Markets Actual Q3 Q4 Q1 Q2 2022
Currency 23.68 23.72 23.77 23.81 23.85 23.95

Overview Actual Q3 Q4 Q1 Q2 2022
GDP Annual Growth Rate (%) 1.30 9 4.5 3.2 2.4 3.6
Unemployment Rate (%) 10.90 7.9 7.9 7.4 7.4 7.4
Inflation Rate (%) 4.67 3.2 3.3 3 3 3.4
Interest Rate (%) 3.00 3 3 3 3.75 3.75
Balance of Trade (USD Million) -540.70 -410 -410 -410 -410 -470
Current Account (USD Million) -92.60 -300 -350 -350 -350 -350
Current Account to GDP (% of GDP) 4.00 -0.3 -0.3 -0.3 -0.3 0.3
Government Debt to GDP (% of GDP) 54.86 50 50 50 50 51
Government Budget (% of GDP) -6.90 -7.5 -7.5 -7.5 -7.5 -5
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Personal Income Tax Rate (%) 25.00 25 25 25 25 25

GDP Actual Q3 Q4 Q1 Q2 2022
GDP Annual Growth Rate (%) 1.30 9 4.5 3.2 2.4 3.6
GDP (USD Billion) 23.83 24.9 24.9 24.9 24.9 25.7
GDP Constant Prices (HNL Million) 51414.00 51284 59783 53728 53059 55662
Gross National Product (HNL Million) 185737.50 232722 211603 194096 191681 201083
Gross Fixed Capital Formation (HNL Million) 111158.00 158903 138475 116160 114715 120342
GDP per capita (USD) 2010.55 2190 2190 2190 2190 2250
GDP per capita PPP (USD) 5138.39 5610 5610 5610 5610 5730
GDP From Agriculture (HNL Million) 6791.00 8197 8740 7097 7008 7352
GDP From Construction (HNL Million) 1212.00 1013 1751 1267 1251 1312
GDP From Manufacturing (HNL Million) 9797.00 8045 11503 10238 10111 10606
GDP From Mining (HNL Million) 94.00 72.45 111 98.23 97.01 102
GDP From Public Administration (HNL Million) 2661.00 3129 2929 2781 2746 2881
GDP From Transport (HNL Million) 1736.00 1424 2338 1814 1792 1879
GDP From Utilities (HNL Million) 1379.00 1526 1563 1441 1423 1493
GDP Growth Rate (%) 1.30 0.9 0.9 0.9 0.9 1.2

Labour Actual Q3 Q4 Q1 Q2 2022
Unemployment Rate (%) 10.90 7.9 7.9 7.4 7.4 7.4
Population (Million) 9.90 9.29 9.43 9.43 9.43 9.57

Prices Actual Q3 Q4 Q1 Q2 2022
Inflation Rate (%) 4.67 3.2 3.3 3 3 3.4
Consumer Price Index CPI (points) 356.30 355 366 361 364 374
Inflation Expectations (%) 4.43 4.3 4.5 4.5 4.5 4.5
Inflation Rate Mom (%) 0.28 0.3 0.5 0.5 0.5 0.5
Food Inflation (%) 1.50 5.4 5.6 3 3 5
Cpi Housing Utilities (points) 403.90 404 425 407 413 421
CPI Transportation (points) 403.50 380 413 405 416 427

Money Actual Q3 Q4 Q1 Q2 2022
Interest Rate (%) 3.00 3 3 3 3.75 3.75
Deposit Interest Rate (%) 8.13 8.13 8.3 8.13 8.13 8.13
Foreign Exchange Reserves (USD Million) 8373.25 4500 4500 4500 4500 4500

Trade Actual Q3 Q4 Q1 Q2 2022
Balance of Trade (USD Million) -540.70 -410 -410 -410 -410 -470
Current Account (USD Million) -92.60 -300 -350 -350 -350 -350
Current Account to GDP (% of GDP) 4.00 -0.3 -0.3 -0.3 -0.3 0.3
Imports (USD Million) 997.94 890 890 890 890 890
Exports (USD Million) 457.24 480 420 420 420 420
External Debt (USD Million) 10833.30 9250 9600 9600 9600 9600
Remittances (USD Million) 637.50 430 420 420 420 450
Foreign Direct Investment (USD Million) 95.10 120 160 160 160 280
Capital Flows (USD Million) 381.60 780 800 800 800 800

Government Actual Q3 Q4 Q1 Q2 2022
Government Debt to GDP (% of GDP) 54.86 50 50 50 50 51
Government Budget (% of GDP) -6.90 -7.5 -7.5 -7.5 -7.5 -5
Government Spending (HNL Million) 7450.00 7754 7845 7785 7688 8066
Military Expenditure (USD Million) 392.00 390 390 400 400 400

Taxes Actual Q3 Q4 Q1 Q2 2022
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Personal Income Tax Rate (%) 25.00 25 25 25 25 25
Sales Tax Rate (%) 15.00 15 15 15 15 15

Business Actual Q3 Q4 Q1 Q2 2022
Leading Economic Index (% ) -3.50 3.8 3.7 3.7 3.7 3.5

Consumer Actual Q3 Q4 Q1 Q2 2022
Consumer Spending (HNL Million) 41848.00 40566 44701 43731 43187 45305
Private Sector Credit (HNL Million) 309257.65 295000 295000 295000 295000 295000
Gasoline Prices (USD/Liter) 1.03 0.98 0.93 0.88 0.84 0.8

Housing Actual Q3 Q4 Q1 Q2 2022
Building Permits (Units) 431.00 430 460 460 460 530


This page has economic forecasts for Honduras including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Honduras economy.