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US AID 1996
Latin American and the Caribbean Selected Economic and Social Data
Country Economic Data


HONDURAS: SELECTED ECONOMIC DATA 

 

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1995

 

 

 

 

 

 

 

 

 

 

 

 

 

POPULATION

 

 

 

 

 

 

 

 

 

 

 

 

Thousands

3985

4103

4225

4350

4476

4608

4745

4885

5029

5170

5315

5463

Growth Rate (%)

3.0

3.0

3.0

3.0

2.9

2.9

3.0

3.0

2.9

2.8

2.8

2.8

 

 

 

 

 

 

 

 

 

 

 

 

 

NATIONAL ACCOUNTS

 

 

 

 

 

 

 

 

 

 

 

 

GDP, curr. prices (m. lemp.)

6638

7279

7617

8305

9251

10334

12537

16314

18800

22689

28715

37350

GDP, 1978 prices (m. lemp.)

4250

4428

4460

4729

4947

5161

5166

5334

5634

5985

5897

6111

Real GDP Growth Rate (%)

4.3

4.2

0.7

6.0

4.6

4.3

0.1

3.3

5.6

6.2

-1.5

3.6

Real Per Capita GDP (1978 lemp.)

1066

1079

1056

1087

1105

1120

1089

1092

1120

1158

1110

1119

Real Per Cap. GDP Growth Rate (%)

1.3

1.2

-2.1

2.9

1.7

1.4

-2.8

0.3

2.6

3.4

-4.1

0.8

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross Domestic Investment/GDP (%)

17.4

17.3

13.9

17.4

21.0

19.7

23.0

24.6

26.0

32.2

36.1

31.0

Private

6.3

8.4

8.0

12.3

15.9

13.8

16.4

17.5

15.6

19.7

26.4

22.5

Public

11.1

8.9

5.9

5.1

5.1

5.9

6.6

7.1

10.4

12.5

9.7

9.5

Gross National Savings/GDP (%)

7.9

11.3

10.8

13.5

18.2

14.6

21.2

18.9

18.4

24.9

27.0

26.4

Private

6.3

9.9

10.0

12.5

17.7

15.1

19.7

12.2

12.0

21.1

22.8

18.8

Public

1.6

1.4

0.8

1.0

0.5

-0.5

1.5

6.7

6.4

3.8

4.2

7.6

Foreign Savings/GDP (%)

9.5

6.0

3.1

3.9

2.8

5.1

1.8

5.7

7.6

7.3

9.1

4.6

 

 

 

 

 

 

 

 

 

 

 

 

 

PRICES

 

 

 

 

 

 

 

 

 

 

 

 

GDP Price Defl. (1978 = 100)

156.2

164.4

170.8

175.6

187.0

200.2

242.7

305.8

333.7

379.1

486.9

611.2

Annual Change (%)

3.4

5.2

3.9

2.8

6.5

7.1

21.2

26.0

9.1

13.6

28.4

25.5

Consumer Prices (1978 = 100)

179.0

185.0

193.0

197.8

206.8

227.1

280.0

375.1

408.0

451.8

550.0

712.0

Annual Change (%)

3.8

3.4

4.3

2.5

4.6

9.8

23.3

34.0

8.8

10.7

21.7

29.5

 

 

 

 

 

 

 

 

 

 

 

 

 

BALANCE OF PAYMENTS (US$ m.)

 

 

 

 

 

 

 

 

 

 

 

 

Current Account Balance

-386

-353

-258

-340

-329

-338

-306

-341

-445

-405

-439

-316

Exports, fob

737

796

894

822

881

903

887

835

833

873

939

1190

Imports, cif

885

892

879

-871

923

956

907

912

990

1320

1481

1665

Trade Balance

-148

-96

15

-49

-42

-53

-20

-77

-157

-447

-542

-475

Services, net [a]

-248

-270

-290

-307

-305

-310

-311

-292

-317

-26

10

32

Private Transfers, net [b]

10

13

17

16

18

25

25

28

29

68

93

127

Capital Account Balance

381

388

307

419

437

440

472

304

356

332

313

322

Official Transfers, net

70

133

141

176

218

168

255

169

187

150

128

133

Direct Investment, net

20

28

30

39

48

51

44

52

48

27

35

50

Priv., M-T & L-T, net

-56

-28

-42

-25

-25

-18

-22

-28

-30

4

1

5

Priv., Short-Term, net

16

-32

0

11

5

-10

-28

41

-37

-1

84

40

Official, net

309

196

140

164

177

247

184

74

191

165

83

101

Financial Intermeds., net

22

91

38

54

14

2

39

-4

-3

-13

-18

-7

Errors and Omissions

-35

-39

-40

-31

-82

-104

-128

85

140

-119

106

6

Overall Balance

-40

-4

9

48

26

-2

38

48

51

-192

-20

12

 

 

 

 

 

 

 

 

 

 

 

 

 

EXTERNAL PUBLIC DEBT

 

 

 

 

 

 

 

 

 

 

 

 

Debt Outstdanding, 12/31 (US$ m.)

2121

2587

2849

3187

3205

3245

3413

3262

3403

3607

3820

4038

Debt Outstanding/GDP (%) [c]

63.9

71.1

74.8

76.8

69.3

82.9

113.2

106.4

100.1

103.6

117.4

102.0

Debt Service/Exports (%) [d]

22.9

24.9

29.2

34.8

31.5

34.4

42.1

42.0

40.0

35.0

33.9

33.7

 

 

 

 

 

 

 

 

 

 

 

 

 

CONSOL. NONFIN. PUB. SECTOR (% of GDP)

 

 

 

 

 

 

 

 

 

 

 

 

Current Revenue and Transfers

20.9

22.0

22.0

22.6

22.4

20.1

23.0

24.6

25.4

24.7

24.4

31.5

Current Expenditures

19.4

20.7

21.3

21.6

21.5

20.9

22.1

21.1

19.7

21.2

19.5

23.7

Current Surplus/Deficit

1.5

1.3

0.7

1.0

0.9

-0.8

0.8

3.5

5.7

3.5

4.9

7.8

Capital Revenues

0.3

0.7

0.6

0.3

0.2

0.1

0.0

0.1

0.6

0.2

0.4

0.3

Capital Expenditures

11.3

8.9

6.6

5.1

5.6

5.9

6.3

6.6

10.8

13.8

12.8

9.8

Net Lending

1.3

0.9

0.9

1.0

0.7

1.2

0.5

0.6

0.3

0.4

0.0

0.6

Overall Surplus/Deficit [e]

-10.8

-7.8

-6.2

-4.8

-5.2

-7.8

-6.0

-3.6

-4.8

-10.5

-7.5

-2.3

[a] The sharp movement in the services balance beginning in 1993 is due largely to significant upward revisions in estimated earnings from tourism and from value added by the maquila sector. Since the revised methodology has not yet been applied to pre -1993 data, the figures for these years are not comparable to those for 1993-95.
[b] The large jump in private transfers beginning in 1993 is due to better monitoring of these flows.
[c] Includes short-term, IMF, and interest arrears; excludes other Central Bank.
[d] Accrual basis, after rescheduling; includes interest but not amortization of short-term debt.
[e] Fiscal data for 1993 include only the four largest parastatals.

U.S. Agency for International Development
Washington D.C. 1996.


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