As of June 2024, the average monthly income in Honduras amounted to nearly 4,246 Honduran Lempiras for the entire nation. Additionally, the urban areas reported receiving more than 2,500 Lempiras more when compared with the rural areas.
The national gross income per capita in Honduras increased by 190 U.S. dollars (+7.01 percent) in 2023 in comparison to the previous year. While the growth is slowing down, with 2,900 U.S. dollars, the national gross income is at its peak in the observed period. Gross national income (GNI) per capita is the total amount of money received by a country (regardless of whether it originates in the country or abroad) divided by the midyear population. The World Bank uses a conversion system known as the Atlas method, which uses a price adjusted, three year moving average, which smooths out exchange rate fluctuations.Find more statistics on other topics about Honduras with key insights such as value added by the agriculture, forestry and fishing sector to the gross domestic product, value added by the services industry to the gross domestic product, value added by the agriculture, forestry, and fishing sector to the gross domestic product.
In the Central American country of Honduras, the monthly income per capita was higher for the male population when compared to their female counterparts, receiving around 260 Honduran lempiras more in June 2024. Nonetheless, both average income per capita decreased from May to June of 2023.
In June 2024, in Honduras, the average monthly per capita income showed a significant increase across each decile, with significant growth observed in the fifth decile, reaching 11,172 Honduran lempiras.
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Honduras HN: Cost of Business Start-Up Procedures: % of GNI Per Capita: Female data was reported at 41.300 % in 2017. This records an increase from the previous number of 41.100 % for 2016. Honduras HN: Cost of Business Start-Up Procedures: % of GNI Per Capita: Female data is updated yearly, averaging 45.600 % from Dec 2003 (Median) to 2017, with 15 observations. The data reached an all-time high of 71.500 % in 2003 and a record low of 41.100 % in 2016. Honduras HN: Cost of Business Start-Up Procedures: % of GNI Per Capita: Female data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Honduras – Table HN.World Bank.WDI: Company Statistics. Cost to register a business is normalized by presenting it as a percentage of gross national income (GNI) per capita.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.
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Honduras HN: GDP: Growth: GNI per Capita data was reported at 2.912 % in 2017. This records an increase from the previous number of 1.827 % for 2016. Honduras HN: GDP: Growth: GNI per Capita data is updated yearly, averaging 1.337 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 7.910 % in 1993 and a record low of -6.481 % in 1990. Honduras HN: GDP: Growth: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Honduras – Table HN.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
The gross national income per capita in the 'Economic Measures' segment of the macroeconomic indicators market in Honduras was forecast to continuously increase between 2024 and 2029 by in total 0.8 thousand U.S. dollars (+24.02 percent). After the seventh consecutive increasing year, the indicator is estimated to reach 4.09 thousand U.S. dollars and therefore a new peak in 2029. Notably, the gross national income per capita of the 'Economic Measures' segment of the macroeconomic indicators market was continuously increasing over the past years.Find more key insights for the gross national income per capita in countries like Chile, Guatemala, and Peru.. The Statista Market Insights cover a broad range of additional markets.
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Honduras HN: GDP: Real: GNI per Capita data was reported at 20,782.006 HNL in 2017. This records an increase from the previous number of 20,193.945 HNL for 2016. Honduras HN: GDP: Real: GNI per Capita data is updated yearly, averaging 15,002.347 HNL from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 20,782.006 HNL in 2017 and a record low of 10,921.648 HNL in 1961. Honduras HN: GDP: Real: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Honduras – Table HN.World Bank: Gross Domestic Product: Real. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
As of June 2024, the monthly per capita income in Honduras was higher for the population with a completed higher education background, receiving around 10,407 Honduran lempiras.
