Honduras
The economy of Honduras is based mostly on agriculture. Honduras has extensive forests, marine, and mineral resources such as gold, silver, lead, zinc, and cadmium. It exports apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold, palm oil, fruit, lobster. And it mainly imports machinery and transport equipment, industrial raw materials, chemical products, fuels, foodstuffs.

Descreptive Data

Unemployment, %2.488
Ages 15-24 Population Ratio, %47.635
Population Over 65, %
Net Migration Rate-34000
EIU Country Risk Score55
Fitch Sovereign Rating
S&P Sovereign RatingBB-
Moody's Sovereign RatingB1
Big Mac Index

Economic Data

201620172018
Ability to Pay
Real GDP YOY%3.6%4.8%3.8%
GDP Value (BLN USD)222324
GDP per Capita (USD)260927662524
Currency Reserves ex Gold (BLN USD)3.84.74.7
Reserves 1Y Chg (%)1.5%24%1.3%
Total External Debt (%GDP)48%44%
Total External Debt (BLN USD)1010
Budget Surplus/def (%GDP)
Inflation (Risk)
CPI (yoy %)2.7%3.9%4.3%
Trade Balance
Current Account (% of GDP)-3.7%-1.7%-4.2%
Exports (BLN USD)8.38.79.4
Imports (BLN USD)8.99.610
Unemployment Rate
Unemployment (%)6.3%5.6%3.9%

Financial Data

201620172018
Equity & Banking Sector (Risk)
1Y Price Change (%) ()
EIU Banking Risk6057
Credit Market (Risk)
10Y Bond Spread (10Y UST)
5Y CDS
Foreign Exchange (Risk)
3 Month Deposit (%)8.6%8.3%8.3%
FX Vol - 3M Implied Vol
Historical 3M Volatility
Real Effective Exchange Rate
Real Rates (%)5.8%4.2%3.8%

Political Risk

201620172018
Political Risk Exposure
EIU Political Risk6061
Risk From Doing Business
Ease of Doing Business Rank101105115
Starting a Business Rank138148150
Risk From Government
WGI Control Of Corruption-0.7-0.7-0.6
WGI Govt Effectiveness-0.7-0.5-0.6
WGI Regulatory Quality-0.5-0.4-0.5
WGI Rule Of Law-1.1-1.1-1
Deviation of Honduras's risk relative to Geo Peers
-100 = min risk100 = max risk,
Less RiskPeer AverageMore Risk