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Indicators of economy in Honduras

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12.259 USD per capita. GDP in Honduras, on the other hand, reached USD 2.831 per capita, or 28.49 billion USD in the whole country. Honduras is therefore currently ranked 103 of the major economies. If this is calculated per inhabitant taking into account the purchasing power parity, then Honduras is in the list of the world's richest countries in place 127.

Inflation in Honduras was in 2021 at around 4.48%. Within the EU, the average in the same year was 2.55%. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 52.0% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.


Back to overview: Honduras

Impact of the Covid-19 pandemic

The consequences of the Covid pandemic were not insignificant in Honduras 2020. Overall, gross domestic product in 2020 fell from 25.09 billion US Dollar auf 23.83 billion US Dollar. With a drop of 5.0 percent, the economy in Honduras suffered more significant losses than other countries.. The tourism sector alone slumped by around 66 percent. The unemployment rate rose from 5.7 to 8.4 percent. The inflation rate has fallen from 4.4 percent previously to 3.5 percent by the end of 2020.

Unemployment rates in percent 1991 - 2021

Economic performance 2021

 Honduras
Total
Honduras
per capita
EU
Total
EU
per capita
GDP28.49 bn USD2,831.03 USD17.09 tn USD33,228.68 USD
Gross national product25.54 bn USD2,538.23 USD16.78 tn USD32,621.03 USD


Development of the Gross domestic product in billion US Dollar 1960 - 2021



Im- and Exports 2021

 Honduras
Total
Honduras
per capita
EU
Total
EU
per capita
Imports14.49 bn USD1,440.41 USD8,916.24 bn USD17,337.55 USD
Exports7.79 bn USD773.72 USD9,554.34 bn USD18,578.33 USD


Development of imports and exports in billions of USD 1974 - 2021

Exports
Imports



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