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Honduras

Honduras ยท HND ยท North America

25

Risk Score

Guardedโ†’ Stable

Risk Factors

No recent events in pipeline

Overview

Honduras is a Central American nation with a diverse geography and an economy largely dependent on agriculture, remittances, and light manufacturing. The country is working to address deep-seated issues of poverty, inequality, and corruption, while also tackling high levels of crime and vulnerability to climate change. Its strategic location makes it important for regional trade and migration routes.

Leadership

Xiomara Castro

President

GOVERNMENT: Presidential republic

Economy

GDP

$38.0B

GDP per Capita

$3.6K

GDP Growth

+3.5%

Inflation

5.0%

Unemployment

5.0%

Agriculture (coffee, bananas, palm oil)Textiles and apparelAquacultureRemittances

Trade

Key Exports

CoffeeApparelShrimpBananasPalm oil

Key Imports

FuelsMachinery and transport equipmentIndustrial raw materialsFoodstuffs

Top Partners

United StatesChinaGuatemalaEl SalvadorMexico