26%

Agriculture11%

Investment Score Breakdown

Economic Health (30%)30

Political Safety (25%)28

Business Climate (20%)34

Financial Strength (15%)30

Growth Potential (10%)48

Key Sectors

Agriculture

14% of GDP

stable

Textiles & Manufacturing

15% of GDP

stable

Remittances Services

3% of GDP

growing

Tourism

5% of GDP

growing

Should I Invest in Honduras?

CautionSetup: ModerateROI: Moderate

Honduras scores 33/100 on the NationsData Investment Index, rated "Caution". Growth is healthy at 3.6%.

Investment Score33/100

GDP Growth3.6%

Inflation5%

FDI/GDP2.5%

Public Debt48%

Political Stability-0.5

Strengths

+Healthy GDP growth at 3.6%

Risks

-Significant political instability - governance risks may affect business continuity
-Elevated inflation (5%) - factor into pricing strategy
-Corruption is a significant concern - budget for compliance and due diligence
-Large current account deficit (-5.5%) - currency depreciation risk

Also Consider

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Nicaragua

Same region, similar income level

Suriname

Same region

Guatemala

Same region

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