Honduras GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Honduras expanded 3.50 percent in 2012 from the previous year. GDP Annual Growth Rate in Honduras is reported by the Consejo Monetario Centroamerica. From 1990 until 2012, Honduras GDP Annual Growth Rate averaged 3.5 Percent reaching an all time high of 6.6 Percent in December of 2006 and a record low of -2.1 Percent in December of 2009. Honduras is one of the poorest countries in Central America with more than 50 percent of its population living under poverty line. The backbone of the economy is agriculture and remittances. Honduras’ economy is also highly dependent on the United States for exports and foreign direct investment (70 percent of total FDI). In recent years efforts have been undertaken to develop the education system and infrastructure. However, corruption and bureaucracy are an obstacle for growth. This page provides - Honduras GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-18

Actual Previous Highest Lowest Forecast Dates Unit Frequency
3.50 3.60 6.60 -2.10 3.94 | 2013/12 1990 - 2012 Percent Yearly

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Honduras GDP Annual Growth Rate
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP Constant Prices 172369.50 2012-06-29 165761.40 172369.50 106654.10 172920.18 2012-12-31 HNL Million [+]
Gross Fixed Capital Formation 87889.40 2012-06-29 84100.50 88165.20 27487.40 88205.14 2012-12-31 HNL Million [+]
Gross National Product 160799.30 2012-06-29 156697.60 160799.30 103348.75 161130.62 2012-12-31 HNL Million [+]
GDP 17.97 2012-12-31 17.42 17.97 0.34 19.15 2013-12-31 USD Billion [+]
GDP Annual Growth Rate 3.50 2012-12-31 3.60 6.60 -2.10 3.94 2013-12-31 Percent [+]
GDP per capita 1557.57 2012-12-31 1535.70 1564.82 805.29 1579.90 2013-12-31 USD [+]
GDP per capita PPP 3614.33 2012-12-31 3563.58 3631.16 2569.09 3665.79 2013-12-31 USD [+]
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GDP Annual Growth Rate | Notes
The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment.


RELATED NEWS

Honduras Exports at 368.56 USD Million  
Exports in Honduras increased to 368.56 USD Million in December of 2013 from 282.52 USD Million in November of 2013. Exports in Honduras is reported by the Consejo Monetario Centroamericano.
Honduras Imports at 823.61 USD Million  
Imports in Honduras increased to 823.61 USD Million in December of 2013 from 807.01 USD Million in November of 2013. Imports in Honduras is reported by the Consejo Monetario Centroamericano.
Honduras Changes in Inventories at 2629.30 HNL Million  
Changes in Inventories in Honduras decreased to 2629.30 HNL Million in 2012 from 4803.70 HNL Million in 2011. Changes in Inventories in Honduras is reported by the Banco Central De Honduras.
Honduras Consumer Price Index (CPI) at 272.40 Index Points  
Consumer Price Index (CPI) in Honduras increased to 272.40 Index Points in March of 2014 from 270.80 Index Points in February of 2014. Consumer Price Index (CPI) in Honduras is reported by the Banco Central De Honduras.
Honduras Consumer Spending at 125668.30 HNL Million  
Consumer Spending in Honduras increased to 125668.30 HNL Million in 2012 from 122124.10 HNL Million in 2011. Consumer Spending in Honduras is reported by the Banco Central De Honduras.
Honduras GDP Constant Prices at 172369.50 HNL Million  
GDP Constant Prices in Honduras increased to 172369.50 HNL Million in 2012 from 165761.40 HNL Million in 2011. GDP Constant Prices in Honduras is reported by the Banco Central De Honduras.
Honduras Government Spending at 24509.80 HNL Million  
Government Spending in Honduras increased to 24509.80 HNL Million in 2012 from 23236.60 HNL Million in 2011. Government Spending in Honduras is reported by the Banco Central De Honduras.
Honduras Gross Fixed Capital Formation at 87889.40 HNL Million  
Gross Fixed Capital Formation in Honduras increased to 87889.40 HNL Million in 2012 from 84100.50 HNL Million in 2011. Gross Fixed Capital Formation in Honduras is reported by the Banco Central De Honduras.
Honduras Gross National Product at 160799.30 HNL Million  
Gross National Product in Honduras increased to 160799.30 HNL Million in 2012 from 156697.60 HNL Million in 2011. Gross National Product in Honduras is reported by the Banco Central De Honduras.
Honduras Money Supply M0 at 15644.92 HNL Million  
Money Supply M0 in Honduras decreased to 15644.92 HNL Million in February of 2014 from 15734 HNL Million in January of 2014. Money Supply M0 in Honduras is reported by the Banco Central De Honduras.
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