8.13 |
Honduras |
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Selected Economic and Social Data |
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1987 |
1988 |
1989 |
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
1996 |
1997 |
||||||||||||
Population ('000) |
4,350 |
4,476 |
4,608 |
4,745 |
4,885 |
5,029 |
5,170 |
5,315 |
5,463 |
5,616 |
5,773 |
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Growth Rate (%) |
3.0 |
2.9 |
2.9 |
3.0 |
3.0 |
2.9 |
2.8 |
2.8 |
2.8 |
2.8 |
2.8 |
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National Accounts |
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GDP, current prices (m. lempiras) |
8,305 |
9,251 |
10,334 |
12,537 |
16,314 |
18,800 |
22,689 |
28,862 |
37,507 |
47,753 |
60,842 |
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GDP, 1978 prices (m. lempiras) |
4,729 |
4,947 |
5,161 |
5,166 |
5,334 |
5,634 |
5,985 |
5,907 |
6,148 |
6,374 |
6,672 |
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Real GDP Growth Rate (%) |
6.0 |
4.6 |
4.3 |
0.1 |
3.3 |
5.6 |
6.2 |
-1.3 |
4.1 |
3.7 |
4.5 |
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Real Per Capita GDP (1978 lempiras) |
1,087 |
1,105 |
1,120 |
1,089 |
1,092 |
1,120 |
1,158 |
1,111 |
1,125 |
1,135 |
1,153 |
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Real Per Capita GDP Growth Rate (%) |
3.0 |
1.7 |
1.3 |
-2.8 |
0.3 |
2.6 |
3.3 |
-4.0 |
1.3 |
0.9 |
1.6 |
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Fixed Capital Formation/GDP (%) [a] |
13.6 |
15.4 |
18.2 |
20.2 |
19.0 |
22.3 |
28.8 |
28.1 |
24.0 |
23.3 |
23.8 |
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Private |
8.5 |
10.4 |
12.5 |
13.6 |
11.8 |
12.0 |
16.4 |
17.0 |
14.0 |
15.2 |
18.1 |
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Public |
5.1 |
5.0 |
5.7 |
6.6 |
7.2 |
10.3 |
12.4 |
11.1 |
10.0 |
8.1 |
5.7 |
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Gross National Savings/GDP (%) |
9.7 |
12.6 |
13.3 |
18.4 |
13.3 |
14.7 |
19.4 |
17.9 |
19.5 |
18.6 |
21.6 |
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Private |
8.7 |
12.1 |
13.7 |
16.9 |
6.6 |
8.3 |
14.5 |
13.6 |
12.3 |
12.4 |
14.7 |
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Public |
1.0 |
0.5 |
-0.4 |
1.5 |
6.7 |
6.4 |
4.9 |
4.3 |
7.2 |
6.2 |
6.9 |
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Foreign Savings/GDP (%) |
3.9 |
2.8 |
4.9 |
1.8 |
5.7 |
7.6 |
9.4 |
4.5 |
4.5 |
4.7 |
2.2 |
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Prices |
||||||||||||||||||||||
GDP Deflator (1978=100) |
175.6 |
187.0 |
200.2 |
242.7 |
305.8 |
333.7 |
379.1 |
488.6 |
610.1 |
749.2 |
911.9 |
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Annual Change (%) |
2.8 |
6.5 |
7.1 |
21.2 |
26.0 |
9.1 |
13.6 |
28.9 |
24.9 |
23.0 |
21.7 |
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Consumer Prices (1978=100) |
197.8 |
206.8 |
227.1 |
280.0 |
375.1 |
408.0 |
451.8 |
550.0 |
712.0 |
881.0 |
1,059.6 |
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Annual Change (%) |
2.5 |
4.6 |
9.8 |
23.3 |
34.0 |
8.8 |
10.7 |
21.7 |
29.5 |
23.7 |
20.3 |
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Balance of Payments (US$m) |
||||||||||||||||||||||
Current Account Balance |
(340) |
(329) |
(338) |
(306) |
(339) |
(445) |
(477) |
(477) |
(337) |
(327) |
(239) |
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Exports, fob |
822 |
881 |
903 |
887 |
838 |
833 |
912 |
1,017 |
1,298 |
1,422 |
1,536 |
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Imports, fob |
871 |
923 |
956 |