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Honduras HN: GDP: GNI per Capita data was reported at 54,076.485 HNL in 2017. This records an increase from the previous number of 50,430.938 HNL for 2016. Honduras HN: GDP: GNI per Capita data is updated yearly, averaging 1,962.615 HNL from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 54,076.485 HNL in 2017 and a record low of 337.628 HNL in 1960. Honduras HN: GDP: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Honduras – Table HN.World Bank.WDI: Gross Domestic Product: Nominal. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
Goal 10Reduce inequality within and among countriesTarget 10.1: By 2030, progressively achieve and sustain income growth of the bottom 40 per cent of the population at a rate higher than the national averageIndicator 10.1.1: Growth rates of household expenditure or income per capita among the bottom 40 per cent of the population and the total populationSI_HEI_TOTL: Growth rates of household expenditure or income per capita (%)Target 10.2: By 2030, empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other statusIndicator 10.2.1: Proportion of people living below 50 per cent of median income, by sex, age and persons with disabilitiesSI_POV_50MI: Proportion of people living below 50 percent of median income (%)Target 10.3: Ensure equal opportunity and reduce inequalities of outcome, including by eliminating discriminatory laws, policies and practices and promoting appropriate legislation, policies and action in this regardIndicator 10.3.1: Proportion of population reporting having personally felt discriminated against or harassed in the previous 12 months on the basis of a ground of discrimination prohibited under international human rights lawVC_VOV_GDSD: Proportion of population reporting having felt discriminated against, by grounds of discrimination, sex and disability (%)Target 10.4: Adopt policies, especially fiscal, wage and social protection policies, and progressively achieve greater equalityIndicator 10.4.1: Labour share of GDPSL_EMP_GTOTL: Labour share of GDP (%)Indicator 10.4.2: Redistributive impact of fiscal policySI_DST_FISP: Redistributive impact of fiscal policy, Gini index (%)Target 10.5: Improve the regulation and monitoring of global financial markets and institutions and strengthen the implementation of such regulationsIndicator 10.5.1: Financial Soundness IndicatorsFI_FSI_FSANL: Non-performing loans to total gross loans (%)FI_FSI_FSERA: Return on assets (%)FI_FSI_FSKA: Regulatory capital to assets (%)FI_FSI_FSKNL: Non-performing loans net of provisions to capital (%)FI_FSI_FSKRTC: Regulatory Tier 1 capital to risk-weighted assets (%)FI_FSI_FSLS: Liquid assets to short term liabilities (%)FI_FSI_FSSNO: Net open position in foreign exchange to capital (%)Target 10.6: Ensure enhanced representation and voice for developing countries in decision-making in global international economic and financial institutions in order to deliver more effective, credible, accountable and legitimate institutionsIndicator 10.6.1: Proportion of members and voting rights of developing countries in international organizationsSG_INT_MBRDEV: Proportion of members of developing countries in international organizations, by organization (%)SG_INT_VRTDEV: Proportion of voting rights of developing countries in international organizations, by organization (%)Target 10.7: Facilitate orderly, safe, regular and responsible migration and mobility of people, including through the implementation of planned and well-managed migration policiesIndicator 10.7.1: Recruitment cost borne by employee as a proportion of monthly income earned in country of destinationIndicator 10.7.2: Number of countries with migration policies that facilitate orderly, safe, regular and responsible migration and mobility of peopleSG_CPA_MIGRP: Proportion of countries with migration policies to facilitate orderly, safe, regular and responsible migration and mobility of people, by policy domain (%)SG_CPA_MIGRS: Countries with migration policies to facilitate orderly, safe, regular and responsible migration and mobility of people, by policy domain (1 = Requires further progress; 2 = Partially meets; 3 = Meets; 4 = Fully meets)Indicator 10.7.3: Number of people who died or disappeared in the process of migration towards an international destinationiSM_DTH_MIGR: Total deaths and disappearances recorded during migration (number)Indicator 10.7.4: Proportion of the population who are refugees, by country of originSM_POP_REFG_OR: Number of refugees per 100,000 population, by country of origin (per 100,000 population)Target 10.a: Implement the principle of special and differential treatment for developing countries, in particular least developed countries, in accordance with World Trade Organization agreementsIndicator 10.a.1: Proportion of tariff lines applied to imports from least developed countries and developing countries with zero-tariffTM_TRF_ZERO: Proportion of tariff lines applied to imports with zero-tariff (%)Target 10.b: Encourage official development assistance and financial flows, including foreign direct investment, to States where the need is greatest, in particular least developed countries, African countries, small island developing States and landlocked developing countries, in accordance with their national plans and programmesIndicator 10.b.1: Total resource flows for development, by recipient and donor countries and type of flow (e.g. official development assistance, foreign direct investment and other flows)DC_TRF_TOTDL: Total assistance for development, by donor countries (millions of current United States dollars)DC_TRF_TOTL: Total assistance for development, by recipient countries (millions of current United States dollars)DC_TRF_TFDV: Total resource flows for development, by recipient and donor countries (millions of current United States dollars)Target 10.c: By 2030, reduce to less than 3 per cent the transaction costs of migrant remittances and eliminate remittance corridors with costs higher than 5 per centIndicator 10.c.1: Remittance costs as a proportion of the amount remittedSI_RMT_COST: Remittance costs as a proportion of the amount remitted (%)SI_RMT_COST_BC: Corridor remittance costs as a proportion of the amount remitted (%)SI_RMT_COST_SC: SmaRT corridor remittance costs as a proportion of the amount remitted (%)
2.363 (US-Dollar) in 2023. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.
The gross domestic product (GDP) per capita in Honduras was forecast to continuously increase between 2024 and 2029 by in total 745.7 U.S. dollars (+21.64 percent). After the ninth consecutive increasing year, the GDP per capita is estimated to reach 4,191.95 U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product per capita at current prices. Thereby the gross domestic product was first converted from national currency to U.S. dollars at current exchange prices and then divided by the total population. The gross domestic products is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).Find more key insights for the gross domestic product (GDP) per capita in countries like Belize, Nicaragua, and El Salvador.
