Current Account in Honduras

Honduras Current Account | Economic News & Forecasts

Honduras - Current Account

Economic growth is expected to have picked up notable steam in the second quarter, albeit partly due to a favorable base effect. In June, economic activity growth was particularly strong in the hotels and restaurants sector amid the gradual relaxation of lockdown rules. Activity in the manufacturing; transport and storage; and retail sectors was also healthy. Similarly, growth in merchandise exports and imports remained high in June despite easing somewhat from May. Private-sector credit growth, meanwhile, reversed its downward trend, expanding at a slightly quicker pace in May–June compared to April. Turning to Q3, authorities have repeatedly extended Covid-19 restrictions in a bid to tame virus cases, which has likely weighed somewhat on activity.

Honduras - Current Account Data

2015   2016   2017   2018   2019  
Current Account (% of GDP)-4.6  -2.6  -0.8  -5.3  -0.6  

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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

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

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