Honduras - Economic Indicators

Economic Overview

Honduras, the second poorest country in Central America, suffers from extraordinarily unequal distribution of income, as well as high underemployment. While historically dependent on the export of bananas and coffee, Honduras has diversified its export base to include apparel and automobile wire harnessing. Honduras’s economy depends heavily on US trade and remittances. The US-Central America-Dominican Republic Free Trade Agreement came into force in 2006 and has helped foster foreign direct investment, but physical and political insecurity, as well as crime and perceptions...

Continue reading View Factbook for Honduras

GDP Reference Last Previous Units Frequency
Nominal Fixed Investment (gross fixed capital formation) 2017 124,535,900,000 109,419,600,000 NCU Annual
Real Investment 2017 46,452,900,000 43,716,800,000 NCU Annual
Real Fixed Investment (gross fixed capital formation) 2017 42,180,800,000 39,240,200,000 NCU Annual
Private Consumption 2016 380,833,600,000 355,679,900,000 HNL Annual
Nominal Gross Domestic Product 2016 491,339,300,000 457,432,000,000 HNL Annual
Investment 2016 106,898,100,000 108,454,400,000 HNL Annual
Government Consumption 2016 71,274 66,399 Mil. HNL Annual
Real Gross Domestic Product 2015 118.74 114.57 Index 2005=100 Annual
Price Reference Last Previous Units Frequency
Consumer Price Index (CPI) Jun 2018 143.68 143.09 2010=100, NSA Monthly
Labor Reference Last Previous Units Frequency
Agriculture Employment 2017 1,228,683 1,197,661 # Annual
Unemployment Rate 2017 4.46 4.67 % of total labor force Annual
Labor Force 2016 4,203,333 4,074,281 # Annual
Wage & Salaries 2015 46,258,835,991 44,412,517,124 NCU Annual
Labor Force Employment 2010 3,280 Ths. Annual
Trade Reference Last Previous Units Frequency
Exports of Goods 2018 Q1 1,276,519,093 969,827,236 USD, NSA Quarterly
Current Account Balance 2018 Q1 69,617,665 -414,847,252 USD, NSA Quarterly
Balance of Goods 2018 Q1 -919,412,608 -1,309,279,750 USD, NSA Quarterly
Imports of Goods 2018 Q1 2,195,931,702 2,279,106,986 USD, NSA Quarterly
Real Exports of Goods and Services 2017 115,482,100,000 109,406,000,000 NCU Annual
Imports of Goods and Services 2017 317,642,000,000 286,050,600,000 NCU Annual
Real Imports of Goods and Services 2017 135,989,100,000 129,155,100,000 NCU Annual
Exports of Goods and Services 2016 209,902,600,000 210,403,500,000 HNL Annual
Markets Reference Last Previous Units Frequency
Lending Rate May 2017 5.5 5.5 % - End of period Monthly
Average Long-term Government Bond Nov 2007 8.06 8.03 % Monthly
Demographics Reference Last Previous Units Frequency
Population 2017 9,265,067 9,112,867 # Annual
Birth Rate 2016 21.72 22.04 # per Ths. pop. Annual
Death Rate 2016 4.8 4.81 # per Ths. pop. Annual
Net Migration 2012 -15,001 # Annual

Factbook

Background

Background:
Once part of Spain's vast empire in the New World, Honduras became an independent nation in 1821. After two and a half decades of mostly military rule, a freely elected civilian government came to power in 1982. During the 1980s, Honduras proved a haven for anti-Sandinista contras fighting the Marxist Nicaraguan Government and an ally to Salvadoran Government forces fighting leftist guerrillas. The country was devastated by Hurricane Mitch in 1998, which killed about 5,600 people and caused approximately $2 billion in damage. Since then, the economy has slowly rebounded.

