Current Account in Honduras

Honduras Current Account | Economic News & Forecasts

Honduras - Current Account

The economy is expected to have bounced back in Q3 after widespread protests caused growth to plunge to a near one-decade low in Q2. Average growth in the economic activity index accelerated notably in Q3, while inflationary pressures moderated somewhat in the quarter, boding well for private consumption. On the other hand, the merchandise trade deficit widened in the quarter despite stronger export growth. In other news, the government’s 2020 budget, with a focus on local infrastructure investment, has opened up for parliamentary scrutiny. The budget will see increased spending, which bodes well for domestic demand. Meanwhile, the IMF and the government reached a staff-level agreement on the first review of the Stand-by Arrangement in early November. The Fund commended the authorities for their progress on implementing structural and governance reforms.

Honduras - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-9.5  -7.0  -4.7  -2.6  -1.8  

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Honduras Current Account Chart

Honduras Current Account
Note: Current account balance as % of GDP.
Source: Honduras Central Bank and FocusEconomics calculations.

Honduras Facts

Exchange Rate24.59-0.03 %Jan 01

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