Honduras | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 23.42 23.68 23.92 24.15 24.62 28.14 [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Annual Growth Rate 3.60 3.7 3.7 3.7 3.7 3.8 percent [+]
GDP 20.42 21.13 21.13 20.48 20.57 22.67 USD Billion [+]
GDP Constant Prices 196579.80 197706 199278 200849 202421 218087 HNL Million [+]
Gross National Product 181505.20 182226 183358 184490 185623 195023 HNL Million [+]
Gross Fixed Capital Formation 106898.10 109801 110029 110257 110485 127308 HNL Million [+]
GDP per capita 2313.05 2382 2382 2359 2382 2526 USD [+]
GDP per capita PPP 4785.09 4775 4801 4828 4855 5108 USD [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 7.30 7 7 7 7 7.5 percent [+]
Population 8.58 8.58 8.62 8.65 8.69 9.11 Million [+]
Living Wage Family 7924.60 8234 8245 8245 8245 8245 HNL/Month [+]
Living Wage Individual 5254.00 5172 5237 5185 5226 5209 HNL/Month [+]
Wages High Skilled 15000.00 14020 14020 14020 14020 14020 HNL/Month [+]
Wages Low Skilled 6810.00 3582 3581 3581 3581 3581 HNL/Month [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 3.84 3.5 3.7 3.8 3.9 3.8 percent [+]
Consumer Price Index CPI 300.00 300 320 340 360 450 Index Points [+]
Inflation Rate Mom 0.87 0.49 0.31 0.33 0.35 0.35 percent [+]
Cpi Transportation 337.40 336 335 335 336 335 Index Points [+]
Food Inflation 0.42 0.86 1.14 1.23 1.27 1.28 percent [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 5.50 5.5 5.5 5.75 5.75 5.25 percent [+]
Money Supply M0 24092.44 22732 20844 21262 21561 21385 HNL Million [+]
Deposit Interest Rate 9.70 10.24 9.95 9.66 9.37 9.56 percent [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -452.80 -435 -442 -445 -445 -445 USD Million [+]
Exports 328.90 363 321 307 330 326 USD Million [+]
Imports 781.69 779 782 782 782 782 USD Million [+]
Current Account -334.40 -121 -76.78 -290 -287 -224 USD Million [+]
Current Account to GDP -6.40 -6.74 -7.04 -7.34 -7.64 -7.46 percent [+]
External Debt 7487.50 7516 7520 7520 7521 7521 USD Million [+]
Remittances 3649.80 3338 3397 3456 3516 3827 USD Million [+]
Gold Reserves 0.69 0.69 0.69 0.69 0.69 0.69 Tonnes [+]
Terrorism Index 1.14 2.35 2.5 2.65 2.81 1.9 [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 44.06 42.54 43.43 44.31 45.2 46.03 percent [+]
Government Budget -4.40 -5.72 -5.22 -4.72 -4.22 -4 percent of GDP [+]
Government Spending 27065.60 26186 26452 26718 26984 27011 HNL Million [+]
Military Expenditure 329.50 340 336 331 336 396 USD Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Changes in Inventories 4531.20 -2149 -2719 -3289 -3858 -1137 HNL Million [+]
Competitiveness Index 3.98 3.93 3.93 3.93 3.93 4 Points [+]
Competitiveness Rank 88.00 90.47 90.47 90.47 90.47 89.87 [+]
Corruption Index 30.00 29 29 29 28 27 Points [+]
Corruption Rank 123.00 117 116 115 114 113 [+]
Ease of Doing Business 105.00 107 108 108 109 114 [+]
CONSUMER Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Consumer Spending 144883.20 145640 146789 147938 149088 161701 HNL Million [+]
Gasoline Prices 0.89 0.88 0.87 0.87 0.87 0.87 USD/Liter [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Corporate Tax Rate 30.00 30 30 30 30 30 percent [+]
Personal Income Tax Rate 25.00 25 25 25 25 25 percent [+]
Sales Tax Rate 15.00 15 15 15 15 15 percent [+]





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. 3/24/2017