Economy of Honduras
Form of state : Presidentialist Republic
Area : 112,492 km 2
Graphic Location: to the north by the Carribean Sea, east with Nicaragua, south with the Fonseca Gulf and El Salvador, west with Guatemala. Honduras has 7 maritime borders and 3 land borders.
Population: 8,598,561
Oficial language: Spanish
Currency: Lempira ( HNL)
Religion: 97% Catholic , 3% Protestants
Urban population: 52% (2010)
Coefficient GINI: 57% (2009)
Life expectancy: 70.91
Population growth: 1.74 (2013)
IDH: 0.632 (2012)
Birth rate: 23.6 births / 1000 people
Fertility Rate: 2.86 births/ women
GDP Growth: 2.8% (2013)
GDP per Capita: $ 4,800 (2013)
Composition of GDP by sector of origin (2013):
Agriculture: 14%
Industry: 28.2%
Services: 57.8%
Tax of Inflation: 5.2% (2013)
Tax of literacy: 85% ( 15 years or more)
Population below the poverty line: 64% (2012)
Unemployment rate: 4.5%
- Banana
- Coffee
- Citrus
- Corn
- African palm
- Wood
- Shrimp
- Tilapia
- Lobster
Industry:
- Sugar
- Coffee
- Wood
- Textiles
- Cigars
- Most exports and imports of Honduras are given with the United States.
- Honduras is the third largest exporter of palm oil in America and eighth in the world.
- Honduras is the largest exporter of fresh tilapia to the USA.
- Honduras is the largest producer of jalapeno of Central America.
- Honduras is the largest exporter of coffee in Central America and the 6th in the world.
- Honduras is the largest exporter of soap of Central America.
Relaciones commercials con el mundo (2013)
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| EXPORTACIONES | 3.103.683 | 3.533.561 | 5.006.940 | 3.897.174 |
| IMPORTACIONES | 6.895.088 | 8.541.779 | 8.646.619 | 8.603.906 |
| SALDO | -3.791.405 | -5.008.218 | -3.639.679 | -4.706.732 |
Fuente: TradeMap
Principales clients de Honduras (2013)
| País | Cantidad |
|---|---|
| EEUU | 1,403,984,728 |
| Alemania | 341,030,637 |
| Guatemala | 264,683,803 |
| Nicaragua | 207,515,912 |
| México | 137,167,036 |
| Bélgica-Luxemburgo | 135,821,375 |
| China | 130,330,067 |
| Países Bajos (Reinado de Holanda) | 112,377,707 |
| Costa Rica | 111,086,758 |
Fuente: Banco Central de Honduras
Principales proveedores de Honduras (2013)
| País | Cantidad |
|---|---|
| EEUU | 4,027,704,675 |
| Guatemala | 833,087,818 |
| El Salvador | 522,268,507 |
| México | 517,542,148 |
| China | 455,729,272 |
| Costa Rica | 358,041,535 |
| Panamá | 339,043,387 |
| Colombia | 339,043,387 |
| Ecuador | 182,628,156 |
| Alemania | 152,887,770 |
Fuente: Banco Central de Honduras
Importaciones por blogue de origen
| 2013 | |
|---|---|
| América del norte | 4,581,309,701 |
| América del Centro | 2,163,972,496 |
| Asia Oriental y Pacífico | 840,265,301 |
| América del Sur | 826,283,214 |
| Países de Europa Central | 282,462,774 |
| Países del Mediterraneo | 132,904,512 |
| Islas del Caribe | 131,809,767 |
| Asia Meridional | 84,310,275 |
| Eurasia | 65,583,469 |
| Países de Europa Septentrional | 34,288,785 |
Fuente: SIECA
Exportaciones por blogue de destino
| 2013 | |
|---|---|
| América del norte | 1,624,007,499 |
| América del Centro | 992,992,979 |
| Países de Europa Central | 567,525,389 |
| Asia Orientál y Pacífico | 263,189,530 |
| Islas del Caribe | 113,404,526 |
| América del Sur | 103,227,140 |
| Países del Mediterraneo | 95,789,845 |
| Países de Europa Septentrional | 77,666,069 |
| Países Nórdicos | 33,805,725 |
| Asia Meridional | 25,268,632 |
Fuente: SIECA
Productos exportados (2013)
| Producto | Cantidad (miles USD) |
|---|---|
| Cafe, te, yerba mate y especias | 838.934 |
| Bananas, plátanos, melones, sandías, cítricos, piñas, aguacates y demás | 468.305 |
| Pescados y crustaceos, moluscos y otros invertebrados acuaticos | 410.094 |
| Grasas y aceites animales o vegetales; grasas alimenticias; ceras | 292.258 |
| Oro, Plata, desperdicios de metales preciosos, bisutería | 200.166 |
| Papel, carton; manufacturas de pasta de celulosa, de papel/de carton | 189.83 |
| Combustibles minerales, aceites minerales y prod. de su destilacion | 112.025 |
| Jabones, agentes de superficie organicos, preparac. para lavar, etc | 339,043,387 |
| Azucares y articulos de confiteria | 103.773 |
Fuente: TradeMap
Principales productos importados (2013)
| Producto | Cantidad (miles USD) |
|---|---|
| Combustibles minerales, aceites minerales y prod. de su destilación | 2,309,688,265 |
| Máquinas, reactores nucleares, calderas, aparatos y artefactos mecánicos. | 784,473,427 |
| Máquinas, aparatos y material eléctrico, sus partes; aparatos de grabación | 567,677,260 |
| Vehículos automóviles, tractores, ciclos, demás vehic. terrestres, sus part | 475,681,233 |
| Productos farmacéuticos | 427,670,002 |
| Materias plásticas y manufacturas de estas materias | 426,847,534 |
| Papel, carton; manufact. de pasta de celulosa, de papel/de cartón | 343,553,605 |
| Fundición, hierro y acero | 282,859,971 |
| Cereales | 260,107,582 |
| Preparaciones alimenticias diversas | 240,889,996 |
Fuente: TradeMap
Unemployment is often one of the biggest challenges facing potentially the authorities of our country.
Unemployment rates indicate the economically active population who are currently unemployed, but it is worth mentioning that there is a much higher rate still underemployed or whose jobs provide a source of stability for the home.
Internal migration occurring from rural to urban areas in our country makes it often difficult to calculate these unemployment estimations and the incapacity given by the authorities to create jobs force people of our country to emigrate to the United States or to Europe, Spain to be exact.
This comes not only to affect the country’s economy as this requires imports to increase, but socially affects because most of these people migrating are often parents who have to leave the country to give a decent life for her son .The Honduran economy itself depends on the remittances that comes from abroad and are a major contribution to the balance of payments of the country.
Download the nations plan here