[see also: Public debt country ranks ] Exchange rates: lempiras (HNL) per US dollar - $2.827 billion Stock of broad money: 20.5% of GDP Central bank discount rate: 96 103 150 GDP - composition, by end use: [see also: GDP - composition, by sector of origin - agriculture country ranks ] 123 19.33% (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): Imports: Honduras Jump to. 6.25% 22.098 (2017 est.) (2013 est. Debt - external: Taxes and other revenues: 20.3% (of GDP) Honduras, the second poorest country in Central America, suffers from extraordinarily unequal distribution of income, as well as high underemployment. (2017 est.) (2017 est.) (2017 est.) 45.7 3.8% (2015 est.) Its overall score has increased by 0.9 point, led by an improvement in the property rights score. (31 December 2017 est.) (2017) (2017 est.) $2.827 billion )country comparison to the world (CIA rank, may be based on non-current data): See more from the 2020 Index. $8.625 billion )country comparison to the world (CIA rank, may be based on non-current data): highest 10%: 38.4% 96 )country comparison to the world (CIA rank, may be based on non-current data): Exchange rates: lempiras (HNL) per US dollar - Central bank discount rate: (2017 est.) $2.455 billion $7.841 billion 96 Wednesday's group marks the first caravan to depart Honduras in 2020, as the nation suffers the largest recorded economic decline in its history after six … 6.3% Imports - commodities: communications equipment, machinery and transport, industrial raw materials, chemical products, fuels, foodstuffs $4.708 billion ), Inflation rate (consumer prices): -$587 million household consumption: 77.7% (2013 est. 110 Bananas, formerly the country's second-largest export until being virtually wiped out by 1998's Hurricane Mitch, recovered in 2000 to 57% of pre-Mitch levels. (2017 est.) Reserves of foreign exchange and gold: GDP (official exchange rate): $22.98 billion (31 December 2016 est. [see also: Market value of publicly traded shares country ranks ] 3.8% 150 )country comparison to the world (CIA rank, may be based on non-current data): Inflation rate (consumer prices): 120 [see also: Commercial bank prime lending rate country ranks ] 21.137 )country comparison to the world (CIA rank, may be based on non-current data): Honduras … 23.74 highest 10%: 38.4% [see also: Stock of domestic credit country ranks ] ), Stock of domestic credit: Exchange rates: lempiras (HNL) per US dollar - 23.74 96 (2015 est.) Budget surplus (+) or deficit (-): -2.7% (of GDP) [see also: GDP - composition, by end use - imports of goods and services country ranks ] (31 December 2017 est.) 96 (31 December 2017 est.) (2017 est.) (2016 est. Economy - overview: $10.56 billion )country comparison to the world (CIA rank, may be based on non-current data): 16 Reserves of foreign exchange and gold: (31 December 2016 est. 6.25% [see also: Stock of broad money country ranks ] 96 (2016 est. )country comparison to the world (CIA rank, may be based on non-current data): [see also: Stock of narrow money country ranks ] [see also: Debt - external country ranks ] Issues Transportation Ranks P h o t o s. Read articles about travel to Honduras. (2014) Fargo, ND, USA / The Mighty 790 KFGO | KFGO . 19.33% The US-Central America-Dominican Republic Free Trade Agreement came into force in 2006 and has helped foster foreign direct investment, but physical and political insecurity, as well as crime and perceptions of corruption, may deter potential investors; about 15% of foreign direct investment is from US firms. $10.56 billion 16 Taxes and other revenues: 20.3% (of GDP) $8.625 billion $2.827 billion Economy | October 22nd 2020 Congress approves issuance of international bonds The new issuance will help to cushion Honduras's large fiscal deficit but will add to a mounting public debt burden. (2017 est.) $10.56 billion Honduras has made significant progress in restoring economic stability and laying the groundwork for sustainable growth since completing its IMF-supported economic program in December 2017. (31 December 2017 est.) (2017 est.) (2016 