Geography

Location:
Central America, bordering the Caribbean Sea, between Guatemala and Nicaragua and bordering the Gulf of Fonseca (North Pacific Ocean), between El Salvador and Nicaragua
Geographic coordinates:
15 00 N, 86 30 W
Map references:
Central America and the Caribbean
Area:
total: 112,090 sq km
land: 111,890 sq km
water: 200 sq km
country comparison to the world: 104
Area - comparative:
slightly larger than Tennessee
Area comparison map:
Land boundaries:
total: 1,575 km
border countries (3): Guatemala 244 km, El Salvador 391 km, Nicaragua 940 km
Coastline:
823 km (Caribbean Sea 669 km, Gulf of Fonseca 163 km)
Maritime claims:
territorial sea: 12 nm
contiguous zone: 24 nm
exclusive economic zone: 200 nm
continental shelf: natural extension of territory or to 200 nm
Climate:
subtropical in lowlands, temperate in mountains
Terrain:
mostly mountains in interior, narrow coastal plains
Elevation:
mean elevation: 684 m
elevation extremes: lowest point: Caribbean Sea 0 m
highest point: Cerro Las Minas 2,870 m
Natural resources:
timber, gold, silver, copper, lead, zinc, iron ore, antimony, coal, fish, hydropower
Land use:
agricultural land: 28.8%
arable land 9.1%; permanent crops 4%; permanent pasture 15.7%
forest: 45.3%
other: 25.9% (2011 est.)
Irrigated land:
900 sq km (2012)
Population - distribution:
most residents live in the mountainous western half of the country; unlike other Central American nations, Honduras is the only one with an urban population that is distributed between two large centers - the capital of Tegucigalpa and the city of San Pedro Sula; the Rio Ulua valley in the north is the only densely populated lowland area
Natural hazards:
frequent, but generally mild, earthquakes; extremely susceptible to damaging hurricanes and floods along the Caribbean coast
Environment - current issues:
urban population expanding; deforestation results from logging and the clearing of land for agricultural purposes; further land degradation and soil erosion hastened by uncontrolled development and improper land use practices such as farming of marginal lands; mining activities polluting Lago de Yojoa (the country's largest source of fresh water), as well as several rivers and streams, with heavy metals
Environment - international agreements:
party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands
signed, but not ratified: none of the selected agreements
Geography - note:
has only a short Pacific coast but a long Caribbean shoreline, including the virtually uninhabited eastern Mosquito Coast

