Honduras Economy News

Honduras recorded a current-account surplus of $763.7 million in the first quarter of 2026, driven by strong family remittances and rising exports, particularly coffee.

Honduras's net international reserves have accumulated $1.13 billion since January 27, the central bank reported as of June 25, while import coverage held steady at 6.6 months.

Honduras's net international investment position stood at minus $11.23 billion in the first quarter of 2026, an improvement of $1.27 billion from the end of 2025 as the country reduced its net debtor position.

An economist at Fosdeh argues that recent declines in diesel prices justify revising public transport fares that were raised months ago as a temporary measure tied to fuel costs.

As of March 2026, Honduras's foreign-exchange reserves reached 144.4% of the IMF's recommended sufficiency level (100%–150%), exceeding the prudential threshold and bolstering the country's ability to withstand external economic shocks.

Honduras's public external debt reached $10.76 billion as of March 2026, up $24.5 million from December 2025.

Honduras's Housing Ministry plans to subsidize home purchases for about 5,000 low-income families by year-end, allocating over 1 billion lempiras (about $40 million) in direct credits and state subsidies targeting households earning less than half the minimum wage.

Honduras's energy ministry announced a significant reduction in petroleum product prices effective Monday, June 29, continuing a downward trend in fuel costs.

Egg prices at Tegucigalpa's farmers market are unchanged this week—a 30-egg flat of large eggs at 95 lempiras (about $3.80)—but vendors warn that reduced supply, especially of large eggs, could push prices up next week.

Honduras's monthly trade deficit with China has surged to $256 million as of April 2026, with Chinese imports dominating the market while Honduran exports remain minimal, a deepening asymmetry since Honduras shifted diplomatic ties from Taiwan to mainland China in 2023.

Honduras's banking system credit portfolio growth decelerated to 8% year-over-year in April 2026 from over 17% a year earlier, driven by lower interest rates, inflation pressuring household incomes, and weak demand for business and consumer loans despite improved bank liquidity.

CGT leader Daniel Durón argues that the part-time employment law has not reduced joblessness because the real problems are informal work (affecting 70% of the workforce) and low wages—80% of salaried workers earn under L10,000 (about $400) monthly.

The government and domestic onion producers agreed to permit imports from July onward to maintain supply and stable prices as the eastern region's harvest winds down, while prioritizing local purchases during harvest seasons.

Agricultural sector representatives will meet with BANADESA to discuss credit restructuring under a new congressional decree, though farmers say the bank's L1.2 billion fund (about $48 million) is insufficient—they estimate over L2 billion needed to stabilize the sector.

Honduras imports over 40 million pounds of avocados annually at a cost of $12–15 million in foreign exchange, and producers say strengthening domestic cultivation across the country's 1,200 farms could reduce dependency and support the agricultural economy.

The Central Bank auctioned $93.8 million in foreign currency on June 24, setting the weighted average exchange rate at L26.7170 per dollar for June 25.

Honduras's state food-supply agency Banasupro began a three-month program on June 24 to hold basic food prices steady and offer discounts of up to 10% through partnerships with private suppliers across its 121 nationwide stores.

The CNBS Gender Gap Report 2025 shows men hold more bank accounts per capita in Honduras's high-activity economic regions, while women show higher financial participation in rural areas and the country's western region.

Honduras's tax authority (SAR) reminds taxpayers that June 30 is the deadline to pay the first installment of estimated quarterly taxes, with payment available online to avoid penalties.

The Central Bank of Honduras auctioned $106.2 million in its daily currency offering on June 23, setting the weighted average exchange rate at L26.7190 per dollar for June 24.

Family remittances, which account for 54.2% of all foreign currency inflows to Honduras, are sustaining a positive net foreign-exchange position amid slower growth in outflows.

Interest rates on new loans and deposits in Honduras are falling, especially in lempiras, as bank deposits grow and credit conditions normalize across the financial system.

The Central Bank of Honduras says strengthening net international reserves are boosting liquidity in the economy, prompting active monetary management to control excess liquidity and preserve price stability.

Economist Amparo Canales welcomed fuel price reductions as temporary relief but stressed that savings must translate into lower consumer prices broadly, urging authorities to monitor for pricing abuses.

The Central Bank of Honduras allocated $85.1 million in its June 22 foreign-exchange auction, setting the weighted average exchange rate at L26.7166 per dollar for June 23.

Honduras's net foreign reserves reached $1.19 billion as of June 19, up sharply from late January, while import coverage remained stable at 6.6 months.

Honduras has exported over 6 million quintals (about 270,000 metric tons) of coffee worth $2.05 billion this season, and with sales contracts already near 6.85 million quintals, officials project final exports could reach 7 million quintals before the September 30 harvest close.

Honduras's public debt increased by $1.8 billion in the first three months of 2026 compared with the same period a year earlier.

Civil-society groups have called on the government to redirect about 7 billion lempiras (roughly $280 million) now spent on subsidies toward public investment instead.

FOSDEH economist Mario Palma says Honduras's public debt has risen to $18.454 billion this year, up from previous levels.