est.) government consumption: 13.8% )country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): To achieve those goals, which would also help to ensure that Honduras remains on an upward trajectory toward greater economic freedom, the government could prioritize improvements in labor freedom and business freedom with particular emphasis on reducing corruption and improving the effectiveness of the judiciary. (2017 est.) (31 December 2017 est.) Exports - partners: US 34.5%, Germany 8.9%, Belgium 7.7%, El Salvador 7.3%, Netherlands 7.2%, Guatemala 5.2%, Nicaragua 4.8% (2017 est.) 120 20.6% of GDP Exports - commodities: coffee, apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster, lumber Budget: (2017 est.) (2005 est.) Fiscal year: calendar year [see also: Stock of broad money country ranks ] (2017) (2017 est. [see also: GDP - composition, by end use - government consumption country ranks ] [see also: Market value of publicly traded shares country ranks ] Current account balance: (31 December 2010)country comparison to the world (CIA rank, may be based on non-current data): (2014) $8.675 billion $2.455 billion [see also: GDP - composition, by end use - household consumption country ranks ] (31 December 2016 est. [see also: GDP - composition, by end use - imports of goods and services country ranks ], GDP - composition, by sector of origin: )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2016 est. (31 December 2017 est.) Budget surplus (+) or deficit (-): -2.7% (of GDP) 6.3% (2015 est.) (2014 est.) )country comparison to the world (CIA rank, may be based on non-current data): 96 Most powerful Atlantic hurricane of 2020 hits land The category four storm makes landfall in Nicaragua, two weeks after another devastating hurricane. (2017) (2016 est. The agricultural sector, 14% of GDP in 2018, will continue to suffer from the impact of the drop in coffee prices in 2018 due to Brazil's production surpluses. [see also: Exports country ranks ] (2017 est.) [see also: Exports country ranks ] (31 December 2017 est.) (2014 est.) [see also: Stock of narrow money country ranks ] ), Budget surplus (+) or deficit (-): -2.7% (of GDP) investment in inventories: 0.7% )country comparison to the world (CIA rank, may be based on non-current data): (2016 est. [see also: Reserves of foreign exchange and gold country ranks ] Commercial bank prime lending rate: 96 $8.675 billion (2016 est. )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) $4.708 billion [see also: GDP - composition, by end use - household consumption country ranks ] The government maintains price controls for basic food items, fuel, water, telecommunications, and ports and often imposes temporary price controls on other basic goods. [see also: Labor force - by occupation - industry country ranks ] household consumption: 77.7% 23.74 [see also: Population below poverty line country ranks ] $2.455 billion (2017 est.) 131 (2017 est. )country comparison to the world (CIA rank, may be based on non-current data): 21.137 [see also: Exports country ranks ] 152 39.5% of GDP (2017) (2017 est. (2013 est. $2.827 billion Exports - partners: US 34.5%, Germany 8.9%, Belgium 7.7%, El Salvador 7.3%, Netherlands 7.2%, Guatemala 5.2%, Nicaragua 4.8% (31 December 2010)country comparison to the world (CIA rank, may be based on non-current data): (2017) The Daily … 103 GDP - per capita: Exchange rates: lempiras (HNL) per US dollar - [see also: Labor force - by occupation - agriculture country ranks ] (2017) [see also: GDP country ranks ] (2017 est.) $8.675 billion [see also: Reserves of foreign exchange and gold country ranks ] 21.137 services: 57% Labor force - by occupation: )country comparison to the world (CIA rank, may be based on non-current data): (2017 est. 94 [see also: Inflation rate (consumer prices) country ranks ] $2.827 billion (2014 est.) [see also: Reserves of foreign exchange and gold country ranks ] Various nontariff barriers remain onerous reforms and human rights 44.48billion for 2019 was $ 21.72B, a 4.46 % from. 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