Honduras | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 23.00 23.21 23.44 23.67 23.9 27.58 [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Annual Growth Rate 3.60 3.6 3.4 3.4 3.4 3.4 percent [+]
GDP 20.15 20.5 21.13 21.13 20.99 22.67 USD Billion [+]
GDP Constant Prices 189771.40 196255 197488 198720 199952 217812 HNL Million [+]
Gross National Product 176619.20 172386 172836 173285 173735 186270 HNL Million [+]
Gross Fixed Capital Formation 102705.60 108808 109217 109626 110035 126986 HNL Million [+]
GDP per capita 2329.00 2359 2382 2382 2400 2526 USD [+]
GDP per capita PPP 4785.09 4855 4870 4886 4902 5108 USD [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 7.30 8.31 8.42 8.52 8.63 7.57 percent [+]
Population 8.58 8.69 8.71 8.74 8.76 9.11 Million [+]
Living Wage Family 10300.00 10300 10300 10300 10300 10300 HNL/Month [+]
Living Wage Individual 4960.00 4857 4817 4801 4795 4790 HNL/Month [+]
Wages High Skilled 15000.00 14020 14020 14020 14020 14020 HNL/Month [+]
Wages Low Skilled 6810.00 3586 3582 3581 3581 3581 HNL/Month [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 3.04 2.6 2.7 2.8 2.9 3.8 percent [+]
Consumer Price Index CPI 295.30 296 298 300 302 322 Index Points [+]
Cpi Transportation 328.70 330 329 329 329 329 Index Points [+]
Food Inflation 0.31 0.61 0.78 0.84 0.86 0.87 percent [+]
Inflation Rate Mom 0.14 0.21 0.23 0.22 0.21 0.21 percent [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 5.50 5 4.75 4.5 4 3 percent [+]
Money Supply M0 18987.04 22709 22075 21239 21155 21162 HNL Million [+]
Deposit Interest Rate 9.70 9.37 9.33 9.28 9.24 9.56 percent [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -479.70 -445 -433 -434 -435 -435 USD Million [+]
Exports 318.00 316 334 325 318 323 USD Million [+]
Imports 797.80 775 779 779 779 779 USD Million [+]
Current Account -69.20 -319 -298 -289 -295 -304 USD Million [+]
Current Account to GDP -6.40 -7.64 -7.84 -8.04 -8.24 -7.46 percent [+]
External Debt 7308.60 7299 7299 7299 7299 7299 USD Million [+]
Remittances 3649.80 3516 3507 3499 3491 3827 USD Million [+]
Gold Reserves 0.69 0.69 0.69 0.69 0.69 0.69 Tonnes [+]
Terrorism Index 1.14 2.81 2.82 2.84 2.86 1.9 [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 44.06 45.2 45.32 45.44 45.57 46.03 percent [+]
Government Budget -4.40 -4.22 -4.19 -4.17 -4.14 -4 percent of GDP [+]
Government Spending 25697.40 25832 25849 25865 25881 26220 HNL Million [+]
Military Expenditure 329.50 340 336 331 336 396 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Changes in Inventories 2020.60 258 -32.54 -323 -613 5.49 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 31.00 28.69 28.15 27.62 27.08 24.95 Points [+]
Corruption Rank 112.00 114 115 116 117 113 [+]
Ease of Doing Business 105.00 107 108 108 109 114 [+]
CONSUMER Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Consumer Spending 140287.10 143570 143961 144351 144741 144856 HNL Million [+]
Gasoline Prices 0.87 0.87 0.86 0.86 0.86 0.86 USD/Liter [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 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. 12/9/2016