People & Society

Population:
9,038,741
note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2017 est.)
country comparison to the world: 94
Nationality:
noun: Honduran(s)
adjective: Honduran
Ethnic groups:
mestizo (mixed Amerindian and European) 90%, Amerindian 7%, black 2%, white 1%
Languages:
Spanish (official), Amerindian dialects
Religions:
Roman Catholic 46%, Protestant 41%, atheist 1%, other 2%, none 9% (2014 est.)
Demographic profile:
Honduras is one of the poorest countries in Latin America and has one of the world's highest murder rates. More than half of the population lives in poverty and per capita income is one of the lowest in the region. Poverty rates are higher among rural and indigenous people and in the south, west, and along the eastern border than in the north and central areas where most of Honduras' industries and infrastructure are concentrated. The increased productivity needed to break Honduras' persistent high poverty rate depends, in part, on further improvements in educational attainment. Although primary-school enrollment is near 100%, educational quality is poor, the drop-out rate and grade repetition remain high, and teacher and school accountability is low.
Honduras' population growth rate has slowed since the 1990s, but it remains high at nearly 2% annually because the birth rate averages approximately three children per woman and more among rural, indigenous, and poor women. Consequently, Honduras' young adult population - ages 15 to 29 - is projected to continue growing rapidly for the next three decades and then stabilize or slowly shrink. Population growth and limited job prospects outside of agriculture will continue to drive emigration. Remittances represent about a fifth of GDP.
Age structure:
0-14 years: 32.95% (male 1,521,300/female 1,456,727)
15-24 years: 21% (male 968,013/female 930,060)
25-54 years: 36.63% (male 1,675,574/female 1,635,241)
55-64 years: 5.13% (male 218,342/female 245,447)
65 years and over: 4.29% (male 167,957/female 220,080) (2017 est.)
population pyramid:
Dependency ratios:
total dependency ratio: 59.8
youth dependency ratio: 52.7
elderly dependency ratio: 7.1
potential support ratio: 14.2 (2015 est.)
Median age:
total: 23 years
male: 22.6 years
female: 23.3 years (2017 est.)
country comparison to the world: 172
Population growth rate:
1.6% (2017 est.)
country comparison to the world: 67
Birth rate:
22.4 births/1,000 population (2017 est.)
country comparison to the world: 68
Death rate:
5.3 deaths/1,000 population (2017 est.)
country comparison to the world: 184
Net migration rate:
-1.1 migrant(s)/1,000 population (2017 est.)
country comparison to the world: 141
Population distribution:
most residents live in the mountainous western half of the country; unlike other Central American nations, Honduras is the only one with an urban population that is distributed between two large centers - the capital of Tegucigalpa and the city of San Pedro Sula; the Rio Ulua valley in the north is the only densely populated lowland area
Urbanization:
urban population: 55.9% of total population (2017)
rate of urbanization: 2.85% annual rate of change (2015-20 est.)
Major urban areas - population:
TEGUCIGALPA (capital) 1.123 million; San Pedro Sula 852,000 (2015)
Sex ratio:
at birth: 1.05 male(s)/female
0-14 years: 1.04 male(s)/female
15-24 years: 1.04 male(s)/female
25-54 years: 1.02 male(s)/female
55-64 years: 0.88 male(s)/female
65 years and over: 0.77 male(s)/female
total population: 1.01 male(s)/female (2017 est.)
Mother's mean age at first birth:
20.4 years
note: median age a first birth among women 25-29 (2011/12 est.)
Maternal mortality ratio:
129 deaths/100,000 live births (2015 est.)
country comparison to the world: 65
Infant mortality rate:
total: 17.2 deaths/1,000 live births
male: 19.4 deaths/1,000 live births
female: 14.8 deaths/1,000 live births (2017 est.)
country comparison to the world: 95
Life expectancy at birth:
total population: 71.2 years
male: 69.5 years
female: 72.9 years (2017 est.)
country comparison to the world: 151
Total fertility rate:
2.67 children born/woman (2017 est.)
country comparison to the world: 70
Contraceptive prevalence rate:
73.2% (2011/12)
Health expenditures:
8.7% of GDP (2014)
country comparison to the world: 45
Hospital bed density:
0.7 beds/1,000 population (2014)
Drinking water source:
improved:
urban: 97.4% of population
rural: 83.8% of population
total: 91.2% of population
unimproved:
urban: 2.6% of population
rural: 16.2% of population
total: 8.8% of population (2015 est.)
Sanitation facility access:
improved:
urban: 86.7% of population
rural: 77.7% of population
total: 82.6% of population
unimproved:
urban: 13.3% of population
rural: 22.3% of population
total: 17.4% of population (2015 est.)
HIV/AIDS - adult prevalence rate:
0.4% (2016 est.)
country comparison to the world: 69
HIV/AIDS - people living with HIV/AIDS:
21,000 (2016 est.)
country comparison to the world: 75
HIV/AIDS - deaths:
<1000 (2016 est.)
Major infectious diseases:
degree of risk: high
food or waterborne diseases: bacterial diarrhea, hepatitis A, and typhoid fever
vectorborne diseases: dengue fever and malaria
note: active local transmission of Zika virus by Aedes species mosquitoes has been identified in this country (as of August 2016); it poses an important risk (a large number of cases possible) among US citizens if bitten by an infective mosquito; other less common ways to get Zika are through sex, via blood transfusion, or during pregnancy, in which the pregnant woman passes Zika virus to her fetus (2016)
Obesity - adult prevalence rate:
21.4% (2016)
country comparison to the world: 89
Children under the age of 5 years underweight:
7.1% (2012)
country comparison to the world: 76
Education expenditures:
5.9% of GDP (2013)
Literacy:
definition: age 15 and over can read and write
total population: 89%
male: 89%
female: 88.9% (2015 est.)
School life expectancy (primary to tertiary education):
total: 11 years
male: 11 years
female: 12 years (2014)
Unemployment, youth ages 15-24:
total: 14.2%
male: 7.6%
female: 25.6% (2015 est.)
country comparison to the world: 94

