The economy of Honduras grew 3.1 percent year-on-year in the third quarter of 2018, slower than a 4.1 percent rise in the previous period. It is the weakest expansion since the third quarter of 2016. Output slowed mostly in: agriculture (2.4% vs 4% in Q2); manufacturing (2.1% vs 3%); construction (1.4% vs 4.7%); utilities (4.6% vs 6.6%); trade, hotels & restaurants (3.7% vs 4.6%); transport & storage (5.7% vs 6.2%) and finance & insurance (5.9% vs 8.5%). On a quarterly basis, the GDP advanced 0.7 percent, after expanding 1.1 percent in the second quarter of 2018. GDP Annual Growth Rate in Honduras averaged 3.66 percent from 1990 until 2018, reaching an all time high of 6.60 percent in the fourth quarter of 2006 and a record low of -2.40 percent in the fourth quarter of 2009.

GDP Annual Growth Rate in Honduras is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Honduras to stand at 3.80 in 12 months time. In the long-term, the Honduras GDP Annual Growth Rate is projected to trend around 3.50 percent in 2020, according to our econometric models.

Honduras GDP Annual Growth Rate
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Honduras GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 3.10 4.10 6.60 -2.40 percent [+]
GDP 22.98 21.64 22.98 0.34 USD Billion [+]
GDP Constant Prices 53765.00 53393.00 157918.90 38963.00 HNL Million [+]
Gross National Product 190302.10 181505.20 190302.10 103348.75 HNL Million [+]
Gross Fixed Capital Formation 124535.90 106898.10 124535.90 27487.40 HNL Million [+]
GDP per capita 2210.59 2144.87 2210.59 1085.57 USD [+]
GDP per capita PPP 4541.80 4406.77 4541.80 3171.67 USD [+]
GDP From Agriculture 7860.00 7701.00 7860.00 5291.00 HNL Million [+]
GDP From Construction 1575.00 1566.00 1584.00 1182.00 HNL Million [+]
GDP From Manufacturing 10345.00 10283.00 10345.00 8142.00 HNL Million [+]
GDP From Mining 100.00 106.00 113.00 77.00 HNL Million [+]
GDP From Public Administration 2634.00 2650.00 2650.00 2265.00 HNL Million [+]
GDP From Transport 2103.00 2072.00 2103.00 1603.00 HNL Million [+]
GDP From Utilities 1406.00 1409.00 1409.00 959.00 HNL Million [+]
GDP Growth Rate 0.70 1.10 2.70 -0.60 percent [+]


Honduras GDP Annual Growth Rate

Honduras is one of the poorest countries in Central America with more than 50 percent of its population living under poverty line. The backbone of the economy is agriculture and remittances. Honduras’ economy is also highly dependent on the United States for exports and foreign direct investment (70 percent of total FDI). In recent years efforts have been undertaken to develop the education system and infrastructure. However, corruption and bureaucracy are an obstacle for growth. This page provides - Honduras GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Honduras GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.10 4.10 6.60 -2.40 1990 - 2018 percent Quarterly
2000=100, SA




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