Honduras
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 2004-2005 , pp 243-249
- Publication Date: December 2005
- DOI: https://doi.org/10.18356/55531f39-en
- Language: English
The upturn in the world economy had a positive impact on production in Honduras, where the growth rate increased from 3.5% to 5.0% between 2003 and 2004. The macroeconomic climate was stable, but some indicators deteriorated and showed no sign of improvement throughout the first half of 2005. Inflation rose to 9.2%, thus ending the downward trend that had lasted for several years. The labour situation continued to worsen and unemployment rose to 5.9%. The current account deficit widened to the equivalent of 5.2% of GDP, while public finances strengthened significantly.
© United Nations
ISBN (PDF):
9789211555684
Book DOI:
https://doi.org/10.18356/ffa7a71a-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Honduras
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