- We offer young, prepared and bilingual workforce.
- We have an advanced and in developing infrastructure.
- We are competitive in production costs.
Land Area
Honduras has a land area of 112.490 KM²
Borders
Honduras shares land borders on the north by the Caribbean Sea, south with the Republic of El Salvador, east and southeast with the Republic of Nicaragua and the west with the Republic of Guatemala.
Continental Location
Honduras is located between 12 degrees 58 minutes 16 degrees 02 minutes north latitude and between 83 degrees 10 minutes 89 degrees 22 minutes west longitude.
0
NORTH COASTAL STRIP
Bordered by the Caribbean Sea
0
KM SOUTH COASTAL STRIP
In the Gulf of Fonseca
Its strategic position, ranks as the best commercial link between the north and south of the continent. For the privilege of being located between two great oceans and possession of the best ports including Puerto Cortes and Puerto Castilla on the Atlantic, which together with Amapala in the Pacific, are the stars that stand out as being custodians of the waters more deep that allow the berthing of large ships. It has other ports like: Tela, Omoa and Trujillo, beauty and natural vocation for the exploitation of tourism and retail trade. Bay Islands north and Amapala in the south, islands of natural beauty.
The port weakness of neighboring countries is that Honduras takes advantage in road construction and improvement of its ports, allowing easy transportation of products through the Canal Seco, the CA-5 and other roads to communicate better and new markets . This modern communications network will yield the most, bringing the region with buyers in Europe and other continents like Asia and part of the North American market, the Caribbean and others.
As for air facilities, the country has the largest number of certified international airports in the region. In addition, Palmerola, currently under construction, is designed to be a strategic airport mainly because of its excellent geographical location, where they can move people and goods around the world within hours. Agricultural products, will have unique opportunities to go international markets immediately.
Honduras has a population of 9,265,067 people, is in position 95th in the population table composed of 196 countries and has a moderate population density of 82 habitants per km2.
Economically Active Population
The economically active population of Honduras is about 4,336,377
Choloma
Industrial parks headquarters, social housing projects and industrial production areas.
Tegucigalpa
The capital and seat of government of the Republic of Honduras
San Pedro Sula
Administrative capital of the department of Cortés and the second populated city
Puerto Cortés
This city has the largest port in Central America and is among the thirty-six largest ports in the world
Choluteca
The largest and major city in the southern region of Honduras, It’s an agricultural and aquaculture production area.
The gross domestic product of Honduras in 2017 grew 4.8% compared to 2016. This is a rate greater than ten- tenth than 2016, corresponding to 3.8%.
In 2017 the GDP figure was 20.359M. €, Which Honduras is the 107th economy in the ranking of the 196 countries that publish their GDP. The absolute value of GDP in the country grew 805M. € compared to 2016.
The per capita GDP in Honduras 2017 was 2,197 €, 51 € higher than 2016, which was 2,146 €. To see the evolution of GDP per capita is interesting to note a few years ago and compare these data with those of 2007, when per capita GDP in Honduras was 1.162.
GDP total semester 2018
During the third quarter of 2018, the seasonally adjusted series PIBT showed growth of 0.7% in real terms, when compared to the level of the second quarter. Thus, the PIBT increased 3.1% for the year, reaching a cumulative rate of 3.4% in 2018, the Honduras Central Bank reported.
For its contribution to the overall result of the quarter, economic activity, agriculture, forestry and fishing (0.3 pp) and communications (0.2 pp) highlights; and to a lesser extent manufacturing; transport and storage; trade, hotels and restaurants (0.1 pp each).
In contrast, it contributed negatively Financial Intermediation and taxes net of subsidies (both -0.1 pp). By expenditure components at constant prices, the positive contribution of final demand was influenced by exports (2.6 pp) and Final Consumption Expenditure (1.4 pp) as well as lower imports contributed positively to the PIBT (0.1 pp); above, it was offset, in part, by the contraction in gross capital formation, which resulted in a negative share of 3.5 percentage points in the quarter variation.
Communications services 1.8%, supported by continued market strategies and incorporating latest technologies increased, promoting the diversification of services and promotional packages to the ultimate consumer -a national-level and corporate clients for storage data.
