hn Honduras 2020

Detailed economic analysis and indicators for 2020

Year 2020

Key Economic Indicators (2020)

GDP (Current USD)

$23.35 billion

↓ 6.15% vs 2019
GDP per Capita

$2,307.61

↓ 7.78% vs 2019
GDP Growth (Annual %)

-8.97%

↓ 11.52pp vs 2019
Inflation Rate (CPI %)

3.47%

↓ 0.90pp vs 2019

Year-over-Year Comparison

Indicator 2019 2020 Change
GDP (Current USD) $24.88 billion $23.35 billion -6.15%
GDP per Capita $2,502.33 $2,307.61 -7.78%
GDP Growth (Annual %) 2.56% -8.97% -11.52pp
Inflation (CPI %) 4.37% 3.47% -0.90pp
Unemployment Rate (%) 5.70% 10.98% +5.28pp

All Economic Indicators (2020)

National Accounts
GDP (Current USD)
$23.35 billion
GDP per Capita
$2,307.61
GDP Growth (Annual %)
-8.97%
Gross National Income
$21.70 billion
Prices & Employment
Inflation (CPI %)
3.47%
Inflation (GDP Deflator %)
3.40%
Unemployment Rate (%)
10.98%
Interest Rate (Real %)
13.16%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
2.85%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2020, Honduras's Gross Domestic Product (GDP) is $23.35 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Honduras for 2020 is $2,307.61. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Honduras for 2020 is 3.47%. This measures the annual percentage change in the cost of consumer goods and services.

Honduras's annual GDP growth rate for 2020 is -8.97%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Honduras for 2020 is 10.98%. This represents the percentage of the labor force that is unemployed and actively seeking employment.