Consumption in Honduras

Honduras Consumption | Economic News & Forecasts

Honduras - Consumption

The economy is set to have contracted again in Q3. In August, economic activity fell for the sixth month running, albeit at the softest pace since the crisis began in March, on the back of declining activity in the mining and quarrying, hotels and restaurants, construction, and transport and storage sectors. Moreover, in July–August, merchandise imports continued to fall and private-sector credit growth softened—easing to an over nine-year low in August—pointing to weakened domestic demand. Turning to Q4, prospects remain grim amid a worldwide surge in new Covid-19 cases and a still-elevated number of new cases domestically. Meanwhile, on 30 October, the government reached an agreement with the IMF on the third review of the Fund’s Stand-by Arrangement and Stand-by Credit Facility. Consequently, around USD 88 million will be disbursed to support the government’s economic policies.

Honduras - Consumption Data

2015   2016   2017   2018   2019  
Consumption (annual variation in %)3.6  4.1  4.1  4.3  3.6  

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Honduras Consumption Chart


Honduras Consumption
Note: Annual variation of total consumption in %.
Source: Honduras Central Bank and FocusEconomics calculations.

Honduras Facts

Value Change Date
Exchange Rate24.59-0.03 %Jan 01

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