GDP in Honduras
Honduras - GDPThe economy is likely to have lost momentum in the final quarter of last year, with growth in the monthly index measuring economic activity easing in October–November compared to the third quarter. In particular, the agriculture, manufacturing and retail sectors lost momentum relative to Q3. Furthermore, private-sector credit growth moderated somewhat in October–November. More positively, the merchandise trade deficit narrowed in November; however, this was reflective of limp domestic demand as imports contracted at the steepest rate in over three years, while exports were broadly flat. This follows a third quarter in which economic growth accelerated on the back of stronger public consumption growth amid an infrastructure push.
Honduras - GDP Data
|Economic Growth (GDP, annual variation in %)||3.1||3.8||3.9||4.8||3.7|
5 years of economic forecasts for more than 30 economic indicators.
Honduras GDP Chart
Source: Honduras Central Bank and FocusEconomics calculations.
|Exchange Rate||24.59||-0.03 %||Jan 01|
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