Economy of Honduras

Imports
Imports commoditiesmachinery and transport equipment, industrial raw materials, chemical products, fuels, foodstuffs
Import partnersUS 44.3%, Guatemala 8.5%, El Salvador 5.7%, Mexico 5.6%, China 4.7%, Costa Rica 4.1% (2012)
Exports
Exports commoditiesapparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber
Export partnersUS 34.5%, Germany 11.6%, Belgium 6.8%, El Salvador 6.6%, Guatemala 4.9%, Nicaragua 4.6% (2012)
Economy sectors
Agriculture productsbananas, coffee, citrus, corn, African palm; beef; timber; shrimp, tilapia, lobster
Industrial productssugar, coffee, woven and knit apparel, wood products, cigars
Economy
Unemployment4.50 % (2013)4.40 % (2012)4.90 % (2011)
Unemployment of Honduras
GDP - Official Exchange Rate18.9 Billion $ (2013)18.3 Billion $ (2012)17.7 Billion $ (2011)
GDP - Official Exchange Rate of Honduras
GDP growth rate2.80 % (2013)3.90 % (2012)3.60 % (2011)
GDP growth rate of Honduras
GDP per Capita (PPP)4,800 $ (2013)4,700 $ (2012)4,500 $ (2011)
GDP per Capita (PPP) of Honduras
GDP - Purchasing Power Parity39.2 Billion $ (2013)37.6 Billion $ (2012)36.3 Billion $ (2011)
GDP - Purchasing Power Parity of Honduras
GDP PPP per land area350 Thousand $ per square kilometer (2013)336 Thousand $ per square kilometer (2012)324 Thousand $ per square kilometer (2011)
GDP PPP per land area of Honduras
ElectricityBanking
Central bank discount rate6.25 % (2010)0.00 % (2009)0.00 % (2008)
Central bank discount rate of Honduras
Commercial bank prime lending rate17.8 % (2013)18.5 % (2012)18.6 % (2011)
Commercial bank prime lending rate of Honduras
GDP decomposition by sector
Agriculture % of GDP14.0 % (2013)13.9 % (2012)
Industry % of GDP28.2 % (2013)27.7 % (2012)
Services % of GDP57.8 % (2013)58.4 % (2012)
Tourism
International tourism, number of arrivals895 Thousand (2012)871 Thousand (2011)863 Thousand (2010)
International tourism, number of arrivals of Honduras
International tourism, number of departures464 Thousand (2012)449 Thousand (2011)408 Thousand (2010)
International tourism, number of departures of Honduras
Yearly Tourist arrivals to residents ratio11.3 % (2012)10.7 % (2011)11.3 % (2010)
Yearly Tourist arrivals to residents ratio of Honduras
Debt, Current Account Balance and Budget Deficit
Public debt (Percentage of GDP)40.6 % of GDP (2013)35.8 % of GDP (2012)32.9 % of GDP (2011)
Public debt (Percentage of GDP) of Honduras
Current Account Balance (Percentage of GDP)-8.55 % of GDP (2012)-7.95 % of GDP (2011)-4.31 % of GDP (2010)
Current Account Balance (Percentage of GDP) of Honduras
External Debt Stocks (Percentage of GNI)29.9 % of GNI (2012)26.7 % of GNI (2011)27.1 % of GNI (2010)
External Debt Stocks (Percentage of GNI) of Honduras
Short-term debt (percentage of total external debt)6.92 % of total external debt (2012)6.09 % of total external debt (2011)9.41 % of total external debt (2010)
Short-term debt (percentage of total external debt) of Honduras
Current Account Balance (Total)-1.64 Billion $ (2013)-1.74 Billion $ (2012)-1.50 Billion $ (2011)
Current Account Balance (Total) of Honduras
External Debt (Total)6.17 Billion $ (2013)5.23 Billion $ (2012)4.56 Billion $ (2011)
External Debt (Total) of Honduras
External Debt (Percentage of GDP)32.7 % of GDP (2013)28.7 % of GDP (2012)25.8 % of GDP (2011)
External Debt (Percentage of GDP) of Honduras
External Debt per Capita762 $ (2013)659 $ (2012)560 $ (2011)
External Debt per Capita of Honduras