Fiscal Balance in Honduras
Honduras - Fiscal BalanceThe economy should have accelerated in Q4 2018, powered by private sector activity as reflected by the monthly economic activity index for October–November. However, the external sector likely dragged on economic growth. Monthly data suggests the trade deficit increased by nearly a fifth in 2018, partly due to a drop in coffee prices and a higher import bill. Looking at Q1 2019, data paints a mixed picture. Coffee prices remained low and dropped sharply in late-February, which bodes ill for the external sector’s performance. In contract, family remittances grew strongly in year-on-year terms in January.
Honduras - Fiscal Balance Data
|Fiscal Balance (% of GDP)||-7.9||-4.3||-3.0||-2.8||-2.7|
5 years of economic forecasts for more than 30 economic indicators.
Source: Honduras Central Bank.
|Exchange Rate||24.37||-0.03 %||Mar 11|
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