Honduras Economic Outlook
July 11, 2018In Q1, the economy decelerated for the second consecutive quarter in annual terms on the back of a moderation in private and public consumption growth and a contraction in fixed investment. Government expenditure growth likely eased in line with a more prudent fiscal stance following the implementation of a fiscal responsibility law as part of a recently concluded IMF program. In contrast, the external sector performed well, with export growth outpacing import growth. The economy began Q2 in moderate fashion, with economic activity growth slowing for the eighth time in nine months in April.
Honduras Economic GrowthRobust remittances inflows should buttress private consumption growth, which, coupled with healthy manufacturing output, should spur economic activity this year. However, the end of Hondurans’ temporary protected status in the U.S. in 2020 poses a risk to remittances in the medium-term. Met the why particular panelists expect growth of 3.7% in 2018, down 0.1 percentage points from last month’s forecast, and 3.8% in 2019.
Honduras Economy Data
5 years of Honduras economic forecasts for more than 30 economic indicators.
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
|Exchange Rate||23.95||-0.03 %||Jul 13|
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.