Markets Actual Q3 Q4 Q1 Q2 2023
Currency 24.60 24.62 24.67 24.71 24.76 24.85

Overview Actual Q3 Q4 Q1 Q2 2023
GDP Annual Growth Rate (%) 6.10 2 3.6 3.6 3.6 3.8
Unemployment Rate (%) 10.90 7.4 7.4 7.4 7.4 7.4
Inflation Rate (%) 10.40 8.8 7.4 6 5 3.2
Interest Rate (%) 3.00 3 4.5 4.5 3 3
Balance of Trade (USD Million) -839.75 -470 -470 -470 -470 -470
Current Account (USD Million) -205.20 -350 -350 -350 -350 -350
Current Account to GDP (% of GDP) -4.30 1.2 1.2 1.2 1.2 -0.3
Government Debt to GDP (% of GDP) 51.46 48 48 48 48 44
Government Budget (% of GDP) -6.90 -3 -3 -3 -3 -2.2
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 2023
GDP Annual Growth Rate (%) 6.10 2 3.6 3.6 3.6 3.8
GDP (USD Billion) 28.49 29.6 29.6 30.6 30.6 30.6
GDP Constant Prices (HNL Million) 58206.00 58523 59736 60301 60301 62006
Gross National Product (HNL Million) 206327.40 190195 189452 213755 213755 221878
Gross Fixed Capital Formation (HNL Million) 154006.20 113826 113381 159550 159550 165613
GDP per Capita (USD) 2479.99 2574 2574 2664 2664 2664
GDP per Capita PPP (USD) 5691.42 5713 5713 5778 5778 5778
GDP from Agriculture (HNL Million) 7251.00 7506 7591 7512 7512 7879
GDP from Construction (HNL Million) 1367.00 1399 1499 1416 1416 1556
GDP from Manufacturing (HNL Million) 11396.00 11009 11592 11806 11806 12032
GDP from Mining (HNL Million) 103.00 106 111 107 107 115
GDP from Public Administration (HNL Million) 2866.00 2876 2954 2969 2969 3066
GDP from Transport (HNL Million) 2034.00 1980 2088 2107 2107 2167
GDP from Utilities (HNL Million) 1702.00 1879 1842 1763 1763 1912
GDP Growth Rate (%) 0.90 0.8 1.2 1.5 -0.3 1

Labour Actual Q3 Q4 Q1 Q2 2023
Unemployment Rate (%) 10.90 7.4 7.4 7.4 7.4 7.4
Population (Million) 9.43 9.56 9.56 9.68 9.68 9.68

Prices Actual Q3 Q4 Q1 Q2 2023
Inflation Rate (%) 10.40 8.8 7.4 6 5 3.2
Consumer Price Index CPI (points) 396.10 385 396 400 412 408
Inflation Expectations (%) 8.16 4.5 4.5 4.5 4.5 4.5
Inflation Rate MoM (%) -0.03 0.3 0.3 0.3 0.3 0.4
CPI Housing Utilities (points) 417.70 435 434 434 435 448
CPI Transportation (points) 428.20 429 431 432 433 435
Core Inflation Rate (%) 9.16 8.78 8.29 6.71 4.85 4
Food Inflation (%) 8.19 8 6 5 5 4

Money Actual Q3 Q4 Q1 Q2 2023
Interest Rate (%) 3.00 3 4.5 4.5 3 3
Deposit Interest Rate (%) 5.80 5.8 7.3 7.3 5.8 5.8
Foreign Exchange Reserves (USD Million) 8214.49 4500 4500 4500 4500 4500

Trade Actual Q3 Q4 Q1 Q2 2023
Balance of Trade (USD Million) -839.75 -470 -470 -470 -470 -470
Current Account (USD Million) -205.20 -350 -350 -350 -350 -350
Current Account to GDP (% of GDP) -4.30 1.2 1.2 1.2 1.2 -0.3
Imports (USD Million) 1484.02 890 890 890 890 890
Exports (USD Million) 644.28 420 420 420 420 420
External Debt (USD Million) 11364.40 9600 9600 9600 9600 9600
Remittances (USD Million) 734.60 420 450 450 450 450
Foreign Direct Investment (USD Million) 330.60 160 280 280 280 280
Capital Flows (USD Million) 182.60 800 800 800 800 800

Government Actual Q3 Q4 Q1 Q2 2023
Government Debt to GDP (% of GDP) 51.46 48 48 48 48 44
Government Budget (% of GDP) -6.90 -3 -3 -3 -3 -2.2
Government Spending (HNL Million) 7576.00 7965 8142 7849 7849 8451
Military Expenditure (USD Million) 392.00 400 400 400 400 430

Taxes Actual Q3 Q4 Q1 Q2 2023
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 2023
Leading Economic Index (% ) 2.70 3.7 3.5 3.5 3.5 3.5

Consumer Actual Q3 Q4 Q1 Q2 2023
Consumer Spending (HNL Million) 48179.00 46947 48993 49913 49913 50855
Private Sector Credit (HNL Million) 386717.63 295000 295000 295000 295000 295000
Gasoline Prices (USD/Liter) 1.12 1.16 1.21 1.25 1.3 1.3

Housing Actual Q3 Q4 Q1 Q2 2023
Building Permits (Units) 491.00 460 530 530 530 530


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Honduras Forecast - was last updated on Monday, September 26, 2022.