A lower middle-income country, Honduras is the second poorest country in Central America (IFAD 2012). In 2010, the country had a per capita income of about US$1,880. Honduras’s economy is based largely on the international trading of agricultural commodities and manufactures, making it the most open economy in Central America; this has also made it particularly susceptible to the 2008-09 global financial downturn. Remittances and exports fell sharply during this period, with GDP growth falling by around 2 percent in 2009 (World Bank).
General Information
- 7,60117,426,574,426 $1,980 $1,042,571,021 $%9.33 %%
Food Security
- 2,69412.00 %%24.00
Agricultural Production
| Agricultural Production | 2007 | 2008 | 2009 | 2010 |
|---|---|---|---|---|
| 46,661 MT | 49,544 MT | 44,883 MT | 34,604 MT | |
| 1,242 MT | 1,048 MT | 1,127 MT | 1,000.00 MT | |
| 634,881 MT | 536,277 MT | 587,235 MT | 508,941 MT | |
| 1,646 MT | 1,757 MT | 1,538 MT | 2,143 MT |
Agricultural Exports
| Agricultural Exports | 2006 | 2007 | 2008 | 2009 |
|---|---|---|---|---|
| 1,955 MT | 2,221 MT | 2,682 MT | 2,237 MT | |
| 75.00 MT | 80.00 MT | 150.00 MT | MT | |
| 2,201 MT | 506.00 MT | 2,190 MT | 321.00 MT | |
| 33.00 MT | 204.00 MT | MT | 3.00 MT |
Agricultural Imports
| Agricultural Imports | 2005 | 2006 | 2007 | 2008 |
|---|---|---|---|---|
| 112,921 MT | 103,995 MT | 70,689 MT | 91,616 MT | |
| MT | MT | MT | MT | |
| 389,406 MT | 290,992 MT | 230,480 MT | 222,811 MT | |
| 2,162 MT | 602.00 MT | 356.00 MT | 54.00 MT |