Pages

56 pages

Released

July 2017

Update frequency

On a semi-annual basis

Format

PDF, Horizontal, Screen friendly

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Charting Economy team

Charting Economy™ team consists of editors, analysts, and researchers. For any questions and comments about this report, you can contact the chief editor directly at editor@chartingeconomy.com.

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TABLE OF CONTENT


Comprehensive View On The Economy

 

1.      Economic structure

Part of the country’s economic profile, economic structure section gives readers useful views to understand what matters for Honduras economy.

KEY QUESTIONS ADDRESSED

  • What is the size of the Honduras economy in relation to world’s major economies?
  • What is the size of Honduras population?
  • What is the demographic structure of Honduras? Is it favorable for economic growth?
  • How has the structure of Honduras GDP changed over the years?
  • How much does the Honduras economy rely on external trade?

2.      Competitiveness

Part of the country’s economic profile, this section explores Honduras competitiveness in the global level. It also covers the country’s attractiveness to foreign direct investment.

KEY QUESTIONS ADDRESSED

  • Which stage of economic development is the Honduras economy in?
  • How has the labor productivity in Honduras changed over the years and in relation with comparable countries?
  • How competitive is Honduras?
  • How are Honduras competitive factors compared to those of other countries?
  • Is it easy to do business in Honduras?
  • How good is Honduras in attracting Foreign Direct Investment?
  • What are most problematic factors in doing business in Honduras?

3.      Economic development

Part of the country’s economic profile, this section explores Honduras economic development, average income and its distribution, poverty as well as other development indicators.

KEY QUESTIONS ADDRESSED

  • What is the level of income for an average person in Honduras?
  • Is unemployment the issue for Honduras?
  • How is income distributed in Honduras and how does it compare to others?
  • What is the current level of human development in Honduras?
  • How has quality of life in Honduras changed over the years?

4.      Economic growth

Part of the country’s economic outlook, this section explores Honduras recent economic growth, its key drivers and well as the growth outlook for the coming years.

KEY QUESTIONS ADDRESSED

  • What has been the growth rate of Honduras economy over the past 10 years and how does it compare with others?
  • What were the key growth drivers for the Honduras economy in the last year?
  • What were the source of growth for Honduras economy in recent years?
  • What is the growth outlook for Honduras economy over the next 3 years and how does it compare with others?

5.      Economic stability (Macro risks)

Part of the country’s economic outlook, this section explores Honduras macro-economic risks, including inflation, financial sector, budget deficit as well as balance of payment and exchange rate.

KEY QUESTIONS ADDRESSED

  • What is the risk of inflation in Honduras and how does it compare with others?
  • How healthy is the Honduras banking sector?
  • What has been the return of the stock markets and how does it compare with others?
  • What is the fiscal risk in Honduras?
  • Does the government have enough money to invest or continue to subsidize certain program? What is the likelihood of raising tax?
  • What is the balance of payment risk for Honduras?
  • How good is the country in getting foreign exchange by the mean of commerce?
  • What is the FX risk? How has the currency performed compared to other currencies?

Appendix 1: Key Economic Projections 2016-2022

From IMF’s World Economic Outlook Report April 2017.

  • GDP growth
  • Inflation
  • Population
  • Unemployment rate
  • Government budget and debt
  • Current account

Appendix 2: DOING BUSINESS 2017

Detailed rankings and scores for Honduras and comparable economies.

  • Starting a business
  • Dealing with construction permits
  • Getting electricity
  • Registering property
  • Getting credit
  • Protecting Minority Investors
  • Paying taxes
  • Trading across borders
  • Enforcing contracts
  • Resolving Insolvency