Honduras Economy News

The Vice Minister of Coffee said Honduras has sufficient supplies of beans and corn to meet domestic demand despite drought affecting several regions of the country.

Honduras's telecommunications sector expanded, driven by growth in mobile and fixed-line phone services and gains in postal and courier services tied to the rise of e-commerce.

Honduras's commerce sector grew on increased sales of transportation equipment, food products, electronics, fuel, fertilizers, and pharmaceuticals, reflecting rising internal consumption.

Honduras's tax authority (SAR) is offering individuals and businesses a chance to settle back taxes by paying only the amount owed, with penalties, interest, and surcharges waived, available through June 15.

Honduras is nearing $2 billion in foreign-exchange earnings from coffee exports this year, with 6.2 million of 6.8 million contracted quintals already shipped, according to the Coffee Vice Minister.

The Central Bank of Honduras is conducting a nationwide economic survey through June 2026 to update the country's production structures and improve measurement of economic activity.

Honduras's manufacturing sector grew, driven by food production—coffee, meat, and fish processing—and construction materials including cement, concrete, and steel reinforcing bar, the Central Bank reported.

Honduras's agriculture, forestry, and fishing sector expanded thanks to improved coffee yields from better farming practices and a rebound in banana, fruit, and African palm production.

Honduran bank liquidity reached L195.9 billion (about $7.8 billion) in March 2026 as deposits continued to grow faster than the credit portfolio, leaving lenders with excess funds that could boost lending later in the year if loan demand increases.

Honduras and the World Bank will launch a program to provide technical training to roughly 200,000 small-scale coffee producers nationwide, aiming to boost productivity and competitiveness in a key sector of the economy.

Samuel Rodríguez, a renewable energy generator, said electricity rates are due for adjustment because high fuel prices driven by the US-Iran conflict are raising energy production costs.

Dante Mossi, former president of the Central American Bank for Economic Integration, criticized a proposed reform excluding bonuses from income-tax calculations, warning it could enable employers to reclassify wages as tax-free bonuses and erode government revenue.

Honduras's Energy Ministry announced price cuts for regular gasoline, premium gasoline, and kerosene effective June 15, offering relief to consumers and businesses as authorities monitor global market shifts.

Egg prices jumped at Tegucigalpa's main markets over the weekend, with large eggs rising from 85 to 95 lempiras per 30-unit carton, as sellers cite higher production costs and limited large-egg supply.

Honduras exported 29.4 million pounds of farmed shrimp worth $113.1 million in the first five months of 2026, up 10.5% in value from the same 2025 period, with 58% of exports being value-added processed product.

Honduras's state power utility ENEE requires L35.4 billion (roughly $1.4 billion USD) in domestic debt from 2026 to 2029 to cover payments to private generators, amid losses exceeding 34% and a total debt burden now at L73.3 billion.

The Central Bank of Honduras allocated $85.1 million in its June 11 currency auction, setting the weighted average exchange rate at L26.6929 per dollar for June 12.

Former Central American Bank president Dante Mossi cautioned that a proposed reform to exclude bonuses from income tax (ISR) calculations would create tax-evasion opportunities and reduce government revenue, reversing two decades of IMF-backed reforms.

Tradable goods prices in Honduras increased 0.81% month-over-month in May, driven by external shocks from geopolitical factors that pushed up fuel prices.

Honduras's power regulator confirmed a third-quarter rate increase taking effect July 1, driven by higher generation costs, fuel prices, and lempira depreciation; the exact percentage will be announced within days.

The Central Bank allocated $88.3 million in its June 10 currency auction, setting the weighted average exchange rate at L26.6836 per dollar for June 11.

The Central Bank of Honduras expressed deep condolences over the death of Daniel Alfredo Figueroa, who served as vice president of the institution.

Honduras and the European Union signed a five-year, €6 million ($6.9 million) agreement to boost private-sector partnerships and sustainable investments, with aims to improve competitiveness, create jobs, and strengthen regulatory frameworks while emphasizing digital transformation and inclusion of women and youth.

Year-over-year inflation in Honduras reached 6.09% in May, driven partly by Middle East conflict impacts, temporarily exceeding the central bank's medium-term tolerance range of 4.00% plus or minus 1 percentage point.

The head of the Cortés Chamber of Commerce warned that a new increase to electricity rates will reduce competitiveness in the industrial region.

The Central Bank auctioned $95.3 million on June 9, setting the official exchange rate at L26.6844 per dollar for June 10.

A Fosdeh economist argues that measures now being negotiated to stabilize Honduras's state electric utility must become permanent policy to prevent future administrations from reversing reforms, as has happened repeatedly.

The Central Bank reported private-sector savings surpassed 681.7 billion lempiras as of late May 2026, up 13.9% year-over-year, driven primarily by household deposits and growing confidence in the financial system.

The central bank reports that credit to Honduras's private sector continues expanding, fueled by rising demand for business financing tied to stronger investment and economic activity.

Honduras received $4.13 billion in family remittances in the first four months of 2026, a 14.3% increase from the same period last year, as part of a $15.85 billion total across the Northern Triangle region.