Government

Country name:
conventional long form: Republic of Honduras
conventional short form: Honduras
local long form: Republica de Honduras
local short form: Honduras
etymology: the name means "depths" in Spanish and refers to the deep anchorage in the northern Bay of Trujillo
Government type:
presidential republic
Capital:
name: Tegucigalpa
geographic coordinates: 14 06 N, 87 13 W
time difference: UTC-6 (1 hour behind Washington, DC during Standard Time)
Administrative divisions:
18 departments (departamentos, singular - departamento); Atlantida, Choluteca, Colon, Comayagua, Copan, Cortes, El Paraiso, Francisco Morazan, Gracias a Dios, Intibuca, Islas de la Bahia, La Paz, Lempira, Ocotepeque, Olancho, Santa Barbara, Valle, Yoro
Independence:
15 September 1821 (from Spain)
National holiday:
Independence Day, 15 September (1821)
Constitution:
several previous; latest approved 11 January 1982, effective 20 January 1982; amended many times, last in 2012; note - in 2015 and 2016, successive rulings by the Honduran Supreme Court struck down several constitutional articles on presidential term limits (2018)
Legal system:
civil law system
International law organization participation:
accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction
Citizenship:
citizenship by birth: yes
citizenship by descent: yes
dual citizenship recognized: yes
residency requirement for naturalization: 1 to 3 years
Suffrage:
18 years of age; universal and compulsory
Executive branch:
chief of state: President Juan Orlando HERNANDEZ Alvarado (since 27 January 2014); Vice Presidents Ricardo ALVAREZ, Maria RIVERA, and Olga ALVARADO (since 26 January 2018); note - the president is both chief of state and head of government
head of government: President Juan Orlando HERNANDEZ Alvarado (since 27 January 2014); Vice Presidents Ricardo ALVAREZ, Rossana GUEVARA, and Lorena HERRERA (since 27 January 2014)
cabinet: Cabinet appointed by president
elections/appointments: president directly elected by simple majority popular vote for a single 4-year term; election last held on 26 November 2017 (next to be held in November 2021); note - in 2015, the Constitutional Chamber of the Honduran Supreme Court struck down the constitutional provisions on presidential term limits
election results: Juan Orlando HERNANDEZ Alvarado reelected president; percent of vote Juan Orlando HERNANDEZ Alvarado (PNH) 43%, Salvador NASRALLA (Alianza Opositora) 41.4%, Luis Orlando ZELAYA Medrano (PL) 14.7%, other .9%
Legislative branch:
description: unicameral National Congress or Congreso Nacional (128 seats; members directly elected in multi-seat constituencies by proportional representation vote; members serve 4-year terms)
elections: last held on 27 November 2017 (next to be held on 28 November 2021)
election results: percent of vote by party - PNH 47.7%, LIBRE 23.4%, PL 20.3%, PINU 3.1%, DC 0.8%, PAC 0.8%, UD 0.8%, other 3.1%; seats by party - PNH 61, LIBRE 30, PL 26, AP 4, PINU 4, DC 1, PAC 1, UD 1
Judicial branch:
highest court(s): Supreme Court of Justice or Corte Suprema de Justicia (15 principal judges - including the court president - and 7 alternates; court organized into civil, criminal, constitutional, and labor chambers); note - the court has both judicial and constitutional jurisdiction
judge selection and term of office: court president elected by his peers; judges elected by the National Congress from candidates proposed by the Nominating Board, a diverse 7-member group of judicial officials, and other government and non-government officials selected by each of their organizations; judges elected by Congress for renewable, 7-year terms
