Honduras

In 2002 the performance of the Honduran economy was hampered for the second year in a row by the slow growth of the world economy, whose effects were compounded by a number of domestic factors that conspired against an economic recovery. The result was a meagre growth rate of 2.4%, which was similar to the previous year’s rate. Inflation continued to trend downward to reach 8.1%, while the rate of unemployment and the real exchange rate varied little. The central government and balance-of-payments current-account deficits were lower than in 2001, at 5.5% and 3.7% of GDP, respectively.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Peace, Justice and Strong Institutions