Markets Actual Q3 Q4 Q1 Q2 2021
Currency 24.47 24.49 24.49 24.49 24.49 24.49

Overview Actual Q3 Q4 Q1 Q2 2021
GDP Annual Growth Rate (%) -1.20 -6.5 -3.2 0.4 1.6 3
Unemployment Rate (%) 5.70 7.5 7.5 7.3 7.3 7.3
Inflation Rate (%) 2.65 2.5 2.7 2.8 3 3.3
Interest Rate (%) 3.75 4.5 4.5 4.5 4.5 4.75
Balance of Trade (USD Million) -224.82 -530 -410 -410 -410 -470
Current Account (USD Million) -326.00 -290 -360 -360 -360 -400
Current Account to GDP (%) 0.70 -1.5 -1.5 -0.3 -0.3 -0.3
Government Debt to GDP (%) 44.05 48 48 50 50 50
Government Budget (% of GDP) -2.60 -6.5 -6.5 -5 -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 2021
GDP Annual Growth Rate (%) -1.20 -6.5 -3.2 0.4 1.6 3
GDP (USD Billion) 25.10 24 24 24.9 24.9 24.9
GDP Constant Prices (HNL Million) 55915.00 51689 54126 56139 56810 55749
Gross National Product (HNL Million) 202366.70 184037 195891 203176 205605 201768
Gross Fixed Capital Formation (HNL Million) 138176.60 131016 133755 138729 140387 137768
GDP per capita (USD) 2241.24 2080 2080 2190 2190 2190
GDP per capita PPP (USD) 5727.97 5300 5300 5610 5610 5610
GDP From Agriculture (HNL Million) 7845.40 7135 7594 7877 7971 7822
GDP From Construction (HNL Million) 1675.30 1507 1622 1682 1702 1670
GDP From Manufacturing (HNL Million) 10657.20 9884 10316 10700 10828 10626
GDP From Mining (HNL Million) 111.70 98.36 108 112 113 111
GDP From Public Administration (HNL Million) 2689.00 2474 2603 2700 2732 2681
GDP From Transport (HNL Million) 2122.80 1996 2055 2131 2157 2117
GDP From Utilities (HNL Million) 1450.90 1373 1404 1457 1474 1447
GDP Growth Rate (%) -2.60 4.5 -0.9 0.6 0.7 0.9

Labour Actual Q3 Q4 Q1 Q2 2021
Unemployment Rate (%) 5.70 7.5 7.5 7.3 7.3 7.3
Population (Million) 9.02 9.17 9.29 9.29 9.29 9.43

Prices Actual Q3 Q4 Q1 Q2 2021
Inflation Rate (%) 2.65 2.5 2.7 2.8 3 3.3
Consumer Price Index CPI (points) 342.80 342 345 349 349 357
Inflation Expectations (%) 4.37 4.1 4 4.2 4.3 4.5
Inflation Rate Mom (%) 0.71 -0.1 0.3 0.5 0.2 0.5
Cpi Housing Utilities (points) 387.30 405 406 405 381 419
CPI Transportation (points) 356.60 378 386 378 363 398
Food Inflation (%) 5.35 3.5 3.3 3.1 3 3

Money Actual Q3 Q4 Q1 Q2 2021
Interest Rate (%) 3.75 4.5 4.5 4.5 4.5 4.75
Deposit Interest Rate (%) 8.42 9.17 9.17 9.17 9.17 9.17
Foreign Exchange Reserves (USD Million) 7157.60 4350 4500 4500 4500 4500

Trade Actual Q3 Q4 Q1 Q2 2021
Balance of Trade (USD Million) -224.82 -530 -410 -410 -410 -470
Current Account (USD Million) -326.00 -290 -360 -360 -360 -400
Current Account to GDP (%) 0.70 -1.5 -1.5 -0.3 -0.3 -0.3
Imports (USD Million) 592.65 860 890 890 890 890
Exports (USD Million) 367.83 330 480 480 480 420
External Debt (USD Million) 9919.30 9100 9200 9250 9250 9600
Remittances (USD Million) 415.80 410 400 430 430 420
Foreign Direct Investment (USD Million) 314.20 230 375 375 375 390
Capital Flows (USD Million) 1100.80 350 780 780 780 800

Government Actual Q3 Q4 Q1 Q2 2021
Government Debt to GDP (%) 44.05 48 48 50 50 50
Government Budget (% of GDP) -2.60 -6.5 -6.5 -5 -5 -5
Government Spending (HNL Million) 7375.00 6587 7139 7405 7493 7353
Military Expenditure (USD Million) 400.00 390 390 390 390 400

Taxes Actual Q3 Q4 Q1 Q2 2021
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 2021
Leading Economic Index (% ) -22.10 -2.5 -2.1 -1.5 0.5 3.7

Consumer Actual Q3 Q4 Q1 Q2 2021
Consumer Spending (HNL Million) 44585.00 38069 43158 44763 45298 44453
Private Sector Credit (HNL Million) 297893.71 285000 295000 295000 295000 295000
Gasoline Prices (USD/Liter) 0.80 0.67 0.63 0.6 0.57 0.54

Housing Actual Q3 Q4 Q1 Q2 2021
Building Permits (Units) 342.00 360 380 400 415 460


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.