subordinate courts: courts of appeal; courts of first instance; peace courts
Political parties and leaders:
Alliance against the Dictatorship or Alianza Opositora [Salvador NASRALLA] (electoral coalition)
Anti-Corruption Party or PAC [Marlene ALVARENGA]
Christian Democratic Party or DC [Felicito AVILA Ordonez]
Democratic Unification Party or UD [Cesar HAM]
Freedom and Refoundation Party or LIBRE [Jose Manuel ZELAYA Rosales]
Honduran Patriotic Alliance or AP [Romeo VASQUEZ Velasquez]
Liberal Party or PL [Luis Orlando ZELAYA Medrano]
National Party of Honduras or PNH [Reinaldo SANCHEZ Rivera]
Innovation and Unity Party or PINU [Guillermo VALLE]
Political pressure groups and leaders:
Civic Council of Popular and Indigenous Organizations of Honduras or COPINH
Committee for the Defense of Human Rights in Honduras or CODEH
Committee of the Relatives of the Disappeared in Honduras or COFADEH
Confederation of Honduran Workers or CTH
Coordinating Committee of Popular Organizations or CCOP
General Workers Confederation or CGT
Honduran Council of Private Enterprise or COHEP
National Association of Honduran Peasants or ANACH
National Union of Peasants or UNC
United Confederation of Honduran Workers or CUTH
United Farm Workers' Movement of the Aguan OR MUCA
International organization participation:
BCIE, CACM, CD, CELAC, EITI (candidate country), FAO, G-11, G-77, IADB, IAEA, IBRD, ICAO, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC (suspended), IOM, IPU, ISO (subscriber), ITSO, ITU, ITUC (NGOs), LAES, LAIA (observer), MIGA, MINURSO, MINUSTAH, NAM, OAS, OPANAL, OPCW, Pacific Alliance (observer), PCA, Petrocaribe, SICA, UN, UNCTAD, UNESCO, UNIDO, Union Latina, UNWTO, UPU, WCO (suspended), WFTU (NGOs), WHO, WIPO, WMO, WTO
Diplomatic representation in the US:
chief of mission: Ambassador Marlon Ramsses TABORA Munoz (since 24 April 2017)
chancery: Suite 4-M, 3007 Tilden Street NW, Washington, DC 20008
telephone: [1] (202) 966-2604
FAX: [1] (202) 966-9751
consulate(s): Dallas, McAllen (TX)
consulate(s) general: Atlanta, Chicago, Houston, Los Angeles, Miami, New Orleans, New York, San Francisco
Diplomatic representation from the US:
chief of mission: Ambassador (vacant); Charge d'Affaires Heide B. FULTON (since June 2017)
embassy: Avenida La Paz, Apartado Postal No. 3453, Tegucigalpa
mailing address: American Embassy, APO AA 34022, Tegucigalpa
telephone: [504] 2236-9320, 2238-5114
FAX: [504] 2236-9037
Flag description:
three equal horizontal bands of cerulean blue (top), white, and cerulean blue, with five cerulean, five-pointed stars arranged in an X pattern centered in the white band; the stars represent the members of the former Federal Republic of Central America: Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua; the blue bands symbolize the Pacific Ocean and the Caribbean Sea; the white band represents the land between the two bodies of water and the peace and prosperity of its people
note: similar to the flag of El Salvador, which features a round emblem encircled by the words REPUBLICA DE EL SALVADOR EN LA AMERICA CENTRAL centered in the white band; also similar to the flag of Nicaragua, which features a triangle encircled by the words REPUBLICA DE NICARAGUA on top and AMERICA CENTRAL on the bottom, centered in the white band
National symbol(s):
scarlet macaw, white-tailed deer; national colors: blue, white
National anthem:
name: "Himno Nacional de Honduras" (National Anthem of Honduras)
lyrics/music: Augusto Constancio COELLO/Carlos HARTLING
note: adopted 1915; the anthem's seven verses chronicle Honduran history; on official occasions, only the chorus and last verse are sung

