Markets Actual Q1 Q2 Q3 Q4 2022
Currency 24.06 24.06 24.06 24.06 24.06 24.06

Overview Actual Q1 Q2 Q3 Q4 2022
GDP Annual Growth Rate (%) -7.90 1.3 15 9 3 2.9
Unemployment Rate (%) 5.70 7.9 7.9 7.9 7.9 6.9
Inflation Rate (%) 4.18 2.8 3 3.2 3.3 3.7
Interest Rate (%) 3.00 2.75 2.75 2.5 2.5 2
Balance of Trade (USD Million) -466.50 -410 -410 -410 -410 -470
Current Account (USD Million) 264.80 -180 -260 -300 -350 -350
Current Account to GDP (%) 0.70 -0.3 -0.3 -0.3 -0.3 0.3
Government Debt to GDP (%) 44.05 50 50 50 50 51
Government Budget (% of GDP) -2.40 -7.5 -7.5 -7.5 -7.5 -5
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Personal Income Tax Rate (%) 25.00 25 25 25 25 25

GDP Actual Q1 Q2 Q3 Q4 2022
GDP Annual Growth Rate (%) -7.90 1.3 15 9 3 2.9
GDP (USD Billion) 25.10 24.9 24.9 24.9 24.9 25.7
GDP Constant Prices (HNL Million) 51029.00 57761 52504 56642 59783 59783
Gross National Product (HNL Million) 202366.70 204447 190022 204997 211603 211603
Gross Fixed Capital Formation (HNL Million) 138176.60 133793 129748 139973 138475 138475
GDP per capita (USD) 2241.24 2190 2190 2190 2190 2250
GDP per capita PPP (USD) 5727.97 5610 5610 5610 5610 5730
GDP From Agriculture (HNL Million) 7363.00 8444 7367 7947 8740 8740
GDP From Construction (HNL Million) 1201.00 1692 1573 1697 1751 1751
GDP From Manufacturing (HNL Million) 9928.00 11114 10007 10796 11503 11503
GDP From Mining (HNL Million) 81.00 107 105 113 111 111
GDP From Public Administration (HNL Million) 2660.00 2830 2525 2724 2929 2929
GDP From Transport (HNL Million) 1501.00 2259 1993 2150 2338 2338
GDP From Utilities (HNL Million) 1459.00 1511 1362 1470 1563 1563
GDP Growth Rate (%) 14.60 0.6 0.7 0.9 0.9 1.2

Labour Actual Q1 Q2 Q3 Q4 2022
Unemployment Rate (%) 5.70 7.9 7.9 7.9 7.9 6.9
Population (Million) 9.02 9.29 9.29 9.29 9.43 9.57

Prices Actual Q1 Q2 Q3 Q4 2022
Inflation Rate (%) 4.18 2.8 3 3.2 3.3 3.7
Consumer Price Index CPI (points) 351.30 351 346 349 366 366
Inflation Expectations (%) 4.29 4.2 4.3 4.3 4.5 4.5
Inflation Rate Mom (%) 0.40 0.5 0.2 0.3 0.5 0.5
Cpi Housing Utilities (points) 393.70 408 407 407 425 425
CPI Transportation (points) 399.70 394 387 378 411 411
Food Inflation (%) 4.01 4.3 5 5.4 56 5

Money Actual Q1 Q2 Q3 Q4 2022
Interest Rate (%) 3.00 2.75 2.75 2.5 2.5 2
Deposit Interest Rate (%) 8.42 8.42 8.17 8.17 8.3 7.92
Foreign Exchange Reserves (USD Million) 7968.00 4500 4500 4500 4500 4500

Trade Actual Q1 Q2 Q3 Q4 2022
Balance of Trade (USD Million) -466.50 -410 -410 -410 -410 -470
Current Account (USD Million) 264.80 -180 -260 -300 -350 -350
Current Account to GDP (%) 0.70 -0.3 -0.3 -0.3 -0.3 0.3
Imports (USD Million) 719.44 890 890 890 890 890
Exports (USD Million) 252.94 480 480 480 420 420
External Debt (USD Million) 11025.00 9250 9250 9250 9600 9600
Remittances (USD Million) 547.90 430 430 430 420 450
Foreign Direct Investment (USD Million) -33.80 -50 90 120 160 280
Capital Flows (USD Million) 811.60 780 780 780 800 800

Government Actual Q1 Q2 Q3 Q4 2022
Government Debt to GDP (%) 44.05 50 50 50 50 51
Government Budget (% of GDP) -2.40 -7.5 -7.5 -7.5 -7.5 -5
Government Spending (HNL Million) 6596.00 7579 6925 7471 7845 7845
Military Expenditure (USD Million) 400.00 390 390 390 400 400

Taxes Actual Q1 Q2 Q3 Q4 2022
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Personal Income Tax Rate (%) 25.00 25 25 25 25 25
Sales Tax Rate (%) 15.00 15 15 15 15 15

Business Actual Q1 Q2 Q3 Q4 2022
Leading Economic Index (% ) -4.30 9.5 10.7 3.8 3.7 3.5

Consumer Actual Q1 Q2 Q3 Q4 2022
Consumer Spending (HNL Million) 35286.00 43189 41865 45165 44701 44701
Private Sector Credit (HNL Million) 303563.37 295000 295000 295000 295000 295000
Gasoline Prices (USD/Liter) 0.88 0.84 0.79 0.75 0.72 0.68

Housing Actual Q1 Q2 Q3 Q4 2022
Building Permits (Units) 181.00 400 415 430 460 530


This page has 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.