907 |
913 |
990 |
1,233 |
1,399 |
1,571 |
1,759 |
1,965 |
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Trade Balance |
(49) |
(42) |
(53) |
(20) |
(75) |
(157) |
(321) |
(382) |
(273) |
(337) |
(429) |
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Services, net |
(307) |
(305) |
(310) |
(311) |
(292) |
(317) |
(224) |
(178) |
(168) |
(130) |
16 |
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Private Transfers, net [b] |
16 |
18 |
25 |
25 |
28 |
29 |
68 |
83 |
104 |
140 |
174 |
|||||||||||
Capital Account Balance |
419 |
437 |
440 |
472 |
302 |
357 |
357 |
381 |
378 |
365 |
400 |
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Official Transfers, net |
176 |
218 |
168 |
255 |
169 |
187 |
150 |
128 |
160 |
137 |
138 |
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Direct Investment, net |
39 |
48 |
51 |
44 |
52 |
48 |
52 |
42 |
69 |
90 |
114 |
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Priv., M-T & L-T, net |
(25) |
(25) |
(18) |
(22) |
(28) |
(30) |
4 |
44 |
9 |
13 |
(4) |
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Priv., Short-Term, net |
11 |
5 |
(10) |
(28) |
41 |
(37) |
(1) |
83 |
27 |
43 |
138 |
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Official, net |
164 |
177 |
247 |
184 |
74 |
191 |
165 |
86 |
108 |
77 |
(46) |
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Financial Intermediaries, net |
54 |
14 |
2 |
39 |
(6) |
(2) |
(13) |
(2) |
5 |
5 |
60 |
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Other, net |
.. |
.. |
.. |
.. |
.. |
.. |
.. |
.. |
.. |
.. |
.. |
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Errors and Omissions |
(31) |
(82) |
(104) |
(130) |
85 |
139 |
(72) |
95 |
(19) |
(26) |
35 |
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Overall Balance |
48 |
26 |
(2) |
36 |
48 |
51 |
(192) |
(1) |
22 |
12 |
196 |
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External Public Debt |
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Debt Outstanding,12/31 (US$m) [c] |
2,666 |
2,776 |
2,880 |
3,209 |
3,078 |
3,271 |
3,629 |
3,752 |
3,952 |
3,767 |
3,643 |
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Debt Outstanding/GDP (%) |
64.2 |
60.0 |
55.7 |
105.2 |
100.3 |
95.7 |
103.5 |
109.3 |
99.8 |
92.3 |
77.5 |
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Debt Service/Exports (%) |
20.1 |
29.9 |
20.9 |
43.2 |
49.1 |
47.0 |
39.7 |
35.9 |
33.3 |
33.5 |
26.2 |
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Consolidated Nonfinancial Public Sector (% of GDP) |
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Current Revenue |
22.6 |
22.4 |
24.6 |
27.3 |
29.9 |
28.8 |
27.6 |
26.7 |
30.2 |
30.3 |
29.4 |
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Current Expenditures |
21.6 |
21.5 |
25.0 |
25.8 |
23.2 |
22.4 |
23.7 |
22.6 |
23.2 |
24.2 |
22.6 |
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Current Surplus/Deficit |
1.0 |
0.9 |
-0.4 |
1.5 |
6.7 |
6.4 |
3.9 |
4.1 |
7.0 |
6.1 |
6.8 |
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Capital Revenue |
0.3 |
0.2 |
0.2 |
0.1 |
0.3 |
0.9 |
1.0 |
0.6 |
0.4 |
0.1 |
0.2 |
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Capital Expenditures |
5.1 |
5.6 |
5.9 |
7.6 |
7.4 |
12.2 |
14.0 |
11.0 |
11.5 |
10.4 |
6.6 |
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Net Lending |
1.0 |
0.7 |
1.3 |
-0.1 |
0.3 |
0.5 |
0.7 |
-0.3 |
0.2 |
0.5 |
1.2 |
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Overall Surplus/Deficit |
-4.8 |
-5.2 |
-7.4 |
-5.9 |
-0.7 |
-5.4 |
-9.8 |
-6.0 |
-4.3 |
-4.7 |
-0.8 |