Current Account in Honduras

Honduras Current Account | Economic News & Forecasts

Honduras - Current Account

Economic growth moderated noticeably in the opening quarter of the year. The economy lost momentum on weaker fixed investment growth and weaker household expenditure despite softer prices pressures, while the external sector’s contribution moderated too. Sectoral data showed that the industrial sector eased markedly on a contraction in mining and quarrying output, while output in the remaining sub-sectors moderated. On the other hand, activity in the agricultural sector rose to an over one-year high. Looking at the second quarter, the mass protests that erupted at the end of May continued through late June and likely affected economic activity in the quarter. This hints at a further slowdown in growth, reinforced by the expansion in the economic activity index dropping to a 13-month low in April.

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 Rate24.43-0.03 %Jul 11

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