Economy

Economy - overview:
Honduras, the second poorest country in Central America, suffers from extraordinarily unequal distribution of income, as well as high underemployment. While historically dependent on the export of bananas and coffee, Honduras has diversified its export base to include apparel and automobile wire harnessing.
Honduras’s economy depends heavily on US trade and remittances. The US-Central America-Dominican Republic Free Trade Agreement came into force in 2006 and has helped foster foreign direct investment, but physical and political insecurity, as well as crime and perceptions of corruption, may deter potential investors; about 15% of foreign direct investment is from US firms.
The economy registered modest economic growth of 3.1%-4.0% from 2010 to 2017, insufficient to improve living standards for the nearly 65% of the population in poverty. In 2017, Honduras faced rising public debt, but its economy has performed better than expected due to low oil prices and improved investor confidence. Honduras signed a three-year standby arrangement with the IMF in December 2014, aimed at easing Honduras’s poor fiscal position.
GDP (purchasing power parity):
$45.68 billion (2017 est.)
$43.92 billion (2016 est.)
$42.39 billion (2015 est.)
note: data are in 2017 dollars
country comparison to the world: 112
GDP (official exchange rate):
$22.68 billion (2017 est.)
GDP - real growth rate:
4% (2017 est.)
3.6% (2016 est.)
3.6% (2015 est.)
country comparison to the world: 64
GDP - per capita (PPP):
$5,500 (2017 est.)
$5,400 (2016 est.)
$5,200 (2015 est.)
note: data are in 2017 dollars
country comparison to the world: 169
Gross national saving:
21.5% of GDP (2017 est.)
19.5% of GDP (2016 est.)
19.3% of GDP (2015 est.)
country comparison to the world: 79
GDP - composition, by end use:
household consumption: 78%
government consumption: 14.9%
investment in fixed capital: 22.3%
investment in inventories: 1.2%
exports of goods and services: 42.5%
imports of goods and services: -58.9% (2017 est.)
GDP - composition, by sector of origin:
agriculture: 13.8%
industry: 28.4%
services: 57.8% (2017 est.)
Agriculture - products:
bananas, coffee, citrus, corn, African palm; beef; timber; shrimp, tilapia, lobster, sugar, oriental vegetables
Industries:
sugar processing, coffee, woven and knit apparel, wood products, cigars
Industrial production growth rate:
4.8% (2017 est.)
country comparison to the world: 53
Labor force:
3.735 million (2017 est.)
country comparison to the world: 97
Labor force - by occupation:
agriculture: 39.2%
industry: 20.9%
services: 39.8% (2005 est.)
Unemployment rate:
5.9% (2017 est.)
6.3% (2016 est.)
note: about one-third of the people are underemployed
country comparison to the world: 82
Population below poverty line:
29.6% (2014 est.)
Household income or consumption by percentage share:
lowest 10%: 1.2%
highest 10%: 38.4% (2014 est.)
Distribution of family income - Gini index:
47.1 (2014 est.)
45.7 (2009 est.)
country comparison to the world: 28
Budget:
revenues: $4.376 billion
expenditures: $5.086 billion (2017 est.)
Taxes and other revenues:
19.3% of GDP (2017 est.)
country comparison to the world: 159
Budget surplus (+) or deficit (-):
-3.1% of GDP (2017 est.)
country comparison to the world: 117
Public debt:
51.9% of GDP (2017 est.)
47.7% of GDP (2016 est.)
country comparison to the world: 97
Fiscal year:
calendar year
Inflation rate (consumer prices):
4% (2017 est.)
2.7% (2016 est.)
country comparison to the world: 154
Central bank discount rate:
6.25% (31 December 2010 est.)
country comparison to the world: 68
Commercial bank prime lending rate:
19.7% (31 December 2017 est.)
19.33% (31 December 2016 est.)
country comparison to the world: 18
Stock of narrow money:
$2.729 billion (31 December 2017 est.)
$2.455 billion (31 December 2016 est.)
country comparison to the world: 123
Stock of broad money:
$9.334 billion (31 December 2017 est.)
$8.602 billion (31 December 2016 est.)
country comparison to the world: 107
Stock of domestic credit:
$13.72 billion (31 December 2017 est.)
$12.65 billion (31 December 2016 est.)
country comparison to the world: 102
Market value of publicly traded shares:
$NA
Current account balance:
$-917 million (2017 est.)
$-811 million (2016 est.)
country comparison to the world: 129
Exports:
$8.173 billion (2017 est.)
$7.841 billion (2016 est.)
country comparison to the world: 96
Exports - commodities:
coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber
Exports - partners:
US 36.7%, Germany 10.7%, El Salvador 8.6%, Guatemala 6.5%, Netherlands 5.4%, Nicaragua 5.3% (2016)
Imports:
$10.87 billion (2017 est.)
$10.56 billion (2016 est.)
country comparison to the world: 94
Imports - commodities:
communications equipment, machinery and transport, industrial raw materials, chemical products, fuels, foodstuffs
Imports - partners:
US 32.8%, China 14.1%, Guatemala 8.9%, Mexico 7.3%, El Salvador 5.7% (2016)
Reserves of foreign exchange and gold:
$4.46 billion (31 December 2017 est.)
$3.814 billion (31 December 2016 est.)
country comparison to the world: 96
Debt - external:
$9.025 billion (31 December 2017 est.)
$7.852 billion (31 December 2016 est.)
country comparison to the world: 118
Exchange rates:
lempiras (HNL) per US dollar -
23.74 (2017 est.)
23 (2016 est.)
23 (2015 est.)
22.1 (2014 est.)
21.14 (2013 est.)

