Markets Actual Q2 Q3 Q4 Q1 2023
Currency 24.37 24.42 24.49 24.57 24.64 24.79

Overview Actual Q2 Q3 Q4 Q1 2023
GDP Annual Growth Rate (%) 11.40 2.4 2 3.6 3.6 3.8
Unemployment Rate (%) 10.90 7.4 7.4 7.4 7.4 7.4
Inflation Rate (%) 9.09 9.5 8.8 7.4 6 3.2
Interest Rate (%) 3.00 3 3.75 4.5 4.5 4.5
Balance of Trade (USD Million) -740.88 -470 -470 -470 -470 -470
Current Account (USD Million) -54.20 -350 -350 -350 -350 -350
Current Account to GDP (% of GDP) 4.00 1.2 1.2 1.2 1.2 -0.3
Government Debt to GDP (% of GDP) 54.86 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 Q2 Q3 Q4 Q1 2023
GDP Annual Growth Rate (%) 11.40 2.4 2 3.6 3.6 3.8
GDP (USD Billion) 23.83 24.9 24.9 25.7 25.7 25.7
GDP Constant Prices (HNL Million) 56034.00 59783 56217 57379 57155 56869
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) 2239.01 2100 2190 2190 2190 2190
GDP per capita PPP (USD) 5138.39 5500 5500 5500 5500 5750
GDP From Agriculture (HNL Million) 7243.00 8740 7041 7417 7388 7537
GDP From Construction (HNL Million) 1294.00 1751 1308 1325 1320 1360
GDP From Manufacturing (HNL Million) 10629.00 11503 10660 10884 10842 10969
GDP From Mining (HNL Million) 100.00 111 102 102 102 99.3
GDP From Public Administration (HNL Million) 2789.00 2929 2738 2856 2845 2904
GDP From Transport (HNL Million) 1818.00 2338 1891 1862 1854 1921
GDP From Utilities (HNL Million) 1812.00 1563 1687 1855 1848 1547
GDP Growth Rate (%) 0.70 0.8 0.8 0.8 0.8 1

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

Prices Actual Q2 Q3 Q4 Q1 2023
Inflation Rate (%) 9.09 9.5 8.8 7.4 6 3.2
Consumer Price Index CPI (points) 387.60 390 385 396 400 408
Inflation Expectations (%) 4.65 4.5 4.5 4.5 4.5 4.5
Inflation Rate Mom (%) 0.88 0.3 0.3 0.3 0.3 0.4
CPI Housing Utilities (points) 412.80 442 435 434 434 448
CPI Transportation (points) 413.00 414 415 417 418 420
Core Inflation Rate (%) 7.76 4.3 4.2 4.1 4.1 4
Food Inflation (%) 5.00 3 3 5 5 5

Money Actual Q2 Q3 Q4 Q1 2023
Interest Rate (%) 3.00 3 3.75 4.5 4.5 4.5
Deposit Interest Rate (%) 8.13 8.13 8.88 9.63 9.63 9.63
Foreign Exchange Reserves (USD Million) 8355.13 4500 4500 4500 4500 4500

Trade Actual Q2 Q3 Q4 Q1 2023
Balance of Trade (USD Million) -740.88 -470 -470 -470 -470 -470
Current Account (USD Million) -54.20 -350 -350 -350 -350 -350
Current Account to GDP (% of GDP) 4.00 1.2 1.2 1.2 1.2 -0.3
Imports (USD Million) 1446.20 890 890 890 890 890
Exports (USD Million) 705.32 420 420 420 420 420
External Debt (USD Million) 11364.40 9600 9600 9600 9600 9600
Remittances (USD Million) 654.10 420 420 450 450 450
Foreign Direct Investment (USD Million) 287.30 160 160 280 280 280
Capital Flows (USD Million) 163.80 800 800 800 800 800

Government Actual Q2 Q3 Q4 Q1 2023
Government Debt to GDP (% of GDP) 54.86 48 48 48 48 44
Government Budget (% of GDP) -6.90 -3 -3 -3 -3 -2.2
Government Spending (HNL Million) 7426.00 7845 7664 7604 7575 8256
Military Expenditure (USD Million) 392.00 400 400 400 400 430

Taxes Actual Q2 Q3 Q4 Q1 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 Q2 Q3 Q4 Q1 2023
Leading Economic Index (% ) 13.30 3.7 3.7 3.5 3.5 3.5

Consumer Actual Q2 Q3 Q4 Q1 2023
Consumer Spending (HNL Million) 43946.00 44701 45352 45001 44825 46173
Private Sector Credit (HNL Million) 365496.66 295000 295000 295000 295000 295000
Gasoline Prices (USD/Liter) 1.30 1.35 1.4 1.45 1.5 1.5

Housing Actual Q2 Q3 Q4 Q1 2023
Building Permits (Units) 615.00 460 460 530 530 530


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 Thursday, June 30, 2022.