Uruguay was the Latin American country with the highest average monthly salary as of 2024, with a net value of around 1,088 U.S. dollars per month, followed by Costa Rica, with 947 U.S. dollars per month. Employment development areas in Latin America Following the recuperation in this sector after the job losses endured throughout the COVID-19 pandemic, the unemployment rate persists in its endeavor to stabilize. Informal employment remains as the predominant actor across most Latin American countries, serving as a primary avenue for economic sustenance. Notably, the construction sector has experienced substantial growth, outpacing other relevant industries like tourism and hospitality. Poverty Throughout the past two decades, poverty levels in Latin America remain unchanged. Honduras takes the lead as the country bearing the highest poverty rate, with nearly half of its population dwelling in these circumstances. Across the region, the prevalent delineation is that of individuals classified within the non-extreme and lower-middle poverty strata, characterized by modest income levels.
Honduras scored 0.65 in the gender gap index area of economic participation and opportunity in 2024. This means that women are 35 percent less likely to have equal economic participation and opportunities than men. That year, the country scored 0.72 in estimated earned income, which represents that, on average, women's income was estimated to be only 72 percent of the income earned by men. Political empowerment is the gender gap category where Honduras scores the worst.
The gross national income per capita in the 'Economic Measures' segment of the macroeconomic indicators market in Haiti was forecast to continuously increase between 2024 and 2029 by in total 0.6 thousand U.S. dollars (+25.32 percent). After the seventh consecutive increasing year, the indicator is estimated to reach 2.96 thousand U.S. dollars and therefore a new peak in 2029. Notably, the gross national income per capita of the 'Economic Measures' segment of the macroeconomic indicators market was continuously increasing over the past years.Find more key insights for the gross national income per capita in countries like Argentina, Panama, and Honduras.. The Statista Market Insights cover a broad range of additional markets.
Costa Rica is the country with the highest minimum monthly wage in Latin America. According to the minimum salary established by law as of January 2024, workers in the Central American country enjoy a basic monthly wage of over 687 U.S. dollars, an increase of 1.83 percent compared to the previous year and over 100 U.S. dollars more than the second place, Uruguay. On the other side of the spectrum is Venezuela, where employees are only guaranteed by law a minimum salary of 130 bolívares or little more than three dollars per month. Can Latin Americans survive on a minimum wage? Even if most countries in Latin America have instated laws to guarantee citizens a basic income, these minimum standards are often not enough to meet household needs. For instance, it was estimated that almost 25 million people in Mexico lacked basic housing services. Salary levels also vary greatly among Latin American economies. In 2020, the average net monthly salary in Mexico was barely higher than Chile's minimum wage in 2021. What can a minimum wage afford in Latin America? Latin American real wages have generally risen in the past decade. However, consumers in this region still struggle to afford non-basic goods, such as tech products. Recent estimates reveal that, in order to buy an iPhone, Brazilian residents would have to work at least two months to be able to pay for it. A gaming console, on the other hand, could easily cost a Latin American worker several minimum wages.
The gross national income per capita in the 'Economic Measures' segment of the macroeconomic indicators market in El Salvador was forecast to continuously increase between 2024 and 2029 by in total 1.2 thousand U.S. dollars (+20.65 percent). After the seventh consecutive increasing year, the indicator is estimated to reach 7.05 thousand U.S. dollars and therefore a new peak in 2029. Notably, the gross national income per capita of the 'Economic Measures' segment of the macroeconomic indicators market was continuously increasing over the past years.Find more key insights for the gross national income per capita in countries like Honduras, Cuba, and Bolivia.. The Statista Market Insights cover a broad range of additional markets.
As of 2023, Panama registered the highest Gross Domestic Product (GDP) per capita in Central America with around 43,22 PPP USD. In contrast, Honduras had the lowest GDP per capita with less than 7,500 USD.
The gross national income per capita in the 'Economic Measures' segment of the macroeconomic indicators market in Cuba was forecast to continuously increase between 2024 and 2029 by in total 0.4 thousand U.S. dollars (+4.77 percent). After the seventh consecutive increasing year, the indicator is estimated to reach 8.81 thousand U.S. dollars and therefore a new peak in 2029. Notably, the gross national income per capita of the 'Economic Measures' segment of the macroeconomic indicators market was continuously increasing over the past years.Find more key insights for the gross national income per capita in countries like Chile, Haiti, and Honduras.. The Statista Market Insights cover a broad range of additional markets.
As of June 2024, the average monthly income in Honduras amounted to nearly 4,246 Honduran Lempiras for the entire nation. Additionally, the urban areas reported receiving more than 2,500 Lempiras more when compared with the rural areas.