Energy

Electricity access:
population without electricity: 900,000
electrification - total population: 82%
electrification - urban areas: 97%
electrification - rural areas: 66% (2013)
Electricity - production:
8.367 billion kWh (2015 est.)
country comparison to the world: 108
Electricity - consumption:
7.215 billion kWh (2015 est.)
country comparison to the world: 108
Electricity - exports:
536 million kWh (2015 est.)
country comparison to the world: 67
Electricity - imports:
679 million kWh (2015 est.)
country comparison to the world: 76
Electricity - installed generating capacity:
2.499 million kW (2015 est.)
country comparison to the world: 105
Electricity - from fossil fuels:
45.6% of total installed capacity (2015 est.)
country comparison to the world: 157
Electricity - from nuclear fuels:
0% of total installed capacity (2015 est.)
country comparison to the world: 108
Electricity - from hydroelectric plants:
25.2% of total installed capacity (2015 est.)
country comparison to the world: 79
Electricity - from other renewable sources:
32% of total installed capacity (2015 est.)
country comparison to the world: 12
Crude oil - production:
0 bbl/day (2016 est.)
country comparison to the world: 149
Crude oil - exports:
0 bbl/day (2014 est.)
country comparison to the world: 137
Crude oil - imports:
0 bbl/day (2014 est.)
country comparison to the world: 140
Crude oil - proved reserves:
0 bbl (1 January 2017 est.)
country comparison to the world: 148
Refined petroleum products - production:
0 bbl/day (2014 est.)
country comparison to the world: 157
Refined petroleum products - consumption:
52,000 bbl/day (2015 est.)
country comparison to the world: 105
Refined petroleum products - exports:
13,160 bbl/day (2014 est.)
country comparison to the world: 77
Refined petroleum products - imports:
64,820 bbl/day (2014 est.)
country comparison to the world: 71
Natural gas - production:
0 cu m (2013 est.)
country comparison to the world: 149
Natural gas - consumption:
0 cu m (2013 est.)
country comparison to the world: 193
Natural gas - exports:
0 cu m (2013 est.)
country comparison to the world: 121
Natural gas - imports:
0 cu m (2013 est.)
country comparison to the world: 138
Natural gas - proved reserves:
0 cu m (1 January 2014 est.)
country comparison to the world: 152
Carbon dioxide emissions from consumption of energy:
10 million Mt (2013 est.)
country comparison to the world: 103

