Honduras GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Honduras expanded 3.10 percent in 2013 from the previous year. GDP Annual Growth Rate in Honduras averaged 3.57 Percent from 1990 until 2013, reaching an all time high of 6.60 Percent in 2006 and a record low of -2.40 Percent in 2009. GDP Annual Growth Rate in Honduras is reported by the Consejo Monetario Centroamericano.
||1990 - 2013
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.