Browse a full set of economic indicators


Includes historical data for Honduras’ Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership.

FDI Attracted By Skilled Labor And Strong Industrial Base

Home to approximately 11 million people, this Central American nation benefits from its geographical proximity to the United States, a skilled labor force, a solid industrial base, as well as abundant agricultural and natural resources. An attractive destination for foreign investors, in recent years a growing number of multinational companies have established their presence in the country. Additionally, the government has taken proactive steps to tackle corruption and foster economic inclusivity.

Still, the pace of regulatory changes has been uneven, and the business climate remains challenging. Issues such as political instability, security concerns and corruption, bureaucratic hurdles and inadequate infrastructure continue to impede commercial operations. High informality and unemployment rates in the labor market, the over-dependence on the US economy, and vulnerability to climatic events like hurricanes and droughts further exacerbate these challenges.

Macroeconomy & Sovereign Data

Type of Government Presidential republic
Capital Tegucigalpa; note – article eight of the Honduran constitution states that the twin cities of Tegucigalpa and Comayaguela, jointly, constitute the capital of the Republic of Honduras; however, virtually all governmental institutions are on the Tegucigalpa
Sovereign Ratings S&P: BB–
Moody’s: B1
Fitch: Not rated
Total Population 10.7 million
Median Age 24.5
Adult Per Capita Income (PPP) 10,393.58
Total GDP (2023) 37.4 billion

Honduras GDP & Economic Overview

Most Recent Content

Banking & Finance

Trade & Investment

Total Exports USD 4.0 billion (2023)
Leading Exports Clothing And Apparel
Insulated Wiring
Palm Oil
Total Imports USD 1.3 billion (2022)
Leading Imports Refined Petroleum
Clothing And Apparel
Packaged Medicines
Broadcasting Equipment
Insulated Wiring
Source: World Integrated Trade Solution

Honduras Leading Companies

Banco Ficohsa Financials
Banco Atlantida Financials
Banco Nacional de Honduras Financials
Grupo Terra Conglomerants, Consumer Staples, Energy, Real Estate
Corporación Dinant Consumer Staples, Packaged Foods & Meats
Empresa Nacional de Energía Eléctrica (ENEE) Utilities

Major Trade Partners — Import

United States 36%
China 16%
Mexico 8%
Guatemala 5%
El Salvador 5%

Major Trade Partners — Export

United States 33%
Unspecified 18%
Germany 7%
El Salvador 6%
Nicaragua 4%

Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings


Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000