Communications

Telephones - fixed lines:
total subscriptions: 442,929
subscriptions per 100 inhabitants: 5 (July 2016 est.)
country comparison to the world: 99
Telephones - mobile cellular:
total: 7,832,802
subscriptions per 100 inhabitants: 87 (July 2016 est.)
country comparison to the world: 99
Telephone system:
general assessment: fixed-line connections are increasing but still limited; competition among multiple providers of mobile-cellular services is contributing to a sharp increase in subscribership
domestic: beginning in 2003, private sub-operators allowed to provide fixed lines in order to expand telephone coverage contributing to a small increase in fixed-line teledensity; mobile-cellular subscribership is roughly 90 per 100 persons
international: country code - 504; landing point for both the Americas Region Caribbean Ring System (ARCOS-1) and the MAYA-1 fiber-optic submarine cable system that together provide connectivity to South and Central America, parts of the Caribbean, and the US; satellite earth stations - 2 Intelsat (Atlantic Ocean); connected to Central American Microwave System (2016)
Broadcast media:
multiple privately owned terrestrial TV networks, supplemented by multiple cable TV networks; Radio Honduras is the lone government-owned radio network; roughly 300 privately owned radio stations (2007)
Internet country code:
.hn
Internet users:
total: 2,667,978
percent of population: 30.0% (July 2016 est.)
country comparison to the world: 103

Transportation

National air transport system:
number of registered air carriers: 5
inventory of registered aircraft operated by air carriers: 10
annual passenger traffic on registered air carriers: 251,149
annual freight traffic on registered air carriers: 502,372 mt-km (2015)
Civil aircraft registration country code prefix:
HR (2016)
Airports:
103 (2013)
country comparison to the world: 54
Airports - with paved runways:
total: 13
2,438 to 3,047 m: 3
1,524 to 2,437 m: 3
914 to 1,523 m: 4
under 914 m: 3 (2017)
Airports - with unpaved runways:
total: 90
1,524 to 2,437 m: 1
914 to 1,523 m: 16
under 914 m: 73 (2013)
Railways:
total: 699 km
narrow gauge: 164 km 1.067-m gauge; 115 km 1.057-m gauge; 420 km 0.914-m gauge (2014)
country comparison to the world: 102
Roadways:
total: 14,742 km
paved: 3,367 km
unpaved: 11,375 km (1,543 km summer only)
note: an additional 8,951 km of non-official roads used by the coffee industry (2012)
country comparison to the world: 125
Waterways:
465 km (most navigable only by small craft) (2012)
country comparison to the world: 84
Merchant marine:
total: 552
by type: container ship 1, general cargo 250, oil tanker 90, other 211 (2017)
country comparison to the world: 38
Ports and terminals:
major seaport(s): La Ceiba, Puerto Cortes, San Lorenzo, Tela

Military & Security

Military expenditures:
1.59% of GDP (2016)
1.52% of GDP (2015)
1.62% of GDP (2014)
1.55% of GDP (2013)
1.15% of GDP (2012)
country comparison to the world: 67
Military branches:
Honduran Armed Forces (Fuerzas Armadas de Honduras, FFAA): Army, Navy (includes Naval Infantry), Honduran Air Force (Fuerza Aerea Hondurena, FAH) (2018)
Military service age and obligation:
18 years of age for voluntary 2- to 3-year military service; no conscription (2018)

Transnational Issues

Disputes - international:
International Court of Justice (ICJ) ruled on the delimitation of "bolsones" (disputed areas) along the El Salvador-Honduras border in 1992 with final settlement by the parties in 2006 after an Organization of American States survey and a further ICJ ruling in 2003; the 1992 ICJ ruling advised a tripartite resolution to a maritime boundary in the Gulf of Fonseca with consideration of Honduran access to the Pacific; El Salvador continues to claim tiny Conejo Island, not mentioned in the ICJ ruling, off Honduras in the Gulf of Fonseca; Honduras claims the Belizean-administered Sapodilla Cays off the coast of Belize in its constitution, but agreed to a joint ecological park around the cays should Guatemala consent to a maritime corridor in the Caribbean under the OAS-sponsored 2002 Belize-Guatemala Differendum
Refugees and internally displaced persons:
IDPs: 190,000 (violence, extortion, threats, forced recruitment by urban gangs) (2017)
Illicit drugs:
transshipment point for drugs and narcotics; illicit producer of cannabis, cultivated on small plots and used principally for local consumption; corruption is a major problem; some money-laundering activity

Economic Indicators for Honduras including actual values, historical data, and latest data updates for the Honduras economy.