Honduras is located in a tropical position 15 to 16 degrees north of Ecuador, only has two stations, which are well defined: the dry season and the rainy season. The rainy season begins in May extending until July with a pause during the month of August, this usually resumes in September to November when the dry season begins. This season runs until April or May.
The average high temperatures throughout the country is 32 ° C (90 ° F), and the low temperature is 20 ° C (68 ° F).
The annual average temperatures inside Honduras is 21 ° C (70 ° F).
The average annual rainfall is 1000 mm (40 inches) in the mountains and valleys of the north coast is 2500 mm (100 inches).
The lower areas of the coastal region have an average of 27 ° C (80 ° F) with high humidity.
In the Atlantic coastal zone presents usually a rainy tropical climate, with an average temperature of 27 ° C, average maximum of 30 ° C and a mean minimum of 20.7 ° C. The rainy season begins in June and usually lasts until December. The average annual rainfall is 2643 mm. The northern area covering the departments of Cortes and Yoro receives an annual average rainfall of 1200 mm during in almost 5 months. The average humidity is 75%. The average annual average temperature in this zone is 26 ° C with a maximum of 30 ° C and a minimum of 21 ° C.
The southern part of Honduras has a tropical savanna climate. In this area, generally it has a dry climate by six months or more. In the rainy season, the south accumulates an average of 1680 mm. The average temperature is 29.1 ° C maximum 35 ° C Minimum 23.4 ° C. The central zone corresponding to the departments of Francisco Morazan, Comayagua and La Paz, has an average temperature of 22.4 Media ° C, maximum 27.2 ° C and 17.4 ° C minimum. The average rainfall is about 1000 mm for more than three months.
The official language of Honduras is Spanish, so it is considered a Spanish-speaking country while Latin for its location. It is worth mentioning, that has approximately 10 thousand graduates of bilingual schools a year.
Likewise, in regions where indigenous settlements lie, languages such as Miskito, Garifuna, Pech, Tolupán, Chortí and Tawahka talking.
The Lempira and its ( code: HNL, ISO 4217) is the currency of Honduras since 1931. A Lempira is divided into 100 cents. The agency responsible for issuing the Lempira is the Central Bank of Honduras (BCH), the currency of Honduras LEMPIRA named after the great cacique Lempira who fought against the Spaniards.
The paper currency circulating currently corresponds to notes: 1, 2, 5, 10, 20, 50, 100 and 500HNL, each ticket bears the image of a national hero or former Republic in the front, and in the reverse image of a historical site where development a fact of importance for the country is appreciated.
Doing Business Report 2018
The scores are based in an 100 average and the ranking contains 190 countries
Honduras Index
LATAM Average
Ranking position
Doing Business Index
58.22
58.97
121
Starting a business
77.06
79.40
154
Operation permission management
66.10
63.48
116
Getting Electricity
53.78
70.59
153
Registering Property
63.43
55.25
95
Getting Credit
85
51.56
12
Protecting Minority Investors
41.67
47.50
140
Paying Taxes
51.74
60.49
164
Trading across borders
65.85
69.15
123
Enforcing Contracts
45.54
53.39
152
Resolving Insolvency
32.09
38.91
143
Global economic report 2018 (World Economic Forum)
Based in 140 countries
Calification
Ranking
Global competitiveness index
52.5
101
Infraestructure
58
98
ICT adoptation
28.1
115
Macroeconomic Stability
74.2
78
Labour Market
56.4
88
Financial system
59.8
67
Business Dynamism
53.9
100
Innovation Capability
31.5
92
Scorecard Millennium Challenge Corporation
2018 Index for economy freedom
Fiscal policy
Score -1.4
Median -3.1
Inflation
Score 2.7
Rank 53%
Regulatory Quality
Score -0.06
Median 0.00
Trade Policy
Score 84.4
Median 78.7
Land rights and access
Score 0.70
Median 0.78
Access to credit
Score 84
Median 58
Business Start up
Score 0.914
Median 0.935
Gender in the economy
Score 0.00
Median 0.00